Tritonix.ai

News / Taiwan / cnyes

Taiwan Industry Group Backs Minimum Wage Hike While Urging Support for Traditional Sectors

Miscellaneous · Miscellaneous · cnyes · 2026-08-24

1229

The Federation of Industries supports a minimum wage increase to over NT$30,000 but warns the government against over-prioritizing semiconductors over traditional industries.

What Happened

Minimum Wage Hike: Federation of Industries Chairman Pan Chun-jung expressed support for the government's plan to raise the monthly minimum wage above NT$30,000. He believes that profitable companies should share their success with employees, fostering a win-win scenario for businesses, workers, and society.

Industrial Imbalance: Pan cautioned that Taiwan’s economic focus has become too heavily skewed toward AI and semiconductors. He urged the government to allocate more resources to traditional industries, which are currently struggling with labor shortages and lower wage growth, to ensure balanced economic development.

Energy Policy Concerns: To address corporate anxiety over power stability, the federation proposed a more diversified energy policy, including the potential restart of the No. 2 and No. 3 nuclear power plants. They also suggested amending energy laws to allow large power consumers to build their own power plants.

Policy Influence: The release of the "2026 Federation of Industries White Paper" highlights critical issues such as labor shortages and industrial transformation. As a key dialogue platform, the white paper has historically seen a high adoption rate, with 75% of last year's recommendations implemented by the government.

Read original

More in Miscellaneous

Taiwan Stocks Pull Back on Low Volume; ETF Interest Wanes

Miscellaneous · economic_daily · 2026-08-24

Taiwanese stocks trended lower on thin trading volume today as investor interest in ETFs cooled, leaving individual stocks to dominate the market activity.

00406, 0050, 2301, 2303, 2324, 2408, 6770

Invesco's RSP Hits $100 Billion Milestone as Equal-Weight Investing Gains Traction

Miscellaneous · cnbc · 2026-08-23

The Invesco S&P 500 Equal Weight ETF (RSP) has surpassed $100 billion in assets as investors pivot away from concentrated mega-cap tech stocks.

RSP, VOO, SPY, IVV, EQAL, QQEW, NOBL, EUSA, EQL, RSPT, XBI, QEW, .SPX, RSP, VOO, NOBL, EQL, EUSA, QEW, AAPL, TSLA, AMZN, NVDA, GOOGL, MSFT, META, XBI

Gold Prices Surge Past $4,600; Precious Metal ETFs Rally with 00708L Leading Gains

Miscellaneous · cnyes · 2026-08-22

International gold prices broke through the $4,600 mark as bond yields and the dollar weakened, fueling a rally in precious metal ETFs like 00708L.

00635U, 00708L

Latest in Taiwan

Material-KY Q2 Profit Drops 58% YoY; Company Eyes Second-Half Recovery

Process Industries · economic_daily · 2026-08-24

Material-KY reported a 58% year-on-year decline in Q2 net profit to 717 million TWD, citing geopolitical headwinds and inventory adjustments.

4763

Taiwan Stocks Slip Below 45,000 as Trading Volume Hits Multi-Month Low

Electronic Technology · economic_daily · 2026-08-24

Taiwan's benchmark index fell 461.97 points to close at 44,762.32, with trading volume dropping to its lowest level since April amid cautious market sentiment.

1301, 1303, 1326, 2059, 2303, 2308, 2317, 2330, 2383, 2454, 2609, 2610, 2636, 3006, 3260, 3532, 3665, 5274, 5483, 6182, 6488, 6505, 6770, 6949, 8299

Taiwan Stocks Slide Below Quarterly Support as Foreign Investors Turn Net Sellers

Electronic Technology · cnyes · 2026-08-24

Taiwan's stock market fell 461.97 points to close at 44,762.32, breaking below key moving averages on the lowest trading volume in over four months.

Xiaomi Unveils Xring O3 Chip: Reportedly Tapping TSMC 3nm for Flagship Foldables

Electronic Technology · cnyes · 2026-08-24

Xiaomi has introduced its latest self-developed Xring O3 processor, which is reportedly manufactured using TSMC's 3nm process to power upcoming flagship foldables.

2330, 2454