Taiwan Passes $93 Billion Budget After Record Delay 

Taiwan Passes $93 Billion Budget After Record Delay 

Parliament Preserves Drone Funding as Political Deadlock Ends After 266 Days Taiwan’s opposition controlled parliament has approved the government’s 2026 budget, ending a record 266-day political deadlock over public spending. The budget authorises approximately NT$2.987 trillion, or $93 billion, in total government expenditure. Lawmakers reduced the government’s original proposal by about NT$48 billion. One of […]

Taiwan's Economic Growth Forecast Lowered Due to U.S. Tariffs and Domestic Budget Reductions

Taiwan’s Economic Growth Forecast Lowered Due to U.S. Tariffs and Domestic Budget Reductions

Taiwan’s trade-dependent economy is projected to grow more slowly in 2025 than earlier predicted, facing potential disruptions from tariffs that the United States may impose, along with budget cuts enforced by the parliament. As a crucial part of the global tech supply chain for companies like Apple Inc. and Nvidia, Taiwan is home to the […]