TW Biz News｜WK 03/02 - 03/08

Every week, we'll select Taiwan's five business news from the previous week for your review.

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• 〔Taiwan News〕Global Mall’s New Taipei Banqiao store reports nearly NT$3 billion in revenue

TAIPEI (Taiwan News) — Global Mall, a subsidiary of Kindom Development, reported nearly NT$3 billion (US$100 million) in revenue last year at its Banqiao Station store, mainly driven by dining demand from commuters. The company reported that its Banqiao store has posted double-digit growth for three straight years. Food and beverage outlets make up 70% of the store, with most B1 shops offering takeaway, helping boost sales, per CNA.

• 〔Taiwan News〕Reasons to shop Nanmen Market: Fresh-made foods, Holiday Treats, and More

Many cities around the world have markets that form a part of their identity and offer visitors a way to experience the local living environment. Rotterdam’s Markthal (“market hall”) and Thailand’s floating markets are prime examples. In Taiwan, Taipei has the 100-year-old Nanmen Market, which now sports a brand-new exterior and a spacious, brightly lit interior. Though recently renovated, Nanmen continues to deliver the palette of flavors and friendliness for which it has long been known. More than a simple food market, it is a repository for immigrant memories, holiday spirit, fine foods, and crafts.

• 〔Focus Taiwan〕TSMC aims to complete new Tainan fab in 2028 amid AI-driven expansion

Taipei, March 4 (CNA) Taiwan Semiconductor Manufacturing Co. (TSMC) is pressing ahead with plans to build a new fabrication plant at the Tainan Science Park, with completion targeted for 2028, as booming global demand for AI chips fuels aggressive capacity expansion, according to company planning documents. The development proposal was posted online for public review on Feb. 12 as part of the environmental impact assessment (EIA) process. The 20-day public notice period ended Wednesday, and an EIA review committee meeting is scheduled for March 26.

• 〔Taiwan Plus〕Chiayi Marks Lantern Festival With Local and International Creativity

Creative lanterns are on display in southern Taiwan for the annual Taiwan Lantern Festival, representing local agricultural goods from host Chiayi County as well as collaborative pieces by Japanese and Taiwanese artists.

• 〔Taiwan Plus〕Taiwan Beats South Korea 5-4 in 2026 WBC Group Stage

Taiwan has secured a win in its last game of the 2026 World Baseball Classic group stage in Tokyo, beating South Korea 5-4 in extra innings.