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Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.

Taiwan’s DGBAS reports a 4.47% year-on-year increase in medical costs for March, the highest in 18 years, due to the New Health Insurance Co-payment System. The March CPI showed a 2.14% year-on-year increase, with dining-out costs and essential commodity prices decreasing slightly. However, inflationary pressures persist in services like medical costs and rent.

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.

Discover how Fubon Financial Holding Chair Daniel Tsai predicts a rise in commodity prices following an electricity price increase in Taiwan. Gain insights from industry leaders like Tung Tzu-hsien of Pegatron Corp on the impact of electricity costs on manufacturing and services sectors, and the necessity of reducing government subsidies. Stay informed on economic growth projections and the interplay between electricity prices and overall market dynamics.

A bipartisan U.S. House delegation led by Bergman visits Taiwan to meet with top officials, reaffirming support and discussing key issues like Taiwan-U.S. relations and regional security.

Former President Ma Ying-jeou’s upcoming second visit to China ignites debate among scholars on its implications for cross-strait relations. Some view it as a potential easing of tensions, while others interpret it as part of China’s united front strategy. Ma’s visit, scheduled from April 1 to 11, aims to engage with Chinese culture and students. The trip, in response to a mainland China invitation, is seen as an opportunity to bridge political divides and showcase diverse Taiwanese perspectives on cross-strait relations. However, critics like Taiwan Thinktank researcher Wu Se-chih perceive the visit as aligning with the Chinese Communist Party’s agenda to promote Chinese culture and influence Taiwanese society before the new president’s inauguration.

Stay informed about the upcoming weather in Taiwan as temperatures are expected to rise significantly in the coming days. Meteorologists predict a warming trend with highs reaching up to 34 degrees Celsius. Take precautions against sun exposure and stay updated on the latest forecasts.

Explore how Taiwan is leading the charge in mobile payment adoption, with over 12 million users benefiting from international collaborations like PXPay and PayPay. This shift towards digital transactions signifies a broader global expansion trend, enhancing consumer experiences and security.

Discover how Taiwan is advancing towards its 2050 net-zero emissions goal with innovative solutions from corporations like Qualcomm, ProLogium, and Violin Biotech, showcased at the Smart City Summit and Expo.

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U.S. Assistant Secretary for East Asian and Pacific Affairs Daniel J. Kritenbrink highlights cooperation between the U.S. and Taiwan, alongside allies Tuvalu, Palau, and the Marshall Islands, to counter China’s expansion. The Senate Foreign Relations Committee discusses U.S. strategies for the Pacific islands, focusing on American and Chinese influence in the region, with references to Taiwan’s diplomatic status and China’s economic incentives to influence Nauru. The U.S. warns Nauru and Taiwan’s allies against China’s unfulfilled promises, with efforts like the Taiwan International Solidarity Act to counter China’s manipulation of Taiwan’s international role.

Google Taiwan’s General Manager Tina Lin announced plans to boost AI development in Taiwan by focusing on talent nurturing, community strengthening, and industry innovation. The company will launch Gemini College, offer an AI literacy program on YouTube, and provide tools like Google AI Studio and Vertex AI. Additionally, a Google Cloud Training program in 2024 aims to involve over 5,000 developers.

Deputy Legislative Speaker Johnny Chiang extends an invitation to MPs from Asian-Pacific Parliamentarians’ Union member countries to Taiwan’s 2025 Annual Meeting. Chiang emphasizes Taiwan’s commitment to addressing regional issues like climate change and economic development. Taiwan will host the APPU conference for the 11th time in 2025.

Amid inflationary pressures, Taiwan plans to raise electricity prices, impacting daily life and industry, especially high-energy-consuming businesses like hot pot restaurants. The increase, projected to be across-the-board, could lead to higher operating costs and consumer prices. Taiwan Power Company faces substantial losses, with a potential 20% price surge predicted to affect economic growth and consumer prices. Some workers see the adjustment as a step towards sustainable energy development, encouraging energy-saving and emission-reduction industries.

