Industry

Tropical Storm Fung-Wong Leaves 51 Injured and Causes Mass Evacuations in Taiwan

Taipei: Fifty-one people were injured and more than 8,000 residents evacuated nationwide as Tropical Storm Fung-Wong slammed Taiwan, with Yilan County in the northeast hit hardest, the Central Emergency Operation Center (CEOC) said Wednesday. According to Focus Taiwan, Yilan accounted for 12 of the 51 injuries, while the remaining cases

Taiwan Shares Close Higher With 0.58% Increase

Taipei: Taiwan shares closed up 162.14 points, or 0.58 percent, at 27,947.09 Wednesday on turnover of NT$560.51 billion (US$18.08 billion). According to Focus Taiwan, the market’s performance was driven by gains across various sectors, contributing to the overall rise. The increase in the index was supported by strong trading volumes,

Taiwan to Establish Mandarin Teaching Centers in Japan and Oceania in 2026

Taipei: Taiwan’s government has announced plans to open government-funded Mandarin teaching centers in Japan, Australia, and New Zealand by 2026, with further expansions into Latin America anticipated in the following years. This initiative was disclosed by a senior official overseeing the program on Wednesday. According to Focus Taiwan, the announcement

Taiwan Welcomes United Kingdom as Full GCTF Partner

Taipei: Taiwan on Wednesday welcomed the United Kingdom’s decision to become a full partner of a mechanism launched by Taipei and Washington that allows Taiwan to share its expertise on the world stage. In a statement, Taiwan’s Ministry of Foreign Affairs (MOFA) welcomed the U.K. in joining Taiwan, the United

TSMC Increases Cash Dividend Following Record Q3 Earnings

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) has announced an increase in its cash dividend to NT$6 (US$0.19) per share for its third-quarter earnings, a decision that analysts view as an effort to enhance the attractiveness of its shares. The world’s largest contract chipmaker stated that its board of directors approved

Taiwan Rail Services Adjust Schedules in Response to Tropical Storm Fung-Wong

Taipei: Taiwan’s two major rail operators, Taiwan Railway Corp. and Taiwan High Speed Rail Corp. (THSRC), have announced significant schedule adjustments as Tropical Storm Fung-Wong brought heavy rain to northeastern Taiwan. According to Focus Taiwan, the THSRC has implemented changes starting from 6 a.m. Wednesday, reducing the frequency to three