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Taiwan nuclear plant restart possible in 2028, official says
Taiwan’s third nuclear plant may restart in 2028, but uncertainties remain. NSC Chair Chen Ming-chen highlights variables like Taipower’s readiness and report completeness.
2025/12/11 16:17
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Taiwan’s 2025 growth hits record high since 2008 crisis
Taiwan’s 2025 economic growth is revised to 7.37%, the highest since 2008, driven by AI demand. Exports surged, boosting chip and server demand. 2026 growth is projected at 3.54% amid tariff uncertainties.
2025/11/28 18:40
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Taiwan passes NT$550 billion economic resilience package
Taiwan’s lawmakers approved a NT$547.1 billion budget to boost economic resilience amid global uncertainties. Key allocations include cash distribution and industry support.
2025/10/17 15:00
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Taiwan Central Bank keeps interest rates unchanged
The Central Bank of Taiwan keeps interest rates steady amid global uncertainties, focusing on inflation control and real estate loan concentration. Economic growth is projected to be modest next year.
2025/09/19 10:47
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AI demand drives Taiwan export orders to historic June high
Taiwan’s export orders hit $56.77 billion in June, driven by AI demand, marking a 24.6% year-on-year increase. The Ministry of Economic Affairs forecasts continued growth despite global uncertainties.
2025/07/23 10:37
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Trade uncertainties drag Taiwan growth below 3%
Academia Sinica cuts Taiwan’s 2025 economic growth forecast to 2.93%, missing the 3% target due to exchange rate pressures and tariff uncertainties. The revision reflects concerns over New Taiwan dollar appreciation and trade tensions.
2025/07/04 13:39
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Taiwan central bank freezes rates for fifth consecutive time
Taiwan’s central bank freezes interest rates for the fifth time, keeping the discount rate at 2%. Inflation is expected to drop below 2% amid global uncertainties.
2025/06/20 08:00
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TSMC head rejects sweatshop claims, defends company culture
TSMC chairman C.C. Wei refutes sweatshop claims, emphasizing employee well-being and recruitment. He highlights TSMC’s culture of innovation and commitment amid economic uncertainties.
2025/06/03 16:41
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TSMC shares recover after falling below NT$800 mark
Shares of TSMC (台積電), Taiwan’s semiconductor manufacturing giant, opened at NT$797 (US$24.15) on Tuesday, April 8, dropping NT$51 (US$1.55) and falling below the NT$800 threshold. However, investors quickly capitalized on the lower prices, driving the stock up to NT$843 (US$25.55), approaching the previous closing price of NT$848 (US$25.70).
2025/04/08 10:26
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Taiwan’s 2024 growth forecast revised to 4.23%
Academia Sinica revises Taiwan’s 2024 growth forecast to 4.23% and predicts 3.1% for 2025. AI and tech drive export growth, but global uncertainties loom.
2024/12/23 14:02
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Taiwan’s Central Bank holds rates steady for third quarter
Taiwan’s central bank keeps interest rates steady for the third quarter, focusing on housing market stability amid global economic uncertainties.
2024/12/19 17:21
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Taiwan stocks open lower amid global economic concerns
Taiwan’s stock market opened lower on Dec. 10 amid global economic uncertainties. Key players like TSMC and Nvidia saw declines. Investors await CPI and PPI reports.
2024/12/10 11:09
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Taiwan’s economy shows mixed signals in October report
Taiwan’s October economic indicator stays at yellow-red, signaling caution amid global trade uncertainties. Strong investment in semiconductors boosts growth.
2024/11/27 21:00
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CNAIC chairman highlights Taiwan’s economic resilience
CNAIC Chairman Wu Tung-liang highlights Taiwan’s economic resilience amid global uncertainties, driven by AI demand and strategic government initiatives.
2024/11/26 09:56
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AI drives Taiwan’s economic growth, says minister
Taiwan’s economy is set to grow over 4% in 2024, driven by AI, says Minister Liu Chin-ching. U.S. trade policies may boost growth, but uncertainties remain.
2024/11/21 14:38
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Taiwan’s real economic growth rate forecast raised to 3.88%
Discover the latest insights from Academia Sinica’s 2024 Taiwan Economic Forecast, highlighting a 6.56% GDP growth driven by global trade and tech demand. Learn about consumer trends, investment shifts, and future projections amidst uncertainties.
2024/07/31 18:10
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Formosa Plastics Group raises employee salaries by 3%
Formosa Plastics Group is navigating economic challenges with a 3% salary increase for employees, despite a significant drop in revenue and profit in 2023. Learn about their strategic focus on AI transformation and innovation.
2024/07/17 15:20
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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 inflation rate projected to drop to 2%
Central Bank Governor Yang Chin-long predicts Taiwan’s inflation rate to drop to around 2% in 2024 due to expected international oil price decreases and modest service price increases. The Central Bank’s upcoming board meeting is anticipated to maintain the re-discount rate at 1.875%. Yang cites declining inflation rates and negative output gaps as key factors influencing the decision. Geopolitical conflicts and weather conditions pose uncertainties to Taiwan’s inflation trends.
2024/03/14 14:33
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364 companies implement reduced work shifts: MOL
The Ministry of Labor in Taiwan has announced that 364 companies have implemented reduced work shifts, affecting a total of 9,809 employees. Among these companies, four manufacturing firms have halted or prematurely ended these initiatives due to urgent orders. The manufacturing industry has been the most impacted, with 203 businesses and 8,791 individuals affected by reduced work hours. The Department of Labor Standards and Equal Employment Director Huang Wei-chen noted that large-scale businesses are typically the first to cease these initiatives when economic conditions improve. Huang also predicted that the number of companies implementing unpaid leave may decrease by the end of the year or early next year. This situation highlights the delicate balance between ensuring employee welfare and meeting business requirements, especially in the face of current economic uncertainties. The Ministry of Labor continues to oversee work policies to protect workers while promoting strong industrial performance.
2023/11/08 20:40
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China’s headhunting of Taiwanese tech talent raises concerns
Taiwan’s Minister of Economic Affairs emphasizes the importance of key tech industries to the country’s economy and the need to protect them from corporate espionage. The high-tech sector in Taiwan has attracted attention from mainland China, resulting in the headhunting of Taiwanese tech talent. In response, Taiwan amended its National Security Act to impose stricter penalties for theft of business secrets. Additionally, Taiwan’s industrial production index has declined for 16 months, but there are signs of increased demand in the AI industry chain. Despite uncertainties in consumer behavior and global economic recovery, industry feedback suggests potential growth in future quarters.
2023/10/24 13:55