Business

Taiwan’s Inflation Reaches 17-Month Peak in June

Taipei: Taiwan’s inflation hit the highest level for 17 months in June largely on a spike in fuel and food prices, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday. Data compiled by the DGBAS showed the country’s consu…

Chunghwa Post Suspends IOSS Parcel Delivery to EU Nations

Taipei: Chunghwa Post Co. suspended services on July 1 for online sellers using the Import One-Stop Shop (IOSS) system to ship goods valued at pound 150 (US$171) or less to European Union nations, following a change in EU tariff rules, the company sai…

CPC to Implement Third Straight Weekly Reduction in Fuel Prices

Taipei: State-run oil supplier CPC Corp., Taiwan announced Saturday that it will cut domestic gasoline and diesel prices by NT$0.6 (US$0.02) and NT$0.7 per liter, respectively, in response to a fall in international crude oil prices. It marked the thi…