Taipei, March, 2011 (CENS)--The average monthly pay of Taiwan's employees stood at NT$44,430 (US$1,433.230), up 5.34% from the corresponding figure of a year earlier, the highest growth of its kind in 16 years, according to the statistics released by the Directorate General of Budget, Accounting and Statistics (DGBAS).
Among various industries, the finance and insurance sector saw the average monthly pay of employees record the highest annual growth of 9.11% to reach NT$73,663 (US$2,376.23). The manufacturing industry came second with average monthly pay rising 8.35% to NT$42,420 (US$1,368.39), with the basic metal manufacturing sector posting the highest growth of 18.17%. Nevertheless, electric power and fuel suppliers offered the highest average monthly pay of NT$96,143 (US$3,101.39) to their employees.
In the same year, the substantive regular monthly pay, after deducting the commodity price hike, hit an 11-year low of NT$42,122 (US$1,358.77).
In January of this year, the jobless rate declined further to 4.64%, down by 1.04 percentage points from a year earlier; and the employed population increased by 7,000 persons from the previous month.
It is believed that the better economic climate may bring greater profits to enterprises, and their employees are very likely to enjoy higher pay this year as a result.
Electrical terminal, wiring and connector maker K.S. Terminals Inc. expects order visibility to reach Q2, amid strong growth in the EV market as reported at its earnings call last week. The company is looking at two-digit growth for this year's goal, eying significant demand from green energy selections and automotive terminals and charging guns for electric vehicles, notably the latter. In the...
The Ministry of Economic Affairs said today that in February, the industrial production index was 117.49, with an annual increase of 10.01% due to easing supply chain disruptions and chip shortages. This marks the 25-month consecutive positive growth period, also the second-longest in history. The manufacturing index was 119.76, an annual increase of 10.16%, which set a new high for the same ...
If there's a keyword that can be used to summarize the past two years, it would be “digitalization.” Across different industries, companies and suppliers are seeking ways to tap into the post-COVID market, and the furniture sector is no different. Here are two trends we've identified that would and continue to shape the market in the coming year and more. Going Digital While the typical con...
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Founded in 1981, Steel Mark is specialized in manufacturing locks and other related hardware. The company's product catalog includes padlocks, motorcycle and bike locks, deadbolt locks, digital door locks, door locks, rim and euro profile cylinders, and concerning hardware and parts. The company currently operates modern manufacturing facilities occupying 3,300 square meters with more than 40...
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Since the founders' humble beginnings in the 1960s, traveling from his hometown in Chiayi County to urban Taipei City to learn a trade, he has dedicated the eventually-formed Kuang Shin Enterprise to providing quality products. Kuang Shin offers children's desks and chairs, computer chairs, furniture hardware, OA office chair and desks, connected chairs, display shelves, chair bases, and parts...
Taiwan First brakes Technology Co., Ltd.
Mar 04, 2021Nan Hoang Traffic Instrument Co., Ltd is one of the major manufacturers of automobile friction materials in Taiwan and globally. Chairman Austin Cheng has implemented the double-arrow strategy this year - own brand of “YangPo” is adopted to focus on global channels while the “NHC brand focuses on improving market shares in global markets, such as Europe, America, Asia, Australia, and the Middle E...
The COVID-19 pandemic has accelerated the industries' timeline for implementing digital transformation. However, the how's and what's of applying new technologies and improving the added value to existing products and services can be daunting. Three professors from the National Taiwan University College of Electrical Engineering and Computer Science founded the startup company "OmniEyes," basi...
■Yang Feng-Chun In a bid to assist manufacturers in Changhua County to expand their market reach overseas against severe competition in the globalized market, Changhua County Government has been an active player in pushing for a makeover and innovation of its local small and medium-sized enterprises. This is done in hopes of establishing stronger connection with international markets. An ex...
The 2022 Smart City and IoT exhibition kicked off on March 22, featuring top Taiwanese brands showcasing related applications in the sector. It is worth noting that in addition to 5G-related extension and other mainstream smart city applications, energy storage has become a highlight at this show, notably, TECO, Far EasTone, and Gogoro all have offered relative solutions. According to statisti...
With the 2022 Smart City Summit & Expo scheduled to kick off on Tuesday at the Nangang Exhibition Center Hall 2 from March 22 to March 25, and Kaohsiung Exhibition Center from March 24 to 26, exhibitors are quickly rolling out new products for this year, including TECO Group. In the past few years, TECO has exhibited at the show exhibiting the group's subsidiaries, concentrating on AI, IoT, n...
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