Financial Times – Taiwan to donate 10m masks to Europe and US

Stock markets around the world suffered historic losses in the first three months of the year amid a massive sell-off tied to the coronavirus. The Dow Jones Industrial Average and London’s FTSE 100 saw their biggest quarterly drops since 1987, plunging 23% and 25% respectively. The S&P 500 lost 20% during the quarter, its worst […]

COVID-19 Updates

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Investors wary of new trading system: TWSE

By Kao Shih-ching / Taipei Times Staff reporter Despite the launch of a new continuous trading system yesterday, most local investors remained cautious and placed conventional day-only limit orders, the Taiwan Stock Exchange (TWSE) said. Day-only limit orders made up 96.31 percent of the 13.41 million orders placed on the exchange yesterday, while five new […]

Life insurers face uphill battle this year

DOWNSIDE RISKS: Firms have a ‘very low’ chance of boosting investment returns in the next two years, making it hard for them to improve their capitalization, an analyst said By Chen Cheng-hui / Taipei Times Staff reporter Taiwanese life insurers wanting to improve their capital structure face strong headwinds this year, given prolonged low interest rates […]

Virus Outbreak: Flight transfers via Taiwan banned

CASE COUNT RISES: One of the new domestic cases is a nurse at a long-term care center, but so far tests on all the residents and other staff have been negative By Lee I-chia / Taipei Times Staff reporter Flight transits through all Taiwanese airports would be banned for two weeks, starting tomorrow, the Central Epidemic […]

Automatic 30-day extension for foreigners entering Taiwan on or before March 21 with visa waiver, visitor visa, or landing visa (no application is required) (overstayers excepted)

1. In response to border control measures and flight bans implemented around the world to contain the coronavirus disease 2019 (COVID-19) outbreak, MOFA announces that all travelers who entered Taiwan on or before March 21, 2020, on a visitor visa, a landing visa, or through a visa-waiver program and who have not overstayed their legal stay […]

Economy could beat 2%: DGBAS head

RELIEF FUNDING: The government is preparing NT$100 billion in stimulus measures this year to limit the damage of the coronavirus by shoring up industries most affected By By Crystal Hsu / Taipei Times Staff Reporter Taiwan’s economy could manage to grow more than 2 percent this year even if shocks from the COVID-19 pandemic persist through […]

Poll shows discrimination at work

By Lee Ya-wen and Dennis Xie / Staff reporter, with staff writer 2020/03/08 UNEQUAL PAY: More than 65 percent of women reported a pay gap between men and women, and 31 percent said they are not financially independent. More than half of women surveyed said they have experienced workplace discrimination, such as being pressured to […]

Taiwan ranks top in Asia for gender equality

By Huang Tzu-ti, Taiwan News, Staff Writer 2020/03/05 TAIPEI (Taiwan News) — Taiwan ranks top in Asia for gender equality according to the latest Gender Inequality Index (GII) published by the United Nations Development Program (UNDP). Switzerland comes out first in the rankings with 0.037, trailed by Denmark (0.04) and Sweden (0.04). Taiwan scores 0.053, the […]