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Economic Cooperation
APEC consultation on reducing food loss takes place in TaipeiPhotos - New Southbound Policy
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APEC consultation on reducing food loss takes place in Taipei

An Asia-Pacific Economic Cooperation consultation on food loss and waste reduction wrapped up July 26 in Taipei City, spotlighting Taiwan’s commitment to promoting food security, combating climate change and advancing sustainable development.

The Philippines an option for Taiwanese investment: OfficialPhotos - New Southbound Policy
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The Philippines an option for Taiwanese investment: Official

At a seminar held in Manila Thursday, Hsu said the US-China trade war has cut into Taiwan’s GDP as well as its exports to China and ASEAN member countries. As a result, Taiwanese businesses based in China have either begun moving back to Taiwan or making investments in Southeast Asian countries.

 2019 Digital Taipei is extending its reach to the digital entertainment industryPhotos - New Southbound Policy
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2019 Digital Taipei is extending its reach to the digital entertainment industry

2019 Digital Taipei was held at Yuanshan EXPO Dome from July 12th to 14th, 2019. Since 2009, the MOEA’s Industrial Development Bureau has held Digital Taipei to build an industry exchange platform, helping Taiwan companies obtain the latest industry information and expanding business opportunities in overseas markets for more than ten years.

Taiwan’s top digital content trade show concludes in TaipeiPhotos - New Southbound Policy
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Taiwan’s top digital content trade show concludes in Taipei

Digital Taipei wrapped up July 14 at Taipei Expo Park, with around 200 buyers from 20 countries and territories including Germany, India, Japan, the Philippines and the U.S. attending Taiwan’s top digital content trade show.

Waste NotPhotos - New Southbound Policy
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Waste Not

Misshapen and unsightly vegetables are being saved from the trash heap in Taiwan by food banks and environmentally conscious restaurateurs. Food banks, restaurants and retailers are teaming up to recycle produce, eliminate waste and help those in need.

Taiwan Tech Startups’ Great Success at Innovfest Unbound 2019Photos - New Southbound Policy
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Taiwan Tech Startups’ Great Success at Innovfest Unbound 2019

Under the initiative of the Ministry of Science and Technology, Taiwan Tech Arena (TTA) led 28 startups that have some of the best minds in AI, IoT, Healthcare, software and advanced manufacture. By showcasing their innovative tech solutions in Innovfest Unbound 2019, those startups not only caught media’s attention but also have potential collaborations with international companies.

Taiwan startups secure deals worth over US$20 million at Singapore trade showPhotos - New Southbound Policy
Enlarge Taiwan startups secure deals worth over US$20 million at Singapore trade show Photos

Taiwan startups secure deals worth over US$20 million at Singapore trade show

Taiwan companies secured orders worth NT$640 million (US$20.5 million) at Innovfest Unbound in Singapore, spotlighting the success of government efforts to promote emerging enterprises, the Ministry of Science and Technology said July 9.

2019 Taiwan Vietnam Industrial Collaboration Forum in Ho Chi Minh CityPhotos - New Southbound Policy
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2019 Taiwan Vietnam Industrial Collaboration Forum in Ho Chi Minh City

In line with the New Southbound Policy, the Ministry of Economic Affairs (MOEA) has joined with Taiwan’s industry to establish a platform for Asia Pacific collaboration. The Chinese National Federation of Industries (CNFI) and the Vietnam Chamber of Commerce and Industry (VCCI) held the 2019 Taiwan Vietnam Industrial Collaboration Forum in Ho Chi Minh City, Vietnam on July 2, 2019.

Bicycle maker moves production closer to local marketsPhotos - New Southbound Policy
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Bicycle maker moves production closer to local markets

As what started to be a trickle starts to become a flood of manufacturers shifting production away from China to Taiwan and other countries as a result of the Trump tariffs, the world's biggest bike maker Giant tells Bloomberg that "Made in China" is over.

Untapped PotentialPhotos - New Southbound Policy
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Untapped Potential

Taiwan-Myanmar economic ties are scaling new heights on the back of growing direct investment. In mid-May, around 1,200 corporate representatives, entrepreneurs and government officials gathered in Myanmar’s commercial capital for the Yangon Investment Forum.