Every week, we'll select Taiwan's five business news from the previous week for your review.
The Chung-Hua Institution for Economic Research (CIER) has raised its forecast for Taiwan's 2024 gross domestic product (GDP) growth to 3.96 percent, citing booming demand for artificial intelligence (AI) applications.
Taiwan's industrial production rose more than 11 percent in September from a year earlier, marking the seventh consecutive monthly year-on-year increase.
〔Taiwan News〕Taiwan's digital nomad program to launch November
National Development Council (NDC) Minster Liu Chin-ching (劉鏡清) said Thursday (Oct. 24) that Taiwan’s digital nomad program will launch in November. Reporting to the Legislative Yuan’s Economics Committee on Thursday, Liu said the NDC’s “ national talent competitiveness jumpstart program" aims to add 120,000 foreign professionals by 2028.
〔Taiwan News〕Technology sector stabilizes Taiwan stock market
Taiwan's stock market recovered to above its 10-day moving average of approximately 23,277 points Friday (Oct. 25), driven by tech-weighted stocks.
The buzz of excitement reverberated through the venue on the opening night of Taipei Fashion Week, Taiwan's most anticipated fashion event. This year, the runway was graced by a unique collaboration, combining the worlds of high fashion and digital illustration. Six talented fashion designers teamed up with six professional digital illustrators, creating an unprecedented fusion that has captivated audiences and set a new standard in the industry.
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