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.
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.
To enhance SMEs to grasp the gist of the best practices on cross-sector collaboration and further to form the innovation ecosystems, the Small and Medium Enterprise Administration, Ministry of Economic Affairs proposed “APEC Cross-Sector Innovation Ecosystem Conference: Strengthening Networks of SMEs Co-Innovation for Better Future” and held this event in NTUH International Convention Center on 12 August.
The Indonesian government said Thursday it is ready to start sending migrant workers again to 22 countries and regions around the world, including Taiwan, after a suspension of nearly four months due to the COVID-19 pandemic.
Taiwan is committed to working with other members of the Asia Pacific Economic Cooperation to maintain a consistent flow of trade during the coronavirus pandemic, according to Minister without Portfolio John Deng July 25.
The Taiwan Institute of Economic Research (TIER) announced Friday an increase in its forecast for local economic growth for 2020 to 1.83 percent, 0.25 percentage points higher than in April.
Taiwan’s export orders increased 6.5 percent year on year to US$41 billion in June, according to the Ministry of Economic Affairs July 20.
Former Grand Justice Lo Chang-fa (羅昌發) has been appointed as Taiwan's representative to the World Trade Organization, to fill a post that has been vacant since last September, the Ministry of Foreign Affairs (MOFA) said Thursday.
Academia Sinica, the top research institution in Taiwan, on Wednesday cut its forecast for gross domestic product (GDP) growth in 2020, citing concerns over the COVID-19 pandemic.
Due to the COVID-19 pandemic, the BIO Asia-Taiwan International Conference and Exhibition this year will take the form of a combined onsite and virtual presentation, when it opens on July 22, the organizers said Monday.The 2020 pharmaceutical and biotechnology trade fair is expected to bring together industry executives and investors from Taiwan and abroad, with some 500 exhibitors at 1,100 booths, according to Taiwan Bio Industry Organization (Taiwan BIO), one of the organizers.
