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  • Taiwan and US address delays in US$19 billion arms sales

    Explore the concerns over delayed U.S. arms sales to Taiwan, highlighting the establishment of a "Tiger team" to address delivery issues, discussions in the U.S. House Armed Services Committee, and the involvement of Taiwan’s National Security Council Secretary-General Wellington Koo in military matters.
    2024/05/06 17:34
  • Huawei overcomes U.S. restrictions with new smartphone chip

    Discover how Huawei’s new Pura 70 series, featuring the advanced Kirin 9010 processor, marks a significant technological leap and defies U.S. restrictions, selling out quickly after launch.
    2024/04/29 14:10
  • THSRC boosts train services for Mother’s Day rush

    Discover the Taiwan High Speed Rail Corporation’s plans to accommodate the Mother’s Day rush from May 10-13, 2024, with additional train services, increased non-reserved seat capacity, and real-time crowd control updates. Plan your trip with ease by checking the THSRC website or using the T-EX Mobile Ticketing app for ticket sales and station crowd information.
    2024/04/24 14:34
  • Taipei egg prices drop as summer demand cools

    Discover how the Taipei City Egg Merchants Association plans to lower egg prices this summer due to decreased demand, as announced by executive director Liu Wei-chih. Learn about the expected market adjustments and the Ministry of Agriculture’s insights on Taiwan’s egg supply and demand dynamics.
    2024/04/23 17:28
  • Taiwanese embrace EVs while global sales slow down

    Discover why Taiwan is experiencing a surge in electric vehicle adoption despite a global market slowdown. Learn about the strategic adjustments major car manufacturers are making in response to challenges and competition in the EV sector.
    2024/04/19 17:12
  • Taiwan debates over menstrual products tax exemption

    Explore the debate in Taipei as lawmakers advocate for sales tax exemption on menstrual products, facing opposition from the Ministry of Finance over concerns of insufficient consumer benefits and potential NT$380 million annual revenue loss. Amidst discussions on gender wage gaps and period poverty, the ministry highlights the challenges of tax exemption policies and the broader implications for the tax system.
    2024/04/10 13:43
  • Tsai Ing-wen and AIT Chair discuss Taiwan-U.S. relations

    President Tsai Ing-wen meets with Laura Rosenberger of AIT to discuss Taiwan-U.S. cooperation in trade, supply chain security, and information security. The Taiwan Relations Act (TRA) of 1979 and its significance in U.S.-Taiwan relations, along with the impact of the three joint communiqués, shape the framework of U.S. policy toward the Taiwan Strait. The TRA aims to maintain peace, security, and stability in the region and influences U.S. arms sales to Taiwan and defense cooperation. The Taiwan Security Enhancement Act and the Taiwan Travel Act demonstrate ongoing developments in U.S.-Taiwan relations.
    2024/04/01 18:18
  • TSMC’s dominance fuels Taiwan’s luxury car market surge

    Discover how Taiwan’s burgeoning semiconductor industry has fueled a significant surge in luxury car sales, with Ferrari and other brands seeing substantial growth. TSMC leads the charge, influencing market trends and investor caution in the AI era.
    2024/03/28 17:21
  • Taiwan halts sales of Japanese red yeast rice products

    Taiwan’s Minister of Health and Welfare Hsueh Jui-yuan announces the removal of products made with red yeast rice from Japan due to adverse reactions. Kobayashi Pharmaceutical’s recall follows reports of acute kidney failure, with one reported death under investigation.
    2024/03/26 13:55
  • Ferrari’s sales soar in Taiwan amid chip boom

    Ferrari’s sales in Taiwan have surged in recent years, driven by the chip boom and global supply chain shifts. The luxury carmaker’s profits hit a record high, with Taiwan outpacing mainland China and Hong Kong in supercar sales growth. Despite Europe and the US being primary markets, Taiwan saw a significant rise in Ferrari sales, capturing 40% of the local two-door supercar market.
    2024/03/25 15:10
  • Taiwan’s convenience stores hit 14-year revenue high

    Discover how convenience stores in Taiwan achieved record-breaking revenue of NT$412.6 billion in 2023, with individual stores surpassing NT$30 million in sales. Explore the growth strategies, consumer trends, and co-branding initiatives that have propelled this sector to new heights.
    2024/03/15 15:40
  • Han Kuang computer war games extended for in-depth training

