Ministry eyes a September start to third stimulus - News Summed Up

Ministry eyes a September start to third stimulus


The ministry has already asked the Executive Yuan for funding, Wang said. Photo: Huang Pei-chun, Taipei Times“We are waiting right now, but we expect approval within days so that we can start processing the relief,” she said. The stimulus program is to help businesses still down by more than 50 percent year-on-year, she added. When asked about the ministry tightening rules against Chinese business interests, Wang said that in addition to more regulation of Chinese firms investing in Taiwan, the ministry is also clarifying statutes governing information transfer to China. “After our clarification, any skill transfers or licensing agreements that are technical in nature must be approved by the ministry,” Wang said.


Source: Taipei Times August 27, 2020 15:56 UTC



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