The Taiwanese government has raised the cap on foreign investment in Chunghwa Telecom to 55 per cent from the previous 49 per cent.

The Taiwanese government has raised the cap on foreign investment in Chunghwa Telecom to 55 per cent from the previous 49 per cent. The ceiling applies to both direct and indirect foreign holdings. As on December 31, 2007, foreign investors had a combined stake of 44.52 per cent in Chunghwa Telecom.