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    Taiwan’s economic development 結果共49筆

  • Taiwanese students excel in civic knowledge, OECD finds

    Taiwan’s Ministry of Education’s ’108 curriculum’ has brought about new educational outcomes, as noted by Premier Chen Chien-jen. The 2022 International Civic and Citizenship Education Study (ICCS 2022) by the International Association for the Evaluation of Educational Achievement (IEA) reveals that Taiwanese students have achieved top global rankings in civic knowledge, gender equality, and ethnic group equality. The government’s efforts to strengthen education through the new curriculum have also been recognized by the Organisation for Economic Co-operation and Development (OECD). Among 81 countries assessed, Taiwanese students ranked third in mathematics literacy, fourth in science, and fifth in reading. Premier Chen emphasized that these achievements highlight Taiwan’s exceptional students and demonstrate the nation’s commitment to investing in education. The OECD evaluation further solidifies Taiwan’s position on the world stage for educational accomplishments, showcasing the effectiveness of its educational policies and curriculum advancements. Premier Chen expressed confidence in Taiwan’s youth and the government’s education approach, stating that these high rankings represent a valuable investment in the future generations of Taiwan.
    2023/12/18 21:21
  • Taiwan’s NYMCU joins forces with ACC for climate club

    National Yang Ming Chiao Tung University (NYMCU) has partnered with the American Climate Club (ACC) to establish the American Taiwan Climate Club. This collaboration aims to contribute to the global net-zero carbon emissions target by 2050. The two institutions have signed a memorandum of understanding (MOU) to develop international carbon standards and propose a white paper on environmental, social, and governance (ESG) policies. NYMCU is committed to raising global citizens with sustainability awareness and plans to integrate the 17 Sustainable Development Goals into its academics and research. The partnership also has the potential to pave the way for Taiwan’s engagement in international carbon trading and promote green economic growth. The American Climate Club, registered in Texas, collaborates with government agencies, carbon reduction technology firms, carbon quality monitoring, carbon asset services, and climate and carbon finance funds. The newly formed American Taiwan Climate Club will focus on climate education, international cooperation, carbon project investment, carbon advisory services, and policy research to strengthen climate protection efforts.
    2023/12/12 19:47
  • Kaohsiung, Japan deepen bond in trade, education, tourism

    Chairman Mitsuo Ohashi of the Japan-Taiwan Exchange Association visited the Kaohsiung City government to discuss enhancing industry, education, and tourism cooperation exchanges with Mayor Chen Chi-Mai. Ohashi emphasized the significance of Kaohsiung in Japan’s relations with Taiwan. Mayor Chen expressed enthusiasm for deeper interactions between Taiwan and Japan, highlighting the crucial role of Taiwan’s semiconductor industry in global supply chain security. He cited the collaboration between Taiwan Semiconductor Manufacturing Co. (TSMC) in Kaohsiung and Kumamoto, Japan, as an example of potential economic cooperation. Chen described the Taiwan-Japan relationship as a deepening bond, referencing their long-standing friendship and mutual support during crises. Ohashi, who visited Kaohsiung 40 years ago and has maintained connections with past Mayor Chen Chu and Taiwan’s representative to Japan, Frank Hsieh, expressed admiration for Kaohsiung’s recent development. He believes that Japan-Kaohsiung cooperation should extend to the private enterprise level and is hopeful for the future of Japanese-Taiwanese relations. Ohashi frequently speaks at the annual National Day reception at the Taiwan Economic and Cultural Representative Office in Japan, advocating for promoting friendly Japan-Taiwan relations as an example for the international community.
    2023/12/12 17:58
  • Hou Yu-ih pledges free after-school care for Taiwan’s youth

    Kuomintang (KMT) presidential candidate Hou Yu-ih has announced an extension of childcare policies, promising free after-school care services for elementary students aged 6 to 12. This initiative aims to double the current capacity of after-school care in public elementary schools from 180,000 to 360,000 children, with a focus on providing specialized care to children in rural areas and from disadvantaged backgrounds. Hou’s plan includes establishing after-school programs in public elementary schools to meet 100% of the demand, increasing student coverage from 15% to 30% and meeting the standard set by the Organization for Economic Co-operation and Development (OECD). The policy, guided by the "Three Safeties" principle, aims to ensure parental peace of mind, child safety, and stability for the disadvantaged. Extended care until 7 p.m. will be available during the school term and vacations. Additionally, the initiative seeks to expand private-sector participation in after-school care services by creating a matching platform to add over 20,000 new classes and increasing the proportion of outsourced after-school care to over 20%. The anticipated benefits of this policy include providing services to approximately 300,000 families, including 80,000 disadvantaged families, creating around 30,000 job opportunities, and strengthening the service capacity of private institutions.
    2023/12/12 13:56
  • Alexander Yui assumes role as Taiwan’s envoy to U.S.

