Coronavirus outbreak boosts Taiwan's e-commerce market

TAIPEI (Taiwan News) — As Taiwanese go out less to shop and dine due to coronavirus (COVID-19) fears, the e-commerce market has flourished. According to PChome 24h, the second-largest Taiwa...

Taiwan wages war on single-use plastics

TAIPEI (Taiwan News) — Taiwan aims to cut its decades-long dependency on plastic by following the European Union (EU) and its European Green Deal (EGD), a circular economy strategy to realize su...

Ralph Lauren, seeing more price stability, roars in 3Q

NEW YORK (AP) — Profits at Ralph Lauren soared in the third quarter and the high-end retailer topped almost all expectations on Wall Street by any metric. Profit jumped from $120 mi...

Taipei ban on disposable tableware at department stores starts Jan. 1

TAIPEI (Taiwan News) — A total of 55 department stores and shopping malls in Taipei are banned from providing one-time use tableware for customers starting Wednesday (Jan. 1). The measure is ...

Markets in 2019: record stocks, lower rates, so-so IPOs

NEW YORK (AP) — On January 3, the S&P 500 sank 2.5% when Apple warned of sagging demand for the iPhone, an inauspicious start to 2019 following a 14% drubbing in last year's fourth quarter. ...

Business Highlights

___ Boeing CEO resigns after two deadly 737 Max crashes Boeing's CEO is stepping down with no end in sight for a crisis that has enveloped the manufacturer and its ...

Taiwan's Hiring outlook improves for Q1 2020: survey

The hiring outlook among local businesses improved for the first quarter of next year, according to the 1111 online job bank, as more and more Taiwanese companies operating overseas are investing at h...

Taipei Twin Towers to open in 2027

TAIPEI (Taiwan News) — The investment agreement for the Taipei Twin Towers project was signed Tuesday morning (Dec. 17) by Taipei City Mayor Ko Wen-je (柯文哲) and Hsu Kun-tai (許崑泰), chairman of Ta...

Ban on disposable tableware at restaurants, food courts to start Jan. 1

A ban on the use of disposable tableware at restaurants and food courts in shopping malls will take effect in 10 municipalities in Taiwan next year, the Environmental Protection Administration (EPA) s...

Retail sales in Taiwan hit new high in October

Retail sales in Taiwan rose in October to new record for that month, indicating that global trade tensions did not have much impact on private consumption in the country, according to the Ministry of ...

Business Highlights

___ GM accuses Fiat Chrysler of bribing UAW to get lower costs DETROIT (AP) — General Motors is suing Fiat Chrysler, alleging that its crosstown rival got an unfair...

Shin Kong executive to run for Legislative Yuan on Taiwan People’s Party list

TAIPEI (Taiwan News) — Cynthia Wu (吳欣盈), a member of the family behind the Shin Kong business empire, wants to feature on the at-large legislative list for the Taiwan People’s Party (TPP),...

Sizing up the 2019 holiday shopping season for retailers

NEW YORK (AP) — With two weeks until the official start of the holiday shopping season, the nation’s retailers are gearing up for what should be another brutally competitive shopping period. ...

Taiwan telecoms offer huge discounts for Double 11

TAIPEI (Taiwan News) – T-Star (台灣之星) on Monday (Nov. 11) offered a "Double 11" deal of an unlimited 4G plan for a low price of NT$188 (US$6.18) per month. The offer is limited to 80...

Ho, ho, no? Reconsidering store credit cards at the holidays

Most shoppers know the routine: It's time to check out and the cashier (or website) offers a discount if you sign up for the store credit card. The offer can be hard to refuse, but e...