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  • Taiwan’s wealth gap hits decade high amid economic struggles

    Taiwan faces a widening wealth gap, reaching its highest in a decade. With challenges like high inflation and stagnant wages, the top 20% of families earn significantly more than the bottom, highlighting deep economic disparities.
    2023/11/05 18:26
  • Lai vows to shape Taiwan into a democratic nation

    Lai Ching-te inaugurates his 2024 campaign headquarters in Tainan, drawing over 20,000 supporters. He recalls Tainan’s past challenges and highlights his vision for a democratic and innovative Taiwan.
    2023/11/05 12:25
  • Taiwan’s renewable energy market valued at billions

    The Industrial Technology Research Institute (ITRI) has announced an 8.6 percent rebound in output, driven by developments in solar and wind power. Taiwan’s renewable energy market is expected to reach NT$200 billion in 2024. This was revealed during an ITRI industry forum that focused on cross-discipline cooperation in carbon solution exchange. Jay Wang, Vice Director of ITRI Industrial Economics and Knowledge Center, highlighted the challenges faced by the global economy due to high inflation and interest rates, which have increased investment costs for renewable energy development. Wang emphasized the importance of renewable energy in achieving a net-zero economy by 2050, but noted that oversupply has resulted in lower prices and the need for different approaches. Despite these challenges, Taiwan has excelled in the development and innovation of renewable energy, particularly offshore wind power, with an accumulated capacity of 2GW to date.
    2023/11/03 21:39
  • Ko Wen-je: From ER doctor to Taiwan’s political game changer

    Ko Wen-je, founder of Taiwan People’s Party and former ER doctor, has swiftly become a significant force in Taiwan’s politics. Known for his straightforwardness and rapid adaptation, Ko’s political journey resonates with the youth but faces challenges with older generations. As Taiwan approaches election day, voters must decide if Ko’s vision aligns with their aspirations for the nation.
    2023/11/03 18:00
  • Semiconductor revenue expected to rebound by 11% in 2024

    The global semiconductor revenue is projected to drop by approximately 12% in 2023 but is expected to rebound by more than 11% next year, reaching a total revenue of US$550 billion, according to International Business Strategies (IBS). Major semiconductor companies, including Intel Corp, TSMC, and Samsung Electronics, have indicated that the industry downturn has passed. Although Samsung Electronics’ profit for Q3 fell 38%, inventory is returning to normal levels, and oversupply is easing due to production cutbacks. Samsung’s deputy head of the Memory Division suggests that the recovery trend could continue into next year. Despite challenges such as inflation, the war in Ukraine, and clashes between Israel and Hamas, the semiconductor market recovery reflects the resilience of the global economy.
    2023/11/02 20:42
  • TSMC founder warns of changing landscape for semiconductors

    TSMC Founder Morris Chang underscores the emerging challenges for Taiwan’s semiconductor industry, emphasizing national security amidst global shifts. With AI demand surging and changing supply chain dynamics post-pandemic, Taiwan must navigate geopolitical tensions and retain its global edge in chipmaking.
    2023/11/02 18:10
  • MOEA expresses concern about maintaining 2% GDP growth

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, expressed concerns about maintaining a 2% GDP growth rate this year despite signs of economic recovery. She cited external factors such as inflation, the Russia-Ukrainian war, and the Israeli-Palestinian conflict as global market influences. However, Wang emphasized that Taiwan’s innovation and efficiency are key advantages that can withstand external economic pressures. The National Development Council also reported a slight improvement in economic measures, indicating subtle growth amidst global adversity. Despite challenges, Taiwanese authorities and stakeholders remain cautiously optimistic and ready to leverage the nation’s inherent strengths.
    2023/10/30 14:38
  • TSIA Chair urges government to prepare for AI revolution

    Taiwan Semiconductor Industry Association Chair Cliff Hou has made four key suggestions to the government in a proposal, emphasizing the need to prepare for significant changes in the global semiconductor industry due to the rise of AI.
    2023/10/27 20:03
  • Terry Gou warns Taiwan risks missing next ’golden 30 years’

    Independent presidential candidate Terry Gou faces internal and external challenges, including petition issues, joint actions by the Kuomintang and Taiwan People’s Party, and poor poll ratings. The future of his campaign is uncertain as his company, Hon Hai’s subsidiary Foxconn, is under investigation by the Chinese Communist Party’s tax department.
    2023/10/27 15:04
  • Taiwan LGBT+ Pride to highlight diversity challenges

    The 21st Taiwan LGBT+ Pride , with the theme "Stand with Diversity," will take place in front of Taipei City Hall on October 28th. DPP presidential candidate Lai Ching-te will attend, while PFP candidate Ko Wen-je will be absent due to a prior engagement in the south. KMT will send youth group members, and Hou Yu-yih will not attend but expresses support for gender equality. Terry Gou and Lai Pei-hsia will also be absent but maintain their support for gender-friendly policies.
    2023/10/26 15:17
  • Ko unveils ’Strong Generation’ movement to redefine aging

