Industry

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…

Taiwan Remains on U.S. Currency Manipulation Monitoring List

Taipei: The United States has decided to keep Taiwan on its latest list of countries under surveillance for potential currency manipulation. This decision was outlined in the U.S. Treasury’s semi-annual report on the “Macroeconomic and Foreign Exchang…

Taiwan Shares Close Down 2.67%

Taipei: Taiwan shares ended down 1,195.97 points, or 2.67 percent, at 43,654.84 Friday on turnover of NT$792.44 billion (US$24.49 billion).

According to Focus Taiwan, the market experienced a significant decline, reflecting investor sentiment and po…