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  • Taiwan’s economic surge amid digital revolution

    Explore Taiwan’s optimistic economic future through the eyes of NDC Minister Kung Ming-hsin, highlighting the nation’s digital transformation, resilience against natural disasters, and robust foreign investment growth amidst geopolitical challenges.
    2024/04/24 18:03
  • Taiwan’s economy glows green for stability in February: NDC

    Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.
    2024/03/28 17:54
  • TSMC’s cutting-edge chip tech to stay in Taiwan: NDC

    Stay updated on the latest developments in Taiwan’s semiconductor industry with this story on the National Development Council Minister Kung Ming-hsin’s affirmation that Taiwan Semiconductor Manufacturing Company’s cutting-edge processing techniques will continue to be based in Taiwan. Learn about TSMC’s global expansion plans and Taiwan’s strategies to maintain its industrial competitiveness in the face of growing demand for advanced chipsets.
    2024/03/06 17:29
  • Taiwan’s economic shows stability: NDC

    Stay updated on Taiwan’s economic progress as the National Development Council reports a stable outlook for January 2024. Economic indicators show positive trends in production, investment, sales, and finance, signaling continued recovery. Follow the transition from recession to a transitional economy in key sectors, reflecting a promising shift in Taiwan’s economic landscape.
    2024/03/04 18:06
  • NDC Minister eyes swift ECA with Australia for energy ties

    Taiwan’s National Development Council Minister, Kung Ming-hsin, expressed the hope for Taiwan to swiftly sign an Economic Cooperation Agreement (ECA) with Australia. In his speech, he emphasized the potential for collaboration in the hydrogen energy sector to boost industrial development between the two countries. Kung, on behalf of Taiwan’s government, accepted the official release of the 2023 White Paper by the Australia New Zealand Chamber of Commerce (ANZCHAM). He highlighted the record high trade of US$34.08 billion among Taiwan, New Zealand, and Australia last year. Kung also emphasized Australia’s crucial role as a major supplier of energy and agricultural products for Taiwan, emphasizing the complementarity between their economic industries. He mentioned Taiwan’s involvement in offshore wind financing operations with the Macquarie Group and its target of 10% of its energy mix coming from hydrogen, particularly green hydrogen, illustrating the potential for energy cooperation with New Zealand and Australia.
    2023/12/07 20:42
  • Taiwan probes LY Corp. over 440K users’ data leak

    Taiwan’s Minister of Digital Affairs, Audrey Tang, has announced that the cyber security breach at LY Corporation, the parent company of popular messaging app LINE, is currently under investigation by the National Development Council (NDC). The breach potentially exposed the personal data of approximately 440,000 users, including information from 100 Taiwanese accounts. The incident, which follows a hack on South Korean IT giant Naver, a major shareholder in LY Corporation, has prompted the ongoing investigation in Taiwan. The leaked data primarily includes names, affiliated institutions, and email addresses of LY Corporation’s employees and business partners, as well as potentially leaked ages, genders, and purchase histories for stickers. However, no users’ messages, bank account numbers, or credit card information were compromised. Taiwan’s Digital Ministry has requested relevant entities to provide information and report the breach in accordance with the law. The affected user data includes hashed mobile phone numbers, email addresses, and LINE account details. Whether sanctions will be imposed under Taiwan’s new Personal Data Protection Act will depend on the outcome of the NDC’s investigation. Minister Tang assured the public that messages sent between LINE users are end-to-end encrypted and the server does not store message content, indicating that no message content was compromised in this breach. She emphasized the importance of having servers located in Taiwan for apps like LINE, particularly for maintaining communications during disasters. Discussions are underway with various international messaging providers, including LINE and the Signal Foundation, regarding the potential establishment of servers in Taiwan.
    2023/11/29 16:09
  • NDC notes Taiwan’s breakthroughs in green energy transition

