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Economic Cooperation

Taiwan's Chang Hwa Bank to open branch in Philippines

Taipei-based Chang Hwa Bank is poised to open a new branch in the Philippines and an office in Myanmar later this year, as part of an ongoing plan to expand its overseas presence.

Taiwan Expo opens in VietnamPhotos - New Southbound Policy
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Taiwan Expo opens in Vietnam

Taiwan Expo 2017 opened on Wednesday in Ho Chih Minh City, southern Vietnam, as part of Taiwan's efforts to promote its products in the Southeast Asian country.

Taiwan, Indonesia to jointly build stainless-steel electric trains

Taiwan Rolling Stock Co. (TRSC), the country's first railroad car manufacturer, has entered into an agreement with an Indonesian company to jointly build 400 stainless-steel electric multiple units (EMUs).

Taiwan talent to take center stage at World Congress on Information TechnologyPhotos - New Southbound Policy
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Taiwan talent to take center stage at World Congress on Information Technology

The 2017 World Congress on Information Technology, set to take place Sept. 10-13 in Taipei City, will provide a platform for the country’s young entrepreneurs to flex their innovative muscles and network with global industry heavyweights, according to the Ministry of Economic Affairs July 25.

Export orders hit record high for June in TaiwanPhotos - New Southbound Policy
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Export orders hit record high for June in Taiwan

Taiwan’s export orders reached an all-time high for June of US$40.35 billion, up 13 percent year on year, reflecting ongoing improvement in economic conditions at home and abroad, according to the Ministry of Economic Affairs July 20.

Enlarge "Digital Security is Vital to SME Competitiveness" APEC SME Digital Resilience Training Workshop Photos

"Digital Security is Vital to SME Competitiveness" APEC SME Digital Resilience Training Workshop

100 startup teams, SME representatives, and experts from worldwide including New Southbound Policy Countries from Thailand, The Philippines, Malaysia and other countries are to gather at this two-day event. The event's purpose is to better prepare SMEs for cyber security risks.

Taipei counts down to World Congress on Information TechnologyPhotos - New Southbound Policy
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Taipei counts down to World Congress on Information Technology

Taipei City is set to host the World Congress on Information Technology Sept. 10-13, attracting more than 90 industry experts and 2,500 business leaders from 80 countries and territories to discuss and exchange ideas on the latest technology developments.

616 employees of a Taiwan-owned company in Vietnam vacation in TaiwanPhotos - New Southbound Policy
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616 employees of a Taiwan-owned company in Vietnam vacation in Taiwan

A gathering was held on June 25 in Taipei which Overseas Community Affairs Council (OCAC) Minister Wu Hsin-hsing was invited to attend. He said at the event that the spending power of visitors from the ASEAN region is remarkable and that the government is very keen to see compatriots and Taiwan-owned companies bring their employees to Taiwan on vacation to increase the number of visitors Taiwan receives overall, boosting the revenues of travel-related industries.

 Building the BrandPhotos - New Southbound Policy
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Building the Brand

In an address coinciding with the launch of the strategy, President Tsai Ing-wen (蔡英文) said the government would leave no stone unturned in fostering well-balanced tourism development around the country on the basis of a smart, experiential model aimed at diversifying source markets.

MOTC minister promotes sustainable tourism at APEC meetPhotos - New Southbound Policy
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MOTC minister promotes sustainable tourism at APEC meet

Taiwan is committed to becoming a champion of sustainable tourism and will work with fellow Asia-Pacific Economic Cooperation member economies to implement and share best practices for inclusive, environmentally responsible growth, Minister of Transportation and Communications Ho Chen Tan said.