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Taiwan stock market index plunges below 17,000 mark

TAIPEI (Taiwan News) — Taiwan’s stock market index, the Taiex, plunged 500 points Tuesday (May 4) morning before closing down 288.57 points, falling below the 17,000 mark. The 1.68-perc...

Ministry of Finance considers tax reform to counter property speculation in Taiwan

TAIPEI (Taiwan News) — The Ministry of Finance said Thursday (Dec. 17) it is considering reforming taxes in order to counter real estate speculation. Finance Minister Su Jain-rong (蘇建榮) made ...

Taiwan's government says economic cooperation with US is non-partisan

TAIPEI (Taiwan News) — The Ministry of Finance (MOF) said Thursday (Nov. 5) that Taiwan's partnership with the U.S. on financing overseas infrastructure will not be affected by the outcome o...

Taiwan's Mega Bank denies it gave secret loan to Trump's son-in-law

TAIPEI (Taiwan News) — Mega Bank on Wednesday (Sept. 23) dismissed an allegation by the editor for Forbes that Trump's son-in-law obtained a secret loan from the Taiwanese bank. Forbes ed...

Deadline for filing taxes in Taiwan is today

TAIPEI (Taiwan News) — Tuesday (June 30) is the last day residents of Taiwan can file their income taxes or apply for an extension after the government issued a one-month nationwide extension du...

New appointments to Taiwan's Cabinet announced

Updated: May 19, 2020, 14:30 a.m. TAIPEI (Taiwan News) — Taiwanese President Tsai Ing-wen (蔡英文) will start her second and final four-year term on Wednesday (May 20) with most ministers in he...

Taiwan's donation of 100,000 masks arrive in Singapore

TAIPEI (Taiwan News) — A ceremony was held at the Singapore Red Cross on Wednesday (April 22) to announce the arrival of 100,000 medical masks donated by Taiwan. During the donation ceremony,...

Wife of Singapore PM thanks Taiwan after controversial comment

TAIPEI (Taiwan News) — After being criticized for her impolite response to Taiwan's face mask donation to Singapore, the Southeast Asian nation's first lady Ho Ching (何晶) edited her rema...

Taiwan's COVID-19 relief package could reach NT$1.05 trillion

The government plans to provide NT$1.05 trillion (US$34.64 billion) in two phases of an economic relief package to provide emergency aid to businesses and individuals hit by the COVID-19 coronavirus p...

Taiwan to allow delayed payment of taxes for 1 year due to Wuhan virus

TAIPEI (Taiwan News) — The Ministry of Finance (MOF) on Monday (March 16) announced that it will allow those affected by the Wuhan coronavirus (COVID-19) pandemic to delay their payment of taxes...

Stabilization fund ready to shore up equity market: Taiwan Ministry of Finance

Finance Minister Su Jain-rong (蘇建榮) on Friday (March 13) said the National Financial Stabilization Fund is ready to lend support to the local equity market and its committee could meet at anytime if n...

Vietnam, Taiwan reap biggest benefits from US-China trade war

TAIPEI (Taiwan News) — Vietnam and Taiwan have seen the largest surges in exports to the U.S. as its trade war with China rages on, according to data from Statista. On Monday (Nov. 18), Germa...

UN recognizes Taiwan as biggest winner from US-China trade war

TAIPEI (Taiwan News) — A report by the UN Conference on Trade and Development (UNCTAD) released on Tuesday (Nov. 5) concludes that Taiwan is the biggest beneficiary of the U.S.-China trade war, ...

Legislator demands full disclosure of buyers in Taiwan’s cigarette smuggling case

TAIPEI (Taiwan News) — The finance minister of Taiwan has promised to launch a complete investigation into the cigarette smuggling incident by the end of the week as questions remain about the h...

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...