costs of living 結果共13筆

Discover how Taiwan’s Legislative Yuan voted to halt a planned electricity price hike, a decision driven by public concern over rising living costs and the complexities of energy policy.

Taiwan’s Consumer Price Index indicates a continued slowdown in inflation with a slight rise in March. The Central Bank revises its inflation forecasts as electricity and living costs surge. The public’s economic outlook remains cautiously optimistic.

Q Burger, a restaurant chain in Taipei, is making waves with its generous end-of-year bonus of up to 27.8 months for staff. In addition, the company plans to increase salaries by 23.4% in 2024, aiming to break away from the low-paying norms of the industry. Newly hired employees can expect a high basic salary of up to NT＄35,000, while reserve executives start at NT＄37,000. To address regional differences in living costs, Q Burger is also offering a substantial regional subsidy, with store employees in Taipei receiving an extra NT＄4,000 per month. In a unique move to motivate employees, the company has introduced the ＂Dream Reward Plan,＂ which grants 20% of net profits to store chiefs. Q Burger’s success is evident, with its expansion to 340 stores across Taiwan and over one million app members in 2023.

The New Power Party (NPP) has called for stricter regulations on minimum labor wages, proposing that manufacturers who violate laws should be banned from government procurement. The NPP emphasizes equal representation in decision-making, with a ＂1:1:1＂ ratio of labor, capital, and government-academic parties. They argue that adjustments to the minimum wage should not fall below the annual Consumer Price Index (CPI) growth rate, linking wage increases to inflation and cost of living adjustments. NPP Chairwoman Claire Wang advocates for strict penalties, including adding violators to a government procurement blacklist. The NPP’s draft is inspired by France’s minimum wage laws, aiming to protect workers’ living standards in the face of rising costs.

Discover the wage challenges faced by young Taiwanese adults despite their advanced degrees. Tech graduates earn NT$73,500 in their first jobs, while others struggle with lower salaries and a rising cost of living. Explore the impact on their financial prospects and future stability.

With summer approaching, Taiwan is preparing for another electricity hike.​​​​​​​ In early April, the average industrial electricity consumption price rose by 14.2% from NT＄2.91 to NT＄3.38 per Kilowatt-hour.

At first glance, Taiwan’s employment rate among young adults has never been better, as 2022 saw the unemployment rate of those aged between 15 and 29 to be at an all-time low.

Sandy, a recent graduate in Taiwan, has been struggling to make headway on her student loans despite working diligently and saving as much as possible. 

As young adults in Taiwan struggle with the high costs of living and low wages, the elderly population also faces similar challenges.

As living costs in Taiwan continue to rise, a significant number of young adults are choosing to adopt a ＂sophisticated poor＂ lifestyle. 

Taiwan’s Executive Yuan has approved a budget of NT＄6,000 for each citizen and eligible foreign nationals in the hopes of providing economic relief in the wake of the  soaring costs of living. 

Popular Taiwan eatery Formosa Chang announced that it will raise its prices starting on Wednesday (Feb. 1).  

Kentucky Fried Chicken (KFC) chain stores in Taiwan hiked their prices on Thursday (Dec. 22) amid reports of soaring inflation.