Apple to Hike App Store Prices in Several Countries from Oct

An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes
An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes
TT
20

Apple to Hike App Store Prices in Several Countries from Oct

An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes
An Apple logo is pictured in an Apple store in Paris, France September 17, 2021. REUTERS/Gonzalo Fuentes

Apple Inc said on Monday prices of apps and in-app purchases on its App Store will increase in several countries including Japan, Malaysia and all territories that use the euro currency, from next month.

The new prices, excluding auto-renewable subscriptions, will be effective as early as Oct. 5, Reuters quoted Apple as saying in a blog post.

These changes will also reflect new regulations for Apple in Vietnam to collect and remit applicable taxes, being value added tax (VAT) and corporate income tax (CIT) at 5% rates respectively, the company added.



Taiwan Raises 2025 GDP Growth Forecast to 4.45% on Strong Tech Exports

The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
TT
20

Taiwan Raises 2025 GDP Growth Forecast to 4.45% on Strong Tech Exports

The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO
The general view of the city center in Taipei, Taiwan, 15 August 2025. EPA/RITCHIE B. TONGO

Taiwan's economy is expected to grow faster in 2025 than previously forecast, the statistics agency said on Friday, as the island continues to reap the benefits of strong demand for tech and artificial intelligence-related products.

Taiwan's gross domestic product is now expected to expand 4.45% this year, according to the official forecast from the Directorate General of Budget, Accounting and Statistics, higher than the 3.1% it forecast in May.

Exports this year from Taiwan, a major producer of chips powering the AI surge, are predicted to expand by 24.04%, the agency said, upgrading sharply a previous forecast of 8.99%.

The optimistic outlook comes even after US President Donald Trump imposed a 20% tariff on Taiwan goods, Reuters reported.

Taiwan's government has said the 20% tariff is "temporary" as it continues to negotiate with the US for more favorable rates.

Gross domestic product expanded by a revised 8.01% in the second quarter from a year earlier, compared with a preliminary 7.96%, the statistics agency said.

It also lowered the forecast for the consumer price index (CPI) to 1.76% from 1.88% previously.