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    Price Increase 結果共45筆

  • Taiwan to raise railway fares by 35% after 29-year freeze

    Taiwan Railway is set to raise fares by 35.62% after 29 years, with short-distance routes like Taipei to Banqiao seeing the largest increases. The fare hike is expected next year, pending government approval.
    2024/09/10 17:39
  • Taiwan’s labor ministry to review minimum wage on Wednesday

    Discover the details of Taiwan’s first minimum wage review meeting set for Wednesday, with a potential 4% increase discussed, aiming for the ninth consecutive year of wage hikes.
    2024/09/02 15:59
  • Taiwan’s transport minister denies 40% rail fare hike claim

    Discover the truth behind the rumored 40% increase in Taiwan Railways Administration ticket prices. Minister Li Men-yen clarifies the situation and outlines the government’s plan for fare adjustments.
    2024/08/19 11:15
  • Taiwan stock market soars, led by TSMC’s strong performance

    Discover how Taiwan’s stock market, led by TSMC, surged, marking a significant rally with a 3.51% increase and breaking records. Learn about the impact of U.S. market trends on this growth.
    2024/08/07 11:16
  • Taiwan’s egg farmers face challenges after Typhoon Gaemi

    Discover how Typhoon Gaemi and other factors have led to a significant increase in egg prices in Taipei, with a detailed analysis of the current supply and demand situation.
    2024/07/28 20:00
  • Bafang Dumpling announces price hike due to rising costs

    Discover how Bafang Dumpling is adjusting its prices due to rising costs and labor shortages, while keeping some favorites unchanged. Learn more about their commitment to quality.
    2024/07/09 13:26
  • Panadol prices to rise by up to 10% in Taiwan from July

    Discover how the price of Panadol in Taiwan is set to rise by 8% to 10% in July due to increased electricity costs, as stated by Shen Tsai-ying of the Taiwan General Medical Practitioners Association. Learn about the impact of COVID-19 on demand and alternatives to consider.
    2024/06/21 14:27
  • Din Tai Fung raises menu prices by 6% amid rising costs

    Discover how Din Tai Fung’s recent price hike, affecting 80% of its menu including favorites like xiaolongbao, is a response to rising operational costs. Learn about the restaurant’s efforts to balance quality with increased labor expenses and how other Chinese cuisine chains are also adjusting prices.
    2024/06/14 16:11
  • Taiwan Railway eyes first fare hike in nearly three decades

    Explore the potential fare increase for Taiwan Railway Corporation as Deputy Minister Allen Hu announces a comprehensive review to adjust ticket prices after 29 years, amidst discussions on improving train punctuality and addressing the TRC’s financial sustainability.
    2024/05/06 13:46
  • Taiwan medical costs soar 4.47% in March, reach 18-year high

    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.
    2024/04/10 17:16
  • Prices rise faster in Taiwan, inflation perception sharpens

    Explore how Taiwan’s core inflation cycle has dramatically shortened from an average of 17.19 months to just under 8 months over recent years, leading to a significant shift in public perception towards inflation. This change is attributed to various factors, including the pandemic, geopolitical risks, and climate change, affecting the country’s inflation trend and resulting in a discrepancy between public feeling and official statistics.
    2024/04/08 18:14
  • Price surge alert: from electricity bills to zoo tickets

    Stay informed about the latest developments in Taiwan as electricity prices, lunch box prices, Taipei Zoo admission tickets, and license taxes are set to increase starting April 1. Make sure to plan ahead for these changes to your monthly expenses.
    2024/04/01 17:56
  • Taiwan’s political parties clash over power costs

    DPP Legislator Rosalia Wu questions Legislative Yuan’s responsibility in case of Taipower collapse, prioritizing people’s livelihoods. KMT and TPP propose freezing electricity price hikes amidst Ministry of Economic Affairs’ decision to increase prices by 11% on April 1. DPP counters with cross-party negotiation pullback to address unreasonable proposals.
    2024/03/29 12:13
  • 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
  • Taichung battles rising costs amid electricity price hikes

    Taichung Mayor Lu Shiow-yen addresses the impact of rising electricity prices on the city’s annual costs, emphasizing the need to safeguard public transportation and essential services from the effects of the 11% price hike set to take effect in April. The Taichung Metro company plans to mitigate the anticipated 14% increase through cost-saving and energy-efficient measures.
    2024/03/25 13:47
  • Taiwan holds steady on water prices amid economic debate

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, addresses concerns over potential water and electricity price hikes. Wang assures no immediate plans for water price increases and remains cautious on addressing the issue. Legislators advocate against compounding effects of electricity rate hikes and warn of potential inflation spikes. Discussions continue on balancing household electricity costs and industry consumption subsidies.
    2024/03/13 19:11
  • Taiwan mulls subsidies to offset electricity price hike

    Taiwan’s Minister of Economic Affairs Wang Mei-hua discusses ongoing discussions of the Electricity Pricing Working Group and potential budgetary subsidies amid pressure for an electricity price increase in April. The government seeks to balance the needs of citizens and enterprises as it navigates potential adjustments to electricity prices. Stay tuned for further updates on the final subsidy and price adjustment plan.
    2024/03/13 16:03
  • Taiwan braces for electricity price hike amid inflation woes

