Taiwan eyes business opportunities as Trump's Huawei ban goes into effect

TAIPEI (Taiwan News) – On Friday (May 17) in the United States, a ban on U.S. firms dealing with Chinese telecom and smart phone manufacturing giant, Huawei, along with 70 related business entit...

Taiwan sets new goal for overseas Taiwanese firms' investments

A government goal to attract NT$250 billion of investment from overseas Taiwanese firms returning to the country in one year has been doubled to NT$500 billion, after nearly NT$280 billion of investme...

Escalating US-China trade conflict an opportunity for Taiwan

TAIPEI (Taiwan News) – The announcement by U.S. President Donald Trump on May 5 (Sunday) to raise tariffs on $200 billion of Chinese goods presents a perfect opportunity for Taiwanese businesses...

Taiwan wind energy could result in 20,000 new jobs in 2025

TAIPEI (Taiwan News) - The progress Taiwan is making in the development of wind energy is likely to result in the creation of 20,000 new jobs in 2025, when the island will produce 5.5 gigawatt of elec...

Taiwan activists deliver anti-nuclear referendum petition

A local anti-nuclear coalition submitted a referendum petition Tuesday to the Central Election Commission (CEC) for initial screening. The petition initiated by the National Nuclear Abolition Actio...

Taiwan's Minister of Economic Affairs opposes increase in electricity prices

TAIPEI (Taiwan News) — Minister of Economic Affairs Shen Jong-chin (沈榮津) said Monday he is not inclined to advise increasing current electricity prices, but the ministry will respect the final d...

Taiwan Power Company rules out use of nuclear power

TAIPEI (CNA) -- State-run Taiwan Power Company (Taipower) ruled out the possibility of activating the No. 4 nuclear plant Friday, dismissing the misconception that doing so would take only three years...

Taiwan to defy referendum results, phase out nuclear power by 2025

TAIPEI (Taiwan News) – Taiwan will reduce its energy generated by thermal power stations by 1 percent annually in the coming two years, but will proceed with its plan to abolish nuclear power by...

Economic minister hails new Google investments in Taiwan

TAIPEI (Taiwan News) – In a video posted to the Ministry of Economic Affairs Facebook page on Jan. 27, Taiwan’s economic minister Shen Jong-chin (沈榮津) flaunted a series of new investments ...

Taiwan to announce energy policy reform by end of month: minister

TAIPEI (Taiwan News) – Taiwan’s Minister of Economic Affaris Shen Jong-chin (沈榮津) said that reforms to the nation’s energy policy will be announced before the end of January, reporte...

Taiwan Cabinet spokesperson, labor and culture ministers stay on

TAIPEI (Taiwan News) – Cabinet spokesperson Kolas Yotaka, Labor Minister Hsu Ming-chun (許銘春), and Culture Minister Cheng Li-chiun (鄭麗君) will retain their positions in the new Cabinet led by inco...

New Taiwan premier to keep old economics team: senior political source

TAIPEI (CNA) -- Taiwan's new premier, Su Tseng-chang (蘇貞昌), will be keeping on the economics and finance team from the previous Cabinet, but will make changes in other ministries and departments, ...

Taiwan Water Corporation considers increasing water fees next year

TAIPEI (Taiwan News) — Taiwan Water Corporation (TWC), a state-owned enterprise that provides water supply services across most parts of Taiwan, is mulling a plan to increases water fees next ye...

Taiwan reconsiders decommissioning of nuclear plants

TAIPEI (Taiwan News) – The Ministry of Economic Affairs (MOEA) is reconsidering its energy policies, including the dates for decommissioning the country’s second and third nuclear power pl...

Taiwan to continue CPTPP efforts: Economics Minister

TAIPEI (Taiwan News) - Taiwan will continue its efforts to join the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP), hoping for results when ministers of its 11 members meet in January...