Taipei: Labor unions representing Taiwan’s food delivery workers urged the Fair Trade Commission (FTC) on Monday to reject Grab Holdings’ proposed acquisition of foodpanda’s Taiwan operations, arguing the deal would create a de facto monopoly.

Taipei: Confidence in the local economy weakened in July amid lingering concerns over political tensions in the Middle East, according to a survey released by Cathay Financial Holding Co. on Monday.

According to Focus Taiwan,

Taipei: Taiwan shares ended down 221.57 points, or 0.52 percent, at 42,449.7 Monday on turnover of NT$983.86 billion (US$30.37 billion).

According to Focus Taiwan, the market experienced a notable decline, reflecting investor sentiment and trading

Taipei: The Ministry of Economic Affairs (MOEA) has defended the resilience of Taiwan’s semiconductor supply chain, dismissing concerns raised by former Intel Corp. CEO Pat Gelsinger that a disruption to Taiwan’s energy supply could devastate

Taipei: American Institute in Taiwan (AIT) Director Raymond Greene on Thursday welcomed Taiwan Semiconductor Manufacturing Co.’s (TSMC) plan to invest an additional US$100 billion in the United States, describing it as a sign of confidence