A US$3.5 billion loan fund from Taiwan's Official Development Assistance (ODA) program aimed at helping countries covered by the government's New Southbound Policy with infrastructure and major development projects will come from Taiwanese commercial banks rather than from the government coffers, Cabinet spokesman Hsu Kuo-yung (徐國勇) said Monday.
(Full text of the story is now in CNA English news archive. To view the full story, you will need to be a subscribed member of the CNA archive. To subscribe, please read here.)
Latest
- Society
Taiwan's October average temperature hits 27.4°C, highest on record: CWA
11/08/2025 02:57 PM - Business
TSMC to give each employee a NT$25,000 Sports Day bonus
11/08/2025 02:42 PM - Culture
'Taiwan Travelogue' translator, editor awarded prize by ALTA
11/08/2025 02:24 PM - Society
Tropical storm strengthens into typhoon; sunny to cloudy skies Saturday: CWA
11/08/2025 01:36 PM - Politics
Taiwan VP Hsiao Bi-khim makes historic address at 2025 IPAC summit
11/08/2025 01:04 PM