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  • Taiwan’s car rental market booms with sharing services

    The sharing economy is gaining momentum in Taiwan, with car-sharing services emerging as a popular choice among consumers seeking convenient and flexible transportation options. Service providers are now enhancing their platforms to connect their car marketplaces and resources, aiming to attract more users.
    1天前
  • Taiwan launches association to boost digital economy

    Discover how Taiwan is advancing its digital economy through the launch of the Taiwan Parliamentary Exchange and Promotion Association for Digital Technology and the New Economy, led by DPP legislator Michelle Lin. This initiative aims to foster government-industry cooperation and includes plans for talent transformation, international exchanges, and smart city policies.
    2024/06/11 15:26
  • Taipower urged to end reliance on government subsidies

    Discover how Taiwan’s new Economic Affairs Minister, J.W. Kuo, advocates for Taiwan Power Company’s financial independence, challenging the current reliance on government subsidies amid significant losses.
    2024/06/07 10:26
  • Barry Lam tops Forbes Taiwan’s richest list with US$11.7B

    Discover how Barry Lam became Taiwan’s wealthiest individual with a net worth of $11.7 billion, according to Forbes Taiwan’s Richest 2024 list. Learn about Taiwan’s economic growth and the tech industry’s role in shaping wealth.
    2024/05/31 14:50
  • Taiwanese shoe brands turn waste into wearable tech

    Discover how Taiwanese shoe manufacturers are leading the way in sustainability by transforming coffee grounds, plastics, and other wastes into innovative, eco-friendly footwear.
    2024/05/30 16:50
  • Thailand doubles visa-free stay to 60 days for 93 countries

    Discover how Thailand’s new visa measures for travelers from Taiwan and 92 other countries aim to boost its economy by doubling the stay limit to 60 days and targeting 40 million visitors this year.
    2024/05/29 16:27
  • Taiwan’s new Premier outlines foreign policy goals

    Discover how Taiwan’s new Premier Cho Jung-tai aims to foster democracy, peace, and prosperity with a comprehensive foreign policy system. Learn about his plans for national defense, economic innovation, and environmental goals.
    2024/05/29 16:06
  • EVA Air climbs to 13th in 2024 World’s Best Airlines Ranking

    Discover how Taiwan’s EVA Air ranks in the "2024 World’s Best Airlines" by AirlineRatings.com, alongside the top performers like Qatar Airways and the criteria used for evaluation. Learn about the best in various airline categories, from business class to environmental efforts.
    2024/05/29 14:12
  • Labor minister vows to protect delivery workers’ rights

    Discover how Taiwan’s Ministry of Labor is championing the rights of delivery workers amid Uber Eats’ acquisition of foodpanda, with a focus on fair labor practices and upcoming dialogues.
    2024/05/23 11:51
  • Premier Cho Jung-tai takes helm, focuses on Taiwan’s economy

    Discover how Taiwan’s new Premier Cho Jung-tai is tackling economic challenges with a focus on innovation and U.S. support on his first day in office. Read about the strategic meeting that sets the tone for future growth.
    2024/05/23 10:17
  • Han Kuo-yu reassures on Taiwan’s democratic resilience

    Discover how Taiwan’s Legislative Yuan Speaker, Han Kuo-yu, champions the resilience of Taiwan’s democracy and its economic evolution at ANEX 2024, amid parliamentary conflicts and international scrutiny.
    2024/05/22 16:59
  • MOA to launch voucher program to boost Hualien’s economy

    Discover how Taiwan’s Ministry of Agriculture plans to revitalize Hualien’s tourism and agriculture with a NT$183 million voucher program starting July 1, following a recent earthquake.
    2024/05/15 12:05
  • US warns: Economic fallout if China takes over Taiwan’s TSMC

    Discover how U.S. Secretary of Commerce Gina Raimondo warns of the severe impact on the U.S. economy if China takes control of Taiwan’s TSMC, a key semiconductor supplier.
    2024/05/09 14:21
  • Taiwan faces underground tourism risk amid China travel ban

