At a time when trade friction between the United States and China is affecting global demand, export-oriented Taiwan still posted a year-on-year increase of more than 2 percent in outbound sales for the first nine months of the year, after inflationary adjustments, according to the Ministry of Finance (MOF).
About 1,000 local and international buyers visited the 2019 Smart Asia trade show in Mumbai, India from Oct. 17-19, including one from as far away as Poland, who was interested in Taiwan-made electric car batteries, according to the organizer Taiwan External Trade Development Council (TAITRA).
"India and Taiwan have not even scratched the surface of the vast potential that our two economies hold together for each other," said Ajay Prakash Sawhney, secretary of India's Ministry of Electronics and Information Technology, at the opening ceremony of the Taipei International Electronics Show (Taitronics).
The launch ceremony of Startup Terrace, an iconic international entrepreneurs' village in Asia, will take place on October 17th (Thursday). With its connections with communities, industries and the global market, Startup Terrace has attracted at least 132 domestic and foreign accelerators and startups to move into it.
Taipei City Mayor Ko Wen-je attended the 2019 Taipei Cross-Border eCommerce Annual Convention today (October 8). In order to help enterprises tap into the global cross-border eCommerce market and transform Taipei City into a smart trade city, Taipei City Government has not only invited eBay Inc. Vice President John Lin to reveal the new trend in 2020, but also PChome Thai and Pinkoi to share their experiences in the Asian market such as Southeast Asia.
Taiwan placed 12th out of 141 economies surveyed around the globe in the World Economic Forum's latest Global Competitiveness Report released Oct. 9, 2019, moving up one position from the previous report. Receiving a score of 80.2 out of 100, Taiwan finished fourth in Asia. The top 11 economies globally were Singapore, the United States, Hong Kong, the Netherlands, Switzerland, Japan, Germany, Sweden, the United Kingdom, Denmark and Finland.
Deputy Minister Tseng Wen-Sheng led a delegation to Australia for a series of exchange events from August 27 to 30, visiting Australia’s major universities and innovation and R&D centers, as well as attending the 33rd Joint Conference of the ROC-Australia and Australia-Taiwan Business Councils, and the 24th Joint Energy and Minerals, Trade and Investment Cooperation Consultations (JEMTIC).
Japan will seek support from other countries for Taiwan's efforts to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), a visiting Japanese parliamentarian said in Taipei Wednesday.
The internet economy in Southeast Asia is forecast to surpass US$100 billion for 2019 before growing to more than U$300 billion by 2025, making the region one of the fastest growing in terms of online commerce as its youthful population eagerly embraces smartphones, according to a study by Google, Temasek Holdings Pte and Bain & Co.
A placement scheme in which employers bear most of the costs of hiring Indonesian workers was pitched to local companies by the Indonesia Economic and Trade Office (IETO) on Monday as mutually beneficial for employers and workers.
