Taiwanese industries 結果共39筆

Tainan City and the Asian Taiwanese Chambers of Commerce signed a memorandum for a ＂Three-in-One Green Passage＂ to boost overseas business ties. This initiative aims to streamline communication and enhance cooperation, leveraging Tainan’s robust supply chain in key industries.

The Chinese National Federation of Industries urges Taiwan to freeze electricity prices and delay carbon fees in response to U.S. tariffs. The 20% rate impacts exports, affecting SMEs and the economy. The government is negotiating for a lower rate.

Eric Chu, KMT chairman, calls for transparency in U.S.-Taiwan tariff talks, warning high tariffs could harm industries. AIT advises relying on official statements.

The Ministry of Labor in Taiwan reports an increase in furloughs, with 179 businesses and 3,196 workers affected. The manufacturing sector is most impacted.

Taiwan’s Executive Yuan approved a $27 billion plan to boost 6G and satellite tech, aiming to enhance telemedicine and smart transport. The initiative seeks to integrate communication tech across industries, with a focus on international cooperation and reducing the digital divide.

Taiwan’s President Lai Ching-te stresses the need for stronger Taiwan-U.S. economic ties amid U.S. tariff impacts. He unveils a support plan to aid affected industries.

Machinery industry leaders in Taichung discuss U.S. tariff impacts with government officials. They seek collaboration to turn crises into opportunities and propose strategies to support industries and workers.

U.S. President Trump suspends tariffs on Taiwan for 90 days, impacting trade. Taiwanese tech industries face anxiety over a looming 32% tariff. Experts urge Taiwan to leverage U.S. ties and diversify markets.

Kaohsiung Mayor Chen Chi-mai urges policy adjustments to support southern industries amid U.S.-China trade war challenges. He highlights the need for strategic changes to aid Taiwanese businesses, focusing on steel and petrochemical sectors.

Taipei Mayor Chiang Wan-an met with Premier Cho Jung-tai to discuss U.S. tariff delays. Chiang proposed strategies to protect local industries, urging collaboration and financial support to stabilize the economy.

Taiwan’s economic minister outlines strategies to counter U.S. tariffs, focusing on key industries. The government plans to assist Taiwanese firms in China with relocation if needed.

President Lai Ching-te calls for unity in Taiwan to tackle tariff challenges, proposing nine initiatives and a NT$88 billion budget to support industries.

U.S. tariffs spark concern for Taiwanese exporters, but Economic Minister J.W. Kuo says server and auto parts industries face limited impact. Taiwan-U.S. talks continue.

Taipei Mayor Chiang Wan-an unveils a plan to counter U.S. tariffs, aiding SMEs with financial support and labor programs. He calls for unity to tackle economic challenges.

Graphen unveils its AI product, Avatar, at the Smart City Summit, revolutionizing industries with interactive services in retail, healthcare, and finance.

Discover the latest on China resuming Taiwanese pomelo imports, a move criticized by the Mainland Affairs Council as politically motivated. Learn about the implications for cross-strait relations and agriculture.

Discover how Taiwan’s government plans to revitalize SMEs and foster economic diversification, allocating over NT$10 billion to support innovation and attract investments.

President Tsai Ing-wen commits to supporting Taiwan’s industry development, highlighting the country’s export success and plans for post-pandemic recovery. Tsai vows to deepen global economic ties, recognizing the National Importers & Exporters Chamber of Commerce’s role in driving economic growth amidst challenges. Taiwan aims to enhance international competitiveness through agreements with the U.S., U.K., Canada, and others, promoting a prosperous future for Taiwanese industries.

Discover how the global economic recovery and labor shortages are leading to increased overtime work in Taiwan’s manufacturing and industrial sectors, impacting workers’ preferences and job market dynamics.

Read about the latest insights from the 2024 Taiwan Business Leadership Survey by PwC Taiwan. Discover how Taiwanese business leaders are navigating challenges and opportunities in a rapidly changing economic landscape, with a focus on sustainability, competition, and transformation. Gain valuable perspectives on the future outlook and industry-specific trends shaping Taiwan’s business environment.

Minister of Labor Hsu Ming-chun confirms completion of MOU exchange process with India, introducing migrant workers to various industries in Taiwan. Details of the initiative and discussions with India outlined.

Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.

As the Lunar New Year approaches, Taiwanese employees await their year-end bonuses, a significant indicator of corporate success and economic health. The bonuses, reflecting the highest salaries in eight years, vary across industries, with a focus on financial planning and investment.

Following the United Kingdom’s departure from the European Union (EU), Taiwan’s representative to the UK, Vincent Yao, stated that Brexit has allowed the UK to establish closer economic ties with Taiwan, potentially helping Taiwan resist China’s attempts to isolate it. Taiwan is also increasingly investing in the UK, with the goal of becoming the UK’s primary trading partner in Europe. Additionally, strengthening UK-Taiwan trade relations could benefit the UK by providing access to Taiwan’s key industries, such as semiconductors. The bilateral relationship between Taiwan and the UK is reflected in the increase of UK government officials posted to Taiwan and the expansion of the UK office in Taipei. Collaboration between the two countries extends to areas such as artificial intelligence, offshore wind power, and electric vehicle batteries. However, there is still room for further development in bilateral cooperation.

Taiwan Semiconductor Manufacturing Company (TSMC) is considering constructing a second facility in Japan’s Kumamoto Prefecture, with an announcement expected in February. The new facility is projected to attract an investment of around two trillion Yen, roughly NT$421.6 billion. TSMC’s first plant in Kumamoto is nearing completion, indicating a significant expansion of the Taiwanese company’s operations in Japan. Industry analysts speculate that this development, along with the completion of TSMC’s first plant, could attract more semiconductor-related industries, including those from Taiwan, to Kumamoto. The new plant is expected to produce semiconductor products ranging from 7 to 16 nanometers. TSMC currently holds the tenth position in the list of 2023’s top global companies by market value, with a valuation of $53.498 billion, or about NT$1.67 trillion, according to UK-based financial services provider City Index.