-
Minister urges science-based talks on carbon fee policy
Minister Peng Chi-ming defends Taiwan’s carbon fee policy, urging data-driven discussions. He clarifies its minimal impact on costs and addresses criticism over CPI effects.
2024/10/15 13:12
-
Starlux Airlines to list shares on Oct. 25 at NT$20 each
Starlux Airlines will list on Oct. 25, offering shares at NT$20. Public subscription runs Oct. 15-17. The airline saw a 65% revenue increase in early 2024.
2024/10/14 13:35
-
Taiwan convenience stores hit record NT$412B revenue in 2023
Taiwan’s convenience stores, known for their 24-hour operations and diverse services, continue to thrive. With 13,706 stores by Dec. 2023, they rank second in density globally.
2024/09/24 15:47
-
Experts express concerns over rising fiscal spending, debt
Taiwan’s 2025 budget breaks records, with over NT$3 trillion in both revenue and expenditure. Experts express concerns about rising debt levels, warning of potential instability as government spending growth outpaces economic performance.
2024/09/18 16:23
-
Tea shops’ revenue in Taiwan to top NT$130 billion in 2024
Discover how Taiwan’s tea shop industry has seen unprecedented growth, with over 16,000 stores nationwide and revenue projected to exceed NT$130 billion in 2024. Learn about the trends and challenges facing new entrepreneurs.
2024/09/10 17:28
-
TSMC reports 33% year-over-year revenue jump in August
Discover how TSMC’s August revenue reflects a year-over-year growth despite a monthly dip, and see projections for Q3 2024 driven by demand for advanced technologies.
2024/09/10 15:16
-
Taiwan’s semiconductor industry to hit US$160B in 2024
Discover how Taiwan’s semiconductor industry is set to revolutionize the global market with a projected US$160 billion revenue in 2024, making up over 25% of the worldwide sector. Learn about the advancements in 2-nanometer process technology and its impact on AI, alongside insights from industry leaders at the SEMICON Taiwan 2024 opening ceremony.
2024/09/04 13:51
-
Taiwan stock market dips amid U.S. stock impact
Taiwan’s stock market opened down 234 points to 22,136 on Aug. 29 due to the impact of U.S. stocks. Early trading saw a drop of over 300 points before the decline narrowed, holding the 22,000 mark. TSMC shares plunged 24 points to 940.
2024/08/29 09:57
-
Taipei Metro to introduce new payment options by 2025
Discover how Taipei Metro’s plan to replace all gates by 2025 with QR and credit card payment options could challenge EasyCard Corporation’s revenue. Learn about the potential impacts and EasyCard’s response.
2024/08/27 17:02
-
Compal, Shin Kong Hospital launch AI healthcare partnership
Discover how Compal Electronics and Shin Kong Wu Ho-Su Memorial Hospital’s new AI medical strategic partnership aims to revolutionize smart healthcare, enhancing diagnostic services with advanced technology.
2024/08/21 13:32
-
Finance minister defends amusement tax as key revenue source
Discover the latest on Taiwan’s amusement tax changes: Finance Minister Chuang Tsui-yun announces reductions for most entertainment taxes, while golf remains at 20%. Local governments gain the power to suspend taxes on sports and cultural events. Learn more about the implications for local revenue and industry development.
2024/08/08 10:50
-
Formosa Plastics Group raises employee salaries by 3%
Formosa Plastics Group is navigating economic challenges with a 3% salary increase for employees, despite a significant drop in revenue and profit in 2023. Learn about their strategic focus on AI transformation and innovation.
2024/07/17 15:20
-
Taiwanese chain Bafang Yunji to open new subsidiary in Texas
Bafang Yunji is expanding its U.S. presence with a new Texas subsidiary and a $7.2 million investment, aiming to increase its store count and strengthen operations.
2024/07/10 10:43
-
TSMC to hold Q2 in-person investors meeting in Taipei
Discover insights from TSMC’s upcoming investors’ meeting on July 18 in Taipei, where second-quarter financials and forecasts will be discussed, highlighting growth driven by major tech orders.
2024/07/03 11:47
-
Taiwan’s premier addresses surplus tax revenue use
Discover how Taiwan’s Premier Cho Jung-tai addresses surplus tax revenue and debt repayment in the Legislative Yuan, alongside discussions on AI technology for policy advocacy and privacy concerns.
2024/07/02 14:42
-
Tourist hotel revenues rise in Taiwan despite lower rates
Discover how Taiwan’s tourist hotels are seeing revenue growth despite a slight drop in average nightly rates, with details on occupancy, revenue sources, and new discount schemes.
2024/06/26 13:41
-
Thailand doubles visa-free stay to 60 days for 93 countries
Discover how Thailand’s new visa measures for travelers from Taiwan and 92 other countries aim to boost its economy by doubling the stay limit to 60 days and targeting 40 million visitors this year.
2024/05/29 16:27
-
Kaohsiung’s tourism revenue hits record NT$92.9B in 2023
Discover how Kaohsiung’s vibrant concert scene in 2023 led to a record-breaking NT$92.9 billion in sales for the city’s accommodation and food service sector, marking a significant economic boost.
2024/05/23 10:19
-
Semiconductor industry optimistic despite challenges
Discover insights from the "2024 Global Semiconductor Industry Survey" by KPMG, revealing optimism among executives despite challenges, with 85% expecting revenue growth and strategies for supply chain diversification.
2024/04/26 21:50
-
Taiwan and US see rise in vending machine use
Explore how vending machines are becoming a more common sight in Taiwan and the US, offering a variety of refreshments and conveniences from frozen treats to hot meals, with some incorporating AI for improved functionality.
2024/04/23 17:05
-
Anime hit "Haikyu!!" scores big in Taiwan theaters
"The anime movie ’Haikyu!!: The Dumpster Battle’ breaks box office records in Taipei, surpassing ’The First Slam Dunk’ with over NT$75 million in earnings. Its success reflects the series’ popularity, highlighting the story of high school volleyball players. The film’s impressive opening in Japan also ranks it as the fourth highest-grossing film on its debut day."
2024/04/16 15:55
-
Taiwan debates over menstrual products tax exemption
Explore the debate in Taipei as lawmakers advocate for sales tax exemption on menstrual products, facing opposition from the Ministry of Finance over concerns of insufficient consumer benefits and potential NT$380 million annual revenue loss. Amidst discussions on gender wage gaps and period poverty, the ministry highlights the challenges of tax exemption policies and the broader implications for the tax system.
2024/04/10 13:43
-
Hengchun peninsula thrives during 2024 Taiwan Music Festival
The 2024 Taiwan Music Festival attracts over a million attendees, boosting the local economy of the Hengchun Peninsula and generating NT$ 1 billion in revenue for businesses. The event provides a platform for independent music and enhances musical tourism in the region.
2024/04/08 17:41
-
Taipower struggles with losses amid calls for reform
National Audit Office Auditor-General Chen Jui-min calls on Taiwan Power Co. (Taipower) to enhance management and boost revenue amid consecutive losses. Chen emphasizes the need for electricity price adjustments and debt interest reduction. Kuomintang Legislator Lin Ssu-ming questions Taipower’s deficits and government subsidies, urging a review of energy policy. Chen confirms NT$100 billion subsidy and stresses the importance of green energy for profit sustainability.
2024/04/02 18:13
-
Taiwan leads in tourist spending in Japan for 2023
In 2023, Taiwan led foreign tourist spending in Japan, with Taiwanese visitors contributing significantly to the country’s tourism revenue. Find out more about the record-breaking spending trends and top spenders in this insightful report.
2024/04/02 17:05