Taipei: The Executive Yuan has approved draft amendments to the law governing the allocation of tax revenues to local governments. The proposed changes aim to distribute a historic NT$1.2 trillion in tax revenues to Taiwan’s 22 city and county governments. According to Focus Taiwan, the Finance Ministry, which drafted the
Taipei: Taiwanese citizens are being encouraged to bolster Japan’s tourism and purchase its products as a gesture of support amidst growing tensions between Japan and China. Foreign Minister Lin Chia-lung made this call during a legislative session, highlighting Japan’s current economic challenges following China’s backlash over Japan’s recent statements regarding
Taipei: Germany is “deeply concerned” over a Chinese criminal probe into Democratic Progressive Party (DPP) lawmaker Puma Shen, Germany’s top envoy to Taiwan said Thursday. According to Focus Taiwan, Karsten Tietz, director-general of the German Institute Taipei, expressed serious concerns about the use of criminal law against individuals who express
Taipei: Taiwan shares ended up 846.24 points, or 3.18 percent, at 27,426.36 Thursday on turnover of NT$577.02 billion (US$18.48 billion). According to Focus Taiwan, the significant rise in the stock market was observed at the close of trading, marking a notable increase in the overall market index. The turnover reached
Taipei: Taiwan is set to enhance its international development assistance, with plans to allocate an additional NT$3 billion to its foreign aid agency in 2026, as announced by Foreign Minister Lin Chia-lung. This increase is part of a broader effort to gradually boost the country’s foreign aid capabilities. According to
Taipei: Taipei police are investigating a bomb threat after an online post claimed explosives would be placed in several senior high schools and universities in Taiwan’s capital city. The Taipei City Police Department said the post potentially constitutes public intimidation, and that it had notified all precincts to strengthen security
