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Pay rise expected for Taiwan's military, civil, and teaching personnel in 2022

TAIPEI (Taiwan News) — Premier Su Tseng-chang (蘇貞昌) is said to have proposed a pay rise for government employees, teachers, and military personnel in 2022. A Cabinet official told CNA that Su...

Taiwan business group calls for better dialogue with US and China

TAIPEI (Taiwan News) — The Chinese National Federation of Industries (CNFI) called for better communication with both the United States and China in order to promote Taiwan's business intere...

Taiwan's economy in 2020 outgrew China for 1st time in 30 years

TAIPEI (Taiwan News) — Thanks to its exceptional handling of the Wuhan coronavirus pandemic, Taiwan's economy grew at a higher rate than China in 2020 for the first time in 30 years — ...

60% of Taiwanese companies reducing footprint in China amid pandemic

TAIPEI (Taiwan News) — Taiwanese companies in China are reducing their operations in the communist country due to the Wuhan coronavirus' (COVID-19) continued impact on their bottom line, des...

RCEP likely to deal blow to Taiwanese companies

TAIPEI (Taiwan News) — The expected finalization of the Regional Comprehensive Economic Partnership (RCEP) by the end of 2020 is likely to have a serious impact on the private sector of Taiwan, ...

Taiwan, Thailand sign seven MOUs on industrial cooperation

Bangkok (CNA) Taiwan's Chinese National Federation of Industries signed seven memorandums of understanding (MOU) with the Federation of Thai Industries (FTI) in Bangkok on Tuesday to create new op...

Taiwan's labor groups call for at least 5% hike in minimum wage

Several labor groups in Taiwan, including the Solidarity Labor Union and the Labor Rights Association, called Monday for an increase of at least 5 percent in the minimum wage,starting from 2020. Pr...

Taiwan's CNFI releases 2019 White Paper

The Taiwan-based Chinese National Federation of Industries (CNFI) released its 2019 White Paper Monday, which raised more than 200 suggestions to the government for a friendlier business environment a...

Taiwanese businesswoman featured on Prestige magazine cover

TAIPEI (Taiwan News) -- Taiwanese businesswoman and philanthropist Ching Ching Lin (林青蓁) appears in the June edition of Prestige magazine adorned in an abundance of opulent jewelry. The magazine fe...

Economy most important bid in event of Terry Gou campaign: Taiwan business leader

TAIPEI (Taiwan News) - The economy should be the most important topic if Foxconn Technology Group chief Terry Gou (郭台銘) decides to run for president, said Wang Wen-yuan (王文淵), chairman of the Chinese ...

New Economic Immigration Act in Taiwan will boost domestic economy: CIER

TAIPEI (CNA) -- A draft bill aimed at attracting foreign nationals to fill the workforce gap in Taiwan is likely to create more job opportunities, raise real wages and boost the domestic GDP, research...

Taiwanese electronics companies drop Chinese manufacturing in face of China-US trade war

TAIPEI (Taiwan News) – Taiwanese electronics manufacturers are increasingly looking to shift production away from China and to Southeast Asia, as the China-U.S. trade war heats up, reports say. ...

Taiwan needs to rely on manufacturing and trade: CNFI

TAIPEI (Taiwan News) – Taiwan is small so it needs to rely on manufacturing and trade, said Wang Wen-yuan (王文淵), chairman of Taiwan’s Chinese National Federation of Industries (CNFI, 工總), ...

Gov't urged to improve business environment amid looming trade war

Taipei, April 4 (CNA) Corporate leaders on Wednesday called on the Taiwan government to improve the domestic business environment to encourage China-based Taiwanese companies to relocate their investm...

Taiwan-India industrial cooperation elevated to an even higher level

NEW DELHI (Taiwan News) - The Taipei Economic and Cultural Center in India (TECC) and the India-Taipei Association (ITA) have signed a Memorandum of Understanding (MOU) on Promotion of Industry Colla...