》Economic Cooperation

MEDICAL TAIWAN Goes Online and Offline to Present Taiwan’s Smart Healthcare and Anti-Epidemic Ecosystem

Taiwan has won global praise for its rapid pandemic response and precautionary measures taken to contain the coronavirus (COVID-19) pandemic that emerged earlier this year. This success is testament to Taiwan's highly efficient public health and medical system, and the excellent quality of MIT (made in Taiwan) products. MEDICAL TAIWAN, which takes place from October 15 to 17, 2020 at Taipei Nangang Exhibition Center, Hall 2, will showcase Taiwan's comprehensive smart healthcare and anti-epidemic

U.S. launches anti-dumping probe into tire imports from Taiwan, other nations

The U.S. Department of Commerce (DOC) has started an investigation into selected tire imports from Taiwan, South Korea, Vietnam and Thailand to determine whether manufacturers from these countries have sold their products at unfairly low prices in the U.S. market. In a statement, the DOC said the anti-dumping (AD) investigation has targeted passenger vehicle and light truck (PVLT) tires sold from these countries.

Webinar on challenges and opportunities for the electronics industries of Taiwan and India Photos - New Southbound Policy

Webinar on challenges and opportunities for the electronics industries of Taiwan and India

Officials from India’s Department for Promotion of Industry and Internal Trade (DPIIT) of the Ministry of Commerce and Industry, and the Ministry of Electronics and Information Technology (MeitY) introduced three main schemes in place for India’s electronics industry.

Taiwan’s economic outlook amidst COVID-19 and the Taiwan-India collaboration Photos - New Southbound Policy

Taiwan’s economic outlook amidst COVID-19 and the Taiwan-India collaboration

As economies across the world grapple with the aftermath of COVID19 outbreak, Taiwan’s response to the pandemic has been outstanding. Though the country is bracing for a temporary slump in its economy, the Taiwan Government is working out effective strategies to revive its economy.

MOFA releases Q1 trade promotion report card Photos - New Southbound Policy

MOFA releases Q1 trade promotion report card

Taiwan’s representative offices around the world working in tandem with the Ministry of Economic Affairs helped significantly boost foreign trade and investment in the first quarter of 2020, according to the Ministry of Foreign Affairs June 20.

MOFA reports Q1 accomplishments on economic diplomacy

In cooperation with economics-related agencies, the Ministry of Foreign Affairs (MOFA) has helped increase foreign investment in Taiwan and procurement by foreign companies in the first quarter of the year, compared with the same period of 2019.

Taiwan moves up 5 spots to 11th in IMD competitiveness rankings

Taiwan has moved up five places from last year to 11th in the latest annual world competitiveness ranking released by the International Institute for Management Development (IMD) on Tuesday. It was Taiwan's best performance in the last four years after ranking 14th in both 2016 and 2017, 17th in 2018, and 16th in 2019, and the first time it was ranked as high as 11th since the 2015 rankings. Taiwan also remained the third most competitive economy in Asia in the 2020 rankings, behind Singap

Employment gold cards issued to foreign nationals rise nearly 80%

Taiwan issued 240 employment gold cards to foreign professionals in the first five months of this year, an increase of 77.8 percent from a year earlier, according to the National Development Council (NDC) Tuesday.

Taiwan forex reserves hit record high, remain No. 4 in world

Taiwan retained its position as having the fourth largest foreign exchange reserves in the world at the end of May, as forex reserves hit a record high, according to the central bank. Data compiled by the central bank showed Taiwan's forex reserves as of May totaled US$484.52 billion, up US$2.73 billion from a month earlier, helping the country retain its position as having the fourth largest forex assets in the world.

Taiwan's exports down in May for third straight month: MOF (update)

Taiwan's exports in May fell for the third consecutive month amid lower demand from overseas economies throttled by the COVID-19 pandemic, the Ministry of Finance (MOF) reported on Monday.

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