Industry

Taiwan Shares Close Up 1.36%

Taipei: Taiwan shares ended up 372.16 points, or 1.36 percent, at 27,647.87 Thursday on turnover of NT$546.56 billion (US$17.83 billion). According to Focus Taiwan, the market saw a significant increase in trading activity, resulting in a rise in the index. The turnover for the day was noted at NT$546.56 billion,

Proposed MOFA Budget Hike Seeks to Counter China Threat: Minister Lin

Taipei: Taiwan’s Foreign Minister Lin Chia-lung announced on Thursday a proposed NT$10 billion (US$326.38 million) increase in the Ministry of Foreign Affairs’ (MOFA) budget for the upcoming year. This increase is deemed essential to address the escalating threat posed by China’s increasing aggression. According to Focus Taiwan, the MOFA has

Taiwan Stock Exchange Opens With 61.61-Point Increase

Taipei: The Taiwan Stock Exchange’s main index saw an increase, opening up 61.61 points at 27,337.32 on Thursday. The turnover for the morning session was reported at NT$10.28 billion, which is approximately US$336.01 million. According to Focus Taiwan, the market’s positive opening reflects investor confidence and activity, contributing to the

South Africa and Taiwan’s Diplomatic Stalemate Over Representative Offices

Taipei: Taiwan’s foreign ministry is still reviewing a new agreement proposed by the South African government last month to regulate the status of reciprocal representative offices, Foreign Minister Lin Chia-lung said Thursday. The Ministry of Foreign Affairs (MOFA) is in consultation with legal experts on the proposed new agreement, Lin

Proposed MOFA Budget Hike Seeks to Counter China Threat: Minister Lin

Taipei: Taiwan’s Foreign Minister Lin Chia-lung said Thursday that the proposed NT$10 billion (US$326.38 million) increase in his ministry budget for next year is necessary to counter China’s growing aggression. The Ministry of Foreign Affairs (MOFA) has proposed a budget of NT$41.503 billion for fiscal year 2026, which has been