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Economic Cooperation

MOEA Urges Cross-Border Cooperation to Promote Data Economy

On March 27th, the Industrial Development Bureau of the Ministry of Economic Affairs held the Data Economy X Global Cooperation – 2019 International Salon on Data Economy & Industrial Innovation, inviting departments and organizations in charge of open data from Japan, Malaysia and India to exchange views and discuss innovative development, key challenges and international cooperation models of the data economy.

Taiwan ranks No.1 in IC material market for 9th straight yearPhotos - New Southbound Policy
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Taiwan ranks No.1 in IC material market for 9th straight year

Taiwan ranked as the largest semiconductor material market in the world for the ninth consecutive year in 2018, according to data released Wednesday by the global industry association SEMI.

Google unveils investment, talent cultivation plan for TaiwanPhotos - New Southbound Policy
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Google unveils investment, talent cultivation plan for Taiwan

Google Inc. announced March 27 an expanded investment and training program for Taiwan aimed at deepening the local talent pool in key emerging sectors and positioning the country as a regional digital technologies hub.

Taiwan achieves best ever ranking of 10th in global economic freedom indexPhotos - New Southbound Policy
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Taiwan achieves best ever ranking of 10th in global economic freedom index

Taiwan ranks 10th out of 180 economies around the world in the latest Index of Economic Freedom released Jan. 25 by Washington-based think tank The Heritage Foundation, marking its best ever result in the annual report.

Taiwan sends first delegation to Gujarat investors’ summit in IndiaPhotos - New Southbound Policy
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Taiwan sends first delegation to Gujarat investors’ summit in India

A delegation of 36 major Taiwan firms and medical institutions took part in the Vibrant Gujarat Global Summit Jan. 18-20 in the western Indian state, according to the Taiwan External Trade Development Council (TAITRA).

India-Taiwan Trade Forum wraps up in TaipeiPhotos - New Southbound Policy
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India-Taiwan Trade Forum wraps up in Taipei

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 up 25% in 2018: MOEAPhotos - New Southbound Policy
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Investments pledged for Taiwan up 25% in 2018: MOEA

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 ranks 4th in BERI’s latest global investment reportPhotos - New Southbound Policy
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Taiwan ranks 4th in BERI’s latest global investment report

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.

Cabinet approves draft New Economic Immigration LawPhotos - New Southbound Policy
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Cabinet approves draft New Economic Immigration Law

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.