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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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Economic minister sees growth in semiconductors, AI sectors
Taiwan’s Economic Minister J.W. Kuo announced potential growth in semiconductor, AI, and cybersecurity sectors as U.S. tariffs impact the ’red supply chain.’
2025/06/25 20:00
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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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Cathay Financial maintains Taiwan growth forecast at 2.8%
Cathay Financial Holdings maintains Taiwan’s 2025 economic growth forecast at 2.8% but adjusts the range to 1.6%-3.5% due to potential slowdowns. The third quarter may see a weakening economic climate, with over 60% chance of recession.
2025/06/17 08:00
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Taiwan forecasts 2.9% growth amid global slowdown risks
The Taiwan Research Institute forecasts a 2.90% growth for 2025, citing strong exports and emerging tech. Inflation is expected to slow, with a CPI rise of 1.98%.
2025/06/13 21:00
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Thermal power dominance alarms Taiwan’s second-largest city
Taichung Mayor Lu Shiow-yen stresses the need for a diverse energy mix amid a potential referendum on extending the Maanshan Nuclear Power Plant. She warns against over-reliance on thermal power and highlights the impact on foreign investment.
2025/06/11 22:00
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Economic pressures drive Taiwan’s record-low fertility rate
Taiwan’s birthrate hit a record low in April, with only 8,684 newborns. Population declines continue, impacting labor markets. AI and automation are key strategies to address these challenges.
2025/06/06 18:09
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Taiwan stock market resilient despite trade tensions
Cathay Asia’s chairman is optimistic about Taiwan’s stock market, citing strong AI demand and U.S. cloud investments. He discusses tariffs, currency impacts, and TSMC’s growth.
2025/06/05 21:00
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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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Compal plans Texas factory to counter U.S. tariff impacts
Compal Electronics chairman discusses U.S. tariffs’ impact on global markets and Compal’s strategic response, including new factories in Mexico and Texas.
2025/05/29 16:00
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Taiwan plans 300-hectare robotics hub in ambitious AI push
Taiwan’s Economic Minister J.W. Kuo announced plans for a 300-hectare robot production hub in Tainan. The initiative includes AI talent training and job placements.
2025/05/29 11:00
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AI can’t replace human goals, says NVIDIA’s Jensen Huang
📊 Jensen Huang believes AI is the answer to our aging workforce crisis. With the right AI companions, he says we could reach a US$200 trillion global GDP! Is your company ready for the AI revolution? #Taiwan
2025/05/26 15:43
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Nvidia CEO Jensen Huang seeks energy support for AI growth
Nvidia CEO Jensen Huang plans to build AI infrastructure in Taiwan, urging government energy support. He aims to create the largest AI supercomputer, linking AI to economic growth and education.
2025/05/23 16:57
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Taiwan forecasts 3% economic growth for 2025
Taiwan’s economy is set for 3% growth in 2023, says Kung Ming-hsin. Exports may hit $550 billion despite tariffs. Key projects and policies aim for balanced development.
2025/05/16 22:00
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Taiwan university launches center to update business laws
National Taiwan University launched the Center for Innovative Enterprise Law, aiming to foster dialogue among industry, government, and academia. Cathay Financial’s Tsai Hong-tu emphasized the need for legal frameworks to keep pace with corporate growth and technological advancements.
2025/05/12 14:00
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Taiwan state firms to hire 386 new employees this year
Taiwan’s Ministry of Economic Affairs plans to hire 386 employees for state-owned enterprises, with exams on Nov. 9. Positions offer growth in fields like electrical engineering.
2025/05/09 12:00
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Taiwan warns against market speculation on currency movement
The New Taiwan dollar rose to 30.145 against the U.S. dollar, a 9-cent increase. Central Bank Governor Yang Chin-long assured no exchange rate manipulation. Taiwan’s economy outperformed major countries, driven by foreign investment and U.S. dollar supply. The bank denied U.S. Treasury involvement in currency matters and urged caution against market speculation.
2025/05/05 17:23
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Taiwan’s Q1 economic growth hits 5.37%, highest in a year
Taiwan’s economy grew 5.37% in Q1, driven by strong exports and capital formation, says DGBAS. AI demand and easing supply issues boosted growth.
2025/04/30 21:00
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Taiwan bucks global trend with 14.27% market rebound
Taiwan Stock Exchange chairman expresses confidence in market resilience despite global challenges. He highlights strong rebounds and projects earnings growth.
2025/04/28 19:00
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Hualien magistrate to join KMT rally on Saturday
Hualien County Magistrate Hsu Chen-wei plans to attend a KMT rally, urging the government to address economic challenges from the U.S. tariff war. She calls for support for industries and fairness in recall evaluations.
2025/04/24 22:00
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Taiwan to launch carbon pricing to meet global standards
President Lai Ching-te announced Taiwan’s plan to implement a carbon pricing system to align with global standards. The initiative aims to avoid penalties and ensure competitiveness amid U.S. tariff changes.
2025/04/24 17:27
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Kaohsiung plans water solutions for future TSMC growth
Kaohsiung prepares for TSMC’s potential sixth plant with plans for water and power in Nanzih and Ciaotou. Officials express support and readiness for expansion.
2025/04/24 16:00
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Taiwan sees opportunity in Trump’s environmental rollbacks
Taiwan remains focused on economic growth amid global trade shifts under President Trump. Deputy Minister Kao Shien-Quey highlights sustainability and unveils plans to boost industrial competitiveness and green initiatives.
2025/04/23 18:08
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Economic confidence survey shows cautious trading trend
Cathay Financial’s survey reveals declining stock market optimism and risk appetite due to U.S. tariffs. Economic confidence drops as inflation expectations rise.
2025/04/21 22:00
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Taiwan economists outline three growth scenarios for 2025
CIER’s latest forecast reveals Taiwan’s economic growth scenarios amid U.S. tariff uncertainty. Predictions range from 0.16% to 2.85%, highlighting challenges in forecasting.
2025/04/18 16:00