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Economic Cooperation

Indonesian office, bank sign MOU to boost business in Taiwan

Indonesia’s representative office in Taipei and Bank Rakyat Indonesia (BRI) signed a memorandum of understanding (MOU) Tuesday to work together to promote Indonesian products and services in Taiwan and strengthen trade and business ties with Taiwan.

Taiwan ramps up smart technology initiativesPhotos - New Southbound Policy
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Taiwan ramps up smart technology initiatives

The realization of Taiwan’s 5+2 innovative industries plan will soon materialize as the Cyber Security and Smart Technology Research and Development Building in Shalun, Tainan.

Popularity of Australian vegetables continues to grow in TaiwanPhotos - New Southbound Policy
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Popularity of Australian vegetables continues to grow in Taiwan

Imports of Australian fresh vegetables to Taiwan have increased by over 20% from 2020-2021 compared to the previous 12-month period, reflecting the country’s growing appetite for fresh produce from down under.

Agriculture key to Lithuania tiesPhotos - New Southbound Policy
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Agriculture key to Lithuania ties

The Lithuanian pavilion at the recently concluded international food show Food Taipei was one of 15 national pavilions featured at the show.

Taiwan, Vietnam ink MOU on trade promotion, cooperationPhotos - New Southbound Policy
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Taiwan, Vietnam ink MOU on trade promotion, cooperation

Taiwan and Vietnam inked a memorandum of understanding on trade promotion and cooperation Jan. 5, spotlighting government efforts to boost exchanges with the New Southbound Policy partner country, according to the Ministry of Economic Affairs.

Taiwan exports break records, show almost 30% growth in 2021Photos - New Southbound Policy
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Taiwan exports break records, show almost 30% growth in 2021

Taiwan exports climbed to a record high in 2021, registering annual growth of almost 30 percent, driven by solid global demand for tech gadgets and old economy items, the Ministry of Finance (MOF) said Friday.

Taiwan retains 4th in latest BERI global investment reportPhotos - New Southbound Policy
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Taiwan retains 4th in latest BERI global investment report

Taiwan has retained its fourth-place ranking among 50 countries and territories surveyed in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA.

Taiwanese officials invite Ludhiana industries to visit flagship online exhibition TIMTOS 2022Photos - New Southbound Policy
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Taiwanese officials invite Ludhiana industries to visit flagship online exhibition TIMTOS 2022

The representatives of Taiwan External Trade Development Council (TAITRA) visited Chamber of Industrial & Commercial Undertakings (CICU) and met CICU Delegation.

“Taiwan Excellence: Sharing Is Caring” CampaignPhotos - New Southbound Policy
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“Taiwan Excellence: Sharing Is Caring” Campaign

The “Taiwan Excellence: Sharing Is Caring” campaign announced its 12 finalists. Contestants from the Philippines, Taiwan, Vietnam, Israel, Kenya, Nigeria, and Tunisia will now prepare to elaborate on their proposals to the selection panel, and the top three winners will be announced in the end of January 2022.

Vietnam replaces U.K. as Taiwan’s 9th largest debtor at end of third quarter

Vietnam became Taiwan’s the ninth largest debtor at the end of the third quarter, as growing tensions between Washington and Beijing prompted many enterprises to move to the Southeast Asian country, boosting demand for funds, according to Taiwan’s central bank.