Saturday, March 1, 2014
An improving job market outlook for Taiwan will support consumer confidence and the country's economic growth momentum in 2014, according to an analysis by British banking group Standard Chartered Bank.
Friday, February 28, 2014
The economic monitoring indicator flashed the “yellow-blue” signal in January, representing a transitional economy, according to a report released by the National Development Council (NDC) yesterday.
The Ministry of Economic Affairs (MOEA) has set the goal to negotiate a zero tariff deal with mainland China for Taiwan's panel, machinery, petrochemical and automobile industries by midyear.
In light of the rapid rise of pork prices following the outbreak of a porcine diarrhea epidemic, the Fair Trade Commission (FTC) yesterday announced that it will be monitoring the practices of suppliers and food companies to detect and prevent occurrences of collusion and price fixing, while pledging to impose severe consequences on offenders.
Although the Cabinet-affiliated Fair Trade Commission (FTC) has taken notice of the looming pork price hike, pig farmers said prices during the Ghost Festival — Aug. 10 of this year — will definitely see an impact.
The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.005 to end at NT$30.355 after the local central bank intervened to help the greenback return into positive territory at the close, dealers said.
Shares in Taiwan closed on Thursday at this year's new high of 8,639.58, with the bellwether electronics sector continuing its upward momentum as investors shrugged off Wall Street's lackluster showing, dealers said.
Thursday, February 27, 2014
Taiwan's real average wage stood at NT$44,739 (US$1,471) in 2013, lower than 1998's real average wage of NT$44,798 following adjustments for inflation, according to data released Wednesday by the Directorate General of Budget, Accounting and Statistics.
A recent survey showed that the lump sum of the world's top 10 luxury property transactions reached US$264 million in 2013, with Taipei in second place preceded by Colorado and followed by Singapore.1 Comment
Taiwan's unemployment rate in January was pegged at 4.02 percent, down 0.06 percent from the previous month and 0.14 percent from a year ago, the lowest rate since July 2008, according to the latest job market report released by the Directorate-general of Budget, Accounting and Statistics (DGBAS), yesterday. After taking seasonal factors into consideration, the jobless rate was pegged at 4.07 percent.