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Taiwan revises 2025 growth forecast to 7.37%, on rising AI demand
Updated : 3 months, 2 weeks ago IST
Soaring demand for artificial intelligence (AI) is boosting both exports and investment, prompting the Directorate-General of Budget, Accounting and Statistics (DGBAS) on Friday to sharply revise up Taiwan's 2025 economic growth forecast to 7.37 per cent.
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Amid suspected leak, NDC head says ex-TSMC exec lacked access to core tech
Updated : 3 months, 3 weeks ago IST
The former Taiwan Semiconductor Manufacturing Co. (TSMC) executive suspected of leaking technical secrets did not have access to the company's core technology, National Development Council (NDC) head Yeh Chun-hsien said Thursday.
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Strong AI demand uplifts Taiwan's industrial production in September
Updated : 4 months, 3 weeks ago IST
Strong AI demand drove Taiwan's industrial production index up 15.48 per cent year-on-year in September to 115.38, with the manufacturing sector production index for the whole year expected to grow more than 10 per cent from 2024, according to a report by Focus Taiwan.
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Taiwan to overtake Korea in per capita GDP in 2025: IMF
Updated : 4 months, 3 weeks ago IST
South Korea's per capita gross domestic product (GDP) is projected to fall by three notches this year, according to a report released by the International Monetary Fund (IMF).
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Taiwan's economy shows moderate, stable growth in June amid tariff uncerta
Updated : 7 months, 1 week ago IST
Taiwan's economy continued to show a "green light", reflecting a stable growth in June, according to a report released by the National Development Council (NDC), as reported by Focus Taiwan.
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