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Economic Cooperation

S&P Global raises Taiwan’s ratings, forecasts positive economic outlook

S&P Global Ratings raised its credit ratings for Taiwan from “AA-” to “AA” while predicting a positive outlook for the country’s economy in 2021, according to a report released by the credit rating agency Thursday.

TIPO to Mark 2021 World Intellectual Property Day With IPR Symposium for SMEsPhotos - New Southbound Policy
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TIPO to Mark 2021 World Intellectual Property Day With IPR Symposium for SMEs

April 26 is World Intellectual Property Day. Since 2001, countries all over the world have been marking this day by organizing special events around a general theme set by the World Intellectual Property Organization (WIPO). The events are aimed at raising awareness of how IPR can drive innovation and support creativity. WIPO’s theme for 2021 is “IP & SMEs: Taking your ideas to market.”

Philippines offers new incentives at Investment Forum in Taipei

The Philippines highlighted new tax incentives for investing and operating in the country at the annual Philippine Investment Forum in Taipei on April 15.

Taiwan ICT Industry forms a Working Committee for New Southbound Policy

New Southbound Policy, Taiwan ICT Industry New South Link and Settlement Promotion Working Committee, 台灣ICT產業新南向鏈結與聚落推動工作委員會

IMF raises Taiwan’s GDP growth forecast for 2021 to 4.7%

The International Monetary Fund (IMF) has raised its forecast for Taiwan’s gross domestic product (GDP) growth for 2021 to 4.7 percent, up 1.5 percentage points from its most recent estimate late last year.

Transforming Kaohsiung into Pivotal Offshore Wind Power Talent Incubation Hub: Completion and Opening Ceremony of the Maritime Technology Innovation CenterPhotos - New Southbound Policy
Enlarge Transforming Kaohsiung into Pivotal Offshore Wind Power Talent Incubation Hub: Completion and Opening Ceremony of the Maritime Technology Innovation Center Photos

Transforming Kaohsiung into Pivotal Offshore Wind Power Talent Incubation Hub: Completion and Opening Ceremony of the Maritime Technology Innovation Center

Taiwan government has launched the 2025 energy transition policy. The targets of this policy include developing 5.7 GW installed capacity of offshore wind power by 2025 and achieving the localization of offshore wind energy industry. Furthermore, the government has also launched an offshore wind power talent incubation program to incubate highly skilled local talents and create local green-collar jobs.

Pingtung County Government actively arranges global marketing to create new opportunities for agriculturePhotos - New Southbound Policy
Enlarge Pingtung County Government actively arranges global marketing to create new opportunities for agriculture Photos

Pingtung County Government actively arranges global marketing to create new opportunities for agriculture

The sales of pineapples in Taiwan are hampered! Pingtung County Magistrate Pan Men-an attended the Pingtung Silver Lion Fruit Production Cooperative in Gaushu Township on the 5th, and said during the container sealing ceremony of exporting pineapples to Japan that Pingtung’s pineapples, as the economic locomotive of Taiwan, will enter the peak production season in April.

The Government Promotes Digital Transformation to Help Companies Create Online Business OpportunitiesPhotos - New Southbound Policy
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The Government Promotes Digital Transformation to Help Companies Create Online Business Opportunities

On March 17, Director General Cynthia Kiang of the Bureau of Foreign Trade (BOFT) under the Ministry of Economic Affairs (MOEA) was invited to attend the 2nd joint meeting of the 6th Board of Directors and Supervisors of the Chinese International Economic Cooperation Association (CIECA).

StarLux to launch flights to Ho Chi Minh City on May 13

Taipei-based StarLux Airlines Co. announced on Wednesday that it will start flights to Ho Chi Minh City on May 13, 2021, following increased demand for business travel and good market prospects in the cargo sector.

Mayor Huang Wei-che Promotes Multiple Marketing Channels for Tainan’s Pineapples as Peak Harvest Season ApproachesPhotos - New Southbound Policy
Enlarge Mayor Huang Wei-che Promotes Multiple Marketing Channels for Tainan’s Pineapples as Peak Harvest Season Approaches Photos

Mayor Huang Wei-che Promotes Multiple Marketing Channels for Tainan’s Pineapples as Peak Harvest Season Approaches

Tainan City Government assembled a pineapple production and marketing response team after China announced they are banning imports of the fruit from Taiwan. The team convenes weekly to discuss and roll out different adaptive strategies and assistance schemes.