Tag Archives: Taiwan Life

Life and Business in Taiwan 101

Taiwan banks reluctant to charge ‘account keeping fee’ – The China Post

Most Taiwan banks have no plan to levy a “deposits account keeping fee” from customers who have only a small sum of outstanding deposits in their accounts, although some foreign banks have already taken such a move.Some foreign banks, including Standard Chartered Bank and HSBC (Hong Kong and Shanghai Banking), have started charging a monthly fee from clients… Read More »

July 4th: Taiwan welcomes cross straits direct flights – but what about all the other problems?

While America celebrates the 4th of July, Taiwan is celebrating its own July 4th – the first direct (legal) cross-straits flights since 1949. Ma Ying-Jeou’s new government recently announced the easing of cross-straits relations, and has brought in something of a warming of cross-straits ties after years of stalling by the previous Chen and Lee administrations. While it’s… Read More »