Taiwan exports up for 10th straight month in April
05/07/2021 09:00 PM
CNA photo May 7, 2021
Taipei, May 7 (CNA) Taiwan s exports for April rose from a year earlier for the 10th consecutive month because of a low base of comparison and growing demand for gadgets related to the booming stay-at-home economy, the Ministry of Finance (MOF) said Friday.
Momentum enjoyed by the non-tech industrial sector also accelerated as a recovery in global demand continued to push product prices higher, further boosting outbound sales, the MOF said.
Taiwan s exports totaled US$34.96 billion in April, up 38.7 percent from a year earlier after a year-on-year growth of 27.1 percent seen in March, MOF data showed.
Legislature passes bill on tax rebates for home appliances, vehicles
05/07/2021 10:43 PM
CNA file photo
Taipei, May 7 (CNA) The Legislature passed a bill Friday green- lighting a government plan to extend tax rebates on purchases of energy-saving home appliances and the replacement of old vehicles with new ones.
Under amendments to the Commodity Tax Act, a measure aimed at encouraging consumers to buy energy-saving home appliances will continue until June 14, 2023.
A tax rebate of up to NT$2,000 (US$71) will be offered for each newly purchased refrigerator, air conditioner or dehumidifier that meets a Level 1 or Level 2 energy-saving standard as specified in the Bureau of Energy s efficiency rating system.
Stabilization fund keeps close eye on possible risks in stock market
05/03/2021 08:29 PM
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Taipei, May 3 (CNA) The National Stabilization Fund, which was established by the government to smooth out volatility in the local equity market, will continue to keep a close eye on possible risks in the market at a time of an escalation in the COVID-19 pandemic, Finance Minister Su Jain-rong (蘇建榮) said Monday.
On the sidelines of a hearing by the finance committee at the Legislative Yuan, Su told reporters that the stabilization fund has been closely watching market fluctuations by taking into account possible risks caused by the virus, which continues to ravage many countries around the world, particularly India.
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Taiwan seeks to join U.N. mission monitoring Japan wastewater plan
04/21/2021 05:33 PM
The Fukushima Daiichi nuclear plant. Kyodo News photo
Taipei, April 21 (CNA) Taiwan will seek to join an international mission to be deployed by the United Nations nuclear watchdog to monitor Japan s plans to dump treated radioactive water into the ocean, Minister of the Atomic Energy Council (AEC) Hsieh Shou-shing (謝曉星) said Wednesday.
Even though Taiwan is not a member of the International Atomic Energy Agency (IAEA), nor a U.N. member, the minister said he was optimistic the country would be included in the IAEA-led mission, during a legislative session.