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Machine tool industry to benefit from CPTPP: TsaiPhotos - New Southbound Policy
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Machine tool industry to benefit from CPTPP: Tsai

The machine tool industry is one of the domestic sectors that would overcome tariff and trade barriers if Taiwan joins the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), President Tsai Ing-wen said recently.

BSMI Will Host a Three-Day APEC Webinar on Renewable Energy Certification System Beginning March 7Photos - New Southbound Policy
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BSMI Will Host a Three-Day APEC Webinar on Renewable Energy Certification System Beginning March 7

The Bureau of Standards, Metrology and Inspection (BSMI) held a press conference on March 2 for the coming webinar entitled “Utilizing Renewable Energy Certification (REC) to Facilitate APEC Regional Renewable Energy Growth,” which is going to take place on March 7-9, 2022.

Taiwan’s exports grow for 20th straight month in FebruaryPhotos - New Southbound Policy
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Taiwan’s exports grow for 20th straight month in February

Taiwan’s exports grew for a 20th consecutive month in February, up more than 34 percent from a year earlier, on the back of increasing global demand amid an economic recovery, the Ministry of Finance (MOF) said Tuesday.

Taiwan’s e-bike export growth still on trackPhotos - New Southbound Policy
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Taiwan’s e-bike export growth still on track

It is regarded as one of the main challenges for e-bike and bicycle assemblers today, having all components in stock in time to deliver a complete bike. Still Taiwan’s e-bike and bicycle assemblers managed to generate double digit growth volumes last year.

Taiwan machine tool show open physically, virtuallyPhotos - New Southbound Policy
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Taiwan machine tool show open physically, virtually

The joint Taipei International Machine Tool Show (TIMTOS) and Taiwan International Machine Tool Show (TMTS), being held together for the first time, opened both physically at the Taipei Nangang exhibition center and virtually online on Feb. 20.

New Southbound Policy continues to boost Taiwan trade, investmentPhotos - New Southbound Policy
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New Southbound Policy continues to boost Taiwan trade, investment

Taiwan’s exports to the 18 countries covered under the government’s New Southbound Policy recently hit a record high, reflecting the effectiveness of the diversification strategy in the five years since its launch, according to the Cabinet-level Office of Trade Negotiations.

Vaccine maker Moderna to establish subsidiary in Taiwan

U.S. biotechnology company Moderna, Inc., one of the two leading makers of mRNA vaccines for COVID-19, has announced plans to establish subsidiaries in four Asian countries and territories, including Taiwan.

Exports grow for 19th straight month in JanuaryPhotos - New Southbound Policy
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Exports grow for 19th straight month in January

Taiwan’s exports rose for the 19th consecutive month in January, up more than 16 percent from a year earlier, on the back of strong global demand for tech gadgets and raw material items amid an economic recovery, the Ministry of Finance (MOF) said Friday.

Trade council, economics ministry launch medical innovation projectPhotos - New Southbound Policy
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Trade council, economics ministry launch medical innovation project

Taiwan’s external trade council, TAITRA, has launched a project to bring medical innovations developed in Taiwan to a global market.

Export orders hit all-time high for 2021 in TaiwanPhotos - New Southbound Policy
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Export orders hit all-time high for 2021 in Taiwan

Taiwan’s export orders grew 26.3 percent year on year to an all-time high of US$674.13 billion for 2021, according to the Ministry of Economic Affairs Jan. 20.