The International Monetary Fund (IMF) has lowered its projection for Taiwan's economic growth in 2020 to minus 4.0 percent from 2.0 percent because of the COVID-19 coronavirus pandemic, according to its latest World Economic Outlook report.
The International Monetary Fund (IMF) has lowered its projection for Taiwan's economic growth in 2020 to minus 4.0 percent from 2.0 percent because of the COVID-19 coronavirus pandemic, according to its latest World Economic Outlook report.
Taiwan advanced one spot to become the world’s 17th largest merchandise exporter in 2019 while maintaining its 17th ranking in imports, according to statistics released April 8 by the World Trade Organization.
Several companies in Taiwan's textile sector have been modifying their production lines and ramping up output to help meet the soaring demand for surgical masks and other personal protective equipment (PPE) amid the COVID-19 coronavirus pandemic. Among the companies that have stepped up to the challenge is a "national team" of six manufacturers, which are producing protective hospital gowns that have P3 particulate filters.
Due to the outbreak of COVID-19, it has become a global epidemic health hazard across the global platform. COMPUTEX TAIPEI & InnoVEX Organizers: Taipei Computer Association (TCA) and Taiwan External Trade Development Council (TAITRA) officially announces that in response to the outbreak, COMPUTEX TAIPEI & InnoVEX 2020 was originally scheduled to be held from June 2nd to 6th; now has been postponed until September 28th through 30th at Taipei Nangang Exhibition Center Hall 2 (TaiNEX 2).
A ministerial meeting of Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) member economies in August could help Taiwan's bid to join the Japan-led trade initiative, a Taiwanese official told CNA on Sunday.
Revenue brought in by Taiwan’s shipbuilding industry rose 25.2 percent to NT$27.1 billion (US$896.6 million) in 2019, according to data released March 16 by the Department of Statistics under the Ministry of Economic Affairs.
The 2020 Presidential Hackathon Press Conference and Proposal Submission Briefing was held on February 20 at the National Development Council by the Executive Yuan. Lee Chun-Yi, Deputy Secretary-General to the President, Audrey Tang, Minister without Portfolio, Chen Jen-ran, Ambassador-at-large, and Raymond Greene, AIT Deputy Director jointly announced that 2020 Presidential Hackathon would be open for submission of proposals from March 2 to April 17.
The Bank of Taiwan has announced a new milestone in its ongoing effort to expand business overseas in line with the government’s New Southbound Policy. Following the opening of its Jakarta Representative Office on Sept. 23, 2019, the Bank will inaugurate its newest representative office, in Kuala Lumpur, on Feb. 20 this year.
The global outbreak of the disease will encourage Taiwanese businesses to review their production and manufacturing capacity in China and consider moving back to Taiwan, Shen said, adding that such a move would promote industry upgrading in the country.
Growth in Taiwan's gross domestic product (GDP) in the fourth quarter of last year beat an earlier government forecast on the back of better than expected domestic investment, private consumption and exports, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Tuesday.
