Taiwan banks to offer fresh cash for Lunar New Year on Jan. 16

TAIPEI (Taiwan News) — As many Taiwanese prepare to stuff red envelopes with crisp, new Taiwan dollar bills on Lunar New Year, Taiwan's central bank announced on Tuesday (Jan. 7) that a bank...

Taiwan's Pegatron hands out NT$12,000 minimum cash prize to employees

TAIPEI (Taiwan News) -- During its annual Weiya (尾牙, Lunar New Year party) yesterday, Taiwanese iPhone assembler Pegatron Corp. (和碩) handed out over NT$100 million in bonuses to its employees, with ev...

Taiwan's FPG to pay 6 months' salary for year-end bonus

TAIPEI (Taiwan News) -- Formosa Plastics Group (FPG, 台塑) is set to give its employees a year-end bonus worth six months of salary as well as red envelopes, said the company's president Wang Wen-yu...