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Taiwan’s foreign trade up 8.4 percent in AugustPhotos - New Southbound Policy
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Taiwan’s foreign trade up 8.4 percent in August

Taiwan’s exports rose 8.3 percent year on year to an all-time high of US$31.17 billion in August, while imports grew 8.5 percent to US$24.71 billion, according to the Ministry of Finance Sept. 7.

Taiwan, EU, Japan and US stage supply chain restructuring forumPhotos - New Southbound Policy
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Taiwan, EU, Japan and US stage supply chain restructuring forum

A supply chain restructuring forum jointly staged by Taiwan, the EU, Japan and the U.S. was held Sept. 4 in Taipei City, underscoring the like-minded partners’ commitment to securing key industries in the post-pandemic world, according to the Ministry of Foreign Affairs.

Taiwan, Indonesia disagree on whether migrants' employers should pay

In a statement to CNA, the MOL's Workforce Development Agency (WDA) said related expenses, such as air tickets, training and visa fees, that arise because of overseas jobs for migrant workers, should be agreed upon by the employer and worker, not the government in the worker's country of origin.

Taiwan-India SME Cooperation Forum Creates Innovative Business OpportunitiesPhotos - New Southbound Policy
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Taiwan-India SME Cooperation Forum Creates Innovative Business Opportunities

To build a Taiwan-India SME cooperation platform, deepen our bilateral partnership, and further expand innovative business opportunities for SMEs, the Small and Medium Enterprise Administration (SMEA), Ministry of Economic Affairs (MOEA) collaborated with the India-Taipei Association to hold a Taiwan-India SME Cooperation Forum in the afternoon of August 31, 2020.

Taiwan retains 3rd in latest BERI global investment reportPhotos - New Southbound Policy
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Taiwan retains 3rd in latest BERI global investment report

Taiwan retained its third spot ranking among 50 major countries and territories surveyed in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence S.A.

Taiwan has opportunity to reshape global supply chains: AIT

Taiwan has a unique opportunity to reshape global supply chains for the betterment of the world, as the COVID-19 pandemic continues to impact global supply chains, American Institute in Taiwan (AIT) Director Brent Christensen said Tuesday. In an address made at an international investment forum, Christensen said the pandemic has exposed the risks of over-reliance on one country for medical supplies and pharmaceuticals, as well as for industries that are of strategic importance.

Chinese Taipei and Indonesia Accelerate Women Entrepreneurship through Virtual WorkshopPhotos - New Southbound Policy
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Chinese Taipei and Indonesia Accelerate Women Entrepreneurship through Virtual Workshop

The participants of the event were mostly women entrepreneurs who came from various backgrounds including NGOs, industries, policy makers and start-ups from the APEC economies. Together these key stakeholders shared their experiences and insights on how to empower female entrepreneurs, strengthening the cooperation among SMEs in APEC.

Taiwan-Brunei relations moving forward amid challenges

Taiwan-Brunei relations are gradually moving forward amid challenges, especially in agriculture, tourism, trade, education and people-to-people exchanges, Taiwan representative to Brunei Andrew Lee (李憲章) told CNA on Friday.

Taiwan export orders surge 12.4 percent in July

Export orders in Taiwan continued to grow in July, up 12.4 percent year on year to US$45.57 billion, according to the Ministry of Economic Affairs Aug. 20. Among the country’s main export sectors, orders for information and communication technology products exhibited the best performance, soaring 29.9 percent to US$14.44 billion. The MOEA attributed the strong showing to robust demand for telecommunication items like notebooks and tablets during the COVID-19 pandemic.

CORONAVIRUS/COVID-19 brings Taiwan's travel income, expenses to new low in Q2

Border controls resulting from the COVID-19 pandemic caused Taiwan's travel income and expenses to plunge for the second quarter of this year to a new low since the data started to be collated in 1984, according to the central bank.