Taiwan headline news: local election lineup set, Taichung coal phase-out, market outlook

Sep 04, 2026

Taiwan's Saturday news is a mix of politics and markets, with a busy local election season ahead and a mostly upbeat tone for stocks.

  • Registration closed for the nine-in-one local elections, with 81 candidates in the race and both main parties, the DPP and KMT, each putting up 19 people for local leader seats.
  • The DPP is going after New Taipei while the KMT is fighting for Kaohsiung, setting up the two big battlegrounds.
  • Taiwan's stock market looks strong, with money coming in from foreign and local big investors and a batch of stocks tipped to pull the wider market up.
  • President Lai wants Taiwan to become an asset management hub for Asia, a push to draw more money into the island.
  • The Taichung power plant is moving off coal, with two coal units set to be torn down first and the site handed back in 2029, part of a plan to go coal-free by 2034.

Outlook: Expect campaigning to dominate the political news for months, while investor money keeps flowing into Taiwanese stocks in the near term.

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