u/proudlandleech

▲ 6 r/taiwan

Opposition parties unveil rival drone procurement bills - Focus Taiwan

"The legislative caucuses of Taiwan's opposition parties on Tuesday unveiled drone procurement bills that would use the general budget to fund the purchase of locally made drones rather than a special budget, as proposed by the Cabinet...

"The KMT caucus backed funding the bill using the central government's general budget because it believes doing so would "normalize" the procurement process and reduce the risk of corruption, KMT caucus secretary-general Lin Pei-hsiang (林沛祥) told a news conference Tuesday...

"TPP caucus convener Chen Ching-lung (陳清龍) said his caucus' proposal would also fund drone procurement through the general budget because it values "fiscal discipline" and does not want special budgets to become the norm."

focustaiwan.tw
u/proudlandleech — 2 months ago
▲ 1 r/taiwan

A.I. Riches Fuel Economic Divide in Asia’s Chip Powerhouses

"The chip frenzy has helped propel Taiwan to some of the fastest growth rates in the world. The economy expanded nearly 13 percent in the fourth quarter of 2025 and almost 15 percent in the first three months of this year.

"But that has not translated into broader wage gains, said Dachrahn Wu, executive director of an economic research center at National Central University in Taoyuan. Most Taiwanese workers are employed outside the tech sector and earn less than $1,500 a month, Mr. Wu said. The small group of high earners can save and invest. Most cannot."

nytimes.com
u/proudlandleech — 2 months ago
▲ 125 r/taiwan

Taiwan to transform capital market into Asian Nasdaq: President

"Currently, Taiwan is the fifth largest stock market in terms of market value in the world, sitting on massive liquidity, Lai said, and its sound AI supply chain is expected to make it more likely than South Korea, Japan, Singapore, China and Hong Kong to become an Asian Nasdaq and serve as a hub for foreign startups to seek funds."

focustaiwan.tw
u/proudlandleech — 2 months ago
▲ 46 r/taiwan

"The journey pushed the limits of the A340's operational range, with no stopovers for refueling, and drew significant global attention, with more than 3,000 users tracking the flight online at one point.

"Su Tzu-yun (蘇紫雲), a research fellow at the government-funded Institute for National Defense and Security Research, said the mission combined logistical expertise, the use of an allied nation's aircraft and an "arrive then announce" (ATA) approach to complete what he described as a diplomatic breakthrough."

u/proudlandleech — 4 months ago