Taipei: Taiwan’s excess savings are anticipated to reach an unprecedented NT$11 trillion (US$345 billion) in 2027, driven by the ongoing AI boom which is bolstering the nation’s exports and expanding its current account surplus.
According to Focus T…
Taipei: President Lai Ching-te announced on Monday that the proposed 2027 central government budget will incorporate NT$235.7 billion (US$7.401 billion) to fund a universal NT$10,000 cash handout. This decision comes in the wake of robust economic gro…
Taipei: The U.S. dollar experienced a significant decline against the Taiwan dollar, falling below the NT$32 threshold for the first time in more than a month, driven by weaker-than-expected U.S. retail sales data for July, according to dealers. This …
Taipei: The Civil Aviation Administration (CAA) on Monday confirmed that it is reviewing an application from Uni Air to suspend its regular Taipei-Hualien route, which, if approved, could deal a potentially fatal blow to Hualien’s domestic air service…
Taipei: Shares in Taiwan closed slightly higher on reduced turnover Monday as investors appeared reluctant to chase prices amid fears of a major pullback, with some locking in earlier gains in large-cap tech stocks, dealers said. The Taiex, the Taiwan…
Taipei: Taiwan’s Navy and Coast Guard have completed their first-ever joint anti-blockade drill that involved escorting a merchant ship carrying essential supplies to ports in eastern Taiwan and ensuring the safety of the cargo after it was transferre…