    Alexander Yui, Taiwan’s new representative to the United States, arrived in Washington D.C. on Monday (Dec. 11), to assume his post. Ingrid Larson, the managing director of the American Institute in Taiwan (AIT), welcomed him at the airport. Yui’s arrival follows the resignation of former representative Hsiao Bi-khim on Nov. 20. Yui, who had recently become the top envoy to the EU and Belgium, was chosen to replace Hsiao. Yui emphasized security, economic and trade cooperation, and Taiwan’s international space as the key aspects of Taiwan-U.S. relations. He highlighted the need to safeguard Taiwan’s upcoming election from external influences. Yui committed to deepening Taiwan-U.S. relations by building on Hsiao’s work and collaborating with his embassy team. Laura Rosenberger, chair of AIT, expressed confidence in Yui’s experience and anticipated further development and strengthening of the bilateral partnership.
    2023/12/12 13:27
  • Taiwan may benefit from Indonesia’s visa-free entry plan

    Taiwan is among the potential beneficiaries of Indonesia’s contemplation to offer visa-free entry for tourists from 20 major source countries, following the example set by Thailand. Indonesian Minister of Tourism and Creative Economy, Sandiaga Uno, disclosed in an interview that the government is discussing the launch of a visa exemption policy to attract more tourists and boost local economic development. Currently, travelers, including short-term tourists, need to secure a visa to visit Indonesia, including the option of Visa on Arrival (VOA) at designated entry points. Taiwanese passport holders can apply for VOA at 15 airports across Indonesia, such as Jakarta, Surabaya, Medan, and Bali, allowing them to stay up to 30 days with a one-time extension option. Given Taiwan’s place within the top 20 sources of foreign tourists to Indonesia, there is a significant chance that it will be included in the visa exemption program. This move could simplify travel for Taiwanese citizens and deepen tourism-based interactions between the two nations.
    2023/12/09 17:09
  • Premier Chen uges green shift in Taiwan’s building sector

    Premier Chen Chien-jen of Taiwan’s Executive Yuan emphasized the critical role of building materials in the country’s transition towards a net-zero future. Speaking at the opening ceremony of the TaiPei Building Show, Premier Chen highlighted the event’s significance in boosting the international visibility of Taiwan’s building materials industry. This emphasis aligns with the National Development Council’s announcement of Taiwan’s 2050 net-zero emissions pathway, which outlines a strategy encompassing energy, industry lifestyle, and society. Premier Chen stressed the importance of developing industrially competitive, sustainable, and resilient business processes that could reduce emissions and promote circular usage. With Taiwan working towards meeting its climate commitments, the Premier expressed optimism about the collective industry effort to drive a green transition and support the country’s economic expansion.
    2023/12/07 20:54
  • 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 pledges US$2M to Pacific fisheries foundation

    Taiwan’s Ministry of Foreign Affairs (MOFA) has pledged an additional $2 million over the next five years to support the Western & Central Pacific Fisheries Commission (WCPFC). The donation aims to enhance the fisheries capabilities of Small Island Developing States (SIDS), including Taiwan’s Pacific allies. MOFA has already contributed $2 million since 2017 to establish a foundation that promotes sustainable fishery practices and economic development in these communities. The Western & Central Pacific Fisheries Commission is currently holding its annual session in the Cook Islands.
    2023/12/07 16:33
  • Kaohsiung Mayor Chen Chi-mai stresses election stability

    Kaohsiung Mayor Chen Chi-mai expresses confidence in the stability of the legislative and presidential election outlook for Kaohsiung, as it aligns with initial expectations. He emphasizes the need for cooperation between central and local governments and the legislature to promote infrastructure and urban economic development in the southern industrial city. Chen calls on candidates to build trust among voters by presenting positive visions and policies, particularly focusing on providing opportunities for newcomers to engage with the public. Democratic Progressive Party candidates are expected to propose policies for Kaohsiung’s development and Taiwan’s stability to gain public support. Chen highlights the importance of humility and self-reflection for political parties, urging them to acknowledge shortcomings and continue their efforts in areas of success.
    2023/12/07 16:27
  • Taiwan eyes future in nuclear tech, open to reactors

