Taiwan’s new Central Bank chief receives his first A from Global Finance

TAIPEI (Taiwan News) – Central Bank Governor Yang Chin-long (楊金龍) has received his first A from Global Finance magazine since taking office last year, continuing a tradition which saw his predec...

Taiwan unlikely to follow South Korea, US in dropping interest rates

TAIPEI (Taiwan News) -- Taiwan’s central bank is not expected to lower interest rates despite precedents set by other countries, and it expects improved growth in the second half of the year. ...

Taiwan's Central Bank calls for minimum wage increase

(Taiwan News) -- Taiwan Central Bank Governor Yang Chin-long (楊金龍) has called for a reasonable increase to the national minimum wage, invoking resistance from business leaders. Governor Yang mainta...

Taiwan Central Bank Governor suggests rate pause amid mild inflation outlook

TAIPEI (Taiwan News) - Taiwan's Central Bank Governor Yang Chin-long (楊金龍) suggested at a legislative finance committee on Thursday that interest rates would remain unchanged in the bank's upc...

Taiwan's Central Bank to issue more NT$10 coins to cope with claw crane craze

TAIPEI (Taiwan News) -- Taiwan's Central Bank yesterday announced that it has increased its 2019 budget to issue more NT$10 (US$0.32) coins to cope with the massive claw machine craze that has gri...

Taiwan's Central Bank Governor warns of currency risk for seven countries

TAIPEI (Taiwan News) - Taiwan's Central Bank Governor, Yang Chin-long (楊金龍), said in the bank's latest report that seven emerging economies are facing the prospect of a potential currency cris...

Taiwan Central Bank to improve transparency, live-stream press conferences

TAIPEI (Taiwan News) – Taiwan's Central Bank will improve its transparency and move towards regular live-streamed press conferences, under the eye of freshly minted Governor, Yang Chin-long ...

Taiwan’s Central Bank governor slams cryptocurrencies

TAIPEI (Taiwan News) - Cryptocurrencies do not form part of the trust system which allows common currencies to flourish, Central Bank Governor Yang Chin-long (楊金龍) said Tuesday. Speaking at a forum...

Taiwan's Central Bank advises govt. to increase minimum wage

TAIPEI (Taiwan News) – A report from Taiwan’s Central Bank suggests that in comparison to international averages, and Taiwan’s current financial situation, that there is still room f...

Bitcoin trade should be regulated by anti-money laundering rules:Taiwan Official

Taipei, April 2 (CNA) Taiwan's central bank Governor Yang Chin-long (楊金龍) said Monday that transactions of the cryptocurrency Bitcoin should be regulated by anti-money laundering rules. In a he...

Winner of new Taiwan banknote design contest announced

TAIPEI (Taiwan News) -- Democratic Progressive Party Legislator Gao Jyh-peng (高志鵬) announced the winner of a contest to come up with a new design for Taiwan's banknotes yesterday (March 27). Th...

No plans to remove President Chiang Kai-shek from banknotes: Taiwan premier

TAIPEI (Taiwan News) – The government has no plans to change banknotes or coins in order to remove effigies of President Chiang Kai-shek, Premier William Lai (賴清德) said Tuesday. New Central B...

Taiwan could be biggest victim of U.S.-China trade war: central banker

TAIPEI (Taiwan News) – If a trade war breaks out between the United States and China, Taiwan could be its first and biggest victim, Central Bank Governor Yang Chin-long (楊金龍) said Thursday. M...

Taiwan could remove President Chiang Kai-shek from banknotes and coins

TAIPEI (Taiwan News) – If the new transitional justice legislation requires it, symbols of authoritarian rule such as effigies of President Chiang Kai-shek could be removed from the country&rsqu...

Taiwan Central Bank to explore use of blockchain technology

TAIPEI (Taiwan News) – The recently appointed chief of Taiwan’s Central Bank, Yang Chin-long (楊金龍), this week mentioned that the bank may consider implementing block chain technology to im...