Industry

Plastic Bag Supply Stabilizes After Initial Price Hike: Official

Taipei: The supply of plastic bags is now stable nationwide after the war in the Middle East briefly caused prices to spike and the government asked petrochemical companies to increase production of key materials, an official said Thursday.

Accordin…

Experts Highlight Potential of Taiwan-Ukraine Drone Cooperation

Taipei: There is significant potential for Taiwan and Ukraine to deepen cooperation in drone technology as wartime demand accelerates innovation and exposes supply chain vulnerabilities, analysts at a Taipei-based think tank said Thursday.

According…

Taiwan Now Sourcing 60% of Crude Oil from U.S.: Minister

Taipei: Taiwan has significantly increased its reliance on the United States for crude oil imports, which now account for about 60 percent of total supply, Economic Affairs Minister Kung Ming-hsin said Wednesday. The shift marks a sharp rise from prev…

NT$1.35 Billion February Super Lotto Jackpot Remains Unclaimed

Hsinchu city: The two winning tickets for a Super Lotto jackpot, worth NT$1.35 billion (US$42.86 million) drawn in February, have not been redeemed, Taiwan Lottery Co. said Wednesday, urging the winners to claim their prizes by May 12.

According to …

Taiwan Shares Hit New High Amid Middle East Tensions

Taipei: Shares in Taiwan closed at a fresh high on Wednesday, despite uncertainties arising from military conflicts in the Middle East, as strong buying in the electronics sector continued in response to robust global demand, dealers said. The Taiex, …

Taiwan Shares Close Up 0.73% as Market Sees Gains

Taipei: Taiwan shares ended up 273.36 points, or 0.73 percent, at 37,878.47 Wednesday on turnover of NT$946.03 billion (US$29.77 billion).

According to Focus Taiwan, the stock market in Taiwan experienced an uplift as it closed higher on Wednesday. …