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Taiwan targets AI integration for 1 million SMEs by 2040
President Lai Ching-te launched the AI New Ten Major Constructions Tour, focusing on silicon photonics in Hsinchu. The initiative aims to integrate AI into 1 million SMEs and create a trillion-dollar software platform by 2040, enhancing Taiwan’s tech edge.
2025/12/19 16:00
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Taiwan dismisses The Economist currency manipulation claims
Taiwan’s Economic Affairs Minister Kung Ming-hsin defends the nation’s economic health, countering claims of currency undervaluation by The Economist. Taiwan’s Central Bank also disputes the report, emphasizing diverse factors affecting exchange rates.
2025/11/21 18:00
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Taiwan central bank denies currency appreciation reports
Taiwan’s central bank refutes claims of the New Taiwan dollar appreciating to NT$30.2 by year-end. It stresses market stability and warns against speculative reports.
2025/11/05 08:00
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Taiwan announces NT$50 billion plan to redesign bank notes
Taiwan’s central bank plans to redesign New Taiwan dollar banknotes by 2028, costing NT$5 each. The move aims to enhance security and sustainability.
2025/10/28 17:14
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Taiwan to redesign banknotes with eco-friendly materials
Taiwan’s Central Bank plans to redesign New Taiwan dollar banknotes, enhancing security and sustainability. The new notes will feature eco-friendly materials and improved accessibility.
2025/10/22 13:00
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Taiwan’s economy forecast jumps to 5.45% on AI demand
Taiwan’s 2025 economic growth forecast rises to 5.45% due to AI boom and strong exports, surpassing IMF’s 3.7% prediction. Inflation is set at 1.81%.
2025/10/17 14:00
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Taiwan advances virtual asset law amid stablecoin interest
Taiwan’s FSC advances a draft law on virtual asset services, aiming for legislative review. The law covers digital asset auditing and stablecoin issuance.
2025/08/27 18:00
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Fitch warns Taiwan insurers face currency volatility risks
Fitch Ratings warns Taiwanese life insurers face challenges from New Taiwan dollar fluctuations. Insurers urged to improve risk management and diversify assets.
2025/08/27 07:00
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Taiwan central bank defends market-driven exchange rates
Minister J.W. Kuo discusses stabilizing the New Taiwan dollar’s exchange rate with the central bank. The bank stresses market-driven rates and plans to intervene if needed.
2025/08/21 11:00
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New Taiwan dollar surges over 10% since April
The New Taiwan dollar has surged over 10% since April, reaching levels from four years ago. Experts predict narrowed fluctuations and a 3.02% economic growth rate.
2025/07/25 19:00
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Taiwan mayor warns of triple threat to export economy
Taichung Mayor Lu Shiow-yen warns of tariffs, exchange rates, and energy issues threatening Taiwan’s economy. She urges immediate solutions to prevent severe impacts on businesses.
2025/07/16 17:00
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TSMC set to report record 52% profit surge despite hurdles
Taiwan Semiconductor Manufacturing Co. is set to announce a record 52% profit surge for Q2, despite U.S. tariffs and a strong New Taiwan dollar. Learn more about TSMC’s financial performance and outlook.
2025/07/15 18:24
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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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Pegatron chair warns of currency pressure on exports
Pegatron Chairman T.H. Tung discusses Taiwan’s thriving export economy and its impact on the New Taiwan dollar at a forum. He urges government support for traditional industries facing currency challenges.
2025/07/03 06:00
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Taiwan dollar hits 3-year high amid central bank action
The New Taiwan dollar hit its highest level since June 2022, opening at 29.360 against the U.S. dollar. Analysts watch the Taiwan Central Bank for intervention.
2025/06/26 16:31
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Taiwan sees oil price hikes as temporary economic concern
The Central Bank of Taiwan reports that recent oil price hikes are temporary, with limited impact on domestic prices. It will monitor trends to ensure economic stability.
2025/06/25 06:00
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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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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 chairman addresses profit squeeze from stronger Taiwan
TSMC Chairman C.C. Wei addresses the impact of the New Taiwan dollar’s appreciation on profit margins, emphasizing technological leadership and strategic growth amid currency and tariff challenges.
2025/06/03 14:00
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Taiwan dollar rise creates winners, losers across industries
The New Taiwan dollar’s surge boosts foreign confidence but challenges exporters. Logistics shift routes, and insurance faces losses. Experts weigh benefits and risks.
2025/06/02 17:47
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Taiwan dollar strengthens as economy shows resilience
Taiwan’s Central Bank reports the New Taiwan dollar has stabilized, appreciating against the U.S. dollar. Factors include trade surpluses and monetary policies.
2025/06/02 16:00
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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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Strong New Taiwan dollar challenges machinery profits
Taiwan’s machinery exports rose 7.7% in April, reaching US$2.422 billion, despite challenges from a strong New Taiwan dollar. The U.S. remains the top market.
2025/05/09 23:00
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Taiwan’s currency rise may impact tourism trends
Transportation Minister Chen Shih-kai discusses the New Taiwan dollar’s impact on tourism, noting potential long-term effects. The Tourism Administration will monitor trends.
2025/05/08 19:00
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Taiwan central bank denies US pressure on currency
Taiwan’s Central Bank Governor Chin-Long Yang addresses concerns over currency fluctuations, denying U.S. pressure to appreciate the New Taiwan dollar. The bank clarifies its non-involvement in U.S.-Taiwan trade talks and dismisses media speculation on the Mar-a-Lago Accord.
2025/05/08 13:00