Industry

CIER Forecasts Taiwan’s GDP Growth at 3.05% for 2025

Taipei: Taiwan’s GDP is forecast to grow 3.05 percent in 2025, with strong export momentum in the first half likely to ease in the second, the Chung-Hua Institution for Economic Research (CIER) said Thursday. CIER said Taiwan’s GDP growth is expected …

TSMC Q2 Net Profit Hits New High

Taipei: Taiwan Semiconductor Manufacturing Co. (TSMC) on Thursday said its net profit in the second quarter of this year smashed previous records and hit a new quarterly high, soaring more than 60 percent from a year earlier on the back of strong glob…

Kaohsiung Lithium-Ion Battery Cell Plant Blaze Injures 15

Kaohsiung: A fire at a lithium-ion battery cell plant in Kaohsiung has resulted in injuries to 15 individuals.

According to Focus Taiwan, the blaze erupted at the facility, leading to a swift response from emergency services to contain the situatio…

U.S. Dollar Strengthens in Taipei Trading

Taipei: The U.S. dollar was traded at NT$29.324 at 10 a.m. Tuesday on the Taipei Foreign Exchange, marking an increase of NT$0.028 from the previous close.

According to Focus Taiwan, this increase in the U.S. dollar value comes amid ongoing fluctuat…