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.
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.
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.
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).
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.
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.
The Taiwan Excellence Award, hailed as the Oscar Award of Taiwan’s industries, is holding its 30th Taiwan Excellence Award event this year (2021), with the Bureau of Foreign Trade under the Ministry of Economic Affairs commencing the registration process on March 2nd. Information session tours will be held in Taipei, Taichung and Kaohsiung to encourage outstanding firms to register and participate in becoming spokespersons for Taiwanese products.
Taiwan’s export orders increased 9.7 percent year on year to US$27.79 billion in February, according to the Ministry of Finance March 9.
Singapore has ordered 25 tons of pineapples from Tainan, Taiwan. That’s as Taiwan faces a sudden ban of its pineapples from China in place since March 1. Since China is Taiwan’s primary pineapple export market, the ban has led to a crisis that has only been resolved by an increase of domestic orders.
Inbound investment from countries targeted by Taiwan’s New Southbound Policy grew 61.6 percent to US$381 million in the four years since its launch, according to the latest statistics released by the Bureau of Foreign Trade under the Ministry of Economic Affairs March 4.