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, has announced that Taiwan will closely monitor the development of new nuclear technologies, such as small modular reactors and fusion power, and remain open to their adoption. Premier Chen Chien-jen has highlighted that addressing the challenges surrounding nuclear waste from fusion technology could significantly increase societal support for the technology. This declaration comes as over 20 countries, including the United States and Japan, proposed at the 28th meeting of the Conference of the Parties (COP) to the United Nations Framework Convention on Climate Change (COP28) to triple global nuclear power capacity by 2050. Additionally, nearly 120 countries committed to tripling renewable energy generation internationally within the next seven years. At COP28, 22 countries advocated for nuclear energy, focusing on small modular reactors and nuclear fusion technology, as well as securing international financial support for their development. These discussions at COP28 reflect a growing interest in diverse and innovative approaches to addressing climate change and powering the future.
    2023/12/06 14:56
  • DPP questions KMT’s stance on Chinese workers in Taiwan

    The campaign spokesperson for Democratic Progressive Party’s (DPP) presidential candidate Lai Ching-te, Chen Shih-kai, has called on Kuomintang (KMT) presidential candidate Hou Yu-ih to clarify his stance on allowing Chinese workers into Taiwan. Chen expressed concerns about the impact on the employment of Taiwan’s youth and requested an outline of supporting measures. This request for clarification follows Hou’s proposal to promote increased cross-strait exchanges, including opening up to Chinese tourists and students. Chen criticized Hou’s policy, suggesting it aimed to help alleviate China’s youth unemployment problems. He highlighted Taiwan’s strong economic abilities, contrasting it with Hong Kong’s declining stock market due to Chinese government control. Chen also criticized China’s lack of transparency regarding its economic downturn and high unemployment rate. He emphasized the importance of Taiwan’s economic development and integration with the global community, stating that the future direction of Taiwan depends on its leadership. These remarks reflect the DPP’s stance on maintaining a strong local economy and labor market while considering broader cross-strait policies and potential socioeconomic impacts.
    2023/11/29 21:06
  • CNFI to host economic forum with presidential hopefuls

    The Chinese National Federation of Industries (CNFI) will host the "2023 Taiwan Economic Development Forum — Dialogue with Future National Leaders" on Nov. 27, 29-30. The forum aims to address critical issues for Taiwan’s economic development, including industrial development, energy, environmental protection, labor force, taxation, international trade, cross-strait economic relations, long-term care, and social insurance. Key candidates for the upcoming presidential election, including Taiwan People’s Party (TPP) Chairman Ko Wen-je, Kuomintang (KMT) New Taipei Mayor Hou Yu-ih, and Democratic Progressive Party (DPP) presidential candidate Lai Ching-te, will present their policies and participate in discussions. The forum will be presided over by CNFI Chairman Matthew F.C. Miau, Chinese National Association of Industry and Commerce (CNAIC) Chairman Thomas Wu, and General Chamber of Commerce of the Republic of China (ROCCOC) Chairman Paul Hsu. The event will take place at the Taipei International Convention Center (TICC).
    2023/11/24 18:10
  • President Tsai thanks Morris Chang for attending APEC

    President Tsai Ing-wen expresses gratitude to Taiwan’s APEC delegation led by Morris Chang for conveying her four critical messages to all APEC member participants. Tsai emphasizes the government’s commitment to adjusting Taiwan’s industrial structure and leveraging its advantages for regional development. She thanks Chang for attending the economic and trade cooperation forum, enabling Taiwan to play a vital role internationally. Tsai highlights Chang’s conversations with foreign dignitaries, including U.S. Vice President Kamala Harris, Secretary of State Anthony Blinken, and Japanese Prime Minister Fumio Kishida, which will strengthen future bilateral cooperation. Chang reports that this year’s APEC economic leaders’ meeting covered technology-related topics and expresses gratitude for the opportunity to represent Taiwan at the conference.
    2023/11/22 19:46
  • Trump threatens to revoke Biden’s IPEF framework if elected

