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Delivery market faces shake-up as Uber Eats buys foodpanda
Uber Eats’ acquisition of foodpanda for US$950 million is set to reshape Taiwan’s delivery market, potentially monopolizing it by 2025. How will this affect Taiwan’s delivery, dining, and retail industries?2024/05/24 16:57 -
Taiwan sees rise in unpaid leave figures, now totals 9,935
The Ministry of Labor in Taiwan has reported an increase of 359 employees on unpaid leave since December 18, bringing the total to 9,935. The rise is primarily attributed to the manufacturing sector, which has been affected by a decline in orders. Notably, a sports equipment manufacturing company saw a significant increase of around 170 unpaid leave cases, while the Hsinchu Science Park, known for its semiconductor component manufacturers, reported about 50 workers on unpaid leave. A total of 382 businesses have reduced working hours, impacting 9,935 workers. In the Hsinchu Science Park alone, a semiconductor component manufacturer with a staff of over 600 has implemented reduced shifts for 50 workers. Other industries, such as support services, wholesale, and retail, have experienced relatively minor changes during this period.2023/12/25 19:21 -
Retail and catering revenues reach all-time high: MOEA
The Department of Statistics of the Ministry of Economic Affairs announced that retail and catering revenues from January to September have reached a record high. The retail and catering industries are currently experiencing their annual sales peak, with demand for clothing, skincare products, and travel expected to stimulate consumption during the autumn and winter transition.2023/10/27 15:57 -
Experts warn pay hikes won’t solve all labor shortages
Taiwanese industries grapple with a pressing labor shortage, as evident from a staggering 1.078 million online job vacancies recorded in June. Sectors most affected by this predicament include tourism, catering, wholesale and retail, as well as technology.2023/06/07 17:46