Minister of Digital Affairs Huang Yen-nun (黃彥男) yesterday presented his plan to increase the value of Taiwan’s digital market economy to more than NT$1 trillion (US$30.98 billion) within two years.
The Ministry of Digital Affairs’ role is to encourage profit, and as such, its policies should be geared toward assisting with industrial growth, Huang said in an interview with the Chinese-language Central News Agency.
With a global focus on the digital economy, Taiwan should play to its strengths, which would be industries related to artificial intelligence (AI), he said, adding that they remain his priority.
Photo: CNA
Huang said he has three main policies, the first of which is fostering AI “eco-parks” as government measures to develop a digital economy.
He has discussed with National Development Council Director-General Paul Liu (劉鏡清) what incentives would attract foreign and local AI companies to invest in such parks, Huang said.
While the policy is still under discussion, the goal is to have one eco-park in the south and one in the north of the nation, he said, adding that the ministry considers this a vital policy point and hopes to complete all planning by the end of the year.
The ministry is encouraging the Taiwanese information security industry to seek opportunities abroad, Huang said.
Taiwan’s strengths lie in combining software and hardware in one cohesive product, for example, possibly by integrating information security with the Internet of Things, which would help create a digitally secure cloud service that users feel more secure using, he said.
“Software is everything in the future,” Huang said, adding that Taiwan would acquire significant business if it could create packaged solutions applicable to the agricultural, medical and manufacturing sectors.
The second policy is to prevent scamming by having the ministry create a Web site that identifies whether a number belongs to scammers, he said.
The third is to build up information security resilience, Huang said.
He has been sent proposals to amend the Cybersecurity Management Act (資通安全法), which would empower the ministry’s Administration for Cyber Security to inspect the level of information security at government offices, Huang said.
Backing up information to the cloud should be encouraged, and encryption technology, including quantum encoding, should be further researched and utilized, Huang said.
The ministry hopes to popularize the concept of “zero trust” and the use of multifactor authentication technologies, which would significantly deter hackers from accessing internal networks even if a password is leaked, he said.
Asked about the US demanding that ByteDance Ltd (字節跳動) divest TikTok’s US assets or face a ban, Huang said that Taiwan would not take the lead on implementing similar policies, but would continue to monitor developments.
However, he said he “hoped it would come to fruition,” as Taiwan could link to TikTok’s US servers.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
NO CHANGE: The TRA makes clear that the US does not consider the status of Taiwan to have been determined by WWII-era documents, a former AIT deputy director said The American Institute in Taiwan’s (AIT) comments that World War-II era documents do not determine Taiwan’s political status accurately conveyed the US’ stance, the US Department of State said. An AIT spokesperson on Saturday said that a Chinese official mischaracterized World War II-era documents as stating that Taiwan was ceded to the China. The remarks from the US’ de facto embassy in Taiwan drew criticism from the Ma Ying-jeou Foundation, whose director said the comments put Taiwan in danger. The Chinese-language United Daily News yesterday reported that a US State Department spokesperson confirmed the AIT’s position. They added that the US would continue to
IMPORTANT BACKER: China seeks to expel US influence from the Indo-Pacific region and supplant Washington as the global leader, MAC Minister Chiu Chui-cheng said China is preparing for war to seize Taiwan, Mainland Affairs Council (MAC) Minister Chiu Chui-cheng (邱垂正) said in Washington on Friday, warning that Taiwan’s fall would trigger a regional “domino effect” endangering US security. In a speech titled “Maintaining the Peaceful and Stable Status Quo Across the Taiwan Strait is in Line with the Shared Interests of Taiwan and the United States,” Chiu said Taiwan’s strategic importance is “closely tied” to US interests. Geopolitically, Taiwan sits in a “core position” in the first island chain — an arc stretching from Japan, through Taiwan and the Philippines, to Borneo, which is shared by