Taiwan's GDP expected to grow 2.45% in 2020: think tank

On the back of expectations of eased trade tension between the United States and China, Taiwan, an export- oriented economy, is likely to see its gross domestic product (GDP) growing 2.45 percent in 2...

Taiwan's 2019 GDP growth forecast to hit 2.46%: DGBAS

Balking a forecast from a world body on Taiwan's economy in 2019 amid a weakening global economy, the government is confident that the domestic economy will expand by more than 2 percent this year...

Taiwan's average regular wage rises 2.22% in August

The average regular wage in Taiwan rose 2.22 percent from a year earlier in August, after a revised 2.49 percent year-on-year increase in July, indicating the local labor market has seen some impact f...

Aging of Taiwan workforce continues apace

Taiwan's workforce continues to age, with the average age of employees in the local job market hitting a record high at the end of 2018, the Directorate General of Budget, Accounting and Statistic...

Taiwan's jobless rate edges up in July

Taipei (CNA) Taiwan's unemployment rate rose slightly in July due to the entry of new graduates to the job market, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Thursda...

2019 marks investment spree in Taiwan: President Tsai

TAIPEI (Taiwan News) – 2019 marks the beginning of an explosive surge of investment in Taiwan, declared President Tsai Ing-wen (蔡英文) during a visit to a temple in central Taiwan Saturday (August...

Taiwan raises 2019 GDP growth forecast

Taipei (CNA) Taiwan has raised its forecast for gross domestic product (GDP) growth for 2019, reflecting increased investment in Taiwan by local suppliers looking to steer clear of the trade dispute b...

Japanese, Americans make up most of Taiwan’s foreign white-collar workforce

TAIPEI (Taiwan News) – Japanese account for the lion’s share of Taiwan’s foreign workforce when it comes to specialized or technical work, followed by Americans, according to the lat...

Taiwan's economic growth rate roars to top of Asia's 4 tigers: Tsai

TAIPEI (Taiwan News) -- Taiwan President Tsai Ing-wen (蔡英文) announced today (Aug. 1) that Taiwan pulled ahead of the rest of the pack of Asia's four tigers in the second quarter thanks in part to ...

Taiwan hikes Q2 economic growth to 2.41%

TAIPEI (Taiwan News) – The economy likely grew by 2.41 percent during the second quarter, not by 1.78 percent as originally forecast, the government’s Directorate General of Budget, Accoun...

Taiwan's jobless rate for June up slightly due to graduation season

Taipei, July 22 (CNA) The jobless rate for June rose slightly because of an increase in first-time jobseekers as university students graduated, the Directorate General of Budget, Accounting and Statis...

Taiwan’s working conditions better than US, Japan and Korea

TAIPEI (Taiwan News) – Taiwan’s working conditions have continued to improve and in terms of hours worked are now better than the United States, Japan, and South Korea, according to the Di...

54% of Taiwan's employers planning 3.5% pay raise in H2

TAIPEI (Taiwan News) -- Nearly 54 percent of companies in Taiwan plan on giving their employees a 3.5 percent raise on average in the second half of this year, below the 6 percent average expectation ...

Regular wages in Taiwan increased 2.40% in May

Taipei (CNA) -- The average regular wage in Taiwan rose 2.40 percent in May from a year earlier, while non-regular wages surged 9.55 percent year-on-year, government data showed Wednesday. The aver...

Taiwan's jobless rate hits 22-month high in May

Taiwan's unemployment rate for May remained nominally unchanged from the previous month but rose to its highest level in 22 months when adjusted for seasonal factors, figures released Monday by Ta...