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…
Taipei: Taiwan-based textile companies Eclat Textile Co. and Makalot Industrial Co., which produce more than 80 percent of their goods in Vietnam and Indonesia, expressed relief regarding the latest tariff rates imposed by the United States on the two…
Taipei: Hypermarket chain Carrefour and upscale supermarket operator Mia C’bon have announced the suspension of their cooperation with JKoPay, one of Taiwan’s leading digital payment service providers, due to a lawsuit involving the mobile payment fir…
Tainan: Innolux Corp., a leading flat panel manufacturer in Taiwan, has announced plans to close a factory in the Southern Taiwan Science Park. This decision is part of a strategic move to decrease its focus on flat screen production within its overal…
Taipei: The removal of NT$100 billion (US$3.42 billion) in aid to financially troubled state-owned Taiwan Power Co. (Taipower) from a special bill passed by the Legislative Yuan on Friday could lead to a hike in electricity rates, which could raise in…
Taipei: The aggregate sales generated by companies listed on the local main board rose by more than 7 percent from a year earlier in June, led by the tech sector enjoying a boom in global artificial intelligence development, according to the Taiwan St…
