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Economic Cooperation

The Finance Minister, Dr. Su Jain-Rong attended the 2021 APEC Virtual Informal Ministerial Meeting with APEC Business Advisory Council (ABAC) Business Leaders.

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 bank opens Bangkok branch as part of New Southbound policy

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.

Taiwan startup ecosystem’s performance recognized globally while TTA utilizes digital connections to boost the growth for the teams

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 climbs 3 spots to 8th in IMD world competitiveness rankingsPhotos - New Southbound Policy
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Taiwan climbs 3 spots to 8th in IMD world competitiveness rankings

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.

Taiwan firm to seek FDA new drug approval for enterovirus vaccine

Medigen Vaccine Biologics Corp. said Sunday it will soon apply to the Food and Drug Administration in Taiwan and other countries for new drug approval for its enterovirus 71 (EV71) vaccine, as it has successfully completed its Phase III clinical trials.

Taiwan technology guru looks to AI for future of health carePhotos - New Southbound Policy
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Taiwan technology guru looks to AI for future of health care

When Ethan Tu founded the Taipei City-based research organization Taiwan AI Labs in 2017, he was far from a stranger to those following the country’s technology industry. He is well-known among certain circles as the creator of PTT, one of Taiwan’s largest and most influential online forums since its launch in the mid-1990s.

Taiwan’s electric bicycle exports top traditional bike sales

Taiwan’s exports of electric bicycles surpassed outbound sales of traditional bikes in the first five months of this year, with the export value of the former hitting a new high for the five-month period, according to the Ministry of Finance (MOF).

Intelligent International Pre-Certification Innovation Service (beCert) PresentationPhotos - New Southbound Policy
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Intelligent International Pre-Certification Innovation Service (beCert) Presentation

The Ministry of Economic Affairs announced on March 11th at the Intelligent International Pre-Certification Innovation Service (beCert) Conference that AI and blockchain technology helped the leading domestic aquaculture producer, Kouhu Fisheries, obtain Taiwan’s first BAP (Best Aquaculture Practices) Certification in February, making Taiwan the 40th country in the world to receive the certification.

Groundbreaking Ceremony Held for Offshore Engineering Center at Maritime Technology Innovation Center: Establishing a National Testing site, Cultivating Domestic Research CapacityPhotos - New Southbound Policy
Enlarge Groundbreaking Ceremony Held for Offshore Engineering Center at Maritime Technology Innovation Center: Establishing a National Testing site, Cultivating Domestic Research Capacity Photos

Groundbreaking Ceremony Held for Offshore Engineering Center at Maritime Technology Innovation Center: Establishing a National Testing site, Cultivating Domestic Research Capacity

A groundbreaking ceremony was held on April 27, 2021, to celebrate the construction of the Offshore Engineering Center at Maritime Technology Innovation Center (MTIC), which is the first deep-water basin for the national offshore engineering and underwater technology development.

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

Taiwan is ranked fourth among 50 major economies globally in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA, according to the Ministry of Economic Affairs May 31.