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》Economic Cooperation

Taiwan business leaders optimistic about global economy: survey

A record 56 percent of Taiwanese business leaders think that global economic growth will improve in 2021, according to a recent survey by PricewaterhouseCoopers (PwC).

MOEA Recognizes 36 Energy-Saving Leaders for Achievements in Energy Conservation and Education Photos - New Southbound Policy

MOEA Recognizes 36 Energy-Saving Leaders for Achievements in Energy Conservation and Education

The 27th Energy Saving Leadership Award Ceremony was held by the Ministry of Economic Affairs (MOEA) at HNBK International Convention Center on December 2nd, 2020, where Mr. Cheng-Wei Yu, Director General, Bureau of Energy, presented the awards to the winners. A total of the 36 companies, institutions and schools committed to energy saving were recognized.

GDP growth hits 4.94 percent in Q4 for Taiwan

Taiwan’s gross domestic product grew 4.94 percent in the fourth quarter of 2020, 1.66 percent above the November forecast, according to the Cabinet-level Directorate-General of Budget, Accounting and Statistics Jan. 29.

Taiwan Customs utilizes AI and cloud technologies towards smart customs in the cloud era

In response to the government’s cloud policy, the Customs Administration of the Ministry of Finance launched a four-year plan starting in 2021 called “Smart Customs in the Cloud Era”, which aims to expand the government’s cloud utilization.

Summary of the First Automatic Exchange of Financial Account Information in Tax Matters with Japan and Australia Photos - New Southbound Policy

Summary of the First Automatic Exchange of Financial Account Information in Tax Matters with Japan and Australia

The Ministry of Finance stated that last year the Ministry completed its first provision to and received from Japan and Australia financial account information with respect to 2019.

Business confidence hits record high among U.S. companies in Taiwan

Confidence levels on the business climate for the year ahead has reached a record high among U.S. companies in Taiwan, despite severe challenges faced by markets around the world due to the COVID-19 pandemic.

BOFT and Textiles Federation Join Forces to Expand Overseas Opportunities Photos - New Southbound Policy

BOFT and Textiles Federation Join Forces to Expand Overseas Opportunities

In order to assist Taiwan's textile industry with enhancements to its international competitiveness and expand its global market share, the Bureau of Foreign Trade (BOFT), Ministry of Economic Affairs continues to collaborate with the Taiwan Textile Federation (TTF) in implementing the Textile Export Promotion Project (TEPP).

CPC Taiwan received first long-term LNG cargo from Cheniere Photos - New Southbound Policy

CPC Taiwan received first long-term LNG cargo from Cheniere

The first LNG cargo from the 25-year LNG SPA between CPC Corporation, Taiwan (“CPC”) and Cheniere Energy (“Cheniere”), the largest exporter of US LNG, has arrived in Taiwan today (10/01/2021) on the Fuji LNG vessel for discharging at the Taichung LNG Terminal. Under the SPA, which was signed back in August 11th, 2018, Cheniere will supply 2 mtpa of LNG (approximately 30 shipments annually) to CPC starting 2021 to 2045.

The MoU on Cooperation within the Area of Energy and Minerals Renewed at the 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations Photos - New Southbound Policy

The MoU on Cooperation within the Area of Energy and Minerals Renewed at the 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations

The 25th Taiwan-Australia Joint Energy and Minerals, Trade and Investment Cooperation Consultations (JEMTIC) was held via video-conferencing in the morning on November 12, 2020.

Commercial demand continues in cross-strait trade while the government helps businesses tap into the global market Photos - New Southbound Policy

Commercial demand continues in cross-strait trade while the government helps businesses tap into the global market

The industries of mainland China and Taiwan have long-established supply chain relations, and mainland China now relies heavily on Taiwan’s semiconductors and information communication products.

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