    Taiwan’s Defense Minister Chiu Kuo-cheng announces the extension of the Han Kuang 40 military drills to eight days, citing evolving enemy threats and a focus on detailed simulations. U.S. military observers are invited, and ongoing U.S. arms sales are addressed.
    2024/03/07 17:23
  • KKTIX refutes claims of unfair IU concert ticket sales

    KKTIX denies rumors of ticket reservation for IU’s concert in Taiwan. IU’s "2024 IU H.E.R. WORLD TOUR CONCERT" in Taipei sees rapid ticket sales, sparking fan anger. Over 95% of tickets were for public sale, with 20,000 tickets sold out in a minute for each of her two shows. The real-name system was implemented to ensure consumer rights, with failed orders put back on sale.
    2024/03/07 11:33
  • THSR bento serves up culinary delight

    Discover the hidden culinary gem at Taiwan High Speed Rail Taichung Station’s railway bento outlet. Renovated in line with Taiwan Railway administration corporatization, the outlet offers sumptuous bento boxes that have garnered praise from locals and tourists. Experience the renowned flavor of the railway spare ribs bento and indulge in meticulously selected domestic pork rib chops with a unique marinade recipe. With a 18% increase in bento sales in 2023, the outlet sold over half a million boxes, making it a must-try dining destination for travelers.
    2024/03/06 18:16
  • Taiwan’s economic shows stability: NDC

    Stay updated on Taiwan’s economic progress as the National Development Council reports a stable outlook for January 2024. Economic indicators show positive trends in production, investment, sales, and finance, signaling continued recovery. Follow the transition from recession to a transitional economy in key sectors, reflecting a promising shift in Taiwan’s economic landscape.
    2024/03/04 18:06
  • Worldwide TV sales drop to new decade low: report

    Global TV sales dip in 2023, with further decline projected for 2024 amidst changing consumer habits and potential material shortages, impacting prices. Experts foresee growth amid economic recovery.
    2024/03/01 17:01
  • TSMC’s new Japan Plant ignites local economy and nightlife

    The opening of TSMC’s new plant in Kikuyo, Japan, has revitalized the local economy and nightlife, with customers spending up to 1 million yen daily. The community’s transformation has garnered international attention, boosting sales in various industries and reshaping Kumamoto’s nightlife. TSMC’s significant investment in the project is expected to increase production capacity and potentially lead to the establishment of additional factories in the area.
    2024/02/17 14:33
  • Taipei city egg prices drop post-Lunar New Year glut

    Taipei City Egg Merchants Association announces wholesale egg prices will decrease from NT$52 to NT$49 per Taiwan catty due to unsold stock from before the Lunar New Year. The egg market was closed during the holiday, resulting in no quotations. To alleviate pressure on sales, the farm-gate price has been reduced by NT$3, now at NT$42.5. The association is monitoring demand and potential price adjustments as primary and secondary schools reopen. Current pricing remains unchanged.
    2024/02/16 14:03
  • Son Ye-jin’s star power boosts golf brand

    Beloved Korean actress Son Ye-jin extends her endorsement contract with golf brand PIRETTI through 2024, captivating audiences worldwide. Despite reducing public appearances and film projects after marriage and childbirth, Son’s allure remains undiminished, fostering brand loyalty. Her personal passion for golf is showcased on social media, where her golf attire, including polo shirts, pleated skirts, calf-length white socks, and sneakers, garners widespread attention. Son’s popularity soared in Asia after her role in the Korean drama "Crash Landing on You," boosting PIRETTI’s product sales. With her enduring charm and influence, Son’s star continues to shine bright as she balances her personal and professional life.
    2024/02/07 17:46
  • City gov’t finalizes rental fees for Taipei Dome

    The Taipei City Government has received proposed rental fee standards for the Taipei Dome from the Farglory Group. The Department of Sports confirmed that ticket sales and rental costs for domestic baseball games amounted to NT$525,000, including a 10% ticket sales cut. For non-ticketed events open to the public, venue rent costs rise to NT$1.05 million. The Taipei Dome has established its venue rental pricing standard after three months of trial run and submitted it to the city government. The rental fee will vary based on event types and standards, with utilities calculated separately. Different rates apply to international baseball events, non-baseball events, non-sporting events, and specific events like concerts or exhibitions. Rental costs also differ based on whether the venue is fully opened or not. The Farglory Group has provided the proposed fee standards to the city government for evaluation and a public announcement will be made after discussions.
    2024/02/02 15:54
  • Supermicro stock soars after surpassing financial forecasts

