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  • Vice President Lai Ching-te explores AI and 5G with Quanta

    Vice President and President-elect Lai Ching-te’s visit to Quanta headquarters in Taipei to discuss AI and 5G applications with Chairman Barry Lam, as part of his ongoing industry exchange tour. The meeting highlighted Taiwan’s ICT industry success and Quanta’s pivotal role in seizing AI opportunities, reflecting critical decisions made by Lai during his tenure as premier.
    2024/03/26 16:14
  • Taiwan eyes membership in CPTPP with Canada’s support

    Learn about Taiwan’s bid to join the CPTPP and its potential impact on global trade and economic security. Taiwan’s efforts to strengthen supply chain cooperation with Canada and seek inclusion in the trade agreement are highlighted.
    2024/03/26 16:06
  • Taiwan premier tackles potential healthcare price collusion

    Taiwan Premier Chen Chien-jen takes steps to prevent price collusion in medical institutions, emphasizing government commitment to health rights equality. Ministry of Health and Welfare cancels upper limit for registration fees at clinics, allowing price adjustments according to market mechanisms. Fair Trade Commission to intervene in case of price collusion.
    2024/03/07 16:22
  • 蘋果再更新iPhone官方回收價 1平價機型逆勢上漲

    蘋果日前突襲線上發表全新M3版MacBook Air,隨後就調整了Mac舊換新的價格,近日官方則是針對iPhone舊機回收價格進行調整,是今年第2次調整iPhone舊換新的換購價格,其中iPhone 13 Pro Max的價格大跳水,一口氣被調降3000元。
    2024/03/07 13:26
  • Taiwan health minister assures control over medical fees

    The story discusses Minister of Health and Welfare Hsueh Jui-yuan’s remarks on the competition among Taiwan medical institutions and the potential impact on registration fees. The Ministry of Health and Welfare is shifting away from fixed fee recommendations, raising concerns about fee hikes. Hsueh emphasized the need for oversight to prevent collusion and unfair practices, particularly in regions with limited healthcare resources.
    2024/03/07 13:22
  • Experts positive on Taiwan’s export performance in 2024

    Taiwan’s currency faces depreciation as the Federal Reserve’s interest rate hikes continue. Experts weigh in on potential impacts on exports and inflation, with anticipation for future Fed decisions. Stay updated on Taiwan’s economic landscape.
    2024/03/05 17:32
  • US delegation meets Taiwan leaders amid regional tensions

    President Tsai Ing-wen and Vice President Lai Ching-te of Taiwan are set to meet with U.S. Select Committee on the CCP Chairman Mike Gallagher and a bipartisan delegation to discuss Taiwan-U.S. trade and the Indo-Pacific regional situation. The visit underscores the strong bipartisan support from the U.S. Congress for Taiwan and aims to deepen exchanges and cooperation for peace and prosperity in the Indo-Pacific region.
    2024/02/22 09:45
  • President Tsai Ing-wen launches 32nd Taipei Book Fair

    President Tsai Ing-wen inaugurates the 32nd Taipei International Book Exhibition (TiBE), promoting exploration through reading and knowledge. The event, themed "Catch the Reading Wave," showcases strategies to support the publishing industry and features 509 publishers from 34 countries. Attendees include Deputy Culture Minister Lee Ching-hwi and the Netherlands Office in Taipei director. The fair offers incentives like ticket discounts and free entry for readers under 18, with the Netherlands as the theme country, highlighting Dutch diversity and inclusivity.
    2024/02/20 16:43
  • Tsai Ing-wen touts Taiwan’s NT$2.17T investment success

    President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.
    2024/02/16 16:38
  • Taiwan’s exports hit top-three record despite 2023 dip

    Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.
    2024/02/15 10:49
  • Taiwan’s diplomatic dilemma: Guatemala eyes China for trade

    Taiwan’s ally Guatemala is considering establishing formal trade ties with China, according to the country’s Foreign Minister Carlos Ramiro Martinez. He proposed the creation of a ’trade representative office’ to assist Guatemalan products in finding a market in China. While many Central American countries have switched recognition to China, Guatemala remains one of the twelve countries that maintain diplomatic relations with Taiwan.
    2024/02/07 14:38
  • Trump vows to reinstate tariffs on China if reelected

    Former U.S. President Donald Trump pledges to reapply tariffs on Chinese goods, potentially exceeding 60%, if he wins the November presidential election. He offers no clear answer on whether he would assist Taiwan in the event of a Chinese attack. Trump plans on imposing a 60% tariff on Chinese goods, a number that may increase. He is leading in the Republican primary and is expected to face incumbent President Joe Biden in November. Trump imposed tariffs amounting to US$250 billion on Chinese imported goods during his term, sparking a trade war. Biden retained Trump’s tariff policy and banned the export of advanced semiconductors and semiconductor production equipment. Trump disputes rumors of another trade war with China, stating that he has handled all matters related to China well. He also criticizes Taiwan for taking semiconductor jobs from the U.S. and suggests imposing tariffs and trade barriers on Taiwan.
    2024/02/06 17:05
  • Premier Chen visits Taipei markets ahead of Lunar New Year