    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.
    2024/03/13 15:28
  • TSMC stocks hit record high, market value surpasses NT$20T

    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.
    2024/03/08 10:18
  • HeySong Sarsaparilla price hike: First in over a decade

    HeySong Corporation, a Taiwanese company, has announced price adjustments for some of its products after 10-20 years of unchanged prices. The adjustments, set to take effect in March, will see prices increase by 10-20%. The most notable increase will be for the popular 330-milliliter HeySong Sarsaparilla, which will surge by up to 25%. The company attributes the price adjustments to rising costs of raw materials, packaging, transportation, and personnel. The recommended retail price adjustments will mainly affect packages less than one liter, with some increasing by NT$4 and others by NT$5-6. Other beverage brands, such as Taisun Enterprise, have also indicated rising drink prices due to increased international raw material costs. The King Car Group had already adjusted the price of its Pocari Sweat drink in November 2020, marking the first price adjustment in 17 years. Public opinion on the price changes seems to be accepting, with many stating that they understand most products are experiencing price increases as long as the surge isn’t too high.
    2024/02/17 11:21
  • Taipei boosts lunch aid for needy students amid price hikes

    Taipei City Government to increase lunch subsidies for underprivileged high school and vocational students from NT$55 to NT$65 per day in response to rising prices. The expanded subsidy scope now includes first- to third-year specialist college students. Approximately 17,500 students are expected to benefit from this program, with a budget of NT$8.5 million allocated for lunch expenses.
    2024/02/15 13:37
  • Taipei Zoo admission fees to rise starting April

    Taipei Mayor Chiang Wan-an announced that ticket prices for Taipei Zoo will increase from April 1. The current standard entrance price is NT$60, with discounted tickets at NT$30. However, starting April 1, non-Taipei residents will pay NT$100 per ticket, while student discounts will be raised to NT$50 regardless of residency. Children under 12 and elderly Taipei residents will still have free admission. Group tickets for organizations purchasing for more than 30 people will have a preferential price of NT$70 per person. The increased prices will contribute to improved animal welfare initiatives, and Taipei Zoo expects the price adjustment to increase the city’s revenue by about NT$41 million. The zoo recently underwent an evaluation by the Association of Zoos and Aquariums, with funds raised from the revised ticketing primarily going towards enhancing animal welfare and strengthening international relations and exchanges.
    2024/02/07 12:06
  • Supermicro stock soars after surpassing financial forecasts

    Supermicro, the U.S.-based server and computer manufacturer, experienced a stock price surge of over 10% during after-hours trading on Jan. 29. This increase followed the release of the company’s financials for the October-December 2023 period, which exceeded market expectations. Supermicro upgraded its full-year revenue outlook for the 2024 fiscal year from US$10-11 billion to US$14.3-14.7 billion. The current quarter’s sales estimate is US$3.7-4.1 billion, with an adjusted earnings per share of US$5.20-US$6.01. Net sales for the company have more than doubled from US$1.8 billion in the same period last year to $3.66 billion, surpassing the market estimate of US$3.42 billion. Supermicro CEO Charles Liang attributed the company’s success to winning new partners and the increasing demand for its optimized AI computer platforms and comprehensive IT solutions.
    2024/01/30 17:46
  • LINE Pay soars 195% in market debut, hits NT$1030

    LINE Pay, a mobile payment provider, had a successful over-the-counter market debut in Taipei, with shares soaring 195% from the listing price of NT$348 to a record high of NT$1030. The company’s financial documents reveal a capital of NT$600 million and earnings per share of NT$8.04 in 2022. LINE Pay’s revenue for 2022 reached NT$3.62 billion, demonstrating consistent growth over the past four years. With over 500,000 payment locations and more than 7 million active users out of 12 million customers in Taiwan, LINE Pay predicts that its revenue will increase to NT$4.78 billion in 2023. Notably, nearly half of the population in Taiwan are LINE Pay users. In terms of revenue share in 2023, transaction fee income accounted for 83%, financial promotion collaborations for 12%, and marketing product sales for 5%, according to LINE Pay’s statement.
    2024/01/26 17:23
  • Taiwan announces CPI Increase, supports 4% pension hike

    Taiwan’s Executive Yuan spokesman, Lin Tzu-lun, announced that the Consumer Price Index (CPI) rose by 2.71% in December 2023. Due to the CPI surpassing the legal threshold for two consecutive years, the government supports increasing stipends for retired military, civil, and education personnel by at least 4%. Fixed pension benefits for these individuals will be adjusted to account for inflation. The Executive Yuan has allocated NT$4.4 billion in the 2024 central government budget as a reserve fund for price fluctuations. The necessary adjustment mechanisms have been initiated, with a specialized assessment panel deliberating on the rate adjustment. The government aims to complete the related processes and backtrace the adjustments to January 1, 2024, to ensure the living standards of retired personnel.
    2024/01/06 15:59
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