DHL Express Taiwan Corp (洋基通運) yesterday said that it has invested NT$80 million (US$2.54 million) in setting up a new logistics service center in Taoyuan, and expects an increase in consumer demand over the next few years.
The local subsidiary of Deutsche Post DHL Group, one of the world’s leading mail and logistics service groups, said that the center in Taoyuan’s Cingpu District (青埔) is to replace the existing center in Taoyuan, which is smaller and cannot keep up with growing demand.
The new center would be the largest of the company’s 10 service centers in Taiwan at 4,000m2, DHL Express Taiwan communications manager Frankie Fang (方佳雯) told the Taipei Times by telephone.
With improved processing procedures and new equipment such as conveyor belts, the center’s hourly capacity would be twice as high as the old one, Fang said.
This investment signals DHL’s commitment to bolstering international trade and connecting even more local businesses to the world, DHL Express Taiwan managing director Yung C. Ooi (黃湧君) said in a statement.
Taoyuan is one of DHL’s most important service centers in Taiwan, as more than one-third of the nation’s top 500 manufacturers are located there, Ooi said.
Taoyuan ranks first among all regions in Taiwan in terms of industrial output, he said, adding that according to data released by the Taoyuan City Government, industrial production in the city totaled about NT$2.6 trillion last year.
The center would be able to support the rapid development of businesses in Taoyuan and help its corporate clients connect faster with the more than 220 countries in its network, he said.
“So far, the [US-China] trade dispute has had a limited effect on logistics demand in the nation. We are confident in the economical development of Taoyuan, as well as Taiwan,” Fang said.
DHL would continue investing in Taiwan and closely monitor global industrial dynamics and customer logistics needs to ensure that the highest quality of service is provided, she said.
The new center covers the greater Taoyuan area and New Taipei City’s Linkou District (林口), covering an area of more than 900km2, DHL Express Taiwan said.
With an approval rating of just two percent, Peruvian President Dina Boluarte might be the world’s most unpopular leader, according to pollsters. Protests greeted her rise to power 29 months ago, and have marked her entire term — joined by assorted scandals, investigations, controversies and a surge in gang violence. The 63-year-old is the target of a dozen probes, including for her alleged failure to declare gifts of luxury jewels and watches, a scandal inevitably dubbed “Rolexgate.” She is also under the microscope for a two-week undeclared absence for nose surgery — which she insists was medical, not cosmetic — and is
CAUTIOUS RECOVERY: While the manufacturing sector returned to growth amid the US-China trade truce, firms remain wary as uncertainty clouds the outlook, the CIER said The local manufacturing sector returned to expansion last month, as the official purchasing managers’ index (PMI) rose 2.1 points to 51.0, driven by a temporary easing in US-China trade tensions, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday. The PMI gauges the health of the manufacturing industry, with readings above 50 indicating expansion and those below 50 signaling contraction. “Firms are not as pessimistic as they were in April, but they remain far from optimistic,” CIER president Lien Hsien-ming (連賢明) said at a news conference. The full impact of US tariff decisions is unlikely to become clear until later this month
GROWING CONCERN: Some senior Trump administration officials opposed the UAE expansion over fears that another TSMC project could jeopardize its US investment Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) is evaluating building an advanced production facility in the United Arab Emirates (UAE) and has discussed the possibility with officials in US President Donald Trump’s administration, people familiar with the matter said, in a potentially major bet on the Middle East that would only come to fruition with Washington’s approval. The company has had multiple meetings in the past few months with US Special Envoy to the Middle East Steve Witkoff and officials from MGX, an influential investment vehicle overseen by the UAE president’s brother, the people said. The conversations are a continuation of talks that
CHIP DUTIES: TSMC said it voiced its concerns to Washington about tariffs, telling the US commerce department that it wants ‘fair treatment’ to protect its competitiveness Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reiterated robust business prospects for this year as strong artificial intelligence (AI) chip demand from Nvidia Corp and other customers would absorb the impacts of US tariffs. “The impact of tariffs would be indirect, as the custom tax is the importers’ responsibility, not the exporters,” TSMC chairman and chief executive officer C.C. Wei (魏哲家) said at the chipmaker’s annual shareholders’ meeting in Hsinchu City. TSMC’s business could be affected if people become reluctant to buy electronics due to inflated prices, Wei said. In addition, the chipmaker has voiced its concern to the US Department of Commerce