Regular pay in January averaged NT$44,369 (US$1,562.12), up 0.89 percent from a month earlier and 2.91 percent year-on-year, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said on Thursday.
The monthly growth was the highest since July last year, but the real annual increase was only 0.06 percent after deducting a 2.84 percent rise in the consumer price index, Department of Census Deputy Director Chen Hui-hsin (陳惠欣) said.
The largest hike was in the securities and financial sector, with the average regular salary increasing 4.78 percent, while the air cargo transport industry (up 3.39 percent) was second and the marine transport sector (up 3.12 percent) was third, DGBAS data showed.
Photo: CNA
Average irregular earnings in January were NT$64,527, which combined with regular pay totaled NT$108,896.
The average income increased 51.26 percent from a year earlier.
Chen ascribed the increase to the timing of annual and performance bonuses, which are usually paid in late January or early February, depending on the date of the Lunar New Year.
Lunar New Year day was on Feb. 1 this year and on Feb. 12 last year.
Irregular earnings in January varied from industry to industry, Chen said.
The financial sector had the highest level of irregular earnings, with an average of NT$213,000 for the month, with the telecommunications sector (NT$177,000) second, the air cargo transport sector (NT$169,000) third and the marine transport sector (NT$165,000) fourth, she said.
As of the end of January, 8.17 million people were employed in the industrial and services sectors, a decrease of 3,000 from a month earlier, but an increase of 3,000 from a year earlier, DGBAS data showed.
Poland is betting on a flood of investments and technology transfers from Taiwanese companies to reengineer its US$1 trillion economy. Polish Prime Minister Donald Tusk said yesterday that Poland will no longer be “just an assembly hub” as it pursues further investments from the likes of Foxconn Technology Group (富士康). The firm, whose full name is Hon Hai Precision Industry Co (鴻海精密), last month agreed to build electric vehicles (EVs) in the European Union nation and now could be a partner in a semiconductor venture, he said. The government’s aim is to boost manufacturing and the country’s high-tech chops in an era
Taiwan remained the sixth-largest net creditor nation in the world last year, despite a fall of more than 10 percent in its net international investment position (NIIP) over the year, the central bank said yesterday. The NIIP is the difference between a country’s external financial assets and its external financial liabilities. Taiwan’s external financial assets hit US$3.27 trillion at the end of last year, up US$275.75 billion or 9.2 percent from a year earlier, the central bank said in its annual NIIP report. The growth largely reflected an increase in holdings of overseas marketable securities by residents in Taiwan, as well as a
BAD FAITH LITIGATION? The two companies, owned by a California-based private equity firm, could be seeking licensing fees or a settlement payout with the suit Taiwan Intellectual Property Office (TIPO) Director-General Liao Cheng-wei (廖承威) said yesterday he suspected that two firms suing contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) for patent infringement are “patent trolls.” A patent troll refers to a company that buys patents not for manufacturing products, but to sue other companies for compensation, accusing them of using its patents. Patent trolls, formally called Non-Practicing Entities or Patent Assertion Entities, were responsible for more than 50 percent of lawsuits in the US last year, costing targeted businesses tens of billions of US dollars a year, according to the US-based LegalCharity Web site. Asked whether
RESTRICTION BREACH: ASML said that it denies ‘unfounded rumors regarding non-compliance with export controls concerning China,’ and enforces controls strictly US Secretary of Commerce Howard Lutnick in a series of recent meetings outlined concerns to Dutch chip-equipment giant ASML Holding NV’s senior leaders that one of its top-of-the-line machines might have made its way into China, in violation of US-led export restrictions. In the meetings, Lutnick expressed concern to ASML executives over the company’s extreme ultraviolet lithography (EUV) machines, people familiar with the talks said. EUV systems are used by firms such as Taiwan Semiconductor Manufacturing Co (台積電) to manufacture processors for the likes of Nvidia Corp and Apple Inc. ASML has never been allowed to ship them to China because of curbs