Premier Chen Chien-jen orders a thorough inspection of chili powder contamination issues in Taiwan, involving multiple government agencies like the Ministry of Justice and MOHW. Over 21,000 kilograms of tainted chili powder distributed to 13 businesses across nine cities are being investigated, with a focus on a food factory in Nantou. Chen calls for stringent measures to remove non-compliant products from shelves and promises robust action against offending manufacturers to safeguard food safety.

Chen Yaw-shyang, commissioner of the National Communications Commission (NCC), faces scrutiny from lawmakers over a report deemed stale and lacking in original content. Calls for a rewrite ensue amidst accusations of insufficient Mandarin language competency and vague content. Legislative skepticism persists as NCC officials defend the report’s recurring information, citing ongoing supervisory responsibilities and recent developments like the Internet Broadcasting Office. Personnel matters, including the potential appointment of NCC Deputy Director Wong Po-tsung as chairman, remain subject to legislative decision-making.

The 2024 Computex Taipei promises an AI feast with top industry leaders like Intel CEO Pat Gelsinger set to deliver a keynote speech. Expect insights on the AI PC era and the theme ＂Connecting AI＂ as NVIDIA CEO Jensen Huang and AMD CEO Lisa Su join Gelsinger at this global event. Explore six themes and 4,500 stalls at the Taipei Nangang Exhibition Center from June 4 to 7.

Acclaimed Japanese manga creator Akira Toriyama, known for ＂Dragon Ball,＂ passed away at 68 due to a cerebral hemorrhage. His legacy in manga and anime, especially with titles like ＂Dragon Ball＂ and ＂Dr. Slump,＂ has left an indelible mark on the industry. His works have been translated into multiple languages and have a global circulation of 200 million copies. His untimely death has left unfinished projects and a significant void in the manga world.

Taiwan Semiconductor Manufacturing Company (TSMC) stock price hits record high, pushing market value beyond NT$20 trillion. TSMC’s surge driven by factors like NVIDIA shares increase and Fed Chair Powell’s optimistic outlook. Taiwan Stock Exchange (TWSE) also reaches record high of 20,065.5 points.

Stay informed about Taiwan’s Ministry of Education’s recent revision of the ’Regulations for the Individual Recruitment of Universities’ impacting university admissions. Learn about the changes affecting private high schools and exceptions for religious, artistic, and athletic sectors. Discover how this update will impact institutions like CTBC Business School, Kainan University, and Huafan University.

Yuli Hospital in Hualien, Taiwan, is leading efforts to establish dementia-friendly organizations in the country. The initiative involves training employees from community branches of the Land Bank of Taiwan and Family Mart to better understand and assist individuals with dementia. With over 300,000 people affected by dementia in Taiwan, the hospital aims to raise awareness and support for this vulnerable population. Director of nursing Huang Pei-chi highlights common challenges faced by dementia patients in daily tasks like banking and shopping, urging more businesses to participate in creating a dementia-friendly environment for the elderly.

Discover how Taipei City is tackling the urban heat island effect with sustainable solutions like energy-efficient buildings, increased green coverage, and strategic urban planning. This initiative aims to create a cooler, more livable city for its residents.

Stay informed about Taiwan’s government-funded influenza vaccination program starting on March 5. All citizens aged six months and older are now eligible for flu shots to curb the spread of the flu post-lantern festivals. High-risk groups like seniors, preschool children, and medical staff are encouraged to get vaccinated promptly. Supplies are limited, with about 70,000 doses left as of Feb. 27. Vaccine effectiveness varies by age and health condition, ranging from 30 to 80 percent.

Miami-Dade County Commissioner Anthony Rodriguez praises Taiwan’s hospitality and cuisine during the 33rd annual Asian Cultural Festival in Florida, where Taiwan showcased its traditional culture through various elements like electronic music and puppet theater. Taiwan’s representative office in Miami offered calligraphy scrolls and high-mountain tea to promote the nation’s culture, with Director-General Chou Chi-yu expressing gratitude to the festival’s organizers for fostering cultural understanding. Rodriguez and Chou encouraged attendees to explore Taiwan’s vibrant cultural scene firsthand.