economic 結果共406筆

Global TV sales dip in 2023, with further decline projected for 2024 amidst changing consumer habits and potential material shortages, impacting prices. Experts foresee growth amid economic recovery.

Tainan Mayor Huang Wei-che supports a thorough investigation into an alleged solar power plant scandal involving Ysolar Co. under former Executive Yuan Commissioner Ku Sheng-hui. The Tainan prosecutor’s office is probing the case, with Mayor Huang subpoenaed as a witness. Huang emphasizes the importance of transparency and adherence to legal guidelines in green energy development, stressing the need for swift resolution and clarity in the investigation.

Stay updated on Taiwan’s economic landscape with the latest news from Minister of Economic Affairs Wang Mei-hua. Discover insights on electricity price fluctuations and their impact on domestic issues, as well as the government’s strategies to address losses incurred by Taiwan Power Company. Explore the projections for economic growth and inflation rates amidst industry recovery and upcoming events.

The results of the Legislative Yuan’s standing committee convener election were announced, with both the Kuomintang (KMT) and the Democratic Progressive Party (DPP) securing one seat each in the eight committees. Huang Kuo-chang of the Taiwan People’s Party (TPP) expressed support for KMT’s convener candidates, while KMT’s Fu Kun-chi revealed TPP did not nominate any candidates. The committees cover Home Affairs, Foreign Affairs, Economic Affairs, Finance, Education, Transportation, Judiciary, and Sanitation.

Explore the pivotal partnership between the European Parliament and ENEX as they gear up to combat disinformation and leverage AI for the upcoming European elections. Discover how this collaboration aims to address global challenges and ensure democratic integrity.

Stay updated on Taiwan’s impending water price hike and strategies for conservation amid concerns of increased charges for high water users. Learn about potential adjustments in tariffs, efforts to mitigate impacts on large enterprises, and the importance of balancing water resource management with economic sustainability.

American Congressman Mike Gallagher leads a U.S. delegation to meet with Taiwan’s President Tsai Ing-wen, President-elect Lai Ching-te, and Legislative Speaker Han Kuo-yu during a 3-day visit in Taiwan. Discussions center on U.S.-Taiwan relations, regional security, and investment, part of a broader tour of the Indo-Pacific region. The visit aims to strengthen ties and promote mutual understanding between the two nations.

U.S. Congressman Mike Gallagher, along with a team of American lawmakers, visited Taiwan and expressed support for the island’s resistance against China’s influence. The delegation praised Taiwan’s successful development and voiced commitment to deepening U.S.-Taiwan relations for peace and stability in the region. Senator Marco Rubio also reiterated his support for Taiwan during a separate meeting with Taiwan’s ambassador to Paraguay.

Discover the success story of Hon Hai Precision Industry Co at its 50th anniversary gala dinner, where founder Terry Gou highlighted the company’s impact on employees and the community. Special messages from tech leaders like Tim Cook and Jensen Huang added to the celebration.

Explore the economic ripple effects of TSMC’s new fab in Kumamoto, Japan, on local markets and Taiwan’s airline industry, with increased flights and market potential for business and tourism.

Taiwan Power Co. (Taipower) faces a potential financial crisis by year-end without government aid or electricity price hikes, warned Minister of Economic Affairs Wang Mei-hua. An upcoming electricity price review may see rates for ultra-high-voltage users surge by over 10%. Wang emphasizes the need for discussion in the committee meeting and assures efforts to minimize impacts on the public. Taipower’s efficient management has helped curb price spikes and inflation, with plans in place for financial support and program development. Current electricity costs for major consumers stand at around NT$1.63, while Taipower’s generation cost, pre-tax, is NT$3.93, expected to surpass NT$4 post-tax.

Taiwan’s Executive Yuan has signed a Memorandum of Understanding (MOU) with India to facilitate the hiring of Indian migrant workers. The MOU states that Taiwan will determine the sectors and numbers for employment, while India will recruit and train the workers according to regulations. Contrary to online rumors, the plan does not involve the introduction of 100,000 Indian workers. The signing ceremony occurred online between the Taipei Economic and Cultural Center in India and the India-Taipei Association. Taiwan’s Ministry of Labor will submit the MOU to the Legislative Yuan for record and will hold meetings with Indian counterparts to discuss further details. Once all preparations are completed, India will be recognized as a new source of migrant labor, allowing employers to hire based on individual demand. This move is part of Taiwan’s efforts to address issues such as an aging population, decreased birth rate, and labor shortages by developing new sources of migrant labor.

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.

Honduras owes Taiwan approximately US＄440 million (NT＄13.8 billion) in debt, which has accumulated over several years and remains unpaid even after severing diplomatic ties with Taiwan in favor of China. The decision to end over eight decades of relations with Taiwan and establish diplomatic ties with China was made on March 25, 2023. The current president of Honduras, Xiomara Castro, did not borrow any additional funds from Taiwan, with the last loan of US＄300 million being acquired by her predecessor, Juan Orlando Hernández, in 2019. These funds were primarily used for housing reconstruction, school facilities, and nutritional lunches. Honduras hoped that establishing diplomatic relations with Beijing would result in greater economic support and loans from the Chinese government. However, the country’s white shrimp exports were affected following the diplomatic break with Taiwan. As a result, Honduras has turned to China for similar tariff preferences.