    Taiwan’s TPP candidate, Ko Wen-je, introduces the ’Strong Generation Cultural Movement’ to redefine aging and boost the economy. Learn how this initiative addresses the challenges of an aging society.
    2023/10/25 18:42
  • Prof. Skoric explores tech’s role in democracy at CTeC Asia

    Professor Marko Skoric from the City University of Hong Kong delves into the complex relationship between emerging technologies and democracy at the CTeC Asia event. He warns against blaming technology solely for democratic challenges and emphasizes the role of leadership and wealth distribution.
    2023/10/22 00:45
  • Household spending on fitness and pets soar in Taiwan

    Despite facing economic challenges like inflation and stagnant wages, Taiwanese households are ramping up spending in two unexpected categories: fitness and pet care. With an annual growth rate of over 15% in fitness spending and a 36.2% increase in pet-related expenses over the past decade, these sectors show strong resilience and growth.
    2023/10/19 13:24
  • Taiwanese doctor joins frontline efforts in Gaza

    Taiwanese intervention in the Israeli-Palestinian conflict, particularly in the Gaza Strip, aims to provide aid. Dr. Hung Shang-kai, an emergency physician from Linkou Chang Gung Memorial Hospital and part of Doctors Without Borders, has been stationed in Gaza since July. He hopes to improve the local emergency triage system to help more injured patients due to frequent conflicts and a shortage of medical resources in the area. The Gaza Strip faces challenges such as overdevelopment, saltwater intrusion, clean water shortage, and limited electricity supply, which result in medical supply shortages and hinder specialized treatment. Various organizations are extending their help to locals during these turbulent times.
    2023/10/16 10:49
  • President Tsai unveils first Taiwan-made submarine, Hai Kun

    Taiwan reveals its first domestically built submarine, Hai Kun, in a significant move towards enhancing national defense. President Tsai Ing-wen underscores its role in asymmetric warfare capabilities, emphasizing the nation’s determination to protect its sovereignty. This development highlights Taiwan’s commitment to self-reliant defense in the face of evolving security challenges.
    2023/09/28 17:48
  • Taiwanese struggle with low wages despite advanced degrees

    Discover the wage challenges faced by young Taiwanese adults despite their advanced degrees. Tech graduates earn NT$73,500 in their first jobs, while others struggle with lower salaries and a rising cost of living. Explore the impact on their financial prospects and future stability.
    2023/09/22 18:14
  • Ko addresses long-term care challenges and solutions

    Taiwan’s presidential candidate Ko Wen-je reveals comprehensive long-term care policies addressing current challenges. Learn more about his proposals and the state of long-term care in Taiwan.
    2023/09/22 18:06
  • Taiwan military unveils new Indian Challenger motorcycles

    Taiwan’s military introduces the latest Indian Challenger motorcycles for battlefield reconnaissance. Discover their features and the challenges they bring.
    2023/09/21 20:05
  • Rising ridership, but falling profits for Taiwan’s MRTs

    Taiwan’s MRT systems are facing financial challenges despite increasing ridership. Keelung City Councilor Cheng Wen-ting discusses the importance of comprehensive assessment before investment. Experts highlight the difficulties of public transportation turning a profit.
    2023/09/21 17:29
  • President Tsai calls for resilient judicial system

    President Tsai Ing-wen commends the diversity of the citizen judicial system introduced in Taiwan in 2023 and calls for the judiciary to "become adaptable and more resilient" with the constant emergence of new challenges.
    2023/09/18 19:00
  • Taiwan’s manufacturing sector struggles amid economic slump

    Amid economic challenges, Taiwan’s manufacturing sector grapples with reduced work shifts due to declining foreign orders. Labor violations surge in New Taipei, with the sector eyeing revival as export orders show promise.
    2023/09/12 18:53
  • Taiwanese in China face tougher business environment

    Taiwanese seeking opportunities in China face growing challenges, leading some to repatriate while others opt to stay. These challenges stemmed from the U.S.-China trade war, the COVID-19 pandemic, and China’s economic downturn.
    2023/09/07 17:22
  • Elderly housing program gains momentum amid aging society

    Taiwan’s journey towards a super-aged society intensifies as the elderly population grows. Discover the challenges faced by seniors in non-elevator-equipped homes and the innovative Elderly Housing Exchange Program aiming to enhance living conditions.
    2023/08/28 19:31
  • Taiwan rental market struggles amid inflation

    Taiwan’s rental housing market faces challenges due to global inflation, stagnant wages, and higher living costs. Renters grapple with increased monthly payments amid limited wage growth. Find out how these factors impact the rental market.
    2023/08/21 16:57
  • Extreme heat from climate change endangers flight safety

    Extreme heat due to climate change is posing new challenges for air travel, affecting flight operations, passenger loads, and take-off efficiency. Experts reveal how soaring temperatures impact engines, combustion efficiency, and lift generation, leading to delays and changes in flight schedules. As global temperatures rise, the aviation industry must adapt to ensure safe and efficient travel.
    2023/08/17 13:29
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