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Demand for warehouses, logistics facilities spikes

Demand for warehouses and logistics facilities has spiked in the past few years, aided by booming online shopping and port congestion amid the COVID-19 pandemic, Colliers International Taiwan said yesterday. The past three years have seen 22 major transactions of warehouses and logistics facilities valued at NT$29.94 billion (US$1.05 billion) and covering 209,100 ping (690,030m2), the size of 2.3 Daan Forest Parks in Taipei, the property broker said. Colliers Taiwan managing director Andrew Liu (劉學龍) identified three investment approaches in warehouses and logistics facilities, namely by taking up the role of landlords, service providers and operators. Cathay Life Insurance Co (國泰人壽) and Chunghwa

Mercury dips to 17 degrees, cold and humid weekend forecast for northern Taiwan

Taipei, Oct. 23 (CNA) Northeasterly winds brought lows of 17 degrees Celsius to New Taipei early Saturday, with the Central Weather Bureau (CWB) forecasting cold and humid weekend weather for northern Taiwan until seasonal winds weaken on Monday.

Taichung's Beitun most popular emerging residential area in Taiwan: Real estate analyst | Taiwan News

Taichung's Beitun most popular emerging residential area in Taiwan: Real estate analyst | Taiwan News
taiwannews.com.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from taiwannews.com.tw Daily Mail and Mail on Sunday newspapers.

Manufacturing production value to rise 10%: ITRI

The Industrial Technology Research Institute (ITRI, 工研院) has raised its growth forecast for the production value of Taiwan’s manufacturing industry to 10 percent for this year, more than double the estimate of 4.75 percent it made in November last year, as local producers benefit from the robust demand for steel, chips and electronics amid a global economic recovery. The information and communications technology (ICT) industry would advance by 11.4 percent to NT$8.55 trillion (US$308.6 billion) this year, outpacing its previous estimate of 3.55 percent growth, the institute said in a report released yesterday. “Strong inventory rebuild demand is adding pressure to an

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