Travelers on organized business trips are to receive NT$2,000 (US$63.77) each to remain in Taiwan as tourists after their trips conclude, the Tourism Administration and the Bureau of Foreign Trade announced yesterday.
The giveaway is part of an initiative to encourage people visiting Taiwan for meetings or conferences to stay longer.
NT$10 million has been budgeted for the project, the agencies told a news conference in Taipei.
Photo: CNA
Up to NT$500,000 may be allocated per exposition or conference for travel in the three days before or after the event, the agencies added.
The bureau said that the government had introduced similar projects in the past, but this was the first since the COVID-19 pandemic and the biggest budget ever allocated for such a project.
In previous years, NT$1,200 was allocated per visitor, the bureau said, adding that it hopes the larger amount will attract more interest.
People traveling as individuals would not be eligible for the handout, as the aim is to help the tourism industry, the agencies said.
The budget would cover at least 20 international events if the full NT$500,000 is used each time, with more funding possible depending on the results of the program, they said.
Bureau Deputy Director-General Cynthia Kiang (江文若) also touted her agency’s environmental efforts.
In collaboration with the Ministry of Environment, the bureau has rolled out a corporate carbon footprint evaluation standard for expositions, enabling officials to help 25 enterprises cut their emissions by 148 tonnes, a 70 percent reduction from their previous footprint, she said.
The bureau has also created a carbon emissions calculator for businesses on the Meet Taiwan platform (www.meettaiwan.com) to facilitate self-regulation, she added.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on