Industry

U.S. Dollar Strengthens Against Taiwan Dollar in Taipei

Taipei:The U.S. dollar closed higher against the Taiwan dollar on the Taipei foreign exchange market, increasing by NT$0.008 to end at NT$31.716 on Wednesday.

According to Focus Taiwan, the trading session saw a turnover of US$1.479 billion. The gre…

Taiwan Showcases Resilient Railway Solutions at Berlin Trade Fair

Berlin:Taiwan debuted its first-ever national pavilion at a global transportation technology trade fair in Berlin, aiming to demonstrate resilient railway solutions and attract international partners.

According to Focus Taiwan, the Taiwan Pavilion a…

CPC Announces Steady Fuel Prices Amid Rising Crude Costs

Taipei: State-owned oil supplier CPC Corp., Taiwan, announced Saturday that it will leave its domestic gasoline and diesel prices unchanged next week despite higher crude oil purchasing costs.

According to Focus Taiwan, CPC Corp. stated it will reco…

AI-Driven Inflation Manageable: Central Bank

Taipei: Inflationary pressure driven by artificial intelligence (AI) remains manageable in Taiwan, the central bank said Thursday, adding that wider adoption of AI is expected to boost productivity and eventually help ease inflationary pressure.

Acco…

Taiwan Freezes Electricity Rates to Support Economy

Taipei: Electricity rates in Taiwan will remain unchanged from October, the Ministry of Economic Affairs (MOEA) announced Friday following a review, citing the need to stabilize prices and support industrial development. The ministry decided to keep t…