Taiwan's newly appointed premier Jiang Yi-huah is reshuffling members of the Executive Yuan (Cabinet) and has named China Airlines chairman Chang Chia-juch to head the Ministry of Economic Affairs (MOEA) succeeding departing economic ...
The Japan government recently started its quantitative easing (QE) policies putting pressure on other Asia currencies. Taiwan's premier Sean Chen has urged Taiwan's central bank to adopt necessary measures to stabilize domestic prices and ...
Tags: Taiwan, Central Bank, Global Currency Battle
Taipei, Oct. 16, 2012 (CENS)--Outstanding debt of the central government will top NT$5.27 trillion in 2013, 37.1% of the average GNP in the previous three years, a new high. Premier Sean Chen noted yesterday (Oct. 15) that with the ...
Tags: Taipei, debt, GNP, budgeted income
Taipei, Oct. 11, 2012 (CENS)--President Ma Ying-jeou asserted the principle of "normal opening and exceptional control" for foreign investments in Taiwan yesterday (Oct. 10), greatly lifting the restrictions on the entry of foreign capital ...
Tags: Taipei, investments, mainland Chinese
Taipei, Nov. 8, 2012 (CENS)--In the wake of the reelection of the U.S. President Obama, the Executive Yuan (the Cabinet) will immediately push the "action program for strengthening Taiwan-U.S. economic and trade relationship." The ...
Tags: liberalizing domestic economy, trade and investment framework agreement
Taipei, Nov.19, 2012 (CENS)--The “free-economy exemplary zone” plan has entered the final planning stage. The Council for Economic Planning and Development (CEPD), mastermind of the plan, has reportedly decided to extend the ...
Tags: free economy exemplary zone, CEPD, term employment contract
Taipei, Oct. 19, 2012 (CENS)--In view of the shrinking trading volume of the Taiwanese stock market, the Financial Supervisory Commission (FSC) will coordinate with securities firms and securities financing companies to cut the lending ...
Tags: Taiwanese stock market, FSC, financing firms, Chinese economy
Taipei, Oct. 15, 2012 )--Premier Sean Chen preliminarily approved yesterday (Oct. 14) the program for Taiwanese businesses returning Taiwan for investments, which calls for the provision of several major incentives for the returning ...
Tags: Taipei, investment, government desicion
Taipei,Oct.12,2012--Premier Sean Chen expressed yesterday(Oct.11)that the government will greatly lift the restrictions on foreign investments in Taiwanese industries not only in the manufacturing sector but also in the financial-service ...
Tags: Taipei, stock market, financial
Premier Sean Chen announced yesterday(Sept.26)that the basic hourly pay will be raised to NT$109,up from NT$103 now,effective Jan.1,next year.Meanwhile,the basic monthly pay will be enhanced to NT$19,047,on the premise that GDP growth ...
Tags: basic monthly pay, Taiwan, currency, policy
Taiwan's labor minister Wang Ju-hsuan has offered his resignation after the Executive Yuan(Cabinet)decided to postpone a plan proposed by the Council of Labor Affairs(CLA)to raise the minimum wage for employed workers in 2013. According ...
Tags: 2013, economy, Taiwan unemployment, minimum monthly wages
There are signs indicating that Taiwan's economy may bottom out soon amid an easing of global economic uncertainty,as the sentiment in its manufacturing sector has improved and the prospects of its exports have become more upbeat,the Taiwan ...
Tags: economy, Taiwan, Taiwan goverment, exports, manufactures
The plan for the hike of basic monthly pay will be shelved until the improvement of the economy,although the basic hourly pay will be raised according to the original schedule,concluded a meeting of the Executive Yuan(the ...
Responding to the suggestion from the Chinese National Association of Industry and Commerce(CNAIC),Taiwan's Cabinet has recently agreed to refund duty imposed on raw material imports taxed below 4%so long as such stock is to be used for ...
Tags: Exporters in Taiwan, Tax Refund on Imported Stock, CNAIC
Taipei,Sept.19,2012(CENS)--Premier Sean Chen finalized the Taoyuan aviation city plan yesterday(Sept.18)and listed it as a national flagship project,for which the government and the private sector will jointly invest NT$463 billion.After ...