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Economic Cooperation

Taiwan a major parts supplier and home to smart vehicle expertise

Taiwan is now heading rapidly towards creating a ‘smart vehicle industry’ comprising electric vehicles, autonomous vehicles and all the interlacing hardware and software technology, said the senior trade officer of the Taiwan Trade Centre, Anthony S.H. Tung.

Gogoro contributes to Singapore’s updated TR25 EV charging standardPhotos - New Southbound Policy
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Gogoro contributes to Singapore’s updated TR25 EV charging standard

Gogoro® Inc. recently announced its participation in the development of Singapore’s new Technical Reference (TR25) standard for charging electric vehicles, where it focused on the battery swapping for electric two-wheel vehicles.

Taiwan world’s 16th largest trading economy in 2021: MOFPhotos - New Southbound Policy
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Taiwan world’s 16th largest trading economy in 2021: MOF

Taiwan ranked 16th among the world’s economies in merchandise trade in 2021, its highest ranking in 16 years, due in part to a higher ranking for imports, according to Ministry of Finance (MOF) statistics.

Taiwan sets new monthly high for exports, imports in MarchPhotos - New Southbound Policy
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Taiwan sets new monthly high for exports, imports in March

Taiwan’s exports rose for a 21st consecutive month in March, backed by strong growth in outbound sales of semiconductors, resulting in a 23.5 percent increase in exports for the first quarter.

Pingtung pineapples to hit shelves at Singapore’s biggest retailerPhotos - New Southbound Policy
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Pingtung pineapples to hit shelves at Singapore’s biggest retailer

Pingtung County sent its first shipment of pineapples to Singapore’s largest grocery retailer on Tuesday, as it accelerates efforts to explore overseas markets.

Taiwan to showcase latest innovations to boost India’s digital landscapePhotos - New Southbound Policy
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Taiwan to showcase latest innovations to boost India’s digital landscape

Taiwan will showcase its latest innovations to boost India’s digital landscape at Convergence India 2022 to be held in New Delhi from 23 to 25 March.

2022 TaiSPO goes hybridPhotos - New Southbound Policy
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2022 TaiSPO goes hybrid

2022 TaiSPO DigitalGo has already attracted nearly 400 buyers from 40 countries to make meeting appointments.

BSMI Will Host a Three-Day APEC Webinar on Renewable Energy Certification System Beginning March 7Photos - New Southbound Policy
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BSMI Will Host a Three-Day APEC Webinar on Renewable Energy Certification System Beginning March 7

The Bureau of Standards, Metrology and Inspection (BSMI) held a press conference on March 2 for the coming webinar entitled “Utilizing Renewable Energy Certification (REC) to Facilitate APEC Regional Renewable Energy Growth,” which is going to take place on March 7-9, 2022.

Machine tool industry to benefit from CPTPP: TsaiPhotos - New Southbound Policy
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Machine tool industry to benefit from CPTPP: Tsai

The machine tool industry is one of the domestic sectors that would overcome tariff and trade barriers if Taiwan joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), President Tsai Ing-wen said recently.

Taiwan’s e-bike export growth still on trackPhotos - New Southbound Policy
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Taiwan’s e-bike export growth still on track

It is regarded as one of the main challenges for e-bike and bicycle assemblers today, having all components in stock in time to deliver a complete bike. Still Taiwan’s e-bike and bicycle assemblers managed to generate double digit growth volumes last year.