Industry

NDC Attributes Taiwan GDP Per Capita Lead Over Korea to TSMC, AI

Taipei: Yeh Chun-hsien, head of the National Development Council (NDC), on Wednesday attributed Taiwan’s forecast lead over South Korea in gross domestic product (GDP) per capita in 2025 to the success of Taiwan Semiconductor Manufacturing Co. (TSMC) …

Taiwan Shares Close Down 0.75%

Taipei: Taiwan shares ended down 191.39 points, or 0.75 percent, at 25,438.25 Wednesday on turnover of NT$428.36 billion (US$14.24 billion).

According to Focus Taiwan, the decline reflects movements within the stock market that have impacted invest…

KMT Lawmakers Advocate 2-Round Presidential Voting System by 2028

Taipei: Lawmakers from the Kuomintang (KMT), Taiwan’s main opposition party, on Wednesday proposed constitutional and legal changes to create a two-round absolute majority system for choosing Taiwan’s president in time for the 2028 election. KMT Lawma…