Taiwan: Taipei and New Taipei housing, the science-park corridors, and the rules governing purchases.
A new tunnel connecting Zhongxiao E Road with an access road to the National Biotechnology Research Park in Nangang District opened yesterday, significantly reducing travel time, the Ministry of the Interior said in a statement. A ceremony was held yesterday morning for the opening of the Shengji Tunnel, which is expected to ease traffic congestion during peak hours on Zhongxiao E Road Sec 7 and Academia Road, while also cutting travel time between Nangang and New Taipei City’s Sijhih District, Deputy Minister of the Interior Wu Tang-an said in the statement.
The Association of Chain and Franchise Promotion, Taiwan reported that 9.5% of convenience stores nationwide did not operate around the clock in 2022, with the share expected to rise this year due to labour shortages and a low birthrate. Operators including 7-Eleven and FamilyMart have adjusted hour
President William Lai broke ground on the Baipu Industrial Park in Kaohsiung, a nearly 89-hectare site that will create over 4,000 jobs and generate NT$300 billion in annual production value. The park will host TSMC facilities and is expected to become Taiwan's first semiconductor base focused on de
Ukraine launched what Moscow's mayor called the largest drone attack yet on the Russian capital, killing two people in the Moscow region and two more in Russian-held parts of Ukraine's Kherson region. The attack came on the final day of a parliamentary election that President Vladimir Putin has fram
President William Lai announced the establishment of the World Alliance for Disaster Management (WADM) at a forum in Taipei, calling it Taiwan's biggest breakthrough in joining international organisations in over 50 years. The alliance has 12 founding members, including 11 of Taiwan's diplomatic all
An Argentine federal judge has ordered British and Israeli companies to stop developing the Sea Lion oilfield off the Falkland Islands, pending an environmental review. The injunction targets Navitas Petroleum and Rockhopper Exploration, though enforcement depends on international cooperation and th
Taiwan's central bank kept key interest rates unchanged for a 10th straight quarter, but raised the maximum loan-to-value ratio for second-home buyers to 70 per cent from 60 per cent. The move signals confidence that property lending has cooled enough to allow targeted relaxation without undermining
Premier Cho Jung-tai attended a Chunghwa Telecom mass wedding in Taipei where 72 couples were married, urging them to help address Taiwan's demographic challenges. He highlighted government support including a planned NT$5,000 monthly child-rearing allowance and expanded childcare services.
Taiwan and Paraguay have launched a pilot carbon credit project covering five hectares of woodland in Paraguay's Chaco region, the Climate Change Administration said. The project explores verification and transfer methods for carbon credits. Two universities also signed a separate MOU on talent deve
Ministry of the Interior data shows single-person households reached about 3.99 million last year, accounting for 40.5 per cent of all registered households and surpassing the combined share of two-person and three-person households for the first time. A real estate analyst attributes the trend to f
Taiwan's population is projected to shrink by nearly half over the next five decades, falling to 12.15 million by 2075. The National Development Council warns of deepening labour shortages and a rapidly aging workforce that will challenge the economy's growth model.
The US Marine Mineral Administration has proposed auctioning deep sea mining leases for 28m hectares of seabed near the Northern Mariana Islands and Guam. Governors of both US territories have voiced strong opposition, citing insufficient environmental safeguards and risks to marine ecosystems.
Average total household income in Taiwan reached NT$1,529,000 last year, up 3.3% year on year, according to the Directorate-General of Budget, Accounting and Statistics. Hsinchu City and Hsinchu County posted the highest incomes, driven by the technology sector, while Taipei led in property income a