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E-scooters get ready for takeoff in TaiwanPhotos - New Southbound Policy
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E-scooters get ready for takeoff in Taiwan

In the early morning of Aug. 6, 2017, more than 500 Gogoro riders from Hsinchu, Kaohsiung, Taichung and Taoyuan cities gathered in Sanchong District of New Taipei City in northern Taiwan to stage a “quiet” revolution. Together, they traveled in style across Taipei Bridge, a major access point to Taipei City that is often crowded with legions of boisterous motorcycles spewing clouds of exhaust.

Premier Lai touts Taiwan’s economic recoveryPhotos - New Southbound Policy
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Premier Lai touts Taiwan’s economic recovery

Taiwan’s latest economic indicators point to positive and stable growth, with business orders trending up and employment set to further improve, according to Premier Lai Ching-te Jan. 25.

2018 Renewable Energy FIT Rates are Announced

The Ministry of Economic Affairs (MOEA) convened the third meeting of the 2018 Renewable Energy Feed-in tariff (FIT) Rates Review Committee on December 14th, 2017 and decided to raise the 1-20 kW level of FIT rates on solar PV to increase incentives for public participation and accelerate the development of geothermal energy.

New Southbound Policy powers Taiwan 2017 exportsPhotos - New Southbound Policy
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New Southbound Policy powers Taiwan 2017 exports

Taiwan’s exports to New Southbound Policy countries surged 13.4 percent year on year to US$67.4 billion in 2017, the best rate in six years and third highest total on record, according to the Ministry of Finance Jan. 19.

 Strong trade growth achieved for 2017 in TaiwanPhotos - New Southbound Policy
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Strong trade growth achieved for 2017 in Taiwan

Foreign trade totaled US$576.9 billion for 2017 in Taiwan—up 12.92 percent from the year before—on the back of high prices for agricultural and raw materials, as well as robust demand for consumer electronics and mobile devices, according to the Ministry of Finance Jan. 8.

Key Investment MarketPhotos - New Southbound Policy
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Key Investment Market

Taiwan companies are increasingly turning to Vietnam as a destination for investment and trade.

Taiwan to set up over 3,300 e-scooter battery charging stations in 5 yearsPhotos - New Southbound Policy
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Taiwan to set up over 3,300 e-scooter battery charging stations in 5 years

Taiwan plans to set up more than 3,300 battery charging and swapping stations for electric scooters over the next five years as part of wider efforts to curb air pollution and promote sustainable solutions, according to the Industrial Development Bureau under the Ministry of Economic Affairs Jan. 3.

 Hon Hai unveils Taiwan’s fastest supercomputerPhotos - New Southbound Policy
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Hon Hai unveils Taiwan’s fastest supercomputer

Hon Hai Precision Industry Co. unveiled Dec. 26 a high-performance computing system three times faster than any other supercomputer in Taiwan, underscoring the nation’s high-tech expertise and cutting-edge R&D capabilities.

Taiwan set to have large presence at Consumer Electronics Show in Las VegasPhotos - New Southbound Policy
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Taiwan set to have large presence at Consumer Electronics Show in Las Vegas

More than 200 Taiwan enterprises and organizations are set to participate in the Consumer Electronics Show Jan. 9-12 in Las Vegas, underscoring the nation’s key role in the global information and communication technology sector and cutting-edge R&D capabilities.

Taiwan Wins a Winner and a Merit at APICTA Awards 2017 in Dhaka, Bangladesh

The Asia Pacific ICT Alliance Awards (APICTA Awards) was held in Dhaka, Bangladesh from December 7th to 10th with 13 member economies and 173 entries competing in 17 categories. Taiwan won a Winner award and a Merit award.