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Flight routes unaffected by Ukraine war: minister - Vimarsana News

Flight routes unaffected by Ukraine war: minister

Flights to Europe are continuing as usual, despite Russia listing Taiwan as an “unfriendly” nation, Minister of Transportation and Communications Wang Kwo-tsai (王國材) yesterday told reporters on the sidelines of a meeting of the legislature’s Transportation Committee. “Some international carriers might have to adjust routes due to Russia’s war in Ukraine,” Wang said, adding that flights to European hubs such as Frankfurt, Germany, and Vienna are operating as usual. Neither China Airlines nor EVA Airways fly over Russia or Ukraine, Civil Aeronautics Administration officials s...

Bus firms to receive subsidies as gasoline prices soar - Vimarsana News

Bus firms to receive subsidies as gasoline prices soar

Bus companies are to receive subsidies to prevent fare hikes, as global gasoline prices soar amid the war in Ukraine, Minister of Transportation and Communications Wang Kwo-tsai (王國材) said at the legislature in Taipei yesterday. Wang made the remarks in response to a question by Chinese Nationalist Party (KMT) Legislator Hung Meng-kai (洪孟楷) about government measures to alleviate the impact of rising energy prices on the economy. While bus fares have not yet risen, the increase in costs at the pump could drive up expenses for many Taiwanese who rely on commercial buses for travel, H...

《TAIPEI TIMES》 Bus firms to receive subsidies as gasoline prices soar - 焦點 - Vimarsana News

《TAIPEI TIMES》 Bus firms to receive subsidies as gasoline prices soar - 焦點

By Jonathan Chin / Staff reporter, with staff writerBus companies are to receive subsidies to prevent fare hikes, as global gasoline prices soar amid the war in Ukraine, Minister of Transportation and Communications Wang Kwo-tsai (王國材) said at the legislature in Taipei yesterday.

Source: ltn.com.tw
Cabinet approves draft bill to make TRA a state-run corporation - Vimarsana News

Cabinet approves draft bill to make TRA a state-run corporation

Taipei, March 3 (CNA) The Cabinet on Thursday approved a draft bill that seeks to convert Taiwan Railways Administration (TRA) into a state-run corporation, as part of the government's wider efforts to reform the debt-ridden, antiquated agency.

Cabinet approves TRA's transition to corporation - Vimarsana News

Cabinet approves TRA's transition to corporation

The Executive Yuan yesterday passed a draft regulation that would, if ratified by the Legislative Yuan, transform the Taiwan Railways Administration (TRA) into the state-owned Taiwan Railways Corp. The government would be required to subsidize the company if it suffered losses while complying with government policy, according to the draft. The railway agency has an outstanding debt of NT$420.8 billion (US$15 billion) divided into four categories, which would each be handled differently. Short-term debts of NT$148.4 billion would be processed by a special fund established by the Ministry of Tra...