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.
In order to pave the way for Taiwan’s startups to enter international market, the Ministry of Science and Technology (MOST) organizes a delegation with 82 teams which led by TTA (Taiwan Tech Arena) to attend CES 2020 (Consumer Electronics Show), and build national pavilion at Eureka Park in January this year.
Taiwan's exports for December rose from a year earlier for the second consecutive month with the electronics sector in traditional peak season seeing an increase in shipments, the Ministry of Finance (MOF) said Tuesday.
Taiwan was the fifth-largest foreign investor in Vietnam for the first 11 months of 2019, the Ministry of Economic Affairs’ (MOEA) statistics department reported Monday.
Deputy economics minister Wang Mei-hua said on Friday that Taiwan must strengthen its competitiveness through superior quality and service. Wang was speaking in response to a letter submitted by scholars saying that the signing of a free trade agreement among China, Japan and Korea next year could pose a threat to Taiwan’s export competitiveness.
Authorized Economic Operators (AEO) system in Taiwan has been implemented since December 2009 to grant certified supply chain operators with AEO status and related benefits of customs clearance. This year, 2019, marks its 10th anniversary, a milestone for the implementation of this significant system that enhances supply chain security and facilitation.
Taiwan has been listed as the fourth-best destination for investment by the latest U.S. Business Environment Risk Intelligence (BERI) report, the Ministry of Economic Affairs (MOEA) said Friday.
Taiwan is planning to hold five trade fairs in South and Southeast Asia next year to promote trade exchanges. That’s the word from Taiwan External Trade Development Council (TAITRA) Chairman James Huang on Thursday. The trade fairs will be held in Mumbai, Ho Chi Minh City, Kuala Lumpur, Bangkok, and the Indonesian city of Bandung.
