Taiwan – Page 3614 – Prologue Journal

New public transport pass deals to be rolled out in Kaohsiung, Tainan

Taipei, April 12 (CNA) Kaohsiung will slash the price of its monthly public transport pass to NT$399 (US$13.06) later this month, while neighboring Tainan will begin offering its own monthly pass for NT$299 in late May, the two city governments announced this week. https://focustaiwan.tw/society/202304120013

Taiwan shares close slightly up as TSMC incurs further losses

Taipei, April 12 (CNA) Shares in Taiwan closed slightly higher Wednesday, as Taiwan Semiconductor Manufacturing Co.’s (TSMC) negative performance eroded gains made by select old economy stocks. https://focustaiwan.tw/business/202304120012

VP Lai picked as DPP’s candidate for 2024 presidential election

Taipei, April 12 (CNA) Taiwan’s ruling Democratic Progressive Party (DPP) on Wednesday officially selected Vice President Lai Ching-te (賴清德) as its candidate for the 2024 presidential election. https://focustaiwan.tw/politics/202304120011

U.S. dollar closes higher on Taipei forex market

Taipei, April 12 (CNA) The U.S. dollar rose against the Taiwan dollar Wednesday, gaining by NT$0.03 to close at NT$30.505. https://focustaiwan.tw/business/202304120010

IMF cuts Taiwan GDP growth forecast for 2023 to 2.1%

Taipei/Washington, April 12 (CNA) The International Monetary Fund (IMF) has lowered Taiwan’s 2023 gross domestic product (GDP) growth forecast by 0.7 percentage points to 2.1 percent amid an ongoing global economic slowdown . https://focustaiwan.tw/business/202304120009

Hon Hai seeks to roll out space computing servers within 18-24 months

Taipei, April 12 (CNA) Foxconn Industrial Internet Co. Ltd. (FII), an internet-focused subsidiary of Taiwan-based manufacturing giant Hon Hai Precision Industry Co., plans to roll out servers for use in space computing within 18-24 months, according to a source close to the development. https://focustaiwan.tw/sci-tech/202304120008

Taiwan shares close up 0.12%

Taipei, April 12 (CNA) Taiwan shares closed up 19.09 points, or 0.12 percent, at 15,932.97 Wednesday on turnover of NT$228.97 billion (US$7.5 billion). https://focustaiwan.tw/business/202304120007

Tamkang University ex-vice president dies in suspected suicide

New Taipei, April 12 (CNA) Wang Kao-cheng (王高成), the former vice president for international affairs at Tamkang University, was found dead Wednesday in an apparent suicide on school grounds. https://focustaiwan.tw/society/202304120006

Taiwan’s issues are Canada’s issues: Visiting lawmaker

Taipei, April 12 (CNA) Canadian lawmaker John McKay told President Tsai Ing-wen (蔡英文) Wednesday that “Taiwan’s issues are Canada’s issues and Canada’s issues are Taiwan’s issues,” during a meeting at the Presidential Office in Taipei. https://focustaiwan.tw/politics/202304120005

U.S. dollar higher in Taipei trading

Taipei, April 12 (CNA) The U.S. dollar was traded at NT$30.483 at 10 a.m. Wednesday on the Taipei Foreign Exchange, up NT$0.080 from the previous close. https://focustaiwan.tw/business/202304120004