Jump to main content
Economic Cooperation

Moody’s raises Taiwan’s outlook to positive, reaffirms credit rating

Taiwan’s investment grade rating remained at Aa3 while its credit outlook was upgraded from stable to positive by Moody's Investors Service Feb. 24.

Taiwan’s January export orders set monthly high, topping US$52 billion

Taiwan’s export orders in January grew for the 11th consecutive month to US$52.72 billion, a year-on-year increase of 49.3 percent, the Ministry of Economic Affairs (MOEA) reported Wednesday.

Hon Hai teams up with U.S. firm Fisker to develop electric vehicles

Hon Hai Precision Industry Co., the world’s largest contract electronics maker, announced Wednesday that it has signed a memorandum of understanding with Fisker Inc., a U.S. electric vehicle (EV) maker, to build a new EV model under the Fisker brand, with the goal of starting mass production by the fourth quarter of 2023.

NDC unveils 4-year plan to nurture Taiwan’s digital talent pool

The Cabinet-level National Development Council (NDC) unveiled a four-year plan Monday focusing on several goals, including the nurturing of Taiwan’s digital talent pool.

Taiwan’s 2020 output of IC equipment estimated at NT$65 billion

The 2020 production value of Taiwan’s semiconductor equipment industry is estimated at a record NT$65 billion (US$2.29 billion) or even higher, as solid global demand for high-end integrated circuits prompted IC suppliers to expand capacity, according to the Ministry of Economic Affairs (MOEA).

'Taiwan Anti-Epidemic Products Online Biz Meeting' helps businesses break through Covid-19 barrierPhotos - New Southbound Policy
Enlarge 'Taiwan Anti-Epidemic Products Online Biz Meeting' helps businesses break through Covid-19 barrier Photos

'Taiwan Anti-Epidemic Products Online Biz Meeting' helps businesses break through Covid-19 barrier

In response to the increased demands for anti-COVID-19 products from this second wave of infections, the Bureau of Foreign Trade commissioned the Taiwan External Trade Development Council (TAITRA) in holding the Taiwan Anti-Epidemic Products Online Biz Meeting on 2 February 2021.

NDC issues 2,000th Employment Gold Card for skilled foreignersPhotos - New Southbound Policy
Enlarge NDC issues 2,000th Employment Gold Card for skilled foreigners Photos

NDC issues 2,000th Employment Gold Card for skilled foreigners

The National Development Council handed out three more Employment Gold Cards to foreign professionals in Taiwan on Friday. This brings the total number of the cards the council has awarded up to the 2,000 mark. The first card was issued three years ago.

Taiwan business leaders optimistic about global economy: survey

A record 56 percent of Taiwanese business leaders think that global economic growth will improve in 2021, according to a recent survey by PricewaterhouseCoopers (PwC).

MOEA Recognizes 36 Energy-Saving Leaders for Achievements in Energy Conservation and EducationPhotos - New Southbound Policy
Enlarge MOEA Recognizes 36 Energy-Saving Leaders for Achievements in Energy Conservation and Education Photos

MOEA Recognizes 36 Energy-Saving Leaders for Achievements in Energy Conservation and Education

The 27th Energy Saving Leadership Award Ceremony was held by the Ministry of Economic Affairs (MOEA) at HNBK International Convention Center on December 2nd, 2020, where Mr. Cheng-Wei Yu, Director General, Bureau of Energy, presented the awards to the winners. A total of the 36 companies, institutions and schools committed to energy saving were recognized.

GDP growth hits 4.94 percent in Q4 for Taiwan

Taiwan’s gross domestic product grew 4.94 percent in the fourth quarter of 2020, 1.66 percent above the November forecast, according to the Cabinet-level Directorate-General of Budget, Accounting and Statistics Jan. 29.