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Investments in SE Asia soar as market potential grows
Taiwanese companies are increasing their investments in Southeast Asian countries, capitalizing on the region’s rising consumer purchasing power and strategic economic opportunities. Investments under the New Southbound Policy have seen a dramatic increase in 2024, with significant contributions from key players like Foxconn.2024/04/19 16:55 -
Food vendors absorb electricity costs, fearing price hikes
Lukang Old Street Business District chairperson Huang Shih-chieh expresses concern over rising electricity costs and their impact on food vendors, who may absorb cost increases to avoid raising prices due to declining consumer purchasing power, potentially leading to a vicious inflation cycle.2024/04/15 17:25 -
Taiwan youth grapples with high house prices and low wages
Discover how Taiwan’s young population is navigating the challenging landscape of high house prices and stagnant wages, despite the country’s strong purchasing power, and the call for government action to address these issues.2024/03/06 08:00 -
Taiwan’s high purchasing power parity conceals disparity
As the pandemic subsides in Taiwan, business is slowly resuming back to normal.2022/12/09 02:40