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COVID-19: Council plans additional NT$210bn for virus relief

The National Development Council (NDC) yesterday detailed a plan to allocate an additional NT$210 billion (US$7.55 billion) budget to the government’s COVID-19 relief fund in the wake of an escalating community spread of the coronavirus in Taiwan.
Council Minister Kung Ming-hsin (龔明鑫) told a news conference after a weekly Cabinet meeting that the budget is expected to go toward helping the hardest-hit individuals and industries, as well as providing additional loans to people in need.
For instance, a one-time subsidy of NT$10,000 to NT$30,000 is planned for individuals such as farmers, fishers, tour guides, taxi drivers and the self-employed, Kung ....

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AIoT market likely surpassed NT$1.4tn


AIoT market likely surpassed NT$1.4tn
‘GROWING RAPIDLY’:
The government would earmark about NT$95 billion to build digital households and NT$49 to improve 5G infrastructure, Minister Kung Ming-hsin said
By Crystal Hsu / Staff reporter
Taiwan’s artificial intelligence of things (AIoT) market might have exceeded NT$1.47 trillion (US$51.7 billion) last year and is set for fast growth this year and beyond, as 5G and other new technologies take off, National Development Council Minister Kung Ming-hsin (龔明鑫) said yesterday.
“AIoT businesses should have surpassed NT$1.47 trillion last year, growing rapidly after hitting NT$1 trillion in 2018,” Kung told an AIoT forum in Taipei to underscore the government’s support for the industry. ....

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