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This Week Focus |
In this section, you will find the major news concerning the business, economy, and finance sectors mainly in Taiwan.
Adoptée le 31 octobre dernier par le Yuan législatif, la Loi sur le recrutement et l’emploi des professionnels étrangers est entrée en vigueur le 8 février. Elle assouplit les formalités relatives au visa, au permis de travail et au séjour, et facilite l’accès à l'assurance maladie et au système de retraite, dans le but d’attirer des professionnels de talent à Taiwan.
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The Act for the Recruitment and Employment of Foreign Professionals, which marks a milestone in Taiwan's recruitment of talent has officially come into effect, according to the National Development Council (NDC) Thursday.
As the health insurance system showed a deficit last year, citizens will probably have to pay 21.32 percent or NT$126 (US$4.29) more per year beginning in 2021, the Central News Agency reported Saturday.
The Ministry of Labor yesterday announced the special conditions under which workers would be allowed to work up to 12 consecutive days and have their rest time between shifts reduced to eight hours.
2018 could be a decisive year in the ambition of Taiwanese smartphone and virtual reality (VR) device maker HTC Corp. to be the top business in the global VR, augmented reality (AR) and artificial intelligence (AI) sector, now that its financial difficulties have received a boost from a deal with U.S. tech giant Google Inc.
Taipei will become the biggest research and development center of Google Inc., which completed a deal on Tuesday to acquire a large part of Taiwan's HTC Corp.'s smartphone assets, a Google executive said Tuesday.
Adult children of permanent resident foreign professionals will soon be able to apply for a "personal work permit" to allow them to work in Taiwan, Premier Lai Ching-te (賴清德) announced Thursday.
Shih on Tuesday last week said that the goal of raising the minimum monthly wage to NT$30,000 could be achieved in four to six years if the amount is increased by between 6 and 8 percent every year. Asked if she would pledge to raise the minimum salary to NT$30,000 by 2024, Tsai said the government could not impose such a goal on economic development. “If the economic conditions are good, if businesses are able to afford raising pay, I believe the salaries will continue to go up even without making changes to the minimum wage,” Tsai said.
The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.030 to close at NT$29.402, its lowest level in five years on the back of further foreign fund inflows into the country, dealers said.The strength of the U.S. dollar was capped due to intervention by the central bank aimed at slowing the pace at which the Taiwan dollar appreciates, in a bid to boost the country's competitive edge on the global market, dealers said.
Export orders this month are expected to continue to see robust growth, because of strong demand for electronic components and in traditional industries, Department of Statistics Director-General Lin Lee-jen said. The nation’s export orders surged 17.05 percent year-on-year to a record high of US$48.47 billion last month, largely driven by a US smartphone vendor’s handset orders and rising global demand for servers.
Taiwan's Board of Science and Technology announces a four year plan for AI development that calls for training over 20,000 specialists.