    Supermicro, the U.S.-based server and computer manufacturer, experienced a stock price surge of over 10% during after-hours trading on Jan. 29. This increase followed the release of the company’s financials for the October-December 2023 period, which exceeded market expectations. Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. The current quarter’s sales estimate is US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01. Net sales for the company have more than doubled from US$1.8 billion in the same period last year to $3.66 billion, surpassing the market estimate of US$3.42 billion. Supermicro CEO Charles Liang attributed the company’s success to winning new partners and the increasing demand for its optimized AI computer platforms and comprehensive IT solutions.
    2024/01/30 17:46
  • LINE Pay soars 195% in market debut, hits NT$1030

    LINE Pay, a mobile payment provider, had a successful over-the-counter market debut in Taipei, with shares soaring 195% from the listing price of NT$348 to a record high of NT$1030. The company’s financial documents reveal a capital of NT$600 million and earnings per share of NT$8.04 in 2022. LINE Pay’s revenue for 2022 reached NT$3.62 billion, demonstrating consistent growth over the past four years. With over 500,000 payment locations and more than 7 million active users out of 12 million customers in Taiwan, LINE Pay predicts that its revenue will increase to NT$4.78 billion in 2023. Notably, nearly half of the population in Taiwan are LINE Pay users. In terms of revenue share in 2023, transaction fee income accounted for 83%, financial promotion collaborations for 12%, and marketing product sales for 5%, according to LINE Pay’s statement.
    2024/01/26 17:23
  • Taiwan High Speed Rail boosts services for Lunar New Year

    The Taiwan High Speed Rail Corporation (THSRC) will add eight more trains during the Lunar New Year transport season from Feb. 6 to 15. These additional services include five southbound and three northbound trains. Tickets for these services will be available starting midnight on Saturday, Jan. 27. During the passenger peak period, THSRC will also expand unreserved seating across eight carriages on trains running between Nangang and Taichung. THSRC will provide a total of 461 additional train services over the Lunar New Year period, with 246 southbound and 215 northbound trains. Passengers are advised to plan in advance by checking the corporation’s website for transport season sales information and avoiding peak times. Real-time updates on passenger numbers at different stations will be available on the THSRC website. Stations implementing crowd control for unreserved seating will display a yellow or red light, indicating expected queue times of over 30 minutes or over 60 minutes, respectively. Passengers can also receive crowd control information and manage their travel plans via the T-EX mobile ticketing app.
    2024/01/25 11:12
  • Taiwan launches coveted dragon zodiac coins amid frenzy

    Limited edition dragon year zodiac commemorative coins are being sold by Taiwan’s Central Bank, with 45,000 sets available at the Bank of Taiwan’s counters. Queues formed as early as 4 a.m. despite the cold weather, and each buyer can purchase only two sets per turn. Online pre-orders sold out within 3 hours, and the resale price has surged to NT$3,000 from the original price of NT$1,900.
    2024/01/22 12:15
  • K-Pop Icon IU set to perform at Taipei Arena in April 2024

    South Korean star IU, known as the "Nation’s Little Sister," has surprised fans by revealing her 2024 world tour schedule on Instagram. The acclaimed singer-songwriter, composer, and actress will be performing at the Taipei Arena on April 6 and 7. This marks IU’s return to Taiwan after four years and her debut performance at the renowned venue. IU is highly popular in Taiwan, thanks to her past visits and engaging activities for her fans. The "2024 IU H.E.R. World Tour Concert" will take her to various global cities, including Seoul, Yokohama, Singapore, Jakarta, Hong Kong, Manila, Kuala Lumpur, London, Berlin, Bangkok, Osaka, Newark, Atlanta, Washington D.C., Rosemont, Oakland, and Los Angeles. IU is not only known for her powerful singing ability but also for her top-notch acting skills, showcased in hit Korean dramas such as "My Mister" and "Hotel del Luna." With the announcement of her Taiwan concerts, a ticket sales frenzy is expected.
    2024/01/17 16:39
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