Nt Lo

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Government announces NT$500 youth sports vouchers

Taipei Times 23 Mar 2023

Premier Chen Chien-jen (陳建仁) has said that similar vouchers, distributed twice during the COVID-19 pandemic, brought about NT$5.7 billion in benefits and NT$3.3 billion in spillover effects, Executive Yuan spokesman Lo Ping-cheng (羅秉承) said ... The government’s NT$30 billion rental ...

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Online O-Bank expecting double-digit record growth

Taipei Times 13 Mar 2023

The figures showed earnings per share rising 18.75 percent year-on-year to NT$0.19, indicating that the bank “stayed on the right track” and grew more profitable three years after new leadership, said O-Bank chairwoman Tina Lo (駱怡君), who assumed her position in 2020.

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Operators protest ‘ever-changing’ drone regulations

Taipei Times 01 Mar 2023

Kaohsiung UAV Technician Union member Lo Jui-hao (羅睿豪) said that operators were willing to comply with government policies, but that the ever-increasing rules were unbearable ... Lo said he spent more than NT$1 million (US$32,693) over two-and-a-half years to obtain certification for his drone, which weighs more than 25kg and is used in agriculture.

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Eligible foreigners to be paid NT$6,000 tax rebate

Taipei Times 12 Jan 2023

Asked when the payments could be expected, Lo said the legislature must first deliberate and pass the Cabinet’s plan for spending NT$380 billion in surplus taxes collected last year. Executive Yuan spokesman Lo Ping-cheng, right, speaks at a news conference in Taipei yesterday.

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Bail ruling in high-profile China spy case criticized

Taipei Times 06 Jan 2023

Former legislator Lo Chih-ming, right, and retired navy major general Hsia Fu-hsiang walk past reporters at the Kaohsiung District Court on Thursday ... to NT$200,000 ... Late on Thursday, the Kaohsiung District Court set bail for Lo and Hsia at NT$200,000 and NT$150,000 respectively.

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Taiwan News Quick Take

Taipei Times 06 Jan 2023

20, Executive Yuan spokesman Lo Ping-cheng (羅秉成) told a news conference in Taipei after a weekly Cabinet meeting. Su told the meeting that he had authorized NT$4.5 billion for the program and expected the funds to be disbursed to local governments yesterday, Lo said ... year, Lo said.

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Cash prize rewards Formosan black bear sighting

Taipei Times 31 Dec 2022

Anyone who reports sighting a Formosan black bear without harming it receives a reward of NT$3,000, said Lo Yu-chuan (羅尤娟), head of the bureau’s conservation department ... Manama was given an additional NT$5,000 for allowing the government to set up cameras around his property in Jhuosi Township (卓溪) to monitor the activities of the bear, Lo said.

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Opposition parties back year-long conscription

Taipei Times 27 Dec 2022

DPP caucus convener Lo Chi-cheng (羅致政) said that the new policy is not a simple extension of mandatory military service, but rather a move to introduce sweeping changes. Annual government expenditure is expected to rise by NT$16 billion with the new policy, which should not pose a significant difficulty for the government, Lo said.

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Electric scooter subsidies extended by four years

Taipei Times 16 Dec 2022

The NT$5.885 billion (US$191.6 million) extended subsidy program, proposed by the Ministry of Economic Affairs, was approved last month as part of the government’s efforts to achieve net zero emissions by 2050, Executive Yuan spokesman Lo Ping-cheng (羅秉成) told a news conference after a weekly Cabinet meeting.

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Taiwan Business Quick Take

Taipei Times 07 Nov 2022

Foreign investors last week sold a net NT$18.39 billion (US$573.2 million) of local shares after selling a net NT$10.39 billion a week earlier, the Taiwan Stock Exchange said in a statement yesterday ... The NT$95 billion program, which runs from this year through 2026, would receive funding from government agencies, Lo said.

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Ko to meet with firebrand Miaoli County speaker

Taipei Times 19 Oct 2022

“Voters should see Chung not as a self-declared ‘common man,’ but as a ‘local emperor’ for owning 159 properties and having personal wealth of NT$300 million,” DPP Legislator Lo Chih-cheng (羅致政) told a news conference at the legislature in Taipei ... Planning Act (都市計畫法),” Lo said.

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Basic tax allowance hike to help 2.3m households

Taipei Times 08 Sep 2022

The basic living expense tax deduction is to be raised by NT$4,000 to NT$196,000, benefiting an estimated 2.3 million households, the Executive Yuan said yesterday ... Last year saw the biggest increase in the nation’s history, when it was increased by NT$10,000 to NT$192,000.

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Mahjong legal to play, new party is ‘over-reaction’: Lo

Taipei Times 08 Sep 2022

Executive Yuan Spokesman Lo Ping-cheng (羅秉成) said that Taiwanese laws do not forbid the playing of mahjong, only gambling in public ... “A person who gambles in a public place or a place open to the public shall be sentenced to a fine of not more than NT$50,000 ... Lo said that one must gamble to be considered in contravention of the above two acts.

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Defense missiles to get US overhaul

Taipei Times 12 Aug 2022

Next year’s defense budget would be NT$15.4bn higher than this year’s, while the long-term plan to service Patriot systems would cost NT$2.52bn, sources said. By Lo Tien-pin and Jonathan Chin / Staff reporter, with staff writer ... Next year’s defense budget would be NT$15.4 billion ...

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Funding for school lunches hiked to boost grouper sales

Taipei Times 21 Jul 2022

A ministry proposal to hike its school lunch funding by NT$600 million (US$20.07 million) was ... The Directorate-General of Budget, Accounting and Statistics has already allocated the additional NT$600 million approved by the Cabinet for the increased cost of school lunches, Lo said.