Business

Taiwan Power Co (Taipower), the island’s state-owned electricity utility, is grappling with an anticipated increase in fuel costs amounting to more than NT$160 billion (approximately US$4.92 billion) this year. This …

In a significant move to bolster economic ties, Taiwan and the U.S. state of Kansas have signed a memorandum of understanding (MOU) aimed at enhancing trade and economic cooperation across …

Taiwan is set to significantly increase its imports of liquefied natural gas (LNG) from the United States, aiming for over 20% of its total LNG supplies this year, a notable …

Taiwan is progressing in negotiations to secure a significant stake in the Alaska LNG project, an initiative that could see the island nation investing up to $4.4 billion and receiving …

The International Monetary Fund (IMF) has significantly raised its economic growth forecast for Taiwan in 2026, projecting a growth rate of 10.7%. This represents more than double its previous estimate …

Taiwan is set to distribute a one-time cash payment of NT$10,000 (approximately US$315) to eligible residents starting January 26, 2027, contingent upon the approval of the government’s proposed budget. This …

The European Union is currently under scrutiny for proposing a trade instrument similar to the United States’ Section 301, which has sparked concerns about its implications for trade relations with …

Taiwan’s economy continues to experience robust activity, as indicated by the highest category on its economic monitoring system for the ninth consecutive month in August. The composite indicator maintained its …

Taiwan and Thailand are advancing their collaboration in the realm of smart agriculture, emphasizing the integration of artificial intelligence, low-carbon farming, and cutting-edge agricultural technology. This development follows a visit …

The European Union is facing a mounting challenge in its automotive market as Chinese-made hybrid vehicles witness a remarkable surge in sales. With hybrid vehicles now making up nearly 37% …