We Bring Latest and Current Updates
In a report this month, the World Bank predicts Zimbabwe’s economy will grow 3.9% this year even as the country sees an alarming rise in poverty levels, especially in urban areas. The report says a record 7.9 million Zimbabweans are “extremely” poor, e…
Read MoreHundreds of displaced families trampled down the stairs carrying stained mattresses, logs and kindling for cooking and sacks of clothing and food. The families, more than 5,000 people in all, had fled battles in the northern Tigray region to Shire, a…
Read MoreThe World Bank said on Friday it had temporarily paused payments to operations in Mali following a military coup, while the man expected to become the new prime minister warned sanctions would only complicate the country’s crisis.The World Bank’s actio…
Read MoreTaipei-Business sentiment among export-oriented manufacturers in Taiwan improved in April from the previous month, as the global economy continued to recover, the Taiwan Institute of Economic Research (TIER) said Tuesday.In the service sector, however,…
Read MoreTaipei-United Microelectronics Corp. (UMC), the second-largest contract chipmaker in Taiwan, announced on Wednesday an investment project worth NT$100 billion (US$3.58 billion) aimed at expanding capacity at its 300 mm Fab 12A Phase 6 (P6) in Tainan, s…
Read MoreTaipei-Taiwan Railways Administration (TRA) will pay NT$15.7 million (US$563,000) in compensation to the families of the 49 people who were killed in a Taroko express train crash in Hualien County on April 2, the agency said Tuesday.TRA indicated it wo…
Read MoreTaipei-With more than 1,500 companies joining the MIH Alliance for electric vehicle (EV) development, the platform is set to begin operations in July, Chief Technology Officer (CTO) of Hon Hai Precision Industry Co. William Wei (???) said Tuesday.The a…
Read MoreU.S. President Joe Biden joined business and union leaders Friday in touting the economic benefits of addressing global warming when he delivered remarks from the White House on the last day of a two-day virtual climate change summit.“When we invest in…
Read MoreTaipei-S&P Global Ratings raised its credit ratings for Taiwan from “AA-” to “AA” while predicting a positive outlook for the country’s economy in 2021, according to a report released by the credit rating agency Thursday.The New York-based company …
Read More