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).
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.
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.
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).
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.
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.
In response to the government’s cloud policy, the Customs Administration of the Ministry of Finance launched a four-year plan starting in 2021 called “Smart Customs in the Cloud Era”, which aims to expand the government’s cloud utilization.
The Ministry of Finance stated that last year the Ministry completed its first provision to and received from Japan and Australia financial account information with respect to 2019.
Confidence levels on the business climate for the year ahead has reached a record high among U.S. companies in Taiwan, despite severe challenges faced by markets around the world due to the COVID-19 pandemic.
The first LNG cargo from the 25-year LNG SPA between CPC Corporation, Taiwan (“CPC”) and Cheniere Energy (“Cheniere”), the largest exporter of US LNG, has arrived in Taiwan today (10/01/2021) on the Fuji LNG vessel for discharging at the Taichung LNG Terminal. Under the SPA, which was signed back in August 11th, 2018, Cheniere will supply 2 mtpa of LNG (approximately 30 shipments annually) to CPC starting 2021 to 2045.
