The annual India-Taiwan Trade Forum was staged Jan. 15 in Taipei City, bringing together more than 150 business leaders and representatives from the two sides to explore new and enhanced commercial tie-ups.

Investments pledged for Taiwan grew about 25 percent from a year earlier in 2018, indicating the government's efforts to encourage foreign and local firms to invest paid off, Deputy Economic Affairs Minister Kung Ming-hsin (龔明鑫) said Wednesday.

Taiwan is ranked fourth among 50 major economies globally in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA, according to the Ministry of Economic Affairs Dec. 25.

The Cabinet on Thursday approved a draft bill that is aimed mainly at addressing a shortage of mid-level technicians by attracting more foreign professionals.

Taiwan's Chinese National Federation of Industries signed six memorandums of understanding (MOU) with Filipino industry associations in Taipei Thursday and is looking for further opportunities for cooperation in the electronics, electric motorbike and plastics industries.

Taiwan and Indonesia inked a memorandum of understanding on comprehensive economic cooperation Nov. 19 in Taipei City, underscoring their commitment to expanding mutually beneficial trade and investment ties.

Taiwan improved two spots to 13th among 190 economies worldwide and fifth in the Asia-Pacific, according to the Doing Business 2019 report released Oct. 31 by Washington-based World Bank.

Taiwan has climbed two spots to reach the 13th position among 190 economies in the latest "Doing Business 2019" rankings, according to the international economic organization.