Financial Digest

Taiwan to boost defence spending 10pc in face of China pressure | Malay Mail

  • 📰 malaymail
  • ⏱ Reading Time:
  • 13 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 86%

Finance Finance Headlines News

Finance Finance Latest News,Finance Finance Headlines

TAIPEI, Aug 13 — Taiwan's defence spending next year is set to grow 10.2 per cent compared with this year, according to Reuters calculations, as the government ramps up military investment in the face of increased pressure from China. President Tsai Ing-wen's Cabinet today proposed T$453.4...

A Republic of China Air Force F-16V fighter jet takes off on a highway used as an emergency runway during the Han Kuang military exercisen Changhua, Taiwan May 28, 2019. — Reuters pic

President Tsai Ing-wen's Cabinet today proposed T$453.4 billion in military spending for the year starting in January, versus T$411.3 billion budgeted for this year, the Directorate General of Budget, Accounting and Statistics said in a statement.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 1. in FİNANCE

Finance Finance Latest News, Finance Finance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Oil stocks boost FTSE 100 as China data signals recovery | Malay MailLONDON, Aug 11 ― London-listed shares ended off session highs yesterday as the number of Covid-19 cases in Britain surged, while hopes of more global stimulus and some upbeat data kept alive expectations of an economic rebound. After gaining as much as 1.2 per cent, the commodity-heavy FTSE 100...
Source: malaymail - 🏆 1. / 86 Read more »