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).
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.
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.
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
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.
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.
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).
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
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
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.