Industry

Extension of EV Tax Exemption Approved by Legislative Yuan

Taipei: Amendments to commodity and vehicle license tax laws for electric vehicles (EVs) that will extend an exemption of these taxes for an additional five years cleared the Legislative Yuan on Tuesday. With the current exemptions of commodity and vehicle license taxes for consumers to buy EVs that were launched

Taiwan Shares Close Up 0.57%

Taipei: Taiwan shares ended up 160.83 points, or 0.57 percent, at 28,310.47 Tuesday on turnover of NT$420.39 billion (US$13.35 billion). According to Focus Taiwan, the increase in Taiwan shares reflects an upward trend in the stock market, with a notable rise in trading activity. The market’s performance was marked by

U.S. Dollar Lower in Taipei Trading

Taipei: The U.S. dollar was traded at NT$31.510 at 10 a.m. Tuesday on the Taipei Foreign Exchange, reflecting a decrease of NT$0.013 from the previous close. According to Focus Taiwan, the movement in the currency exchange rate indicates a slight depreciation of the U.S. dollar against the New Taiwan dollar

Taiwan Team Identifies Internet Addiction by Analyzing Brain Waves

Taipei: A Taiwanese research team has developed a machine-learning model that analyzes electroencephalography (EEG) brain-wave patterns to distinguish individuals with internet addiction from healthy subjects with 86 percent accuracy, researchers announced Thursday. The method’s accuracy is significantly higher than that of self-report measures, Huang Hsu-wen, an assistant investigator at the

Hsinchu Mayor Kao Returns to Office After Acquittal on Corruption Charges

Hsinchu: Hsinchu City Mayor Kao Hung-an returned to work on Thursday, two days after the Taiwan High Court acquitted her of corruption charges, in a case that had resulted in her suspension from her mayoral post for one year and five months. Kao arrived at the Hsinchu City government office

Taiwan’s Foreign Minister Lin and Business Delegates Seek Cooperation Opportunities in Palau

Taipei: Taiwan’s Foreign Minister Lin Chia-lung departed Taipei on Thursday for a four-day visit to Palau, accompanied by several Taiwanese business representatives, to explore opportunities for further collaboration with the Pacific ally, according to his ministry. According to Focus Taiwan, the delegation, led by Lin, includes representatives from Taiwan’s tourism,