The government is considering relaxing immigration rules for migrant workers and foreign students as part of efforts to address a labor shortage and issues linked to the nation’s low birthrate, Minister of the Interior Lin Yu-chang (林右昌) told a trade group yesterday.
Lin made the remarks while giving the keynote speech at a meeting in Taipei of the Third Wednesday Club (三三會), whose membership is limited to the top 100 firms in each business sector.
“We should embrace different views in dealing with foreign workers who currently serve as caregivers for ill senior citizens and work at construction sites,” Lin said.
Photo: Huang Mei-chu, Taipei Times
It is not fair or humane to dismiss caregivers after they have looked after people’s family members for the legal maximum of 12 years and have developed a close relationship with their employers, Lin said.
Perhaps they should be allowed to stay and be naturalized, the minister said.
Similarly, the government is considering whether male migrant workers who work on public and private construction projects should be allowed to stay in Taiwan for good, Lin said, adding that they are currently required to leave after their contracts expire in four to five years.
They usually have received years of training in Taiwan and are therefore welcomed by employers in South Korea and Japan, he said.
“We should revisit our immigration rules, rather than train workers on behalf of other nations,” Lin said.
The change is necessary as Taiwan is to become a super-aged society in 2025, when people aged 65 or older are to account for more than 20 percent of the population, he said.
Taiwan already became an aged society in 2018, with people aged 65 or older making up 14 percent of the population, and the birthrate has declined, Lin said.
The demographic structure is unfavorable for the workforce, causes other social security issues and it would require decades to rectify, the minister said, adding that labor shortages are affecting all levels of the workforce: unskilled, skilled and managerial employees.
Foreign students are another solution, and the government is considering allowing them to extend their stay, giving them two years, instead of 12 months, to find employment in Taiwan upon graduation, the minister said.
Toward that end, policymakers are also debating lowering the wage requirement from NT$42,500 a month, as most graduates in Taiwan have difficulty finding a job that pays that much, Lin said.
The government has offered assorted benefits to boost fertility rates, but to little avail, he added.
HORMUZ ISSUE: The US president said he expected crude prices to drop at the end of the war, which he called a ‘minor excursion’ that could continue ‘for a little while’ The United Arab Emirates (UAE) and Kuwait started reducing oil production, as the near-closure of the crucial Strait of Hormuz ripples through energy markets and affects global supply. Abu Dhabi National Oil Co (ADNOC) is “managing offshore production levels to address storage requirements,” the company said in a statement, without giving details. Kuwait Petroleum Corp said it was lowering production at its oil fields and refineries after “Iranian threats against safe passage of ships through the Strait of Hormuz.” The war in the Middle East has all but closed Hormuz, the narrow waterway linking the Persian Gulf to the open seas,
Apple Inc increased iPhone production in India by about 53 percent last year and now makes a quarter of its marquee devices there, reflecting the US company’s efforts to avoid tariffs on China. The company assembled about 55 million iPhones in India last year, up from 36 million a year earlier, people familiar with the matter said, asking not to be named because the numbers aren’t public. Apple makes about 220 million to 230 million iPhones a year globally, with India’s share of the total increasing rapidly. Apple has accelerated its expansion in the world’s most populous country in recent years, bolstered
HEADWINDS: The company said it expects its computer business, as well as consumer electronics and communications segments to see revenue declines due to seasonality Pegatron Corp (和碩) yesterday said it aims to grow its artificial intelligence (AI) server revenue more than 10-fold this year from last year, driven by orders from neocloud solutions clients and large cloud service providers. The electronics manufacturing service provider said AI server revenue growth would be driven primarily by the Nvidia Corp GB300 server platform. Server shipments are expected to increase each quarter this year, with the second half likely to outperform the first half, it said. The AI server market is expected to broaden this year as more inference applications emerge, which would drive demand for system-on-chip, application-specific integrated circuits
PROJECTION: TSMC said it expects strong growth this year, with revenue in US dollars projected to grow by about 30 percent, outperforming the industry Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported consolidated sales last month reached NT$317.66 billion (US$9.98 billion), the highest ever for the month of February, driven by robust demand for chips built using the company’s advanced 3-nanometer (3nm) process. Last month’s figure was up 22.2 percent from a year earlier, but fell 20.8 percent from January, the world’s largest contract chipmaker said in a statement. For the first two months of the year, TSMC posted cumulative sales of NT$718.91 billion, up 29.9 percent from a year earlier. Analysts attributed the growth to sustained global demand for artificial intelligence (AI) products