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Local consumer confidence edges up after declines
3+ day, 6+ hour ago (395+ words) The consumer confidence index edged up this month, ending two consecutive months of declines, as people shrugged off concerns about the Middle East war that broke out at the end of February, a report released yesterday by National Central University…...
SME program yields solid returns: economics ministry
2+ day, 6+ hour ago (353+ words) A government-initiated program, supported by the National Development Fund (NDF), has invested NT$11. 31 billion (US$358. 84 million) in 334 small and medium-sized enterprises (SMEs) in Taiwan since 2007 with solid results, the Ministry of Economic Affairs said yesterday. The program has helped drive…...
Japan inflation cools demand for vending machine drinks
4+ day, 6+ hour ago (385+ words) From post offices and parks to stations and even the summit of Mount Fuji, Japan's vending machines are ubiquitous, but with the rapid pace of inflation cooling demand for their drinks, operators are being forced to rethink the business. Last…...
TIER raises GDP forecast to 7. 56%
6+ day, 6+ hour ago (479+ words) Taiwan's economic outlook has brightened, despite mounting geopolitical risks, as robust demand for artificial intelligence (AI) drives exports and investment, the Taiwan Institute of Economic Research (TIER, ") said yesterday. The Taipei-based think tank raised its forecast for Taiwan's GDP growth…...
Warning of higher condom prices goes viral in China
1+ week, 6+ hour ago (317+ words) A warning of higher condom prices by the world's top maker has gone viral in China with the hashtag "condom prices rising" garnering more than 60 million views by yesterday on Chinese social media and stoking talk of stockpiling. The Iran…...
Reverse mortgage lending surging to a record high
1+ week, 2+ day ago (431+ words) Reverse mortgage lending in Taiwan is accelerating as more elderly homeowners tap rising property values to fund their retirement, signaling that the once-niche financial product is entering a faster growth phase. The trend comes as Taiwan rapidly moves toward becoming…...
ADB forecasts GDP to rise 7. 6 percent on semiconductors
1+ week, 4+ day ago (418+ words) The Asian Development Bank (ADB) projected Taiwan's economy would grow 7. 6 percent this year, as surging demand for advanced semiconductors underpins the nation's technology exports and investments despite higher energy prices amid the Middle East conflict. The figure was up 3. 6 percentage…...
Finance sector entering volatile period, Pw C says
2+ week, 2+ day ago (411+ words) Despite strong momentum in capital markets " with the TAIEX surpassing 30, 000 points in early January and yesterday climbing above 36, 000 on the back of the AI boom " underlying structural risks are building, the consultancy firm said. "Structural risks are increasing beneath the…...
Inflation under control: central bank - Taipei Times
2+ week, 4+ day ago (398+ words) Imported inflation" has remained controllable, despite the war in the Middle East pushing up international energy prices, causing domestic consumer prices to rise, the central bank said. The New Taiwan dollar's appreciation against the US dollar has eased the impact…...
Asia growth to slow even if oil prices stabilize: ADB
2+ week, 6+ day ago (425+ words) Economic growth across Asia would likely slow even if oil prices stabilize in the coming months, as the impact of war in the Middle East ripples through industries from manufacturing to tourism, the Asian Development Bank (ADB) said. The US…...
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