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The New Southbound Policy Is on the Right Track, and the MOEA Continues to Push ForwardPhotos - New Southbound Policy
Enlarge The New Southbound Policy Is on the Right Track, and the MOEA Continues to Push Forward Photos

The New Southbound Policy Is on the Right Track, and the MOEA Continues to Push Forward

As the Covid-19 pandemic continues to impact global demand, the overall imports of major economies under the New Southbound Policy, such as Singapore, Thailand and Australia, have declined.

Taipei Customs Provides 24/7 Clearance Service during Moon Festival Holiday and National Day

To facilitate customs clearance service during Moon Festival Holiday (from Oct. 1 to Oct. 4) and National Day (from Oct. 9 to Oct. 11), Clearance Units of Taipei Customs provide 24/7 services for stakeholders.

Export orders up for 6th straight month in August

Export orders rose on a year-on-year basis for the sixth consecutive month in August on the back of solid global demand for electronic devices, which offset the impact of COVID-19 on old economy industries, the Ministry of Economic Affairs (MOEA) reported on Monday.

Approved FDI in 2020 tops US$5 billion on wind power investment

With several companies from overseas keen to pour money into Taiwan's offshore wind power industry, foreign direct investment (FDI) approved by the government surpassed US$5 billion in the first eight months of this year, the Investment Commission said Monday.

Travelers allowed to bring in 250 face masks

Travelers who bring in no more than 250 medical or non-medical grade face masks when they arrive in Taiwan will not have to declare them to customs or provide an import permit, Economics Minister Wang Mei-hua (王美花) said Wednesday.

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

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
Enlarge Taiwan, EU, Japan and US stage supply chain restructuring forum Photos

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
Enlarge Taiwan-India SME Cooperation Forum Creates Innovative Business Opportunities Photos

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
Enlarge Taiwan retains 3rd in latest BERI global investment report Photos

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.