Jump to main content
Economic Cooperation
Taoyuan City Deputy Mayor Wang Ming-Jiuh led a delegation to Singapore for investment promotionPhotos - New Southbound Policy
Enlarge Taoyuan City Deputy Mayor Wang Ming-Jiuh led a delegation to Singapore for investment promotion Photos

Taoyuan City Deputy Mayor Wang Ming-Jiuh led a delegation to Singapore for investment promotion

During the visit, the delegation toured the General Electric Company (GE) maintenance and research center, where they discussed setting up a maintenance center in Taoyuan and explored potential investment cooperation projects. Deputy Mayor Wang stated that Taoyuan has advantages in transportation, with its airport, and in talent, with institutions like National Central University. The city also boasts a significant number of precision manufacturing industries.

113th Trade Show Open Registration. Assisting New Taipei Enterprises to Seize Opportunities in India and TurkeyPhotos - New Southbound Policy
Enlarge 113th Trade Show Open Registration. Assisting New Taipei Enterprises to Seize Opportunities in India and Turkey Photos

113th Trade Show Open Registration. Assisting New Taipei Enterprises to Seize Opportunities in India and Turkey

The registration for the 113th Trade Show has commenced! The New Taipei City Government is set to lead a trade show from July 6th to 18th to participate in the “TAIWAN EXPO 2024 in India” and conduct trade negotiation meetings in Turkey, to assist New Taipei City enterprises in penetrating the emerging markets of South Asia and Europe. This year’s goal is to recruit 20 excellent enterprises from New Taipei City, and registration is open until April 12th.

Taipei World Trade Center Wins WTCA Champion Award for InnovationPhotos - New Southbound Policy
Enlarge Taipei World Trade Center Wins WTCA Champion Award for Innovation Photos

Taipei World Trade Center Wins WTCA Champion Award for Innovation

Supervised by the International Trade Administration of the Ministry of Economic Affairs (Bureau of Foreign Trade), Taipei World Trade Center (also known as WTC Taipei), operated by the Taiwan External Trade Development Council, was honored with the Champion Award for Innovation by the World Trade Center Association (WTCA) on the evening of March 6th, 2024.

ITRI and TSMC Collaborate on Advancing High-Speed Computing with SOT-MRAMPhotos - New Southbound Policy
Enlarge ITRI and TSMC Collaborate on Advancing High-Speed Computing with SOT-MRAM Photos

ITRI and TSMC Collaborate on Advancing High-Speed Computing with SOT-MRAM

ITRI has joined forces with Taiwan Semiconductor Manufacturing Company (TSMC) for pioneering research into the development of a spin-orbit-torque magnetic random-access memory (SOT-MRAM) array chip. This SOT-MRAM array chip showcases an innovative computing in memory architecture and boasts a power consumption of merely one percent of a spin-transfer torque magnetic random-access memory (STT-MRAM) product.

Taiwan to recruit semiconductor talent from Southeast Asian countriesPhotos - New Southbound Policy
Enlarge Taiwan to recruit semiconductor talent from Southeast Asian countries Photos

Taiwan to recruit semiconductor talent from Southeast Asian countries

As 2024 unfolds, the Ministry of Economic Affairs (MOEA) has drawn plans to recruit semiconductor professionals from overseas by organizing talent-seeking missions to several Southeast Asian countries in the months ahead, according to officials in the MOEA’s Industrial Development Administration (IDA).

Taiwan trade surplus hits record high in 2023Photos - New Southbound Policy
Enlarge Taiwan trade surplus hits record high in 2023 Photos

Taiwan trade surplus hits record high in 2023

Taiwan’s trade surplus soared 56.9 percent to hit an all-time high of US$80.56 billion last year, reflecting the success of the government’s various investment promotion projects, enhancing local supply chain resilience and boosting the overall economy, the Ministry of Economic Affairs said Jan. 9.

Taiwan’s semiconductor sector expansion continues in 2023Photos - New Southbound Policy
Enlarge Taiwan’s semiconductor sector expansion continues in 2023 Photos

Taiwan’s semiconductor sector expansion continues in 2023

Taiwan’s semiconductor industry remained on the fast track in 2023 following continuous efforts by the public and private sectors to enhance research and development, the Ministry of Economic Affairs said Dec. 28 in a press release.

TECO and Mitsui Launch EV Manufacturing Venture in IndiaPhotos - New Southbound Policy
Enlarge TECO and Mitsui Launch EV Manufacturing Venture in India Photos

TECO and Mitsui Launch EV Manufacturing Venture in India

TECO Electric & Machinery of Taiwan and Japan’s Mitsui & Co., Ltd. have inaugurated a new factory in Bengaluru, India, focusing on the electric vehicle (EV) industry.

Moody’s affirms Taiwan’s ‘Aa3’ rating; outlook stays stable

Moody’s Investors Services, a leading international ratings agency, has affirmed Taiwan’s “Aa3” rating, while maintaining the country’s outlook at stable, according to the Central Bank of the Republic of China (Taiwan).

Taiwan Healthcare Expo 2023 Highlights Biomedical InnovationsPhotos - New Southbound Policy
Enlarge Taiwan Healthcare Expo 2023 Highlights Biomedical Innovations Photos

Taiwan Healthcare Expo 2023 Highlights Biomedical Innovations

The 2023 Taiwan Healthcare Expo, the largest medical technologies event in the Asia-Pacific region, was held at the Taipei Nangang Exhibition Center, drawing over 650 participants and 2,300 booths.