    The Taiwanese government is taking preemptive measures to achieve its goal of net-zero emissions by 2050. Premier Chen Chien-jen highlights the importance of a talented workforce and enhanced research in guiding industries towards a green energy transition. The government is also focused on strengthening strategies and providing better services for domestic industries. The National Development Council is actively removing obstacles to land acquisition for overseas businesses returning to Taiwan. The Ministry of Economic Affairs has proposed a plan to increase water supply capacity and promote the use of reclaimed and desalinated water. Additionally, the MOEA is investing in renewable energy infrastructure, particularly in solar and offshore wind power, with the aim of establishing high-performance offshore wind ports.
    2023/11/16 21:21
  • NDC Minister addresses inauguration of Talent Taiwan

    The National Development Council (NDC) Minister, Kung Ming-hsin, spoke at the inauguration press event for Talent Taiwan, emphasizing its commitment to attracting global talent and addressing issues related to living and education in Taiwan. The center aims to provide one-stop services and will launch an exclusive website by the end of the year. The NDC is actively working to strengthen international talent recruitment to meet industry demands in the post-pandemic era. The NDC’s workforce goals include attracting 400,000 foreign workers by 2030 to position Taiwan as a key global economic powerhouse. In collaboration with the Ministry of Education (EDU), Talent Taiwan plans to attract overseas students for long-term stays, making Taiwan a top destination for studying and career pursuits.
    2023/11/02 21:06
  • Economic minister debunks rumors of TSMC share sale

    The Minister of Economic Affairs, Wang Mei-hua, has refuted online rumors that the government plans to sell shares of Taiwan Semiconductor Manufacturing Co. (TSMC). In fact, the government has been increasing its stake in TSMC, with the National Development Fund of the Executive Yuan owning major shares. The National Development Council (NDC) has also clarified the situation. Minister Wang emphasized the importance of TSMC in Taiwan’s economic development and the government’s continuous support for the tech giant.
    2023/10/31 15:40
  • TSMC ready to establish factory in Germany: NDC head

    Taiwan’s National Development Council Minister Kung Ming-Hsin highlights TSMC’s readiness to establish a factory in Germany after the recent approval of its plans by the Investment Commission of the Ministry of Economic Affairs.
    2023/10/27 16:00
  • Taiwan aims to attract 400K international talent by 2030

    The National Development Council (NDC) has announced measures to attract 400,000 international professionals by 2030 in order to address a projected labor force shortage of 400,000 by 2030. The NDC plans to establish the ’Talent Taiwan Program’ center in November to provide services and recruitment advice for international talents.
    2023/10/24 08:04
  • Declining birth rate impacts kid’s clothing stores revenue

    Children’s clothing brands in Taiwan are going out of business as the island’s birth rate has dropped in recent years.
    2022/11/08 06:12
  • 救地球!COP26會議在蘇格蘭舉行 葉欣誠:檢視「碳排承諾」的重要會議

    全球氣候變遷越來越嚴重,各地接連發生不曾遇過的天災,而11月1日在蘇格蘭將舉辦一場非常重要的COP26會議,預計有兩百位全球領袖參加,面臨現今嚴峻的氣候,到時各國領袖必會有激烈討論。臺灣師範大學環境教育研究所教授葉欣誠今(18日)於《FOCUS午間新聞》中,接受主持人詹舒涵線上訪問表示,「COP26會議非常重要,是聯合國氣候變化綱要公約第26次的締約國會議,距離2015年的巴黎協定,各國所提出的承諾自2016年生效後已經過了5年,如今各國需要重整現在達成的狀況,並在會議上提出新的NDC,即所謂的『國家認為自己可以減碳的貢獻量』,再由各國加總後檢視是否在升溫不要超過1.5~2度c內,此外,先前富有國家承諾每年提供1000億氣候基金也沒有兌現,到時會議中,『減碳』和『資金』將會成為重要檢討項目。」 葉欣誠補充「這次的會議和2015年的巴黎協定比較不同的是,過去一年已經有不少碳排放大國宣布要執行『碳中和』、『淨零碳排』,所以不用擔心COP26會議沒有結論,而這次主要的挑戰是,各國提出來繳交的目標是否達成,若和原本承諾的目標有落差,勢必將會進行激烈的辯論。」
    2021/10/18 16:24
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