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Taiwan’s new strategies to combat low birth rates
Taiwan’s birthrate is declining due to high housing costs and living expenses. To encourage families, the government offers social housing and birth subsidies.2024/10/09 15:47 -
Taipei launches rental aid for newlyweds, young families
Discover how Taipei is supporting newlyweds and families with young children by offering 156 rental housing units at reduced rates to ease the city’s living and renting costs. Learn about the initiative’s details, including eligibility and benefits.2024/09/19 15:18 -
Taiwanese workers eye jobs abroad amid slow wage increases
Discover why Taiwan’s average wage growth trails its GDP growth, leaving workers economically strained despite surpassing Japan and South Korea in GDP. Insights from experts and the IMF reveal the challenges and comparisons.2024/08/19 17:45 -
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 -
Q Burger announces up to 23.4% salary hike in 2024
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 2023.2023/12/27 14:50 -
Taiwan rental market struggles amid inflation
Taiwan’s rental housing market faces challenges due to global inflation, stagnant wages, and higher living costs. Renters grapple with increased monthly payments amid limited wage growth. Find out how these factors impact the rental market.2023/08/21 16:57