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.
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 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 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.
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.
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.
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 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 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.
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.
