Tsai Ing-wen sworn into office as Taiwan president

TAIPEI (Taiwan News) — Incumbent President Tsai Ing-wen (蔡英文) was sworn into office on Wednesday morning (May 20), embarking on her second term with a record high approval rating — despite...

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 new Presidential Office officials announced

TAIPEI (Taiwan News) – The Taiwanese Presidential Office announced the new arrangement for after President Tsai Ing-wen (蔡英文) begins her second and final four-year term on May 20. The former ...

Taiwan announces new Straits Exchange Foundation chairman

TAIPEI (Taiwan News) — As part of the cabinet reshuffle ahead of President Tsai Ing-wen's (蔡英文) inauguration Wednesday (May 20), long-serving diplomat David Lee (李大維) has been appointed as t...

Key ministers to stay in Taiwan's new Cabinet

TAIPEI (Taiwan News) — Premier Su Tseng-chang (蘇貞昌) is leaving the key ministers of interior, transportation, and education in their posts, but the National Security Council will receive a new s...

Masks at Taiwan banks compulsory from April 20

TAIPEI (Taiwan News) — Following the example set by Taiwan's public transportation systems and post offices, banks will start requiring visitors to wear masks Monday (April 20) to protect th...

ATM density in Taiwan triple Asian average

TAIPEI (Taiwan News) — There are 157 ATMs for every 100,000 adults in Taiwan, triple that of the average in Asia, the island country’s financial regulator said on Thursday (Jan. 16). As...

Taiwan's JCIC honors institutions for excellent credit information management

TAIPEI (Taiwan News) — To improve the availability, accuracy, and quality of credit information, Taiwan's Joint Credit Information Center (JCIC) has established three awards since 2007 to ho...

All banks in Taiwan to offer services in English by 2030

TAIPEI (Taiwan News) — All banks in Taiwan are set to provide both Chinese and English services by 2030 as part of the country’s bid to become a bilingual nation. Mega International Com...

Taiwan takes three-pronged approach to boost financial competitiveness

TAIPEI (Taiwan News) — Taiwan’s financial regulator unveiled on Thursday (Dec. 12) a three-pronged approach to boost the island nation’s financial competitive edge, as one report ind...

FSC head lists 5 reasons why Taiwan is unlikely to replace Hong Kong as financial hub

TAIPEI (Taiwan News) — Despite the ongoing political turbulence and social unrest in Hong Kong, Taiwan is unlikely to replace the city as a financial hub in the Asia-Pacific region, according to...

Intense competition in Taiwan's banking sector expected next year: FSC chairman

TAIPEI (Taiwan News) — Financial Supervisory Commission Chairman Wellington Koo (顧立雄) said on Tuesday (Nov. 26) that competition in the banking sector will grow more intense next year when inter...

ATMs in Taiwan to go smart in age of digital banking

TAIPEI (Taiwan News) — Taiwan will continue to promote cashless payments while working to upgrade the country’s ATMs in the era of digital banking, said its financial regulator on Tuesday ...

Taiwan Futures Exchange awards top 43 futures traders

TAIPEI (Taiwan News) — The Taiwan Futures Exchange (TAIFEX) on Tuesday (Nov. 12) awarded 43 financial institutions for their dedication to promoting growth in futures trading, enabling win-win s...

Taiwan says China’s ’26 measures’ unlikely to offset impact of trade war

TAIPEI (Taiwan News) – China’s recent announcement of “26 measures” officially designed to benefit Taiwanese citizens and corporations was unlikely to offset the impact of the ...