Starting today, the post office will no longer accept savings from private corporations, Taiwan Post Co said yesterday.
The company’s savings and remittance director Chou Ruei-yun (鄒瑞雲) said yesterday that Article 1 of the Postal Savings and Remittance Act (郵政儲金匯兌法) clearly indicates that postal savings accounts were created to encourage personal savings.
‘INAPPROPRIATE’
“It then becomes inappropriate for the post office to allow private corporations to save in postal savings accounts, because by law corporations are defined as business juridical persons and are not considered individuals,” she said.
Meanwhile, corporations that already have post office savings accounts are asked to withdraw the money and close their accounts as soon as possible.
Taiwan Post reiterated its policy after a story published by the Chinese-language United Daily News yesterday, saying that it would no longer accept savings from corporations for fear of violating the Postal Savings and Remittance Act.
The post office has approximately NT$460 billion (US$13 billion) in its postal savings accounts, making it the largest savings institution in the nation.
FIXED RATES
While many banks have lowered their one-month fixed rates to 0.1 percent, or even lower, a postal savings account offers a one-month fixed interest rate of 0.29 percent.
By law, the post office cannot give loans to individuals or corporations, and about half of the funds in its postal savings accounts must be saved at the Central Bank.
An undersea cable to Penghu County has been severed, the Ministry of Digital Affairs said today, with a Chinese-funded ship suspected of being responsible. It comes just a month after a Chinese ship was suspected of severing an undersea cable north of Keelung Harbor. The National Communications and Cyber Security Center received a report at 3:03am today from Chunghwa Telecom that the No. 3 cable from Taiwan to Penghu was severed 14.7km off the coast of Tainan, the Ministry of Digital Affairs said. The Coast Guard Administration (CGA) upon receiving a report from Chunghwa Telecom began to monitor the Togolese-flagged Hong Tai (宏泰)
Actor Lee Wei (李威) was released on bail on Monday after being named as a suspect in the death of a woman whose body was found in the meeting place of a Buddhist group in Taipei’s Daan District (大安) last year, prosecutors said. Lee, 44, was released on NT$300,000 (US$9,148) bail, while his wife, surnamed Chien (簡), was released on NT$150,000 bail after both were summoned to give statements regarding the woman’s death. The home of Lee, who has retreated from the entertainment business in the past few years, was also searched by prosecutors and police earlier on Monday. Lee was questioned three
RISING TOURISM: A survey showed that tourist visits increased by 35 percent last year, while newly created attractions contributed almost half of the growth Changhua County’s Lukang Old Street (鹿港老街) and its surrounding historical area clinched first place among Taiwan’s most successful tourist attractions last year, while no location in eastern Taiwan achieved a spot in the top 20 list, the Tourism Administration said. The listing was created by the Tourism Administration’s Forward-looking Tourism Policy Research office. Last year, the Lukang Old Street and its surrounding area had 17.3 million visitors, more than the 16 million visitors for the Wenhua Road Night Market (文化路夜市) in Chiayi City and 14.5 million visitors at Tainan’s Anping (安平) historical area, it said. The Taipei 101 skyscraper and its environs —
Taiwan on Friday said a New Zealand hamburger restaurant has apologized for a racist remark to a Taiwanese customer after reports that it had first apologized to China sparked outrage in Taiwan. An image posted on Threads by a Taiwanese who ate at Fergburger in Queenstown showed that their receipt dated Sunday last week included the words “Ching Chang,” a racial slur. The Chinese Consulate-General in Christchurch in a statement on Thursday said it had received and accepted an apology from the restaurant over the incident. The comment triggered an online furor among Taiwanese who saw it as an insult to the
RSS