Taiwan’s PMI reaches 2020 record in August, indicating economic revival

TAIPEI (Taiwan News) — The Purchasing Managers’ Index (PMI) reached its highest point for the year in August, indicating a revival of the economy, a leading think tank said Tuesday (Sept. ...

Taiwan president promises 3rd relief package to boost economy

TAIPEI (Taiwan News) — A third phase of relief measures with a budget of NT$210 billion (US$7.13 billion) and added investment totaling NT$6 trillion should help Taiwan recover from the Wuhan co...

Taiwan’s GDP to shrink for first time in 4 years due to coronavirus

TAIPEI (Taiwan News) — Taiwan’s Gross Domestic Product (GDP) is likely to shrink by 0.73 percent in the second quarter of the year, its first contraction in more than four years, the gover...

Taiwan sets aside NT$210 billion in funds to further boost economy

TAIPEI (Taiwan News) — An extra NT$210 billion (US$7.1 billion) budget has passed a Cabinet meeting on Thursday (July 23) as part of the government’s efforts to prop up industries hit by t...

Taiwanese use stimulus voucher sleeves to save raptors

TAIPEI (Taiwan News) — Conservationists in Taiwan have come up with a creative way to save injured birds of prey while tackling plastic waste by making the most of the plastic sleeves that conta...

Taiwan's GDP growth revised upward despite coronavirus pandemic

TAIPEI (Taiwan News) — Taiwan’s expected Gross Domestic Product (GDP) can be revised upward for the first time thanks to the government’s “Triple Stimulus Vouchers” again...

Taiwan Railways woos students with round-the-island 10-day pass

TAIPEI (Taiwan News) — Taiwan Railways Administration (TRA) is capitalizing on the stimulus voucher scheme with a promotional program aimed at students during the summer break. Students in Ta...

Taiwan bans sale of stimulus vouchers

TAIPEI (Taiwan News) — Members of the public in Taiwan have been cautioned against illegally purchasing or selling stimulus vouchers launched to vitalize the economy from the coronavirus fallout...

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 ...