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Matt Pottinger presents new book to Taiwan’s president
Explore the strategic discussions between former U.S. Deputy National Security Advisor Matt Pottinger and Taiwan’s President Lai Ching-te on deepening U.S.-Taiwan economic and trade relations and defending Taiwan’s sovereignty.
2024/06/14 14:35
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J.W. Kuo: Taiwan’s electricity sufficient for AI industry
Discover how Taiwan’s Economic Affairs Minister J.W. Kuo assures sufficient power supply for the AI industry’s growth, addressing global concerns and outlining strategic initiatives for development.
2024/06/12 10:13
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AmCham Taiwan calls for stable electricity pricing
Discover the American Chamber of Commerce in Taiwan’s 2024 White Paper urging for stable and transparent electricity pricing to support business growth. Learn about the government’s stance on subsidies and the impact on Taiwan’s energy sector.
2024/06/06 16:17
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Barry Lam tops Forbes Taiwan’s richest list with US$11.7B
Discover how Barry Lam became Taiwan’s wealthiest individual with a net worth of $11.7 billion, according to Forbes Taiwan’s Richest 2024 list. Learn about Taiwan’s economic growth and the tech industry’s role in shaping wealth.
2024/05/31 14:50
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Taiwan’s new Premier outlines foreign policy goals
Discover how Taiwan’s new Premier Cho Jung-tai aims to foster democracy, peace, and prosperity with a comprehensive foreign policy system. Learn about his plans for national defense, economic innovation, and environmental goals.
2024/05/29 16:06
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Premier Cho Jung-tai takes helm, focuses on Taiwan’s economy
Discover how Taiwan’s new Premier Cho Jung-tai is tackling economic challenges with a focus on innovation and U.S. support on his first day in office. Read about the strategic meeting that sets the tone for future growth.
2024/05/23 10:17
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Taiwan’s average house loan hits record NT$9.7M in Q4 2023
Discover the latest on Taiwan’s housing market: The average mortgage loan for home purchases hit a record NT$9.705 million in Q4 2023, reflecting the ongoing challenge of high housing prices despite government efforts. Learn more about the impact and responses.
2024/05/21 15:49
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Premier Chen chairs last Cabinet meeting before resignation
Premier Chen Chien-jen chaired his final Cabinet meeting, endorsing the resignation and reviewing the achievements under President Tsai Ing-wen’s leadership. The Action Innovation AI Cabinet is set to launch, aligning with new economic highs.
2024/05/16 15:13
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Kaohsiung mayor calls for cross-strait stability for Taiwan
Discover how Kaohsiung Mayor Chen Chi-mai advocates for cross-strait stability and economic growth under the new administration, amidst contrasting views on Taiwan’s progress and challenges.
2024/05/15 17:05
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Political tensions and natural disasters impact tourism
Chu Chien-meng of the Development Association for Taiwan Tour Guide shares a bleak outlook for Taiwan’s tourism in 2023 due to unresolved political tensions with China and a new ban on group tours. The industry also faces challenges from recent natural disasters and legal issues, despite calls for more open policies to boost tourism and economic growth.
2024/05/07 14:38
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President Tsai promises support for Taiwan’s industry growth
President Tsai Ing-wen commits to supporting Taiwan’s industry development, highlighting the country’s export success and plans for post-pandemic recovery. Tsai vows to deepen global economic ties, recognizing the National Importers & Exporters Chamber of Commerce’s role in driving economic growth amidst challenges. Taiwan aims to enhance international competitiveness through agreements with the U.S., U.K., Canada, and others, promoting a prosperous future for Taiwanese industries.
2024/05/06 17:18
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Taiwan’s president-elect vows to boost worker rights
Discover how Taiwan’s President-elect Lai Ching-te pledges to enhance labor rights, promote economic growth, and improve work-life balance for families, starting with a flexible parental leave trial in June.
2024/05/01 14:55
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Premier vows to tackle wealth gap amid economic growth
Explore how Premier Chen Chien-jen addresses Taiwan’s wealth gap, highlighting the disparity between the top and bottom income groups and the government’s commitment to narrowing this gap through economic and social welfare measures.
