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Central bank cuts interest rates by 0.25 percentage points

Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan's central bank decided to cut its key interest rates by 0.25 percentage points after concluding a quarterly policymaking meeting Thursday.The move...
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Central bank cuts interest rates by 0.25 percentage points (update)

Taipei, In concert with actions taken by central banks around the world to stimulate the economy, Taiwan's central bank decided to cut its key interest rates by 0.25 percentage points after concluding a quarterly policymaking meeting Thursday.The move...
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Somalia ‘Now in Good Standing’ With World Bank

WASHINGTON The World Bank on Thursday said it is normalizing relations with the Federal Government of Somalia after 30 years.The bank noted the Somali government's strong record of fiscal, political, social and economic reforms in recent years in mak...
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Taiwan shares close down 0.97%

Taipei Taiwan shares closed down 114.53 points, or 0.97 percent, at 11,648.98 Tuesday on turnover of NT$138.78 billion (US$4.61 billion).Source: Focus Taiwan News Channel
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‘Good to be home’: Taiwanese evacuees from Wuhan released

"It's good to be home," a 55 year old engineer surnamed Chou (?) said as he exited a tour bus at Chao Ma Bus Station in Taichung.Chou was one of 247 people who were brought back to Taiwan on a charter flight on Feb. 3 after being stuck in Wuhan, th...
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Tech sector braces for supply disruptions amid coronavirus spread

Citing a survey conducted among the CNFI's 157 industrial association members, Taiwan's high tech industry is concerned the supply of raw materials from China will be disrupted as many Chinese manufacturers have failed to reach full production since re...
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WUHAN VIRUS/Hong Kongers fined NT$70,000 for breaking quarantine rules

The three individuals were placed in a secure quarantine facility and will be released on Feb. 23, after a 14 day quarantine period back dated to their arrival on Feb. 8, the department said.The Hong Kongers, two men and one woman, were found in a rent...
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U.S. dollar closes unchanged on Taipei forex market

Taipei The U.S. dollar closed unchanged against the Taiwan dollar Saturday at NT$30.051.Turnover totaled US$80 million during the trading session.The greenback opened at the day's high of NT$30.060, and moved to a low of NT$29.995 before rebounding.Ta...
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Taiwan, Czechia taxation agreement to take effect in 2021: MOFA

Taipei An agreement between Taiwan and the Czech Republic on the avoidance of double taxation and prevention of fiscal evasion is expected to be implemented on Jan. 1, 2021, Taiwan's Ministry of Foreign Affairs (MOFA) said Thursday.The Avoidance of Dou...
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