Governance

Saudi Arabia Celebrates National Day in Taipei, Pledges to Enhance Ties

Taipei: Saudi Arabia’s representative to Taiwan, Mohammed S. Alghamdi, said Tuesday that he is looking to continue strengthening bilateral relations, as his office celebrated his country’s National Day. At a reception in Taipei to mark Saudi Arabia’s National Day, Alghamdi said the annual ceremony commemorates the unification of the Saudi

U.S. Dollar Higher in Taipei Trading

Taipei: The U.S. dollar was traded at NT$30.094 at 10 a.m. Thursday on the Taipei Foreign Exchange, marking an increase of NT$0.029 from the previous close.

According to Focus Taiwan, the rise in the U.S. dollar’s value against the New Taiwan dollar…

Taiwan Shares Open Higher Following Positive Market Activity

Taipei: The Taiwan Stock Exchange’s main index experienced an increase as it opened up 104.92 points, reaching 25,543.17. This opening was marked by a turnover of NT$5.84 billion (US$194.08 million).

According to Focus Taiwan, this positive movement …

Economics Minister’s Comment on US Investment Misunderstood, Says Ministry

Kaohsiung: The Ministry of Economic Affairs has objected to characterizations that Taiwan has committed to invest US$400 billion in the United States to get its 20 percent tariff rate lowered, after the agency’s head said such a deal might be necessary. At a seminar in Kaohsiung Monday with business representatives,

Taiwan, U.S. Military Cooperation ‘Expanding’: U.S. Congress Report

Taipei: Defense and Military Issues,” the CRS described arms sales as “the most concrete U.S. contribution to Taiwan’s defense capabilities,” noting that the majority are conducted through the U.S. government’s Foreign Military Sales (FMS) system. According to Focus Taiwan, between 2015 and 2025, the U.S. executive branch notified Congress of