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Malaysia to roll out additional $3.7 billion stimulus measures

Malaysia will introduce 15 billion ringgit ($3.71 billion) worth of additional stimulus measures to support its pandemic-hit economy and fight COVID-19, Prime Minister Muhyiddin Yassin said in a telev...

Taiwan stimulus vouchers available for APRC holders until Dec. 30

TAIPEI (Taiwan News) — Foreigners who are permanent residents in Taiwan, as well as diplomats, are eligible to receive Taiwan's stimulus vouchers until Dec. 31. In July, Taiwan launched i...

Taiwan’s Triple Stimulus Vouchers available to APRC holders until Dec. 31, 2020

The Triple Stimulus Vouchers program launched July 15 allows not only Taiwanese citizens but also foreign or Chinese spouses who have resident permits to purchase them, effectively spurring domestic c...

Taiwan APRC holders can get stimulus vouchers today

TAIPEI (Taiwan News) — Foreigners who are permanent residents in Taiwan, as well as diplomats, are eligible to receive Taiwan's stimulus vouchers starting Monday (Nov. 16). In July, Taiwa...

Taiwan to include foreign permanent resident taxpayers in stimulus scheme

TAIPEI (Taiwan News) — Around 13,000 foreigners in Taiwan are expected to benefit from an expansion of the number of residents eligible for the stimulus vouchers, which are aimed to boost the co...

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 hospitality industry introduces 10 million discount vouchers

TAIPEI (Taiwan News) — As the government's travel subsidy program is set to only last until Saturday (Oct. 31), nearly 400 hotels in Taiwan have decided to give out 10 million accommodation ...

Taiwan’s PMI reaches 2020 record in August, indicating economic revival

TAIPEI (Taiwan News) — The Purchasing Managers’ Index (PMI) reached its highest point for the year in August, indicating a revival of the economy, a leading think tank said Tuesday (Sept. ...

Taiwan president promises 3rd relief package to boost economy

TAIPEI (Taiwan News) — A third phase of relief measures with a budget of NT$210 billion (US$7.13 billion) and added investment totaling NT$6 trillion should help Taiwan recover from the Wuhan co...

Taiwanese online shopping platform features summer foods

TAIPEI (Taiwan News) — The Taiwan Agriculture Produce Festival online shopping platform organized by the Council of Agriculture (COA) will feature fruits and other food items popular in the summ...

Taiwan’s GDP to shrink for first time in 4 years due to coronavirus

TAIPEI (Taiwan News) — Taiwan’s Gross Domestic Product (GDP) is likely to shrink by 0.73 percent in the second quarter of the year, its first contraction in more than four years, the gover...

CAA approves EVA Air’s pleasure cruise around Taiwan

TAIPEI (Taiwan News) — Taiwan’s Civil Aeronautics Administration (CAA) on Wednesday (July 29) approved EVA Airways’ application for a special flight route around the island to take p...

Taiwan's Power Lottery jackpot to hit record NT$3.1 billion

TAIPEI (Taiwan News) — The new Power Lottery (威力彩) jackpot is expected to hit NT$3.1 billion (US$105 million), a new all-time record, as no one held the winning numbers announced on Thursday eve...

New Taipei gambling den disguised as car wash caught using stimulus coupons

TAIPEI (Taiwan News) — After police raided an illegal gambling den hidden above a car wash on Wednesday (July 22), officers discovered that many gamblers were shamelessly placing bets with econo...

Taiwan sets aside NT$210 billion in funds to further boost economy

TAIPEI (Taiwan News) — An extra NT$210 billion (US$7.1 billion) budget has passed a Cabinet meeting on Thursday (July 23) as part of the government’s efforts to prop up industries hit by t...