    Explore the impact of a potential ban on Taiwanese travel groups to China starting June 1, as discussed by Chen Yi-hsuan. With 80% of Taiwan’s travel agencies involved with China, the industry faces the risk of unregulated tourism. Efforts to negotiate with China have begun, highlighting the economic significance of Chinese tourists to Taiwan and urging the new government to prioritize cross-strait exchanges. Concerns over legal, safety, and transportation issues are also raised by industry leaders.
    2024/05/07 14:42
  • Report: healthcare, tech lead in Taiwan’s graduate salaries

    Explore the latest insights on the starting salaries for university and postgraduate entrants in Taiwan’s workforce for 2023, including sector-specific averages, employment trends, and the impact of the global economy on hiring practices.
    2024/04/30 18:28
  • Vice President Lai visits China Steel, eyes net-zero goal

    Explore Vice President Lai Ching-te’s visit to China Steel Corporation in Kaohsiung, where he delved into the company’s efforts toward net-zero carbon emissions, highlighting its role in Taiwan’s economic growth and sustainable development.
    2024/04/26 22:13
  • 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
  • Taiwan’s economic surge amid digital revolution

    Explore Taiwan’s optimistic economic future through the eyes of NDC Minister Kung Ming-hsin, highlighting the nation’s digital transformation, resilience against natural disasters, and robust foreign investment growth amidst geopolitical challenges.
    2024/04/24 18:03
  • Foxconn’s climate goals approved by SBTi

    Foxconn Technology Group achieves a significant milestone in environmental sustainability by receiving approval from the Science Based Target initiative (SBTi) for its net-zero emissions goal, making it a leader in Taiwan’s high-tech hardware industry. This commitment aligns with the Paris Agreement, aiming to limit global warming to 1.5˚C by reducing greenhouse gas emissions across its value chain by 2050.
    2024/04/24 17:54
  • Hualien’s Hotel Fouquet demolition disrupts local businesses

    In Hualien, the Hotel Fouquet, compromised by a recent earthquake, is undergoing demolition, impacting local businesses like the Zhou family dumpling shop. The process, led by the Hualien Construction Office, aims for completion in two weeks, using a method for safety and efficiency. This has further strained the local economy, already suffering from reduced tourism.
    2024/04/24 11:00
  • Kosovo delegation visits Taiwan to strengthen bilateral ties

    Explore the strengthening of Taiwan-Kosovo relations as former Kosovo Prime Minister Avdullah Hoti visits Taiwan, aiming to foster deeper ties in democracy, economy, and education. This significant visit, marked by discussions on cooperation and shared democratic values, underscores both nations’ commitment to advancing bilateral relations and international participation.
    2024/04/19 13:59
  • Taiwan’s rising rents: pandemic, war, and interest rates

    the year-over-year (YoY) rate in the rent index has been around 2% for the past two years, a relatively high level. The YoY growth rate in March was 2.24%, the highest increase in the past year. Over the past decade, the average annual increase in the rent index was 1.1%. However, since July 2022, the growth has exceeded 2% and has remained at this level. DGBAS officials pointed out three main factors that contributed to the rise in rent. First, the cost of maintaining houses has increased. In recent years, the increase in residential maintenance costs has been significant, with a sharp rise of 5.8% in 2022 and increases of over 3% in 2023 and 2024. 
    2024/04/12 18:00
  • Labor shortages prompt overtime work in Taiwan’s industries

    Discover how the global economic recovery and labor shortages are leading to increased overtime work in Taiwan’s manufacturing and industrial sectors, impacting workers’ preferences and job market dynamics.
    2024/04/11 17:28
  • Hengchun peninsula thrives during 2024 Taiwan Music Festival

    The 2024 Taiwan Music Festival attracts over a million attendees, boosting the local economy of the Hengchun Peninsula and generating NT$ 1 billion in revenue for businesses. The event provides a platform for independent music and enhances musical tourism in the region.
    2024/04/08 17:41
  • Lai Ching-te to boost economy with industry exchanges

    President-elect Lai Ching-te plans to boost Taiwan’s industrial development by engaging with key industries like machine tools and machinery. He aims to collaborate with the Ministry of Economic Affairs to promote economic growth post-inauguration. Lai has already visited various industries and emphasized the importance of the machinery sector in Taiwan’s economy.
    2024/04/02 17:07
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