TAIWAN: Bureau Raises Branded Goods Subsidy
Taiwan's Industrial Development Bureau has said it will raise the ceiling subsidy for its country's development of branded goods to 50 per cent of the budget asked for by applicants from the current 40 per cent.
The decision, which will come into effect in October, is aimed at boosting the presence of Taiwanese producers' own brand goods on the global market.
Industries to benefit from the subsidy include textiles, machinery, and information technology services.
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