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  • 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 nears completion of chip center with Czechia

    Taiwan’s Ministry of Foreign Affairs (MOFA) is nearing the completion of a five-year agreement with Czechia to establish an advanced chip design center, enhancing semiconductor capabilities. Amidst controversy over funding and accusations from the Taiwan People’s Party (TPP), MOFA clarifies the project’s goals and budgeting, emphasizing the initiative’s focus on leveraging Taiwanese technology to bolster Czechia’s semiconductor industry and expand European business opportunities for Taiwanese companies.
    2024/04/24 17:11
  • Taiwan and US see rise in vending machine use

    Explore how vending machines are becoming a more common sight in Taiwan and the US, offering a variety of refreshments and conveniences from frozen treats to hot meals, with some incorporating AI for improved functionality.
    2024/04/23 17:05
  • Earthquake in Hualien causes hotel to tilt

    Discover the aftermath of a magnitude 6 earthquake in Hualien, Taiwan, with significant impacts on local infrastructure, including the tilting of the Fouquet Hotel and the collapse of the Tong Shuai Building. Learn about the ongoing efforts to prevent further damage, the effect on local businesses, and the community’s response to ensure safety amidst continuous aftershocks.
    2024/04/23 13:20
  • Food vendors absorb electricity costs, fearing price hikes

    Lukang Old Street Business District chairperson Huang Shih-chieh expresses concern over rising electricity costs and their impact on food vendors, who may absorb cost increases to avoid raising prices due to declining consumer purchasing power, potentially leading to a vicious inflation cycle.
    2024/04/15 17:25
  • Digital Minister unveils plan to combat fraud and scams

    Digital Minister Audrey Tang announced on Friday (April 12) that the Ministry of Digital Affairs (MODA) plans to launch an act that punishes frauds and scams in collaboration with the Ministry of the Interior next week. Furthermore, to discuss AI-related concerns, MODA is organizing an online meeting next week with major players in the business, including Meta, Google, Microsoft, and Open AI.
    2024/04/12 17:41
  • Taiwan announces 665 job openings in state-owned enterprises

    Taiwan’s Ministry of Economic Affairs announces recruitment for 665 positions across Taiwan Power Company, CPC Corporation, Taiwan Sugar Corporation, and Taiwan Water Corporation, with starting salaries of NT$41,000 to NT$42,000. Examination details for roles in 23 categories, including electrical engineering and business management, to be released online, offering a path to salary growth for top performers.
    2024/04/12 11:02
  • Electricity price hike to drive up costs: business heads

    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.
    2024/03/28 17:59
  • Taiwan’s economy glows green for stability in February: NDC

    Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.
    2024/03/28 17:54
  • Taiwan businesses prioritize swift action for profitability

    Read about the latest insights from the 2024 Taiwan Business Leadership Survey by PwC Taiwan. Discover how Taiwanese business leaders are navigating challenges and opportunities in a rapidly changing economic landscape, with a focus on sustainability, competition, and transformation. Gain valuable perspectives on the future outlook and industry-specific trends shaping Taiwan’s business environment.
    2024/03/27 16:52
  • S Hotel undergoes major rebranding and ownership shift

    Discover the latest on the rebranding of the S Hotel in Taipei, owned by Wang Xiaofei, ex-husband of Taiwanese actress Barbie Hsu. Reports suggest it may soon be known as "MGallery" on Dunhua Road, following Wang’s transfer of ownership to the French multinational Accor Group.
    2024/03/27 10:06
  • Taipower debunks myths about skyrocketing electricity bills

    Taiwan Power Company (Taipower) clarifies that specific household appliances do not lead to a monthly electricity bill increase of NT$10,000. Learn about time-of-use rates, energy-saving subsidies, and progressive billing for residential and business electricity consumption.
    2024/03/25 13:45
  • 盤點黃仁勳皮衣「蜥蜴壓紋款」28萬最貴 外媒也認證它最上相

    晶片大廠輝達(NVIDIA)創辦人、「AI教父」黃仁勳以身穿「黑色皮衣」聞名,他曾表示,這身打扮是妻子與女兒打理,皮革外套比較不容易讓皮膚過敏,很喜歡這質地,已這麼穿至少20 年。外媒《商業內幕》(Business Insider)發現,2017年以來,黃仁勳共穿過6件皮衣,並評選出其中「最上相」的款式。
    2024/03/21 13:02
  • Foxconn predicts triple-digit growth in GPU module business

    Foxconn’s Chairman Liu Young-way announces significant growth for the company due to increased generative Artificial Intelligence (AI) applications. Foxconn’s leading position in the AI server market is highlighted, with plans for growth in GPU module and AI server businesses. The company’s cloud network products are experiencing strong growth, with a focus on electric vehicles as well. Liu’s trip to the U.S. for the Nvidia GTC conference aims to showcase Foxconn’s new collaboration model. Shared prosperity and dedication to profits are emphasized in the company’s philosophy.
    2024/03/15 15:39
  • CNN主持人:台灣從全球最危險「變更危險」 爆大戰美中台皆輸

