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 ...

Approved investment in Taiwan from NSP countries soars over 40% in 2018

The amount of approved investment in Taiwan from countries targeted by the government's New Southbound Policy (NSP) jumped more than 40 percent year-on-year in 2018, according to data released by ...

China imposes anti-dumping tariffs on Taiwanese chemical vendors

Taipei, Dec. 29 (CNA) China has imposed anti-dumping tariffs on chemical companies in Taiwan, the United States and Malaysia, effective from Saturday, after vendors from those countries were found to ...

Taiwan wages see slow and steady growth in Sept.

TAIPEI (Taiwan News) – Wages across Taiwan rose by an average of 2.48 percent in annual terms during the month of Sept., according to the Directorate General of Budget, Accounting and Statistics...

Taiwan's FPG to pay 6 months' salary for year-end bonus

TAIPEI (Taiwan News) -- Formosa Plastics Group (FPG, 台塑) is set to give its employees a year-end bonus worth six months of salary as well as red envelopes, said the company's president Wang Wen-yu...

Anti-pollution protesters take to the streets in Taiwan's Yunlin County

TAIPEI (Taiwan News) — Citizens took to the streets today (Nov. 11) in Taiwan’s Yunlin County (雲林) as part of a non-partisan “Third Force” anti-pollution protest march. Over...

Taiwan shares end lower, led by 'Apple concept stocks'

Shares in Taiwan moved lower on Thursday as investors locked in the gains made by Taiwanese suppliers to U.S.-based consumer electronics giant Apple Inc. in the previous session, dealers said. Alth...

'Arab Palace' up for sale for NT$3.3 billion in NE Taiwan

TAIPEI (Taiwan News) -- A massive Middle Eastern-style palace in northeastern Taiwan, which has seldom been seen by the public, is up for sale for the price of NT$3.3 billion (US$71.3 million). Th...

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), ...

Taiwan to end ban on offshore refueling near Kaohsiung harbor

TAIPEI (Taiwan News) – In order to attract more maritime traffic and trade to Kaohsiung in southern Taiwan, the national Maritime and Port Bureau (交通部航港局) has decided to lift a 17 year old ban o...

Formosa Plastics' 2nd furnace in Vietnam steel mill starts production

TAIPEI (CNA) - The second furnace of Taiwanese conglomerate Formosa Plastics Group (FPG)'s steel mill in Vietnam has started production on a trial basis, a step which is expected to generate addit...

Taiwan's manufacturers enjoy 13.4 percent growth in profits

TAIPEI (CNA) - Taiwan's manufacturers listed on the local equity market posted NT$1.5 trillion (US$50.34 billion) in combined net profit in 2017, up 13.4 percent from a year earlier, with Taiwan S...

Humans will only have to work three days a week in AI era: Quanta chairman

TAIPEI (Taiwan News)--Quanta Computer Inc chairman Barry Lam (林百里) predicted on Sunday that in the era of artificial intelligence (AI) 10 years from now, people will only have to work for three days a...

US chipmaker Micron to boost hiring in Taiwan to fight China poaching

TAIPEI (Taiwan News) -- U.S.-based chipmaker Micron Technology is planning hire at least 800 new workers in Taiwan by 2019 to counter poaching efforts by Chinese rivals, reported the Nikkei Asian Revi...

Taiwanese petrochemical giant plans US$9.4 billion chemical complex in Louisiana

TAIPEI (Taiwan News) - Formosa Petrochemical Corporation's top executive announced a plan to build a US$9.4 billion chemical manufacturing complex on a 970-hectare site in Louisiana, which is expe...