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Taipower's financial struggles are of particular concern as Taiwan aims to increase the share of green power in its energy mix to 20 per cent by 2025, up from approximately 8 per cent in 2022. The government's target to phase out nuclear power generation adds complexity to achieving this goal.
Taiwan's naval modernization efforts have taken a significant leap forward with the unveiling of its new-generation light frigates, poised to become the cornerstone of its maritime defence strategy.
Tuvalu's upcoming elections hold immense geopolitical significance, with potential shifts in diplomatic alliances, especially regarding Taiwan and China.
The United States Navy sails USS John Finn through the Taiwan Strait post-Taiwan elections, escalating tensions with China and emphasizing support for Taiwan.
Last month, export orders plunged by 16% year-on-year to US$43.81 billion, falling below the ministry's forecast of an 8% decline. The persistent challenges of a wavering global economy impacting consumer spending, coupled with ongoing supply chain corrections, contributed to the disappointing performance.
Six balloons from China crossed the sensitive line between China and Taiwan on Sunday. Of these, only one balloon crossed over the southern tip of Taiwan. The remaining five balloons veered to the north of Taiwan but did not encroach upon its land territory.
Quantum computer with 5-qubit chips launched by Academia Sinica yesterday.
Presale projects and new houses in northern Taiwan totaled NT$1.1 trillion (US$34.84 billion) in 2023, marking a 12.1% decline to a four-year low.
The world’s largest contract chipmaker saw revenue contract 4.5 per cent to NT$2.16 trillion (US$68.42 billion) last year.
China's first significant military activity around Taiwan after the election heightens tensions in the region.
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