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Quanta chairman optimistic post-Trump inauguration
Quanta Chairman Barry Lam expresses optimism about economic growth post-Trump inauguration, highlighting AI advancements. Quanta sees record profits and plans expansion.
2024/11/15 13:55
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Pegatron chair warns of rising U.S.-China tensions
Chairman Tung Tzu-hsien of Pegatron discusses U.S.-China tensions and export controls on AI chips. He stresses global cooperation’s role in economic growth.
2024/11/12 13:32
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Taiwan-U.S. ties stable, CNFI chairman assures businesses
The CNFI chairman reassures Taiwan’s businesses of stable U.S. relations and no water or electricity shortages. Government backs growth and green energy plans.
2024/11/11 15:33
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Sampo opens new plant in Tainan, creating 400 jobs
Sampo Corp. opens a new plant in Tainan, creating 400 jobs and boosting tech growth. Mayor Huang Wei-che highlights the city’s readiness for future expansions.
2024/11/11 14:37
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NDC deputy highlights global economic fragmentation fears
Taiwan’s NDC warns U.S. trade policy shifts post-election may heighten protection risks, fragment global economy. Taiwan seeks CPTPP membership amid challenges.
2024/11/07 17:21
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Low birth rates challenge Taiwan’s future
Taiwan’s birth rate continues to decline, even in the Year of the Dragon, with fewer than 100,000 births recorded in 2024. Experts highlight the need for long-term solutions to address cultural and economic challenges.
2024/11/06 15:49
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Taiwan’s retirement wave to persist until 2026, MOI says
Taiwan faces a retirement wave until 2026, with over 20% of its population expected to be elderly by 2025. Learn about the demographic shifts and policy challenges.
2024/11/05 09:54
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Taiwan’s economy thrives on AI, faces energy challenges
Taiwan’s industrial sector sees growth in September, driven by AI demand, despite challenges in manufacturing and services. Learn about the economic shifts.
2024/10/29 15:49
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Vance highlights Taiwan’s semiconductor leadership
J.D. Vance, U.S. Republican vice presidential candidate, stresses Taiwan’s importance in semiconductor production, questioning Ukraine’s strategic value to the U.S.
2024/10/29 10:01
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Taichung councilors oppose 15% industrial electricity hike
Taichung City councilors criticize a 15% industrial electricity rate hike, warning it burdens small businesses and citizens. The Ministry of Economic Affairs’ decision sparks local concern.
2024/10/28 13:59
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Taiwan wages rise, outpacing inflation in 2024
Taiwan’s DGBAS reports a rise in real regular and total wages in 2024, outpacing inflation. Finance and insurance sectors lead with significant growth.
2024/10/14 17:44
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TSMC to start building P3 plant in Kaohsiung this month
TSMC will start building its P3 plant in Kaohsiung this month, says Mayor Chen Chi-mai. The expansion aligns with TSMC’s strategy to meet global semiconductor demand.
2024/10/08 16:54
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Taiwan to ensure electricity for AI growth by 2030
Premier Cho Jung-tai assures Taiwan will have sufficient electricity for AI development by 2030, with a NT$36 billion investment from 2025 to 2029. Shalun in Tainan will lead as the AI hub.
2024/10/01 14:14
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Penghu magistrate praises Filipino workers’ contributions
Penghu County magistrate praises over 200 Filipino migrant workers for their contributions. The county ensures their rights and safety, highlighting shared island challenges and disaster response measures.
2024/09/26 11:26
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Taiwan’s August electricity demand hits two-year high
Taiwan’s Electric Prosperity Index for August shows a rise in economic activity, driven by AI and high-performance computing. Industrial electricity demand hit a two-year high.
2024/09/25 22:00
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Experts express concerns over rising fiscal spending, debt
Taiwan’s 2025 budget breaks records, with over NT$3 trillion in both revenue and expenditure. Experts express concerns about rising debt levels, warning of potential instability as government spending growth outpaces economic performance.
2024/09/18 16:23
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Etron chairman: Semiconductor growth to dip in late 2024
Discover insights from Etron’s chairman, Nicky Lu, on the semiconductor industry’s growth slowdown in H2 due to economic shifts and global challenges, and why AI could fuel future demand.
2024/09/05 11:01
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Business leader warns of job cuts, inflation after wage hike
Explore the implications of Taiwan’s minimum wage increase as ROCCOC Chairman Paul Hsu warns of potential staff cuts and inflation, urging government action to support businesses and curb economic challenges.
2024/09/04 16:17
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Taiwan’s labor ministry to review minimum wage on Wednesday
Discover the details of Taiwan’s first minimum wage review meeting set for Wednesday, with a potential 4% increase discussed, aiming for the ninth consecutive year of wage hikes.
2024/09/02 15:59
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Expo in Tainan generates NT$12 billion, up 8% from last year
Discover the success of the 2024 Creative Expo Taiwan in Tainan, which attracted a record 620,000 visitors and showcased the growth of Taiwan’s cultural and creative industries.
2024/09/02 11:51
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Taiwan’s mortgage balances hit NT$10.6T, up 93.77% from 2023
Discover how Taiwan’s domestic banks’ mortgage balances surged to NT$10.6 trillion by July’s end, marking a significant growth in the housing and construction loan sector. Learn about the factors driving this increase and the regulatory caps in place.
2024/08/28 17:55
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Premier Cho unveils NT$10.5B boost for SMEs’ digital shift
Discover how Taiwan is boosting its SMEs with a NT$10.5 billion digital transformation budget, announced by Premier Cho Jung-tai at "Intelligent Asia 2024." Learn about the nation’s focus on robotics, economic growth through AI, and plans to become Asia’s asset management center.
2024/08/21 13:07
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Kaohsiung, AMD discuss plans for advanced AI tech investment
Discover how Kaohsiung is vying to become the home of AMD’s first Asian R&D center, promising a supportive environment and highlighting the city’s strategic initiatives to attract high-level international talent.
2024/08/21 11:49
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Taiwan sees record high incomes in 2023, survey shows
Discover the latest findings from Taiwan’s DGBAS 2023 Survey on Family Income and Expenditure, showing record high average incomes and the impact of economic growth and government policies on earnings.
2024/08/19 20:00
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Taiwanese workers eye jobs abroad amid slow wage increases
Discover why Taiwan’s average wage growth trails its GDP growth, leaving workers economically strained despite surpassing Japan and South Korea in GDP. Insights from experts and the IMF reveal the challenges and comparisons.
2024/08/19 17:45