    Premier Chen Chien-jen and Acting Minister of Agriculture Chen Junne-jih inspect the trade of fruit, vegetables, and fisheries products at the Taipei Fish Wholesale Market and the First Fruit and Vegetable Wholesale Market in Taipei. The Ministry of Agriculture is increasing the supply of these products before the Lunar New Year, with vegetable supply expected to increase by over 38% daily, fruit supply by more than 73% daily, and fish product supply by at least 30% daily.
    2024/01/30 16:39
  • Taiwan eyes stronger ties with UK post-Brexit

    Following the United Kingdom’s departure from the European Union (EU), Taiwan’s representative to the UK, Vincent Yao, stated that Brexit has allowed the UK to establish closer economic ties with Taiwan, potentially helping Taiwan resist China’s attempts to isolate it. Taiwan is also increasingly investing in the UK, with the goal of becoming the UK’s primary trading partner in Europe. Additionally, strengthening UK-Taiwan trade relations could benefit the UK by providing access to Taiwan’s key industries, such as semiconductors. The bilateral relationship between Taiwan and the UK is reflected in the increase of UK government officials posted to Taiwan and the expansion of the UK office in Taipei. Collaboration between the two countries extends to areas such as artificial intelligence, offshore wind power, and electric vehicle batteries. However, there is still room for further development in bilateral cooperation.
    2024/01/30 12:41
  • 蘋果悄更新iPhone官方回收價 7年前舊機不降反漲

    蘋果每隔一段時間就會為「Apple Trade In換購方案」的價格表進行調整,而這份價格表也被認為是官方的二手回收機價,近日蘋果公布最新價格,多數機型的價格都縮水,當中有一款神機還被剔除,等於官方認證已無殘值。
    2024/01/18 15:04
  • DPP win may prompt escalated activities from Beijing

    Following the victory of the Democratic Progressive Party (DPP) in Taiwan’s presidential election, a report by the Asia Society Policy Institute (ASPI) suggests that Beijing might escalate activities in gray zone areas. The report highlights Taiwan’s increased geopolitical prominence and its pivotal role in semiconductor manufacturing, making the stability of the Taiwan Strait a key concern for the U.S. and other Western nations. The report also notes that Vice President Lai Ching-te won the election by over 40% of votes, breaking the trend of switching ruling parties every eight years since direct presidential elections were implemented in 1996. The victorious DPP aims to strengthen Taiwan’s defenses and relations with like-minded nations while resisting negotiations with Beijing. Additionally, the party seeks to reduce Taiwan’s trade dependency on China and strengthen ties with significant partners such as Australia, Europe, and Japan. With no party securing a majority in the legislative assembly, the DPP faces a "minority government and majority opposition" scenario, which could hinder the government’s legislative and budgeting process and impact Taiwan-U.S. ties. Despite the election, cross-strait relations and regional tensions are unlikely to undergo fundamental changes. Taiwan’s vital position in semiconductor manufacturing and geopolitics ensures its continued rise in importance, with the U.S. and Western nations playing a crucial role in maintaining stability in the Taiwan Strait. The upcoming U.S. presidential election in November is expected to significantly impact the U.S.-China-Taiwan triangle, and a potential return of former President Trump to the White House might please Beijing, according to the report.
    2024/01/18 10:27
  • DPP’s Lai Ching-te vows to make Miaoli a tech hub

    DPP presidential candidate Lai Ching-te visits Miaoli, expressing his plans to develop the region’s tourism and technology sectors. Lai campaigns with legislative candidate Tseng Wen-hsueh, emphasizing balanced construction plans for all of Taiwan. Lai praises Tseng’s dedication and support during the Cross-Strait Service Trade Agreement protest. Lai also visits Zhunan Township, supporting legislative candidate Kang Shih-ming for his work ethic and dedication as town chief.
    2024/01/07 17:21
  • Natixis: Taiwan’s economy set for growth amid 2024 election

    The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.
    2024/01/06 17:16
  • Report: Hou Yu-ih’s victory could ease Taiwan-China tensions

    If Kuomintang (KMT) candidate Hou Yu-ih wins the election, Taiwan’s political and economic situation could undergo significant changes, potentially easing tensions with China, according to a report by Nikkei Asia. Hou, a former police officer, has risen quickly in the political scene and is seen as a "law and order" poster child. Many Taiwanese voters are tired of President Tsai Ing-wen’s eight-year reign, especially regarding the increasing threat from China and slowing economic growth. Hou frames the election as a choice between peace and war, emphasizing the need to maintain good cross-strait relations. He accepts the 1992 Consensus and promises to restart the Cross-Strait Service Trade Agreement (CSSTA). Additionally, Hou advocates for a tough stance against crime and opposes the abolition of the death penalty, vowing to execute capital punishment if elected.
    2024/01/06 16:09
  • President Tsai stresses diversification amid ECFA concerns

