Taiwan adds more masks to rationing system amid Wuhan coronavirus scare

TAIPEI (Taiwan News) — Health Minister Chen Shih-chung (陳時中) announced a new rationing system on Monday (Feb. 17), adding an additional 200 adult-size surgical masks and 150 child masks for each...

Massive stimulus of NT$60 billion in works for Taiwan post-coronavirus

In a bid to tackle the potential impact of the COVID-19 coronavirus outbreak on the domestic economy, the Executive Yuan announced Thursday a NT$60 billion (US$2 billion) bailout plan to help hard-hit...

Taiwan plans NT$2 billion coupon stimulus as coronavirus weakens economy

TAIPEI (Taiwan News) — Taiwan’s Ministry of Economic Affairs (MOEA) is considering plans to alleviate the financial burden felt by industries due to the spread of the novel coronavirus (20...

Taiwan's mask rationing system could end by late Feb.

TAIPEI (Taiwan News) — Taiwanese Premier Su Tseng-chang (蘇貞昌) on Tuesday (Feb. 11) announced that as production has ramped up significantly, the face mask rationing system will likely be phased ...

Rumors over face mask shortage spark run on toilet paper in Taiwan

Update 2020-02-10 3:20 p.m. The Criminal Investigation Bureau (CIB) said during a press conference Monday (Feb. 10) that three women responsible for the toilet paper supplies rumor have been arrest...

Taiwan government to lower price of masks

TAIPEI (Taiwan News) — The Ministry of Economic Affairs (MOEA) announced Thursday (Jan. 30) that all face masks in Taiwan will be sold at NT$6 (20 cents) a piece, starting Saturday (Feb. 1), to ...

Taiwan suggests maximum limit of 250 face masks per outbound traveler

TAIPEI (Taiwan News) – Travelers leaving Taiwan should not take more than five boxes containing a total of 250 face masks with them, the authorities said Monday (Jan. 27). The measure, which ...

Taiwan bans export of surgical, N95 masks amid China coronavirus outbreak

TAIPEI (Taiwan News) — With the Wuhan coronavirus outbreak escalating and more cases being officially reported in 10 countries and regions outside China, Taiwan's health authorities are on t...

Mobile payment penetration in Taiwan exceeded 60% in 2019

TAIPEI (Taiwan News) — The mobile payment penetration rate in Taiwan reached 62.2 percent in 2019, up more than 10 percent from the previous year, as the country works to create an environment c...

Taiwan's investment agency approves multi-billion NT dollar foreign investment applications

TAIPEI (Taiwan News) — The Ministry of Economic Affairs' Investment Commission approved 13 inbound and outbound investment applications on Tuesday (Jan. 21), with billions of NT dollars'...

'Real Friends, Real Progress': AIT recognizes Taiwan as true US friend

TAIPEI (Taiwan News) — The American Institute in Taiwan (AIT) wrapped up celebrations for its 40th year in Taiwan with the Digital Dialogue Public Forum on Friday (Jan. 17). In his opening ad...

Taiwan SMEs call for revived cross-strait talk after Tsai's re-election

TAIPEI (Taiwan News) — Taiwan’s corporate world on Monday (Jan. 13) urged the Tsai government to put aside its differences with the opposition and resume the long-halted dialogue with Chin...

Taiwan has enough oil to survive Iran crisis

TAIPEI (Taiwan News) — Despite the confrontation between the United States and Iran, Taiwan has enough oil to last for 128 days, so there is no need for a panic, the Ministry of Economic Affairs...

Yageo to remit NT$10 billion for local investment

Yageo Corp., a leading passive electronics component maker in Taiwan, said Wednesday that it will remit NT$10 billion (US$332 million) back to Taiwan from overseas for local investment. Yageo, a pr...

Taiwan becomes Vietnam's fifth largest foreign investor

Taiwan was the fifth-largest foreign investor in Vietnam for the first 11 months of 2019, the Ministry of Economic Affairs' (MOEA) statistics department reported Monday. From January to Novembe...