Taiwan, Republic of China virtual phone numbers

In Taiwan, telemarketing regulations are governed by the Telecommunications Management Act and the Personal Data Protection Act (PDPA) Key points include:

• Telemarketers must obtain explicit consent from individuals before making marketing calls and provide a clear option to opt out of future calls (Source: DLA Piper Data Protection)
• The PDPA requires data collectors to give privacy notices to data subjects when collecting personal data for direct marketing purposes, and individuals have the right to request cessation of direct marketing (Source: DLA Piper Data Protection)
• Taiwan's National Communications Commission (NCC) has introduced regulations to combat telecom fraud, including measures to restrict access to essential communication services for high-risk users (Source: Digital Watch Observatory)

These regulations emphasize the importance of respecting individuals' privacy and obtaining proper consent for telemarketing activities in Taiwan.

Taiwan's economic outlook for 2024 includes growth driven by major sectors, increasing domestic consumption, and strategic investment initiatives.

• Electronics and ICT: Taiwan's critical role in the global semiconductor supply chain positions it for recovery in 2024, bolstered by advancements in AI, cloud computing, and new device launches.
• Domestic Consumption: Accounting for nearly 50% of Taiwan's GDP, private consumption expenditures are expected to rise due to job growth in services, minimum wage increases, and substantial pandemic-era savings.
• Investment and Trade: With 92% of surveyed companies planning to maintain or increase investments and the New Southbound Policy diversifying trade, Taiwan's economy benefits from both domestic and international investment.

As a key player in the global economy, Taiwan's 2024 economic outlook is shaped by its resilient industries, strong domestic consumption, and strategic trade and investment policies.