MOF Reports NT$2 trillion in Tax Revenue for First Eight Months The Ministry of Finance (MOF) on September 9 reported that net tax revenue for August totaled NT$132.4 billion (US$4.8 billion), 3.8% greater than the same month last year. Net tax revenue for the first eight months of 2021 was NT$1.9 trillion (US$68.7 billion), an…

Formosa Workers Protest Shutdown Employees of the Formosa Chemicals and Fiber Corp. (FCFC) staged several demonstrations during October, some of which became violent, to protest potential job losses due to the closure of the company’s plant in Changhua over environmental issues. Changhua County’s Bureau of Environmental Protection denied the extension of operating permits for the…

Chairman Shih Jun-ji, Taiwan Stock Exchange Corporation

Taiwan Ranks in Fourth Place in Corporate Governance in Asia Thanks to a vigorous push by the Taiwan Stock Exchange (TWSE), Taiwanese listed companies have made substantial progress in corporate governance in recent years, greatly boosting investors’ confidence and interest in the market. Currently, for example, over half of listed companies have embraced e-voting, a…