Business

Chun Shui Tang Teahouse Chain Raises Prices Amid Rising Costs

Taichung:Teahouse chain Chun Shui Tang announced Sunday that it has increased prices on over 80 percent of its menu items by an average of 12 percent. The price hikes are attributed to rising operating, ingredient, and labor costs.

According to Focu…

Taiwan’s Q3 GDP Growth Hits 14.36%, Highest in 48 Years

Taipei:Taiwan’s economy experienced significant growth in the third quarter, with a 14.36% increase compared to the previous year, marking the highest growth for the same quarter in 48 years, the Directorate General of Budget, Accounting and Statistic…

Apple to Reduce Taiwan App Store Commission Rate to 26%

Accra:Apple is set to decrease its App Store commission rate in Taiwan from 30% to 26%, effective October 31, following a commitment to Taiwan’s Fair Trade Commission (FTC). This decision aims to address concerns regarding competition and the company’…

Taiwan Stock Market Declines by 2.49% Amid High Turnover

Taipei:Taiwan’s stock market experienced a significant decline on Friday, closing down by 1,156.50 points, which equates to a 2.49% drop. The final index level was recorded at 45,211.83.

According to Focus Taiwan, the turnover for the day reached NT…