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Tourism slump forces Royal Air Philippines to halt flights
Royal Air Philippines will suspend passenger operations on Jan. 4, 2026, due to business challenges. Geopolitical issues have impacted tourism, affecting the airline’s market.2025/12/23 17:21 -

Unpaid leave decreases in Taiwan, affecting fewer workers
The Ministry of Labor reports a drop in unpaid leave, with 257 firms and 4,474 employees affected. Key industries show recovery, aided by tourism subsidies.2024/12/16 11:50 -

Taiwan tourism surpasses 7M international visitors
Taiwan’s tourism sector sees a boost as international arrivals surpass 7 million by Dec. 3, 2023. Japan leads as the top source market, followed by Hong Kong, Macau, and South Korea.2024/12/06 16:38 -

KMT foundation displeased by Taiwan’s tourism policies
The Kuomintang’s National Policy Foundation critiques Taiwan’s tourism policies, stressing the need to attract Chinese tourists to boost the post-pandemic economy.2024/11/14 21:00 -

Labor ministry reports rise in workers on reduced hours
Taiwan’s Ministry of Labor reports 302 companies cut work hours, affecting 4,705 workers. Export declines and slow tourism recovery impact employment.2024/10/16 13:41 -

Taiwan Central Bank holds interest rate steady for 3rd time
Taiwan’s central bank has announced that it will maintain its interest rate for the third consecutive time in its quarterly board meeting. The decision was influenced by price changes and the need to balance stabilizing consumer prices with sustaining economic growth. Despite rising consumer prices due to natural disasters, the central bank remains optimistic and expects the inflation rate to drop below 2% next year. Forecasts for Taiwan’s GDP growth rate in 2023 are more positive, projected to reach 3.12%. This is supported by increasing private consumption, particularly in tourism and dining, as well as the central bank’s expectation of a global export increase to stimulate local investment and drive economic recovery. In contrast to the Federal Reserve in the U.S., Taiwan’s central bank stated that its monetary policy approach would be adjusted gradually based on the country’s economic conditions. Despite high housing prices, the central bank has decided against imposing stricter measures or withdrawing from market intervention to avoid further impact on the property market.2023/12/15 16:31



