• 11/16/2024

Cabinet approves measures to encourage SMEs to raise wage

Taipei, Nov. 7 (CNA) The Executive Yuan, Taiwan’s Cabinet, on Thursday approved a plan to provide incentives to encourage small and medium-sized enterprises (SMEs) to increase the wages of their employees. https://focustaiwan.tw/politics/202411070022

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Budget impasse at Legislature nears end as Cabinet cedes to KMT, TPP demands

Taipei, Nov. 7 (CNA) The monthlong stalemate at the Legislature over the central government’s budget plan for the fiscal year 2025 is likely to come to an end after the Cabinet on Thursday agreed to opposition lawmakers’ demands. https://focustaiwan.tw/politics/202411070021

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Trump’s approach to Taiwan ‘unpredictable’: Scholars

Taipei, Nov. 7 (CNA) Taiwanese scholars said that Washington’s approach to Taiwan over the next four years will likely be “unpredictable” after former U.S. President Donald Trump was elected to a second term on Wednesday. https://focustaiwan.tw/politics/202411070020

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Likely pro-Taiwan picks for Trump’s cabinet imply continuing U.S. support: Experts

Taipei, Nov. 7 (CNA) The Taiwan-friendly candidates tipped to be Trump’s secretary of state and secretary of defense pointed toward U.S. support for Taiwan continuing under the incoming Donald Trump administration, experts said Thursday. https://focustaiwan.tw/politics/202411070019

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U.S. dollar closes higher on Taipei forex market

Taipei, Nov. 7 (CNA) The U.S. dollar rose against the Taiwan dollar Thursday, gaining NT$0.065 to close at NT$32.240. https://focustaiwan.tw/business/202411070018

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Think tank raises Taiwan 2024 GDP growth to 4.03%

Taipei, Nov. 7 (CNA) The Taiwan Institute of Economic Research (TIER) on Thursday raised its 2024 GDP growth forecast for Taiwan to 4.03 percent, citing an economic expansion underpinned by stable domestic demand and increasing exports. https://focustaiwan.tw/business/202411070017

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TSMC able to cope with Trump in White House: Expert

Taipei, Nov. 7 (CNA) Contract chipmaker Taiwan Semiconductor Manufacturing Co. (TSMC) should be able to minimize the potential impacts of U.S. President-elect Donald Trump’s second term, an industry expert said Wednesday. https://focustaiwan.tw/business/202411070016

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Economics minister upbeat about Taiwan’s future despite Trump tariff threats

Taipei, Nov. 7 (CNA) Economics Minister Kuo Jyh-huei (郭智輝) said Thursday that U.S. President-elect Donald Trump’s mooted 10 percent tariff on all U.S. imports will have a limited effect on Taiwan. https://focustaiwan.tw/business/202411070015

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One more death reported in Kaohsiung fire

Taipei, Nov. 7 (CNA) The death toll from a fire in Kaohsiung early Thursday morning has risen to four after the confirmation of the death of a 61-year-old man surnamed Tung (董). https://focustaiwan.tw/society/202411070014

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Table tennis star Lin Yun-ju invests in U.S. pro team

Taipei, Nov. 7 (CNA) Taiwan’s top table tennis player Lin Yun-ju (林昀儒) made his debut in the American pro table tennis scene by taking on a new role as a team’s co-owner. https://focustaiwan.tw/sports/202411070013

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