2024/04/30 15:33
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Vice President Lai visits China Steel, eyes net-zero goal
Explore Vice President Lai Ching-te’s visit to China Steel Corporation in Kaohsiung, where he delved into the company’s efforts toward net-zero carbon emissions, highlighting its role in Taiwan’s economic growth and sustainable development.
2024/04/26 22:13
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Taiwan’s economy to grow by 3.29% amid inflation concerns
Explore the latest economic forecasts for Taiwan as the Taiwan Institute of Economic Research projects a GDP growth of 3.29% and a CPI increase to 2.13%. Amidst stable domestic demand and expanding exports, concerns over rising costs and geopolitical tensions loom. With cautious business investments and the global economic climate’s uncertainties, Taiwan navigates through challenges towards growth.
2024/04/26 16:27
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Taiwan’s Central Bank updates inflation forecasts for 2024
Taiwan’s Consumer Price Index indicates a continued slowdown in inflation with a slight rise in March. The Central Bank revises its inflation forecasts as electricity and living costs surge. The public’s economic outlook remains cautiously optimistic.
2024/04/26 13:24
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Taiwan’s economic surge amid digital revolution
Explore Taiwan’s optimistic economic future through the eyes of NDC Minister Kung Ming-hsin, highlighting the nation’s digital transformation, resilience against natural disasters, and robust foreign investment growth amidst geopolitical challenges.
2024/04/24 18:03
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Investments in SE Asia soar as market potential grows
Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.
2024/04/19 16:55
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Experts call for monetary policy twist to boost investment
Explore how Taiwan’s excess savings rate, projected to reach 15.46% in 2024, indicates economic resilience yet poses challenges for growth. Learn about the government’s strategies to stimulate investment and spending.
2024/04/15 16:45
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Taiwan announces 665 job openings in state-owned enterprises
Taiwan’s Ministry of Economic Affairs announces recruitment for 665 positions across Taiwan Power Company, CPC Corporation, Taiwan Sugar Corporation, and Taiwan Water Corporation, with starting salaries of NT$41,000 to NT$42,000. Examination details for roles in 23 categories, including electrical engineering and business management, to be released online, offering a path to salary growth for top performers.
2024/04/12 11:02
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NSF launches program to support Taiwan’s tech industry
The U.S. National Science Foundation (NSF) has launched a groundbreaking program in Taiwan to support the country’s semiconductor and AI industries, marking the first time the NSF has sponsored seminars abroad to discover and fund deep tech companies. The initiative aims to strengthen Taiwan’s role in global technology supply chains and drive economic growth for both countries.
2024/04/09 18:12
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Lai Ching-te to boost economy with industry exchanges
President-elect Lai Ching-te plans to boost Taiwan’s industrial development by engaging with key industries like machine tools and machinery. He aims to collaborate with the Ministry of Economic Affairs to promote economic growth post-inauguration. Lai has already visited various industries and emphasized the importance of the machinery sector in Taiwan’s economy.
2024/04/02 17:07
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Optimism in Asian manufacturing despite varied growth rates
The Purchasing Managers’ Index (PMI) for Asian manufacturing in March shows varying recovery rates across the region, with Taiwan’s manufacturing sector on the rise and confidence among Taiwanese businesses reaching a nearly three-year high. Japan also saw improvement, while South Korea and Vietnam experienced contractions. Paul Smith from S&P Global Market Intelligence notes signs of price and supply stabilization supporting a more optimistic outlook for the Asian manufacturing sector.
2024/04/01 18:23
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Electricity price hike to drive up costs: business heads
Discover how Fubon Financial Holding Chair Daniel Tsai predicts a rise in commodity prices following an electricity price increase in Taiwan. Gain insights from industry leaders like Tung Tzu-hsien of Pegatron Corp on the impact of electricity costs on manufacturing and services sectors, and the necessity of reducing government subsidies. Stay informed on economic growth projections and the interplay between electricity prices and overall market dynamics.
2024/03/28 17:59
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Taiwan’s economy glows green for stability in February: NDC
Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.
2024/03/28 17:54