Industry

Taiwan and U.K. Forge New Drone Industry Partnership

Taipei: Taiwan has signed a memorandum of understanding (MOU) with a British defense industry group to establish a platform for bilateral drone industry exchanges, the alliance behind the initiative said Monday.

According to Focus Taiwan, the Taiwan…

Direct Hualien-Incheon Flights to Be Suspended at End of July

Taipei: Routine direct flights between Hualien and South Korea’s Incheon International Airport will be suspended at the end of July, the Hualien County Tourism Department said Monday.

According to Focus Taiwan, Yu Ming-hsun, head of the department, s…

Winning Numbers Released for May-June Receipt Lottery

Taipei: The Ministry of Finance (MOF) on Saturday released the winning numbers for Taiwan’s May-June uniform invoice lottery, announcing 38548029 as the number for the NT$10 million (US$309,023) special prize. The NT$2 million grand prize number was 1…

CPC to Raise Domestic Gasoline, Diesel Prices Next Week

Taipei: State-owned oil supplier CPC Corp., Taiwan, announced Saturday it will raise domestic gasoline and diesel prices by NT$0.7 (US$0.02) and NT$0.5 per liter next week, respectively, in response to a spike in international crude oil prices amid es…

TIER Raises Taiwan’s 2026 GDP Growth Forecast to 10.38%

Taipei: The Taiwan Institute of Economic Research (TIER) on Friday raised its forecast for Taiwan’s 2026 economic growth to 10.38 percent, citing stronger-than-expected exports, investment, and consumption fueled largely by artificial intelligence dem…