Taiwan to offer subsidies to unemployed workers who find jobs focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Taiwan Business TOPICS
New measures seek to combat China’s talent poaching
China has been targeting Taiwanese semiconductor talent in an effort to fuel its domestic chipmaking capabilities. In response, the Executive Yuan in April formed a task force to establish measures to combat Chinese talent poaching and in early May, the Ministry of Labor (MOL) ordered that Taiwanese job bank websites remove all listings for jobs located in China.
In a letter banning Taiwanese manpower agencies from posting Chinese recruitment ads and acting as an intermediary for Chinese employers, the MOL cited Articles 34 and 35 of the Act Governing Relations between the People of the Taiwan Area and the Mainland Area. Those articles prohibit certain kinds of advertising and investment or technological cooperation. The MOL stated that non-compliance would result in fines of ranging from NT$100,000 to NT$500,000 for illegal advertisements and NT$50,000 to NT$5 million for intermediary affiliations.