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AI integration crucial for Taiwan’s industry competitiveness
Taiwan’s tech exports thrive, but traditional sectors face AI challenges, says TAITRA’s Huang. Taiwan-U.S. tariff talks near completion. Safety concerns in Iran persist.
2026/01/15 15:15
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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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Experts divided on benefits of Taiwan’s proposed tariff cuts
Taiwan’s tariff talks with the U.S. impact its auto industry, facing challenges despite a 7.65% export growth. Experts urge clarity as tax reforms loom.
2025/06/17 20:01
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Taiwan machinery sector calls for relief as tariffs bite
TAMI urges political parties to engage in rational discourse over a NT$100 billion subsidy for Taipower. The plan aims to stabilize electricity prices amid U.S. tariff uncertainties affecting Taiwan’s machinery industry.
2025/05/13 17:08
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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 dollar rise challenges export industries
The Taipei Computer Association chairman warns that the New Taiwan dollar’s rise challenges Taiwan’s export industries. He urges a shift to high-value sectors.
2025/05/06 19:00
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Strong Taiwan dollar threatens exports, warns opposition
Eric Chu, chairman of the Kuomintang, warns Taiwan of economic challenges due to the New Taiwan dollar’s appreciation. He criticizes the DPP for not addressing key issues like tariffs and factory relocations. Chu highlights a potential U.S. debt crisis and its impact on Taiwan’s economy.
2025/05/06 17:00
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Taiwan bans preventive layoffs amid US tariff uncertainty
Taiwan’s labor minister, Hung Sun-han, announced plans to support traditional manufacturing industries hit by U.S. tariffs. The government aims to protect over 100,000 workers with NT$15 billion in subsidies, focusing on employment stabilization and aiding recent graduates.
2025/04/23 19:00
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Taiwan aims for alliance with U.S. amid supply chain shifts
U.S. President Trump suspends tariffs on 75 countries, excluding China, for 90 days. Taiwan faces a 32% tariff, impacting industries. Taiwan seeks U.S. talks.
2025/04/10 15:17
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U.S. tariffs could cut Taiwan’s GDP by 2.5%, says economist
DBS Bank economist Ma Tieying highlights Taiwan’s economic vulnerability to U.S. tariffs, affecting GDP by 2.5 percentage points. Taiwan’s exports, especially in tech, face challenges, but growth forecasts remain steady.
2025/04/09 15:09
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CDRI warns of risks in delaying digital shift
CDRI Chairman Hsu Tain-tsair warns Taiwan’s business sector of structural decline without digital transformation. U.S.-China tensions and Trump’s policies present both challenges and opportunities.
2025/01/14 10:23
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Taiwan minister urges balanced view on ESG focus
Environmental Minister Peng Chi-ming urges a balanced approach to ESG focus, warning against rapid wealth-seeking via carbon credits. He highlights uneven carbon reduction across industries and challenges in meeting 2035 targets due to climate fund uncertainties.
2025/01/10 15:59
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Taiwan’s 2024 export orders may hit US$588.1 billion
Taiwan’s export orders hit US$52.27 billion in November, a 3.3% rise but below expectations. MOEA forecasts strong growth in December amid tech demand and geopolitical challenges.
2024/12/20 16:39
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Labor ministry reports rise in workers on reduced hours
Taiwan’s Ministry of Labor reports 302 companies cut work hours, affecting 4,705 workers. Export declines and slow tourism recovery impact employment.
2024/10/16 13:41
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MOA says impact of China’s tariff policy change manageable
Discover how Taiwan’s Ministry of Agriculture responds to China’s decision to end tariff exemptions for 34 Taiwanese agricultural products, aiming to mitigate impact and diversify export markets.
2024/09/19 10:18
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Vice President Hsiao celebrates shared values with Guatemala
Discover how Taiwan and Guatemala celebrate their shared values of freedom and democracy, and their commitment to facing global challenges together. Read about the nations’ economic ties and future collaboration plans.
2024/09/12 10:29
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Taiwan’s machine tool exports dip amid global challenges
Explore the impact of geopolitical risks, trade frictions, and inflationary rate hikes on Taiwan’s machine tool exports in April, as reported by the TMBA, with a significant decline in export value compared to the previous year and the preceding month, highlighting the global economic challenges faced by the industry.
2024/05/09 17:14
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President Tsai promises support for Taiwan’s industry growth
President Tsai Ing-wen commits to supporting Taiwan’s industry development, highlighting the country’s export success and plans for post-pandemic recovery. Tsai vows to deepen global economic ties, recognizing the National Importers & Exporters Chamber of Commerce’s role in driving economic growth amidst challenges. Taiwan aims to enhance international competitiveness through agreements with the U.S., U.K., Canada, and others, promoting a prosperous future for Taiwanese industries.
2024/05/06 17:18
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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
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Hong Kong’s trade dynamics shift: decline with Taiwan
Discover the latest trade dynamics in Hong Kong as March 2024 figures reveal shifts in exports and imports with Asian partners, highlighting significant growth and declines with key countries, amidst geopolitical and financial challenges.
2024/04/26 13:16
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KMT’s Hou slams DPP’s ECFA ’poison pill’ claims
Kuomintang (KMT) presidential contender Hou Yu-ih criticizes the ruling Democratic Progressive Party’s (DPP’s) past claims about the Economic Cooperation Framework Agreement (ECFA) and cross-strait communication. He questions the DPP candidate’s analogy of "three links" and direct flights to a "Trojan horse leading to a massacre" and challenges the Agriculture Minister’s role in Chinese approvals for Taiwan’s grouper fish export. Hou argues that unresolved quarantine issues could harm Taiwanese farmers and suggests direct negotiations with China. He also criticizes Lai’s "Taiwan independence" stance, claiming it lacks practical understanding of cross-strait relations. If elected, Hou promises to continue ECFA negotiations to reduce China’s tariffs on Taiwan’s industries. He believes that adhering to the Constitution and the Act Governing Relations between Taiwan and China will maintain peace between the straits.
2023/12/26 16:44
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Taiwan’s manufacturing sector struggles amid economic slump
Amid economic challenges, Taiwan’s manufacturing sector grapples with reduced work shifts due to declining foreign orders. Labor violations surge in New Taipei, with the sector eyeing revival as export orders show promise.
2023/09/12 18:53