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Economic Cooperation

Exports hit new high in November, up for 17th straight month

Taiwan’s exports hit a new record high in November on the back of solid global demand for tech gadgets and rising raw material prices, up more than 30 percent from a year earlier and the 17th consecutive month of year-over-year growth, the Ministry of Finance (MOF) announced Tuesday

Indonesia opens first state-owned bank branch in Taiwan

Bank Rakyat Indonesia (BRI), one of Indonesia’s largest state-owned banks, opened its doors to customers Tuesday after officially launching its first branch in Taiwan, which is home to a large Indonesian community.

Exports to New Southbound Policy target countries up 36% this year

Taiwanese exports to the countries targeted by President Tsai’s New Southbound Policy rose by 36% in the first ten months of the year. That’s according to the Secretary-general of Taiwan’s Foreign Trade Bureau, Tai Wan-jung.

The Finance Minister, Dr. Su Jain-Rong attended the 2021 APEC Virtual Finance Ministers’ Meeting; he highlighted Taiwan’s commitment to promoting economic recovery and maintaining fiscal sustainability.

The Finance Minister, Dr. Su Jain-Rong attended the 2021 APEC Virtual Finance Ministers’ Meeting (VFMM) hosted by the New Zealand Deputy Prime Minister and the Minister of Finance, Grant Robertson on October 22, 2021.

Indonesia looks to strengthen trade with Taiwan at virtual expo

Indonesia’s representative office in Taipei was looking to strengthen bilateral trade with Taiwan by inviting local businesses to attend the online opening ceremony of the country's largest annual trade event on Thursday.

Taiwan, Taiwan businesses seen positively by Thai executives: survey

Taiwan and Taiwanese businesses in Thailand have among the most positive images of any of the country’s top 11 foreign investors, along with Japan and the United States, according to the results of a survey released Wednesday.

IMF raises GDP forecast for Taiwan to 5.9%

The International Monetary Fund (IMF) has raised its forecast for Taiwan’s gross domestic product (GDP) growth for 2021 despite a slight downward revision for global economic growth.

Taiwan moves up to 8th in IMD World Digital Competitiveness RankingPhotos - New Southbound Policy
Enlarge Taiwan moves up to 8th in IMD World Digital Competitiveness Ranking Photos

Taiwan moves up to 8th in IMD World Digital Competitiveness Ranking

Taiwan moved up three places from last year to eighth out of 64 major economies in the World Digital Competitiveness Ranking recently released by Switzerland-based International Institute for Management Development.

2021 Taiwan-Malaysia Joint Online Shopping Festival Starts Today! Influencer Introduces Taiwanese Goods Live Stream!Photos - New Southbound Policy
Enlarge 2021 Taiwan-Malaysia Joint Online Shopping Festival Starts Today! Influencer Introduces Taiwanese Goods Live Stream! Photos

2021 Taiwan-Malaysia Joint Online Shopping Festival Starts Today! Influencer Introduces Taiwanese Goods Live Stream!

As the Taiwan-Malaysia Joint Online Shopping Festival, Taiwan Select & Malaysia Select 2021 will start from October 1st for 10 days event, the Department of Commerce, Ministry of Economic Affairs (MOEA) and the co-organizer, Malaysia Digital Economy Corporation (MDEC) invite supporting partners, including the Malaysia External Trade Development Corporation (MATRADE) and the General Chamber of Commerce of the Republic of China (ROCCOC) joining the online launch ceremony on September 30th,

IDB collaborates with SEMI and AIT to energize Taiwan& Industries with international dynamicsPhotos - New Southbound Policy
Enlarge IDB collaborates with SEMI and AIT to energize Taiwan& Industries with international dynamics Photos

IDB collaborates with SEMI and AIT to energize Taiwan& Industries with international dynamics

To encourage international professionals in the semiconductor industry and digital economy to join Taiwan's industrial workforce, the Industrial Development Bureau (IDB) integrated its “DIGI+ Talent Accelerator & Jumpstart Program” and “Talent Circulation Alliance Program”, and joined hands with SEMI and American Institute in Taiwan (AIT) to organize “DIGI+ x TCA International Digital Talent Matching” online event on September 17, 2021.