News Snapshot:
07/08/2021 5:39 TAIPEI (Reuters) - Taiwan's Cabinet said on Thursday the government plans to offer a further T$150 billion ($5.34 billion) in loans as part of a programme to encourage the island's companies to keep investing at home. Taiwan has been encouraging its firms to invest at home, having seen companies flock back to the island during the China-U.S. trade war, to avoid being affected by punitive tariffs both of those countries have imposed on imports from each other. The Cabinet said in a statement that despite the COVID-19 pandemic, there had been no let up in investment by companies...
