Taiwan remained the world's fifth largest lender in 2017 as its net international investment position rose more than 6 percent from a year earlier, according to the country's central bank.

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Upcoming smart city fair to draw participants from 18 countries

2015.05.21

Potential buyers and exhibitors from 18 countries have registered so far for SMART ASIA Taiwan 2018, a trade fair showcasing smart city solutions and urban development that will be held in Taichung in July, the event's main organizer said Monday.

Taiwan ranked 17 in World Competitiveness by Swiss institute IMD

2018.05.24

IMD, a famous business school based in Lausanne, Switzerland published their annual World Competitiveness Rankings for 2018 on Wednesday, May 23.

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Taiwan unveils proposal to attract mid-level foreign staff

2018.05.15

Premier William Lai (賴清德) on Tuesday unveiled a proposal for a “New Economic Migrant Act” (新經濟移民法) to attract more mid-level technical staff from overseas.

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Macquarie Capital invests in Taiwan's driverless car development

2018.05.03

Australia-based Macquarie Capital said Thursday that it plans to set up a joint venture with a Taiwanese driverless car company by the end of this year to tap into the green energy market.

Four Taiwanese women honored on ‘Forbes’ list

2018.03.30

Four Taiwanese women have been named on this year’s Forbes “30 Under 30 Asia” list, which features 300 people under the age of 30 from across 10 industries, who are making a difference in their fields.

Taiwanese and Vietnamese businesses hold forum to increase bilateral trade

2018.04.18

On April 16 in Hanoi, Vietnam the Taiwan External Trade Development Council (TAITRA) in cooperation with the Vietnam Trade Promotion Agency (VIETTRADE) hosted a formal business networking forum.

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Economy to advance at an annual 2.58% this year: Central Bank

2018.03.22

Taiwan's economic growth rate for this year is projected to be 2.58 percent, with the consumer price index (CPI) and core CPI set to grow at a pace of 1.27% and 1.26% respectively in 2018, according to the Central Bank's forecast Thursday.

Cyber security is matter of national security: Taiwan Economics Minister

2018.03.14

Taiwanese businesses should take cyber security more seriously because it is a matter of national security, Economic Minister Shen Jong-chin (沈榮津) said Wednesday.

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Microsoft Taiwan plans to hire more women for tech jobs

2018.03.07

Microsoft Taiwan said Wednesday that it will give priority to female applicants in its latest recruitment drive, as part of an effort to close the huge gender gap in the domestic tech industry.

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Taiwan's Taoyuan Intl. ranks 3rd in service quality among world's largest airports

2018.03.07

The Airports Council International (ACI) has released their official rankings for the Airport Service Quality (ASQ) awards, determining which airports across the world offer the best service and traveler experience.

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NDC expects Taiwan’s economy to gain momentum in 2018

2018.02.21

Taiwan’s economy will continue to gather steam this year on the back of forward-looking policymaking in areas spanning infrastructure investment and regulatory easing as well as improving market conditions at home and abroad, according to the Cabinet-level National Development Council Feb. 20.

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La loi sur le recrutement des professionnels étrangers entre en vigueur

2018.02.12

Adoptée le 31 octobre dernier par le Yuan législatif, la Loi sur le recrutement et l’emploi des professionnels étrangers est entrée en vigueur le 8 février. Elle assouplit les formalités relatives au visa, au permis de travail et au séjour, et facilite l’accès à l'assurance maladie et au système de retraite, dans le but d’attirer des professionnels de talent à Taiwan.

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New rules on foreign professionals take effect

2018.02.08

The Act for the Recruitment and Employment of Foreign Professionals, which marks a milestone in Taiwan's recruitment of talent has officially come into effect, according to the National Development Council (NDC) Thursday.

Taiwan health insurance shows deficit

2018.02.03

As the health insurance system showed a deficit last year, citizens will probably have to pay 21.32 percent or NT$126 (US$4.29) more per year beginning in 2021, the Central News Agency reported Saturday.

Labor ministry unveils special work conditions

2018.02.01

The Ministry of Labor yesterday announced the special conditions under which workers would be allowed to work up to 12 consecutive days and have their rest time between shifts reduced to eight hours.

HTC begins new chapter following deal with Google

2018.01.31

2018 could be a decisive year in the ambition of Taiwanese smartphone and virtual reality (VR) device maker HTC Corp. to be the top business in the global VR, augmented reality (AR) and artificial intelligence (AI) sector, now that its financial difficulties have received a boost from a deal with U.S. tech giant Google Inc.

Google plans to make Taipei its largest R&D center in Asia Pacific

2018.01.30

Taipei will become the biggest research and development center of Google Inc., which completed a deal on Tuesday to acquire a large part of Taiwan's HTC Corp.'s smartphone assets, a Google executive said Tuesday.

Relaxed rules on foreign professionals to take effect Feb. 8

2018.01.25

Adult children of permanent resident foreign professionals will soon be able to apply for a "personal work permit" to allow them to work in Taiwan, Premier Lai Ching-te (賴清德) announced Thursday.

Tsai nixes Shih’s minimum wage idea

2018.01.24

Shih on Tuesday last week said that the goal of raising the minimum monthly wage to NT$30,000 could be achieved in four to six years if the amount is increased by between 6 and 8 percent every year. Asked if she would pledge to raise the minimum salary to NT$30,000 by 2024, Tsai said the government could not impose such a goal on economic development. “If the economic conditions are good, if businesses are able to afford raising pay, I believe the salaries will continue to go up even without making changes to the minimum wage,” Tsai said.

U.S. dollar falls to 5-year low after volatile session in Taipei

2018.01.23

The U.S. dollar fell against the Taiwan dollar Tuesday, shedding NT$0.030 to close at NT$29.402, its lowest level in five years on the back of further foreign fund inflows into the country, dealers said.The strength of the U.S. dollar was capped due to intervention by the central bank aimed at slowing the pace at which the Taiwan dollar appreciates, in a bid to boost the country's competitive edge on the global market, dealers said.

Exports break yearly, monthly records

2018.01.23

Export orders this month are expected to continue to see robust growth, because of strong demand for electronic components and in traditional industries, Department of Statistics Director-General Lin Lee-jen said. The nation’s export orders surged 17.05 percent year-on-year to a record high of US$48.47 billion last month, largely driven by a US smartphone vendor’s handset orders and rising global demand for servers.