The TSU yesterday demanded that the government provide industrial park land lots for domestic companies free of rent to help revitalize battered traditional industries and increase job opportunities.
The TSU legislative caucus also demanded the government develop idle industrial zones and military land into special export processing zones for the textile industry and its accessory industries.
TSU Legislator Huang Chung-yuan (黃宗源) said at a news conference that Taiwan's investment climate is unattractive.
"Besides environmental dis-putes and hindrances set by a handful of corrupt officials, many other factors, including exorbitant land prices, high wages and labor shortages have also discouraged domestic investment," he said.
Huang pointed out that the cost of building a plant in Taiwan is more than 10 times higher than it is in China, domestic banks are likely to retrieve their loans anytime without justifiable reasons and labor costs are eight times higher than in China.
TSU Legislator Wu Tung-sheng (吳東昇) told the news conference that, although the total value of exports by high-tech industries is huge, the aggregate imports made by these industries is also very large. As a result, the amount of foreign exchange they earn usually falls behind that earned by traditional industries.
"Therefore, the government should not focus only on promoting high-tech industries and should pay at least equal attention to traditional industries," Wu said.
By offering free industrial land to traditional industries, Wu said he believes that many traditional industries would be willing to increase the amount they invest as well as maintain their business roots in Taiwan.
The Ministry of Education (MOE) is to launch a new program to encourage international students to stay in Taiwan and explore job opportunities here after graduation, Deputy Minister of Education Yeh Ping-cheng (葉丙成) said on Friday. The government would provide full scholarships for international students to further their studies for two years in Taiwan, so those who want to pursue a master’s degree can consider applying for the program, he said. The fields included are science, technology, engineering, mathematics, semiconductors and finance, Yeh added. The program, called “Intense 2+2,” would also assist international students who completed the two years of further studies in
Former president Tsai Ing-wen (蔡英文) departed for Europe on Friday night, with planned stops in Lithuania and Denmark. Tsai arrived at Taiwan Taoyuan International Airport on Friday night, but did not speak to reporters before departing. Tsai wrote on social media later that the purpose of the trip was to reaffirm the commitment of Taiwanese to working with democratic allies to promote regional security and stability, upholding freedom and democracy, and defending their homeland. She also expressed hope that through joint efforts, Taiwan and Europe would continue to be partners building up economic resilience on the global stage. The former president was to first
Former president Tsai Ing-wen (蔡英文) on Monday called for greater cooperation between Taiwan, Lithuania and the EU to counter threats to information security, including attacks on undersea cables and other critical infrastructure. In a speech at Vilnius University in the Lithuanian capital, Tsai highlighted recent incidents in which vital undersea cables — essential for cross-border data transmission — were severed in the Taiwan Strait and the Baltic Sea over the past year. Taiwanese authorities suspect Chinese sabotage in the incidents near Taiwan’s waters, while EU leaders have said Russia is the likely culprit behind similar breaches in the Baltic. “Taiwan and our European
The Taipei District Court sentenced babysitters Liu Tsai-hsuan (劉彩萱) and Liu Jou-lin (劉若琳) to life and 18 years in prison respectively today for causing the death of a one-year-old boy in December 2023. The Taipei District Prosecutors’ Office said that Liu Tsai-hsuan was entrusted with the care of a one-year-old boy, nicknamed Kai Kai (剴剴), in August 2023 by the Child Welfare League Foundation. From Sept. 1 to Dec. 23 that year, she and her sister Liu Jou-lin allegedly committed acts of abuse against the boy, who was rushed to the hospital with severe injuries on Dec. 24, 2023, but did not
RSS