Taipei-Taiwan Semiconductor Manufacturing Co. (TSMC) said that a seven-hour power outage at Tainan Science Park on Wednesday mainly disrupted the production of 40-nanometer chips at one of its factories.The company, the world’s largest contract chipmak…
Category Archives: Sales
Taipei-Employees in Taiwan received an average year-end bonus of NT$70,513 (US$ 2,453) for 2020, the highest ever despite the economic impact of the COVID-19 pandemic, the nation’s statistics bureau reported Tuesday.NT$70,513 is equal to 1.64 months of…
Taipei-Singapore-based DBS Bank has raised its forecast for Taiwan’s gross domestic product growth for 2021 to 5 percent, citing the country’s competitive edge in the global semiconductor market.The bank also pointed to Taiwan’s success in containing C…
Taipei-The four major entities of conglomerate Formosa Plastics Group (FPG) had a combined net profit of over NT$63 billion (US$2.22 billion) in the first quarter, compared with a net loss in the same period last year.In a statement, the four FPG subsi…
Taipei-Taiwan’s consumer price index (CPI) rose 1.26 percent in March year-on-year, due mainly to price increases in food, clothing, fuel and plane tickets, a cabinet-level agency reported on Thursday.Of the seven major categories that make up the CPI,…
Taipei-Moody’s Investors Service has revised the outlook for Taiwan’s banking sector to stable from negative, citing strong economic growth that has supported banks’ asset quality, the ratings agency said in a research report published Monday.”Taiwan’s…
Taipei,) Premier Su Tseng-chang (???) said Thursday that the government is considering a surcharge for the biggest water consuming industries in the country to encourage conservation, as Taiwan is now in the grips of a dire water shortage.The idea is t…
Taipei, After concluding a quarterly policymaking meeting on Thursday, Taiwan’s central bank decided to leave its key interest rates unchanged, a move widely anticipated by the market.Following the decision, the discount rate remains at 1.125 percent,…
Taipei, Chinese nationals are once again allowed to apply to visit Taiwan for business reasons, more than one year after being banned from doing so due to the COVID-19 pandemic, the Mainland Affairs Council (MAC) said Thursday.Under the new policy, Chi…
Taipei, After concluding a quarterly policymaking meeting on Thursday, Taiwan’s central bank decided to leave its key interest rates unchanged, a move widely anticipated by the market.Following the decision, the discount rate remains at 1.125 percent, …