    President Tsai Ing-wen criticizes China’s one-sided trade barriers and emphasizes that bilateral trade relations should not be used as a political tool in her New Year’s address. The tariff preference for certain products under the Economic Cooperation Framework Agreement (ECFA) has been suspended as of Jan. 1, 2024. Tsai notes China’s intervention in elections and expresses confidence in the people of Taiwan to make wise decisions. She argues that Taiwan’s industries already have global exposure and are gradually reducing reliance on China. Tsai believes that while the economic benefits of the ECFA are limited, diversifying risks and global positioning are important for Taiwan’s industries. She highlights that China often imposes unilateral trade barriers on other countries for political reasons, citing examples of punitive tariffs and import bans on Lithuania and Australia due to their friendly relationship with Taiwan and criticism of China’s human rights policy in Xinjiang.
    2024/01/02 12:04
  • Lai Ching-te slams KMT’s outdated policies in 2024 debate

    In this story, Democratic Progressive Party (DPP) presidential nominee Lai Ching-te criticizes the outdated policy views of Kuomintang’s (KMT) presidential candidate, Hou Yu-ih, during a presidential debate. Lai emphasizes the need for abandoning outdated policies and upgrading past efforts to comprehend and master the rapidly changing world. He outlines his policy principles, including boosting national projects, enhancing defense, economic and democratic ties, and maintaining dignified, equal cooperation with China. Lai believes that the 2024 presidential election will determine whether Taiwan aligns with democracies or authoritarian entities, and he highlights that voting for him and his running mate Hsiao Bi-khim is the only option to continue collaborating with democratic allies.
    2023/12/30 19:17
  • MOFA counters criticism on Taiwan’s stalled FTAs

    The Ministry of Foreign Affairs (MOFA) has stated that Beijing is working to isolate Taiwan globally in response to criticisms made by Kuomintang (KMT) presidential candidate Hou Yu-ih regarding Taiwan’s stagnant free trade agreements (FTA). During a presidential policy presentation, Hou criticized the Democratic Progressive Party (DPP) for its unsatisfactory economic performance and the lack of progress in bilateral and multilateral trade agreements. MOFA emphasized Taiwan’s commitment to global economic integration and bilateral economic cooperation, but highlighted the interference from China. MOFA believes that Taiwan’s ability to participate effectively in economic integration depends on its strength and global connections, especially as countries like the U.S. and European nations reassess their economic risks with China. MOFA urges all Taiwanese, regardless of political affiliation, to unite and enhance cooperation with like-minded nations in the face of external challenges.
    2023/12/30 17:19
  • Evergreen, Yang Ming hold off to resume Red Sea route

    Taiwanese shipping companies Evergreen Marine Corp. and Yang Ming Marine Transport Corp. have chosen not to resume their Red Sea route following Maersk’s decision to do so. Maersk reinstated the route due to the "Red Sea crisis" caused by increased violence from Yemen’s Houthi rebels. The deployment of the multinational naval task forces under the U.S.-led Operation Prosperity Guardian (OPG) has allowed maritime trade to pass through the Red Sea/Gulf of Aden and resume using the Suez Canal. However, Maersk warns that the overall risk in the region has not been eliminated. The decision has led to concerns about container prices and resulted in a decline in Evergreen and Yang Ming’s stock prices. Freight rates for European and American shipping liners saw a significant increase after Maersk’s announcement.
    2023/12/26 18:31
  • Taiwan’s MOL reports surge in furloughed workers

    The Ministry of Labor reported a significant increase in the number of furloughed workers, with the manufacturing industry being the most affected. The labor ministry also predicted a high demand for labor in the accommodation and food services industry and the wholesale and retail trade sector. The global labor shortage crisis has led to businesses implementing solutions such as cross-training to boost productivity. The Regent Taipei successfully reduced its labor shortage rate through cross-training and creating a positive work environment. Fair wages and a positive work environment are believed to be key factors in employee retention.
    2023/12/26 15:52
  • Taiwan can win international trust, says DPP’s Hsiao

    DPP vice-presidential candidate Hsiao Bi-khim expressed confidence in Taiwan’s ability to gain international trust and recognition despite global pressures. She emphasized the importance of maintaining a diplomatic balance, using the analogy of a cat’s sense of balance. Hsiao also highlighted the need for a fair and balanced Taiwan-U.S. trade relationship. She believes that promoting mutual benefits between Taiwan and the U.S., including in areas of national security and economics, will safeguard Taiwan’s democratic freedoms. Hsiao acknowledged the differences between Taiwan and Israel but suggested that Taiwan could learn from Israel’s innovations in military training. She also emphasized the extension of compulsory military service in Taiwan to ensure peace and build strength.
    2023/12/26 11:39
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