Confidence in Taiwan economy improves in March

Local confidence in Taiwan's economy improved for a second consecutive month in March as optimism over a possible resolution of the U.S.-China trade war offset concerns over disappointing economic...

Taiwan’s 2018 unemployment rate lowest in 18 years

TAIPEI (Taiwan News) – Taiwan’s annual rate of unemployment for 2018 of 3.71 percent was the lowest the nation has seen in 18 years, reported CNA. The Directorate General of Budget, Acc...

AmCham Taipei: businesses less confident in Taiwan’s economy for 2019

TAIPEI (Taiwan News) — Results from the American Chamber of Commerce (AmCham) in Taipei’s 2019 Business Climate Survey reveal companies are less confident in Taiwan’s economic outloo...

Taiwan economy faces 3 risks in 2019: analysts

TAIPEI (Taiwan News) – The Yuanta-Polaris Research Institute (元大寶華綜經院) and Taiwan Institute of Economic Research (TIER, 台灣經濟研究院) believe Taiwan’s biggest economic challenges in 2019 are th...

Taiwan named world’s fourth-best investment destination

TAIPEI (Taiwan News) – U.S. research company, Business Environment Risk Intelligence (BERI), ranked Taiwan as the fourth best investment detention in the world, the Ministry of Economic Affairs ...

Taiwan median salary highest since 2012

TAIPEI (Taiwan News) – Taiwan’s median annual income was NT$470,000 (US$15,235) in 2017, according a new report by the Directorate General of Budget, Accounting and Statistics (DGBAS), rep...

Taiwan's jobless rate falls to 3.70% in November

Taipei, Dec. 22 (CNA) Unemployment in Taiwan fell to 3.70 percent in November, pointing to a stable job market, government statistics showed Saturday. According to data compiled by the Directorate ...

Taiwan’s interest rates unlikely to change next year: Standard Chartered

TAIPEI (Taiwan News) – Taiwan’s interest rates are unlikely to change in 2019 due to uncertainty in the global economy, volatility in emerging markets, and risks associated with the U.S.-C...

Taiwan Economy might face four major risks next year: Fubon Bank

TAIPEI (Taiwan News) – Fubon Financial Holding Company (FHC), a Taiwan-based financial investment management company on Nov. 3 held a seminar where it pointed out the four major obstacles to eco...

Taiwan faces trade, geopolitical, demographic risks: Moody’s

TAIPEI (Taiwan News) – Taiwan faces a host of credit risks relating to the U.S.-China trade war, deteriorating relations with China, and an aging population, according to a recent report by U.S....

Trade war will affect all of Taiwan’s industries: TSMC CEO

TAIPEI (Taiwan News) – C.C. Wei (魏哲家) CEO and Vice President of TSMC (台積電) said that the U.S.-China trade war will affect all of Taiwan’s industries, including semiconductors, on Nov. 27, ...

Taiwan’s Foxconn to slash costs, layoff staff in 2019: report

TAIPEI (Taiwan News) – Foxconn Technology Group, the world’s largest contract electronics manufacturer, is set to slash US$2.9 billion (NT$89.2 billion) in costs in 2019, according to an i...

Taiwan 29th easiest place to pay tax: report

TAIPEI (Taiwan News) – Taiwan was ranked the 29th easiest location for a company to pay tax, according to a recent study by accounting giant PricewaterhouseCoopers (PwC) and the World Bank Group...

Taiwan manufacturing output increases 8.39% in Q3 2018

TAIPEI (Taiwan News) – The value of Taiwan’s manufacturing output increased by 8.39 percent in Q3 2018, when compared to the same period last year, according to the Ministry of Economic Af...

Taiwan economy to take a turn for the worse over the next 6 months: think tank

TAIPEI (Taiwan News) – German think tank the ifo Institute for Economic Research’s quarterly analysis suggests Taiwan’s economic fortune will take a turn for the worse over the ...