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Taiwan’s Taichung puts forward economic relief measures amid outbreak

TAIPEI (Taiwan News) — Taichung Mayor Lu Shiow-yen (盧秀燕) announced a new package of relief measures for businesses and vendors who were ordered to shut down after the city imposed a Level 3 COVI...

Taiwan's central bank highlights uncertainties in 2021 global economy

TAIPEI (Taiwan News) — Taiwan's central bank is expecting a slow global economic recovery in 2021 due to major uncertainties associated with the coronavirus pandemic and the escalating trade...

Taiwan's NDC predicts global economic revival in 2021

TAIPEI (Taiwan News) — Taiwan's National Development Council (NDC) Deputy Minister Kao Shien-quey (高仙桂) on Thursday (Nov. 5) predicted that global economies will gradually return on track in...

APRC holders will get additional vouchers in Taiwan stimulus program

TAIPEI (Taiwan News) — Minister of Economic Affairs Wang Mei-hua (王美花) confirmed Friday (Oct. 30) the government is planning to distribute additional stimulus vouchers to foreign nationals who h...

Taiwan legislature passes new special budget for economic relief, stimulus

The Legislative Yuan has passed a special budget of NT$209.95 billion (US$7.33 billion) largely to continue economic relief measures that ease the impact of the COVID-19 pandemic on Taiwan's econo...

Taipei legislator calls for NT$10,000 in cash relief for 15 million Taiwanese

TAIPEI (Taiwan News) — Taipei City Councilor Wang Shih-chien (王世堅) during an interview Tuesday (May 12) gave Premier Su Tseng-chang (蘇貞昌) a failing grade of 59 points, saying the bureaucracy Su ...

Taiwan expands special budget for economic relief to NT$210 billion

TAIPEI (Taiwan News) — The Legislative Yuan on Tuesday (April 21) passed the review for the expanded economic relief budget, hoping the additional NT$150 billion (US$4.99 billion) could help sof...

Taipei to implement economic relief measures for Wuhan virus

TAIPEI (Taiwan News) — As Taiwan’s COVID-19 cases have escalated in recent days, Taipei City Mayor Ko Wen-je (柯文哲) announced on Wednesday six economic relief measures to respond to the eco...