    美國CNN節目主持人札卡利亞(Fareed Zakaria),近日播出一檔特別節目「台灣:未竟之業(Taiwan:Unfinished Business)」,探討台海兩岸的複雜歷史和當前的緊張事態,並發表文章社論「The world’s most dangerous place has only gotten more dangerous」(世界最危險的地方,只會變得更危險)。札卡利亞也指出,目前中美關心的核心,就在於台灣問題。
    2024/03/13 11:56
  • Taiwan’s MOE ends independent university admissions in 2024

    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.
    2024/03/06 18:19
  • NCKU tops job bank’s university rank for business favorites

    Discover the latest job bank survey results ranking Taiwan’s favorite universities for businesses. National Cheng Kung University leads the list, followed by National Taiwan University and National Yang Ming Chiao Tung University. Private institutions like Tamkang University and Fu Jen Catholic University also make the top ranks. Learn how these universities integrate digital skills and industry disciplines to nurture diverse talent.
    2024/02/27 17:01
  • Cinemark Ximending to shut doors after 25 years

    The Cinemark Theater in Ximending, Taipei, will close its doors on March 31 after 25 years of operation, citing environmental factors. The closure marks the end of all Cinemark locations in Taiwan, with plans to transition to a new business model, "Cinemark CMK Park," by 2026.
    2024/02/27 17:00
  • 年薪474萬元 在全美15座大城市仍淪為「下層中產階級」

    福斯商業(Fox Business)新聞網23日報導的最新統計報告顯示,在美國生活成本最高的15個城市,儘管年薪達15萬美元(約台幣474萬元),仍很難過上有餘裕的生活,只能被歸類在「下層中產階級」(lower middle class),包括加州、維吉尼亞州、華盛頓州及亞利桑那州等。
    2024/02/25 14:28
  • Taiwan High Speed Rail hits record 73 million riders in 2023

    Taiwan High Speed Rail (THSR) achieved record-breaking success in 2021, transporting 73.08 million passengers and generating NT$49.8 billion in revenue. THSR aims to surpass NT$50 billion this year, attributing its growth to changes in commuting behavior post-pandemic and enhanced services like frequent ventilation for pandemic prevention. The surge in passenger willingness to use THSR has led to increased travel numbers, with a peak of 310,000 passengers in a single day during the Lunar New Year holiday. THSR serves various purposes, including commuting, business, homecoming, and tourism, with 4.02 million people utilizing the high-speed rail for tourism last year. Additional trains and service enhancements have been implemented to encourage passengers to travel during off-peak hours.
    2024/02/22 17:42
  • Taiwanese airlines add more flights to Kyushu region

    Explore the economic ripple effects of TSMC’s new fab in Kumamoto, Japan, on local markets and Taiwan’s airline industry, with increased flights and market potential for business and tourism.
    2024/02/20 16:39
  • Taiwan’s Chinese medicinal herb stores face challenges

    Learn about the decline in Taiwan’s Chinese medicinal herb stores as generational shifts impact the industry. Explore how some shops are innovating amidst challenges in licensing and education.
    2024/02/15 17:44
  • The Body Shop Taiwan assures business as usual

    The Body Shop Taiwan declares independence from its British subsidiary following the latter’s administration announcement. The strategic change in the UK is not expected to impact the operations of the Taiwan branch, which will continue business as usual. Consumers’ rights and interests will remain unaffected.
    2024/02/15 14:32
  • Formosa Plastics invests NT$318M to upgrade heavy industries

    Formosa Plastics Corporation will invest NT$318.03 million into Formosa Heavy Industries to expand its business operations. The corporation plans to spend NT$59.58 million on two designation projects and two initiatives to upgrade manufacturing processes. The decision is a response to the impact of China’s "Refining-chemical integration" endeavor, which has caused a dip in demand for petrochemicals and plastics. By enhancing equipment, Formosa Plastics aims to increase carbon fiber and PVC production capabilities, anticipating a positive market boost. Despite reduced shipping days during the Lunar New Year, the company projects a seasonally high-demand period post-Lunar New Year. With lower inflation in Western countries and growing consumer confidence, the market is expected to warm up.
    2024/02/07 16:52
  • Taoyuan Mayor gifts lucky bags for New Year festivities

    Taoyuan Mayor Simon Chang distributed "Year of the Dragon" lucky bags at the city hall on the final working day before the Lunar New Year. The bags featured a dragon enfolded in peach blossoms, symbolizing prosperity and good fortune. Each bag contained a one-dollar coin bundled with a red cord, believed to ward off evil and disasters. The lucky bags were labeled "Dragon’s Peace" and represented gathering wealth, good luck, and auspiciousness. Mayor Chang shared the bags with city hall staff, janitors, security guards, and the public passing by for business.
    2024/02/07 16:21
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