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Taiwan intends to restore tourist arrivals to pre-pandemic levels of about 10 million per year by 2024, but industry insiders say that is ‘optimistic’, as airlines are still rebuilding capacity and visitors are spending cautiously. Source link
Read More »China’s ‘slowing economic situation’ again hurt Taiwan’s export orders
Taiwan’s export orders totalled US$55.4 billion in October, down by 6.3 per cent year on year, with orders from mainland China and Hong Kong plummeting by 26.7 per cent, data released on Monday showed. Source link
Read More »Taiwan needs to tackle its serious crime and livelihood issues
Taiwan’s favourable image in the West masks serious governance, societal and economic problems, which have led to the deteriorating crime situation. Growth has started to slow as exports fall, which suggests poverty and inequality could worsen, and crimes such as extortion kidnappings could increase. Source link
Read More »Taiwan’s export orders fall again as demand from mainland China dives
Taiwan’s export orders totalled US$60.93 billion in September, down by 3.1 per cent year on year, amid declining demand from the island’s biggest buyer, mainland China. Source link
Read More »As birth rates fall, Asia’s race for expat talent intensifies
Mainland China is competing for foreign talent with Hong Kong, Japan, Singapore, South Korea and Taiwan, all of which face a shrinking workforce due to low birth rates and ageing populations. Source link
Read More »Europe eyes new chip supply chains as Taiwan tensions risk ‘choking’ supply
Amid tensions between Taiwan and mainland China, Europe is looking to establish Western-friendly semiconductor supply chains with the help of Taiwanese chip making giants, experts say. Source link
Read More »9-year-old boy among Taiwan’s Covid deaths as cases fall on island
Central Epidemic Command Centre is watching closely to see if Dragon Boat Festival holiday prompts a spike in cases. Source link
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