Reported about 1 year ago
President Lai Ching-te held a press conference marking the one-month anniversary of his inauguration, where he announced the formation of 3 major committees focusing on climate change, national defense, and healthcare. As Lai made significant policy announcements, the Taiwan stock market surged to a new high, with TSMC leading the rally. The creation of these committees symbolizes unity within the government and aims to engage various sectors of society to advance the country. Inspired by similar practices in the US and Japan, the establishment of these committees highlights Taiwan's strategic position in global affairs. Additionally, Taiwan was recently ranked as the most competitive economy among others with a population over 20 million, indicating the country's continued leadership in the global arena.
Source: YAHOO