Economy of Taiwan | South China Morning Post
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  • Mar 1, 2015
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Economy of Taiwan

Taiwan insurers go global in search of returns

Central Taipei is a stable and healthy property market, but lacks strong returns. Photo: AFP

Passing through Taipei's major business districts, it is common to see office buildings adorned with names of insurance companies. Indeed, about half of the grade-A office buildings in the city are owned by domestic insurers, with these companies accounting for about 40 per cent of turnover in the past few years.

Wednesday, 24 April, 2013, 5:20am

Demand from mainland China powers Taiwan's export growth

Mobile phones manufactured by HTC Corp. Photo: Bloomberg

Taiwan's exports rose more than forecast last month, signalling the island's recovery is gathering pace amid stronger demand from the mainland.

8 Jan 2013 - 4:21am

Business Digest, October 31, 2012

HKMA steps in again to weaken HK dollar

31 Oct 2012 - 2:31am

Taiwan further cuts 2012 GDP forecast, inflation slightly up

A logo of Taiwan's computer giant Acer Inc. is seen on top of a building iin Taipei, Taiwan.  EPA/DAVID CHANG

TAIPEI, Taiwan (AP) — Taiwan's government has lowered its 2012 economic growth forecast to 1.6 percent as foreign demand for the island's electronics exports weakens.

The new forecast released Friday would be Taiwan's weakest growth since the global financial crisis caused a global recession in 2009.

17 Aug 2012 - 5:06pm

Cafe dregs secret to popular apparel

While Taiwanese manufacturers have for years steadily shifted their operations to the mainland, at least one is swimming against the tide, using a raw material usually associated with cafes.

7 Jul 2012 - 12:00am

Mainland workers now have hopes beyond pay

Investment to increase salaries and improve working conditions at mainland electronics factories may not be enough to keep migrant workers engaged, happy and productive, according to experts.

5 Apr 2012 - 12:00am

Taipei pledges to transform economy

As home to some of the world's biggest technology manufacturing companies, Taiwan plays a vital role in the global supply chain.

17 Feb 2012 - 12:00am

Singled out

Wearing a smart business suit, Lin Hsiu-li sips a cappuccino in a Taipei coffee shop. 'I have a good job in the government, I have an apartment and enjoy my life,' she says. 'Raising a child costs at least NT$5 million [HK$1.27 million].

'The men in Taiwan cannot keep up with the women. Why should I marry?'

5 Feb 2012 - 12:00am

Taiwanese bike maker has smooth ride on mainland

Giant Manufacturing got what it wanted from a free-trade agreement that took effect this year between its home base in Taiwan and the rapidly growing mainland market, but the benefits did not last long.

19 Dec 2011 - 12:00am

Fire breaks out at a Foxconn Shandong plant

Foxconn Technology Group, which makes Apple iPhones and iPads on the mainland, said a fire yesterday broke out at one of its factories in Shandong province, but no one was hurt.

The blaze started in one of the facilities at the company's Yantai complex at about 10am.

28 Sep 2011 - 12:00am

Treat for delegates

Taiwan has expanded its Meet Taiwan Card campaign and plans to issue 6,000 to 7,000 cards to delegates at international conferences until November 15.

14 Sep 2011 - 12:00am

HK man's scam thwarted in Taiwan

A 'greedy' Hong Kong tourist was arrested in Taiwan on Sunday after he allegedly conned cashiers out of about NT$2,700 (HK$800), while he had the equivalent of HK$51,000 in his pocket.

The 60-year-old man was nabbed in Yilan, northeastern Taiwan, after he deceived a busy coffee-shop worker into giving him change for a NT$1,000 note he had already taken back.

27 Apr 2011 - 12:00am

Cross-strait ties are flourishing

It was with considerable fanfare that the first cross-strait flights in recent years between Taiwan and the mainland took place in July, 2008.

4 Oct 2010 - 12:00am

Yangzijiang advances 7pc daily limit on debut

Yangzijiang Shipbuilding Holdings, one of the mainland's top three private shipyards and the first mainland company to list in Taipei using Taiwan depositary receipts, made its trading debut with flying colours.

The company rose the maximum 7 per cent daily trading limit allowable with TDRs, before a mandatory suspension was triggered on the Taiwan Stock Exchange.

9 Sep 2010 - 12:00am

Pact brings Taipei, Beijing closest since end of civil war

Beijing and Taipei have signed a landmark tariff-reduction trade pact, bringing the long-term political rivals to their closest point since the end of the Chinese civil war in 1949.

The signing of the Economic Co-operation Framework Agreement (ECFA) yesterday will give a major boost to two-way trade worth about US$110 billion at present.

30 Jun 2010 - 12:00am