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  • Cross-strait trade focus of Taiwan Chamber’s Beijing visit

    Explore the latest developments in cross-strait relations as Taiwanese and Chinese business leaders aim to deepen economic ties and investment. This visit marks a step toward enhancing trade and cultural exchanges.
    2024/06/26 12:26
  • President Tsai commends Yuan Ye Award winners

    President Tsai Ing-wen met with representatives of the winners of the 2023 Yuan Ye Awards, emphasizing the government’s commitment to collaborating with local governments on vital construction projects. She also encouraged stronger collaboration between private enterprises and the government to drive Taiwan’s architectural progress. The winning projects were praised for showcasing Taiwan’s diverse and robust architectural design, positively impacting the country’s urban-rural scenery. The Yuan Ye Awards, with a nearly 30-year history, recognize Taiwan’s unique architectural products and landscape designs through a rigorous judging process, making it a prestigious honor sought after by county and city governments, as well as private enterprises.
    2024/02/05 15:56
  • Survey: Taiwan a top choice for studying abroad in 2024

    More than 80% of international students are interested in applying for new specialized classes that allow them to work in Taiwan, according to a report by the Association of International Cultural and Educational Exchange Taiwan (AICEE Taiwan). The report, titled "Blue Ocean of International Enrollment Trends 2024," surveyed over 2,000 students from 60 countries who plan to study abroad and learn Chinese. The top three advantages Taiwan offers to international students are high-quality education, a safe environment, and the opportunity to learn Mandarin. Additionally, 86% of international students expressed interest in applying for internship subsidies provided by the Executive Yuan’s initiative and private enterprises. Upon graduation, international students prioritize entering suitable industries, finding employment quickly, and securing high employment rates. Furthermore, 14% of respondents hope that their experience studying in Taiwan will give them a competitive edge in their future education. Scholarships, English-taught programs, and high teaching quality are important factors for students considering studying abroad, while geographical location becomes crucial for those wanting to learn Chinese. Allen Hung, the CEO of AICEE Taiwan, advises Taiwanese universities to provide not only essential enrollment information but also reinforce information about internships and job opportunities during and after studies.
    2024/01/03 17:03
  • Lai Ching-te pledges unity, safety in presidential bid

    DPP presidential candidate Lai Ching-te has proposed a comprehensive national vision, emphasizing unity, safety, and cross-strait cooperation based on mutual respect if elected. Lai aims to establish a transparent government by combating corruption, including illegal drugs and arms dealing, fraud, and embezzlement. He also plans to boost Taiwan’s economy by supporting the growth of small and medium enterprises in high-tech industries. Lai is committed to education equity, with plans to waive high school and vocational school fees and provide financial aid to private university students. He also pledges to improve long-term care facilities and services through the implementation of Long-term Care 3.0. Lai and his running mate, Hsiao Bi-khim, are dedicated to caring for the people, protecting Taiwan’s security, and advancing its development.
    2023/12/26 20:06
  • Taiwan’s average salary hits 8-year high at NT$694K

    Taiwanese companies have raised fixed monthly salaries in an attempt to address labor shortages, but the annual salary increase rate has declined to 2.5% from last year’s 3.1%. Despite this, the average annual salary in Taiwan reached a new eight-year high at NT$694,000 in 2023. The semiconductor industry remains the highest-paying sector for the eighth consecutive year, surpassing NT$1 million in average salary. Following the semiconductor industry, the computer and consumer electronics manufacturing, electronic components manufacturing, telecommunications and communication services, and software and internet industries are the next highest-paying sectors. In terms of engineering roles, IC design engineers earn the highest yearly earnings, while auditors, computer systems analysts, and network security analysts lead non-engineering jobs. Year-end bonuses in 2023 decreased to an average of 1.08 months’ worth of salary, the lowest in a decade. Financial institutions are expected to provide the highest average year-end bonuses, followed by the semiconductor and construction industries. Looking ahead to 2024, civil servants, educators, and military personnel will receive a 4% pay increase, while private companies anticipate an average increase of 3.2% in salaries, with the accommodation and food services industry having the highest proportion of enterprises raising pay.
    2023/11/29 16:06
  • Taiwan Q3 GDP growth revised down to 2.32%

    The Directorate-General of Budget, Accounting and Statistics (DGBAS) has revised Taiwan’s third-quarter GDP growth forecast to 2.32%, down from the previous estimate of 2.54%. The revision is attributed to a slowdown in private capital formation, including government and public enterprises’ fixed investments and stock changes. However, the DGBAS official, Wang Tsui-hua, stated that Taiwan’s economy is still improving, with a third-quarter GDP growth rate of 10.47% on a seasonally adjusted annual rate (saar). If fourth-quarter forecasts are maintained, this year’s GDP will be revised downward to 1.55%.
    2023/11/02 19:45
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