Published Aug 17, 2026, 3:40 AM ET · Updated 3 months ago · 1 source

Taiwan’s Lai Plans New Cash Handouts as AI Fuels Growth, Cost-of-Living Debate

bloomberg
bloomberg
·
Original Report

Taiwan President Lai Ching-te announced plans to distribute NT$10,000 ($314) in cash to eligible residents next year, citing the economy’s blistering pace of growth thanks to booming global demand for artificial intelligence.