Fewer firms in need of COVID-19 relief: MOEABy Angelica Oung / Staff reporterThe number of manufacturers seeking COVID-19-related government assistance declined sharply in the third quarter thanks to improving exports, Minister of Economic Affairs Wang Mei-Hua (王美花) said yesterday. “We predict that the conference and exhibition industry will continue to be affected by the COVID-19 conditions worldwide,” Wang said. Minister of Economic Affairs Wang Mei-Hua speaks at a meeting of the legislature’s Economics Committee in Taipei yesterday. The ministry has been supporting local businesses affected by the COVID-19 pandemic by subsidizing their wages and operating expenses. Under the terms of the relief package, the ministry would subsidize up to 40 percent of companies’ full-time payroll, with a cap of NT$20,000 per month per employee.

Source: Taipei Times November 18, 2020 15:56 UTC