Governance

Boris Johnson Backs Taiwan’s Increased Defense Spending Amid Rising Tensions

Taipei: Visiting former United Kingdom Prime Minister Boris Johnson praised Taiwan’s pledge to increase its defense spending to over 3 percent of GDP as a crucial step in addressing the growing military threat from Beijing. Johnson, who served as the Conservative Party prime minister from July 2019 to September 2022,

Trump Claims Massive TSMC Investment in Arizona

Phoenix: U.S. President Donald Trump surprised many by suggesting that Taiwan Semiconductor Manufacturing Company (TSMC) could be investing US$300 billion in Arizona, which is almost twice the investment TSMC has previously announced in the United States. Trump made these comments during an interview on CNBC’s “Squawk Box,” where he also

U.S. Attack Drones Delivered to Taiwan’s Army: Minister

Taipei: Defense Minister Wellington Koo announced that the first batch of Altius-600M attack drones purchased from the United States was delivered to Taiwan’s Army on Monday. According to Focus Taiwan, Koo met with Palmer Luckey, founder of Anduril Industries, the company responsible for manufacturing the drones. Koo expressed gratitude for

Taiwan Industrial Output Sees 16th Consecutive Month of Growth

Taipei: Taiwan’s industrial production rose 18.65 percent year-on-year in June, marking the 16th straight month of growth on the back of strong global demand for artificial intelligence applications, the Ministry of Economic Affairs (MOEA) said Wednes…

U.S. Dollar Down in Taipei Trading

Taipei: The U.S. dollar was traded at NT$29.290 at 10 a.m. Thursday on the Taipei Foreign Exchange, marking a decrease of NT$0.072 from the previous close.

According to Focus Taiwan, the decline in the U.S. dollar’s value reflects ongoing fluctuatio…