Taiwanese firms losing interest in China: MOEA

TAIPEI (Taiwan News) – According to statistics by Taiwan's Ministry of Economic Affairs (MOEA, 經濟部), a host of Taiwanese firms are considering moving some of their manufacturing bases out of...

Opinion - Taiwan’s Big Challenge: Nurturing Foreign Entrepreneurs

Taiwan has initiated many programs to attract more foreign talent and investors to set up business in Taiwan. The fact that Taiwanese youngsters are now being drained to develop their career and ...

Taiwan economy shows signs of stable growth in July

On the back of a continued recovery in fundamentals at home and abroad, Taiwan's economy has been showing signs of stable growth as an index gauging the economic climate flashed a green light, the...

Taiwan’s July retail sales break all-time record

TAIPEI (Taiwan News) – Taiwan's domestic retail trade for the month of July reached a new high of NT$350 billion (US$11.41 billion) this year, off the back of strong sales relating to the Gh...

Taiwan’s economy performing well as global growth divided: TIER

TAIPEI (Taiwan News) – Director of the Taiwan Institute of Economic Research's (TIER, 台灣經濟研究) Prosperity Forecast Center, Gordon Sun (孫明德) said that Taiwan's economy is performing w...

Taiwan’s July exports up by 8.4%

TAIPEI (Taiwan News) – Taiwan's exports increased by an annual rate of 8.4 percent in July, marking a strong turnaround from the surprise decrease of 0.1 percent in June, the Ministry of Eco...

Taiwan’s minimum wage expected to increase: Premier  

TAIPEI (Taiwan News) – Taiwan Premier William Lai (賴清德) said that given Taiwan's recent economic growth, increases to the minimum wage should not be unexpected, during a TV interview with CT...

Taiwan’s tech sales rise by 13.5% in July

TAIPEI (Taiwan News) – Taiwan's 19 largest technology companies saw total sales increase by 13.5 percent in July 2018 when compared to July 2017, reported the Nikkei Asian Review. The bum...

Taiwan IC output grows by 5.8% in Q2, 7.3% growth expected in Q3

TAIPEI (Taiwan News) – Taiwan's total output of integrated circuits (IC) grew by 5.8 percent in Q2 2018, and is expected to grow by a further 7.3 percent in Q3 according to statistics releas...

New draft bill to entice foreign workers to Taiwan open for public scrutiny

TAIPEI (Taiwan News) – The National Development Council (NDC, 國家發展委員會) published a new draft foreign migration bill titled the "New Economic Immigration Law" (新經濟移民法) for public scruti...

TIER raises Taiwan’s 2018 GDP forecast

TAIPEI (Taiwan News) – The Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) research institute has revised its forecast for Taiwan's 2018 GDP growth to 2.49 percent, citing robust expor...

Taiwan at major risk from trade war: Wall Street Journal  

TAIPEI (Taiwan News) – As the US-China trade war keeps escalating, the economies of the small countries which are heavily integrated into the global supply chain are reported to be more vulnerab...

Taiwan working towards joining CPTPP as soon as possible

TAIPEI (Taiwan News) – Taiwan's top trade negotiator and Minister Without Portfolio John Deng (鄧振中) said that Taiwan is looking to join the CPTPP as soon as possible after the agreement ente...

76 percent of Taiwanese youth want to start their own business: survey  

TAIPEI (Taiwan News) –1111 Job Bank's annual Youth Entrepreneurship Survey (布青年創業調查) found that 76 percent of Taiwanese youth want to, or currently have set up their own business, reported C...

Taiwan economy flashes 'green light' for 2nd straight month

TAIPEI (CNA) -- Taiwan's economy flashed a "green light" for the second consecutive month in March, pointing to steady growth, driven by strong exports, according to the National Develop...