Taiwan will keep electricity rates unchanged for now to mitigate inflation from the Middle East conflict. The Economics Ministry made the decision after a price review on Friday. Taiwan Semiconductor Manufacturing Company, a major industrial consumer, is key to the tech sector, which accounts for 25% of the island's power use. Taiwan Power Co. faces financial pressure, with NT$357 billion in losses by January. If the war disrupts energy exports, the government may need to raise power rates, thou

Taiwan will keep electricity rates unchanged for now to mitigate inflation from the Middle East conflict. The Economics Ministry made the decision after a price review on Friday. Taiwan Semiconductor Manufacturing Company, a major industrial consumer, is key to the tech sector, which accounts for 25% of the island's power use. Taiwan Power Co. faces financial pressure, with NT$357 billion in losses by January. If the war disrupts energy exports, the government may need to raise power rates, though it has secured 20 LNG cargoes for June despite price increases.