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Economic Cooperation

Taiwan, Taiwan businesses seen positively by Thai executives: survey

Taiwan and Taiwanese businesses in Thailand have among the most positive images of any of the country’s top 11 foreign investors, along with Japan and the United States, according to the results of a survey released Wednesday.

IMF raises GDP forecast for Taiwan to 5.9%

The International Monetary Fund (IMF) has raised its forecast for Taiwan’s gross domestic product (GDP) growth for 2021 despite a slight downward revision for global economic growth.

Taiwan moves up to 8th in IMD World Digital Competitiveness RankingPhotos - New Southbound Policy
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Taiwan moves up to 8th in IMD World Digital Competitiveness Ranking

Taiwan moved up three places from last year to eighth out of 64 major economies in the World Digital Competitiveness Ranking recently released by Switzerland-based International Institute for Management Development.

2021 Taiwan-Malaysia Joint Online Shopping Festival Starts Today! Influencer Introduces Taiwanese Goods Live Stream!Photos - New Southbound Policy
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2021 Taiwan-Malaysia Joint Online Shopping Festival Starts Today! Influencer Introduces Taiwanese Goods Live Stream!

As the Taiwan-Malaysia Joint Online Shopping Festival, Taiwan Select & Malaysia Select 2021 will start from October 1st for 10 days event, the Department of Commerce, Ministry of Economic Affairs (MOEA) and the co-organizer, Malaysia Digital Economy Corporation (MDEC) invite supporting partners, including the Malaysia External Trade Development Corporation (MATRADE) and the General Chamber of Commerce of the Republic of China (ROCCOC) joining the online launch ceremony on September 30th,

IDB collaborates with SEMI and AIT to energize Taiwan& Industries with international dynamicsPhotos - New Southbound Policy
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IDB collaborates with SEMI and AIT to energize Taiwan& Industries with international dynamics

To encourage international professionals in the semiconductor industry and digital economy to join Taiwan's industrial workforce, the Industrial Development Bureau (IDB) integrated its “DIGI+ Talent Accelerator & Jumpstart Program” and “Talent Circulation Alliance Program”, and joined hands with SEMI and American Institute in Taiwan (AIT) to organize “DIGI+ x TCA International Digital Talent Matching” online event on September 17, 2021.

ADB upgrades forecast for Taiwan’s 2021 GDP growth to 6.2%

The Asian Development Bank (ADB) on Wednesday raised its forecast for Taiwan’s 2021 gross domestic product growth to 6.2 percent, saying that the country’s economic momentum is expected to continue into the second half of the year.

Promoting Trade by Utilizing Digital Technology, Taiwan Lead the Discussion in APECPhotos - New Southbound Policy
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Promoting Trade by Utilizing Digital Technology, Taiwan Lead the Discussion in APEC

The Bureau of Foreign Trade (BOFT) hosted the Asia-Pacific Economic Cooperation (APEC) webinar Promoting Trade by Using Digital Technology on 14 September, and there were over 200 attendees from public and private sectors from all APEC member economies and APEC Business Advisory Council.

ITRI, AITA, and UCLA CHIPS Forge Cooperation on AI Chip DevelopmentPhotos - New Southbound Policy
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ITRI, AITA, and UCLA CHIPS Forge Cooperation on AI Chip Development

The Department of Industrial Technology (DoIT) of the Ministry of Economic Affairs (MOEA) is supporting the commencement of cooperation between ITRI, the AI on Chip Taiwan Alliance (AITA), and the UCLA Center for Heterogeneous Integration and Performance Scaling (CHIPS).

ITRI Provides Resources for Innovative IC Design Startups in Taiwan with ArmPhotos - New Southbound Policy
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ITRI Provides Resources for Innovative IC Design Startups in Taiwan with Arm

Taiwan is a hub for global semiconductor manufacturing. To promote local IC design startups, the Industrial Development Bureau (IDB) under the Ministry of Economic Affairs (MOEA) is supporting ITRI and Arm, a world leader in semiconductor IP design, in providing critical resources to make innovative IC design accessible to startups in the region through a new initiative called the IC Design Platform for Startups.

Taiwan, Australia stage joint energy, minerals consultationsPhotos - New Southbound Policy
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Taiwan, Australia stage joint energy, minerals consultations

The 26th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations was staged Sept. 7 via videoconference, spotlighting the like-minded partners’ commitment to fostering mutually beneficial ties, according to the Ministry of Economic Affairs.