Taiwan Promulgates NT$780B Defense Special Bill; Industry Concerned Over Budget Cuts
📋 Article Processing Timeline
- 📰 Published: May 12, 2026 at 08:55
- 🔍 Collected: May 12, 2026 at 09:01 (6 min after Published)
- 🤖 AI Analyzed: May 16, 2026 at 02:44 (89h 42m after Collected)
The Presidential Office promulgated the defense special regulation with a budget ceiling of NT$780 billion. However, as the approved version excludes key projects like drone development, defense industry confidence has been shaken. Meanwhile, preparations for the upcoming Trump-Xi meeting are underway, and Taiwan is seeing a record 1.45% increase in real regular wages due to the AI boom. Domestic issues such as nurse-to-patient ratio reforms and potential water price adjustments for heavy users also highlighted.