Taiwan sees lowest economic impact from coronavirus in world

TAIPEI (Taiwan News) — Thanks to the outstanding handling of the Wuhan coronavirus (COVID-19) outbreak by the Central Epidemic Command Center (CECC), Taiwan has seen the least impact on its econ...

Pakistan pursues trade ties with Taiwan

TAIPEI (Taiwan News) — Pakistan, one of China's closest strategic allies, is reportedly pursuing secret trade ties with Taiwan, according to Times of India. On Wednesday (Sept. 2), Sidrah...

US-Taiwan Business Council urges Washington to sign BTA

TAIPEI (Taiwan News) — Lotta Danielsson, vice president of the non-profit U.S.-Taiwan Business Council, is urging Washington to sign a bilateral trade agreement (BTA) with Taipei after Taiwan an...

Taiwan ranked 3rd-best investment destination in world

TAIPEI (Taiwan News) — Taiwan has been listed as the third-best destination for global investment by the latest U.S. Business Environment Risk Intelligence (BERI) report, retaining its top spot ...

Taiwan aims to be Asian financial hub

TAIPEI (Taiwan News) — Taiwan is planning to further open up its economy and offer more financing products with the goal of becoming an Asian financial and asset management center, President Tsa...

Taiwan expects highest investment rate in 10 years despite pandemic

TAIPEI (Taiwan News) — Despite economic damage wrought by the global coronavirus outbreak, Taiwan is projected to see its highest investment rate in 10 years, according to the National Developme...

Taiwan’s TSMC has already replaced lost Huawei orders: Minister

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Co. (TSMC) has offset the business it lost from China's Huawei Technologies Co. Limited with other customers, according to a Taiwane...

Electronics provider optimistic about Taiwan's economic growth

TAIPEI (Taiwan News) — Taiwanese electronic manufacturing service (EMS) provider Kinpo Electronics Inc. (金寶電) predicted Monday (June 22) that the nation will see positive economic growth despite...

Taiwan company gives NT$1,500 to each migrant worker to boost spending

A manufacturing company in Taoyuan City has given NT$1,500 (US$50) to each of his approximately 500 migrant workers this week to promote spending and help revitalize the economy, the local government ...

World Bank offers almost no data on Taiwan

TAIPEI (Taiwan News) — The World Bank offers almost zero information on Taiwan under its "World Bank Open Data” section and lists the country incorrectly under "Taiwan, China.&qu...

Cosmetic chain sees 1 million masks sell out in 30 minutes

Poya, one of the major cosmetic chains in Taiwan, said the 1 million surgical face masks it put on shelves in its stores Thursday sold out within half an hour. Almost all of the chain's 230 sto...

Stimulus vouchers can be used for online ticket purchases: Taiwan cabinet

The government's new stimulus voucher program will allow the online purchase of tickets for cultural and sporting events, the Cabinet said Thursday (June 4), adding that the policy remains consist...

Taiwan's HTC announces layoffs to reduce costs

Taiwan's struggling smartphone maker HTC Corp. announced Monday (June 1) that it will "strategically adjust" its human resources and continue optimizing its organizational structure to r...

JP Morgan's chief economist optimistic about Taiwan's growth

TAIPEI (Taiwan News) — JP Morgan Chief Economist Bruce Kasman said Tuesday (May 26) that Taiwan's economy is relatively stable despite the coronavirus pandemic and will perform better than m...

MOE mulls coronavirus subsidies for Taiwan college students

TAIPEI (Taiwan News) — The Ministry of Education (MOE) said Saturday (May 23) it is developing a subsidy plan for students who face financial difficulties because of the coronavirus (COVID-19) p...