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.

Experience the charm of Taichung’s Yichung Shopping District as it hosts a vibrant 17-day New Year’s market from Feb. 2 to Feb. 18. Enjoy street fairs, delicious food, and creative vendors in this top Taichung attraction.

Taiwan takes center stage at the 30th Festival International des Cinémas d’Asie (FICA) in Paris as the theme country, showcasing a range of films from the martial law era to the works of new directors. Filmmaker Jean-Robert Thomann, who holds dual citizenship from France and Taiwan, presents his latest documentary, ＂Taiwan, Chronicle of a Threatened Democracy,＂ in FICA’s documentary competition. The film, shot between 2021 and 2023, delves into the challenges faced by Taiwan’s democratic process, examining major referendums and the Taichung legislator election. Thomann believes Taiwan’s global recognition extends beyond seeking a seat in the United Nations, emphasizing the importance of parliamentary links, cultural and economic exchanges, and soft power rooted in creativity. He hopes his documentary will deepen French audiences’ understanding of Taiwan and inspire further exploration of the country. Thomann highlights that threats to Taiwan are not only external but also internal, with social media manipulation and fake news posing challenges to democracies worldwide. Despite these challenges, Thomann regards Taiwan as a remarkable example of democracy, particularly in Asia, and remains optimistic about the island’s democratic system. ＂Taiwan, Chronicle of a Threatened Democracy＂ premiered at FICA and is set to be screened in France, Taiwan, and Sweden.

Hon Hai Precision Industry Chairman Young Liu has stated that the AI server industry is facing a shortage of AI chips, which is expected to persist throughout 2024. Liu emphasized that the problem can only be resolved by increasing production capacity in new factories. He also highlighted that geopolitical and economic conditions may affect the demand for consumer electronic products this year. Despite holding a significant position in the global AI server industry, Hon Hai is facing a shortfall in the supply of AI chips from major manufacturers like NVIDIA. While some second and third-tier factories claim their AI server performance will be good in 2024, Liu expressed skepticism and confusion about this situation.

As the Lunar New Year approaches, Taiwanese employees await their year-end bonuses, a significant indicator of corporate success and economic health. The bonuses, reflecting the highest salaries in eight years, vary across industries, with a focus on financial planning and investment.

Taiwan’s Ministry of Foreign Affairs (MOFA) will closely monitor developments in Tuvalu post-election, as most elected officials have established frequent interactions and friendly stances with Taiwan, ensuring solid diplomatic ties. MOFA condemns China’s attempt to influence the election by buying off local media in Tuvalu. The loss of Tuvalu’s pro-Taiwan Prime Minister has sparked speculation about a potential shift in foreign policy and diplomatic alliance with Beijing. However, MOFA notes that the majority of elected Tuvalu officials maintain good relations with Taiwan and support upholding the amicable relations between the two countries. MOFA urges the international community to pay attention and counter autocratic dictatorial countries that manipulate elections in democratic states. This development reflects the ongoing competition between China and Taiwan for diplomatic allegiances in the Pacific region, with countries sometimes switching allegiances for economic or political support.

Taiwan’s Director-General in Boston, Charles Liao, responds to China’s interference in Taiwan’s elections with military threats and economic bullying. Liao highlights Taiwan’s commitment to democracy and refusal to bow to Chinese pressure. The U.S. State Department, Japan’s Ministry of Foreign Affairs, and the European Union’s European External Action Service congratulate elected officials Lai Ching-te and Hsiao Bi-khim. Despite China’s attempts at interference through disinformation, military intimidation, and economic threats, Taiwanese voters remain resilient in their pursuit of democracy and freedom. Liao’s response is prompted by a Boston Globe article suggesting that the U.S. should prioritize Taiwan as a democratic partner.

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.

Taiwan’s wealth gap widens as economic growth hits a 14-year low. Experts call for action to address income inequality and rising living costs.

The iconic giant rubber duck is set to make its return to Kaohsiung’s Love River Bay, promising a buoyant boost to local businesses and the opportunity for visitors to bask in its whimsical charm. The creation by Dutch artist Florentijn Hofman, which captivated over 3.9 million people in its 2013 debut, is all set for its comeback tour from Jan. 27 to Feb. 25.

Taipei’s Executive Yuan Spokesperson, Lin Tze-luen, announced a budget surplus for the 2023 fiscal year, attributing the achievement to the combined efforts of civil society and the government. The surplus will be allocated responsibly to maintain fiscal discipline, primarily focusing on debt reduction and infrastructure investment. Taiwan’s economy has experienced consistent growth, resulting in a budget surplus for seven consecutive years. In 2022, the surplus reached an impressive NT$500 billion, leading to a proposed special budget of NT$380 billion. This special budget aims to enhance economic and social resilience, with provisions such as a cash payment of NT$6,000 per citizen, support for labor and health insurance programs, and assistance for Taiwan Power Company. Additionally, the special budget includes programs to aid residential loan holders from the middle class and below. Lin emphasized the government’s commitment to considering public opinion and promoting national affairs to facilitate Taiwan’s sustainable development.