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Lai Urges Passage of Extra Budget for Taipower, CPC

Summary by Taipei Times
President William Lai (賴清德) yesterday called for support across party lines for a supplementary budget to subsidize state-run Taiwan Power Co (Taipower, 台電) and CPC Corp, Taiwan (台灣中油), which have been absorbing rising energy costs amid geopolitical tensions.Speaking at the opening ceremony of the K

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Facing pressure from rising international prices, President Lai Ching-te stated on November 1st that the government has allocated NT$60 billion to the National Health Insurance program next year, hoping to utilize tax revenue generated by economic growth to ensure that health insurance premiums are "not increased if possible." The same policy direction will be adopted for oil and electricity prices, with subsidies to CPC Corporation and Taipower…

·New York, United States
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大纪元 Epoch Times broke the news in New York, United States on Sunday, November 1, 2026.
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