Minister of Finance Ho Chih-chin (
The issue of reinstating the two groups' taxpayer status has been mulled for more than 20 years but has encountered various obstacles.
However a resolution seemed at hand with the Ministry of Education's recent announcement that it has completed a list of complementary measures to facilitate the plan. The Ministry of National Defense finalized its version a long time ago.
Minister of Education Tu Cheng-sheng (
"I can say with cautious optimism, we'll drum up the necessary support from the legislative caucuses and the amendments will pass three readings during the current legislative session," the minister said, adding that the regulation change could increase tax revenue by NT$15 billion (US$457 million).
A proposal to levy an energy tax, which will be tagged on the current commodity tax and vehicle fuel fees, and reforms of the inheritance and gift taxes will be postponed to the next legislative session, Ho said.
Late last month, Premier Su Tseng-chang (
His comment came after rumors were spread that the La New Bears, which won this year's Chinese Professional Baseball League (CPBL) championship, will be sold off because of financial difficulties.
Asked about the ministry's preparations, Ho said it requires careful study and that the ministry would respect any proposals submitted by the National Council on Physical Fitness and Sports, the top government organization in charge of sports.
"Baseball has a positive effect on our society and now would be the right time to offer some encouragement," Ho said.
Anna Bhobho, a 31-year-old housewife from rural Zimbabwe, was once a silent observer in her home, excluded from financial and family decisionmaking in the deeply patriarchal society. Today, she is a driver of change in her village, thanks to an electric tricycle she owns. In many parts of rural sub-Saharan Africa, women have long been excluded from mainstream economic activities such as operating public transportation. However, three-wheelers powered by green energy are reversing that trend, offering financial opportunities and a newfound sense of importance. “My husband now looks up to me to take care of a large chunk of expenses,
SECTOR LEADER: TSMC can increase capacity by as much as 20 percent or more in the advanced node part of the foundry market by 2030, an analyst said Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is expected to lead its peers in the advanced 2-nanometer process technology, despite competition from Samsung Electronics Co and Intel Corp, TrendForce Corp analyst Joanne Chiao (喬安) said. TSMC’s sophisticated products and its large production scale are expected to allow the company to continue dominating the global 2-nanometer process market this year, Chiao said. The world’s largest contract chipmaker is scheduled to begin mass production of chips made on the 2-nanometer process in its Hsinchu fab in the second half of this year. It would also hold a ceremony on Monday next week to
TECH CLUSTER: The US company’s new office is in the Shalun Smart Green Energy Science City, a new AI industry base and cybersecurity hub in southern Taiwan US chip designer Advanced Micro Devices Inc (AMD) yesterday launched an office in Tainan’s Gueiren District (歸仁), marking a significant milestone in the development of southern Taiwan’s artificial intelligence (AI) industry, the Tainan City Government said in a statement. AMD Taiwan general manager Vincent Chern (陳民皓) presided over the opening ceremony for the company’s new office at the Shalun Smart Green Energy Science City (沙崙智慧綠能科學城), a new AI industry base and cybersecurity hub in southern Taiwan. Facilities in the new office include an information processing center, and a research and development (R&D) center, the Tainan Economic Development Bureau said. The Ministry
State-run CPC Corp, Taiwan (CPC, 台灣中油) yesterday signed a letter of intent with Alaska Gasline Development Corp (AGDC), expressing an interest to buy liquefied natural gas (LNG) and invest in the latter’s Alaska LNG project, the Ministry of Economic Affairs said in a statement. Under the agreement, CPC is to participate in the project’s upstream gas investment to secure stable energy resources for Taiwan, the ministry said. The Alaska LNG project is jointly promoted by AGDC and major developer Glenfarne Group LLC, as Alaska plans to export up to 20 million tonnes of LNG annually from 2031. It involves constructing an 1,290km