Taiwan moved up three places to a best-ever fifth in the latest Allianz Global Wealth Report released Sept. 27 by the Munich-based financial services group.

President Tsai also mentioned that Taiwan is actively working to implement the New Southbound Policy to promote cooperation with the nations of ASEAN and South Asia.

President Tsai Ing-wen said Sept. 28 that relations between the Republic of China (Taiwan) and the Holy See are going from strength to strength, and the diplomatic allies will continue working together in promoting peace, prosperity and stability in the Asia-Pacific.

This cooperation is in line with the New Southbound Policy. A key component of the government’s national development strategy, the policy seeks to deepen Taiwan’s agricultural, business, cultural, education, tourism and trade ties with the 10 Association of Southeast Asian Nations member states, six South Asian countries, Australia and New Zealand.

According to the president, this year’s edition of the program—themed New Taiwan Generation, New Southbound Vision—helped build bridges of cultural understanding with New Southbound Policy target nations, furthering Taiwan’s efforts to expand across-the-board exchanges.

Republic of China (Taiwan) President Tsai Ing-wen said Sept. 18 that the Muslim community is an important partner of Taiwan and an indispensable force for promoting the government’s New Southbound Policy.

The New Southbound Policy is a crucial part of Taiwan's economic and trade strategy in the face of increasing regional economic integration as well as new challenges and business opportunities linked to the integration trend.

President Tsai Ing-wen of the Republic of China (Taiwan) sent a congratulatory letter to President Halimah Yacob upon the latter’s becoming the Republic of Singapore's first female head of state. The newly inaugurated president, a former speaker of parliament of Malay heritage, assumed the presidency automatically as prescribed in law, being the only qualified candidate for the reserved election slated for September 13.

President Tsai Ing-wen met on the morning of September 14 with directors from the Semiconductor Equipment and Materials International (SEMI) and the Taiwan Semiconductor Industry Association (TSIA), as well as the representatives of a number of semiconductor firms from home and abroad. She stressed that the Taiwan government will continue to promote the development of the smart machinery industry to meet the needs of the industrial development, and thus enhance Taiwan's global competitiveness.

President Tsai Ing-wen outlined Sept. 12 six policies aimed at fostering the animation, comics and games industries at the Golden Comic Awards in Taipei City.