To strengthen Taiwan startups’ international reputation, on top of the national startup brand Startup Island TAIWAN, the National Development Council (NDC) launched the NEXT BIG project. Together, the startup communities and industry key opinion leaders jointly nominated nine startups to become NEXT BIG representatives. With NEXT BIG leading the way, Taiwan hopes to see more young people be inspired and Taiwan’s thriving entrepreneurial energy be conveyed to the world.
The 10th Meeting of the MECO-TECO Technical Working Group on Agricultural Cooperation was held via video conference on July 29, 2021. Deputy Minister Chin-cheng Huang of Council of Agriculture of Taiwan and an Undersecretary of Department of Agriculture of the Philippines hosted the meeting jointly. Ambassador Pei-yung Hsu of the Taipei Economic and Cultural Office in the Philippines and Vice Chairman Lauengco of the Manila Economic and Cultural Office in Taipei also participated in the meeting.
This month, Taiwan Tech Arena (TTA) has initiated “Optimized Service, Maximized Exposure, and Continued Growth,” three key digital transformation strategies, to continue empowering global startups in the post-pandemic era. Through digitization of services, the initiative aims to empower startups to seize international business opportunities via OMO (Online-Merge-Offline) international exhibitions, zero-boundary resource connections, and TTA one-stop digital service official website.
The Taiwan Research Institute (TRI) on Wednesday raised its forecast for Taiwan’s economic growth in 2021 to 5.12 percent, citing strong exports amid the global economic recovery from COVID-19.
With support from the Bureau of Energy under the Ministry of Economic Affairs (MOEA) and the British Office in Taipei, ITRI and the UK’s Offshore Renewable Energy Catapult (ORE Catapult) on July 6 signed the Memorandum of Understanding on the cooperation of offshore wind generation.
Once the realm of lofty works of science fiction, artificial intelligence is becoming an increasingly prominent part of daily life in Taiwan and around the world. It is also radically changing the way governments and businesses operate, with applications in computing, learning, reasoning, sensing and visual recognition promising to boost efficiency, productivity and profits.
The Finance Minister, Dr. Su, Jain-Rong attended the 2021 APEC Virtual Informal Ministerial Meeting with ABAC Business Leaders hosted by New Zealand Minister of Finance Grant Robertson on June 25, 2021. The delegates led by Minister Su included senior officials from the Ministry of Finance, the Financial Supervisory Commission, and the National Development Council.
Taiwan’s Taishin Bank formally opened its branch office in Bangkok on Monday. The new branch is part of the New Southbound Policy of President Tsai Ing-wen’s administration.
As the pandemic continues to spread globally, the impact has shifted the market and created new opportunities for startup innovation. Taiwan Tech Arena (TTA) charged with the tasks to strengthen the international competitiveness of Taiwan startup ecosystem has actively collaborated with globally well-known research center – StartupBlink since 2020 to reinforce Taiwan’s image as the innovation hub of Asia Pacific.
Taiwan moved up three spots to 8th in the latest World Competitiveness Yearbook published June 17 by Switzerland-based International Institute for Management Development, achieving its best ranking in the annual report since 2013.
