Business

TSMC Announces Ambitious Plan to Hire 8,000 Workers in 2026

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) revealed plans to recruit 8,000 additional employees this year to support its expansion goals, offering an average annual salary of NT$2.2 million (US$69,449) for new engineers with a master’s degr…

Ex-Insurance Executive Detained in NT$50 Million Investment Fraud

Taipei: Taipei District Court on Saturday approved prosecutors’ request to detain a former insurance firm executive accused of selling investment products and pocketing more than NT$50 million (US$1.58 million) incommunicado. The suspect, surnamed Che…

Taiwan’s Inflation Rate Sees Notable Increase in February

Taipei: Inflation in Taiwan rose 1.75 percent in February, and is expected to remain below the 2 percent warning threshold in March, despite rising oil prices driven by the war in the Middle East, an official said Friday.

According to Focus Taiwan, …

U.S. Dollar Closes Lower On Taipei Forex Market

Taipei: The U.S. dollar fell against the Taiwan dollar on Friday, shedding NT$0.005 to close at NT$31.678.

According to Focus Taiwan, turnover during the trading session totaled US$1.395 billion. The greenback opened at NT$31.740 and moved between …