    Former U.S. President Donald Trump has stated that he would revoke current President Joe Biden’s Indo-Pacific Economic Framework (IPEF) if he wins the 2024 presidential election. Trump argues that the IPEF could negatively impact the American manufacturing industry and lead to increased unemployment rates. The U.S. previously withdrew from the Trans-Pacific Partnership (TPP) due to similar concerns. Negotiations for Biden’s IPEF began in September 2022, with a focus on major southern powers like India and Indonesia, aiming to promote economic cooperation and exclude China. The IPEF includes countries such as Australia, Singapore, Japan, and 10 other Indo-Pacific nations, constituting about 40% of the global GDP. It emphasizes fair and resilient trade, supply chain resilience, and clean energy. Taiwan’s chief trade negotiator expressed the country’s interest in monitoring the IPEF’s development and presenting a proposal for Taiwan’s inclusion at the appropriate time. President Tsai Ing-wen has also expressed Taiwan’s desire to join the IPEF, believing it would create more business opportunities for Taiwanese and U.S. companies.
    2023/11/20 12:11
  • Ministry of Labor to introduce Indian migrant workers

    Taiwan’s Ministry of Labor (MOL) plans to introduce Indian migrant workers to address labor shortages. The initiative will adhere to domestic regulations and is not an immediate importation of 100,000 workers. The MOL will negotiate a Memorandum of Understanding (MOU) on labor service cooperation with India to ensure quality workers without disrupting social stability. Several countries have had positive experiences importing Indian labor, and currently, around 2,700 Indian laborers work in Taiwan. Taiwan’s economic and trade relationships with India are strong, making labor cooperation a priority. After signing the MOU, discussions on industrial quotas will occur. The MOL will rigorously assess qualification criteria such as language skills, professional abilities, educational background, and good behavior. The aim is for the introduction of migrant workers to contribute positively to Taiwan’s economic and societal development.
    2023/11/19 16:37
  • 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
  • Taiwan in talks with Estonia to establish Rep. office

    Taiwan’s Ministry of Foreign Affairs (MOFA) has confirmed ongoing discussions for the establishment of a representative office in Estonia. While the move is significant for strengthening ties between the two nations, a shared consensus has not yet been reached. MOFA expressed gratitude towards the Estonian Government for engaging in continued negotiations and displaying an open approach. They emphasized the shared values of freedom and democracy that unite Taiwan and Estonia. Estonia’s government has reportedly agreed to allow Taiwan to establish an economic or cultural representative office in Tallinn under the name ’Taipei.’ MOFA stated that they will respond to foreign media reports of Taiwan’s Foreign Minister visiting Estonia at an appropriate time. The ministry highlighted the stable development of the bilateral relationship, citing the Estonian health minister’s support for Taiwan at this year’s World Health Assembly. Estonia is seen as a valued partner with common principles, highlighting the potential for deepening ties in future diplomatic endeavors.
    2023/11/04 12:33
  • Minister confirms Taiwan’s commitment to TSMC amid rumors

    Economic Affairs Minister Wang Mei-hua refutes rumors of the government selling its stake in TSMC, reaffirming strong support for Taiwanese companies and the nation’s commitment to TSMC’s continued success.
    2023/10/31 17:43
  • 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
  • MOEA expresses concern about maintaining 2% GDP growth

    Taiwan’s Minister of Economic Affairs, Wang Mei-hua, expressed concerns about maintaining a 2% GDP growth rate this year despite signs of economic recovery. She cited external factors such as inflation, the Russia-Ukrainian war, and the Israeli-Palestinian conflict as global market influences. However, Wang emphasized that Taiwan’s innovation and efficiency are key advantages that can withstand external economic pressures. The National Development Council also reported a slight improvement in economic measures, indicating subtle growth amidst global adversity. Despite challenges, Taiwanese authorities and stakeholders remain cautiously optimistic and ready to leverage the nation’s inherent strengths.
    2023/10/30 14:38
  • MOEA refutes Ko’s criticism of government’s energy policy

    Taiwan’s Ministry of Economic Affairs (MOEA) refutes Taiwan People’s Party (TPP) presidential candidate Ko Wen-je’s critique of the government’s photovoltaic policy. Ko had visited Tainan earlier in the day, criticizing the Democratic Progressive Party (DPP) for prioritizing anti-nuclear sentiments over responsible photovoltaic energy development.
    2023/10/29 13:21
  • KMT candidate Hou promises to protect Taiwan’s security

    Kuomintang (KMT) presidential candidate Hou Yu-ih emphasized his dedication to protecting Taiwan’s homeland and national security at a campaign event in Tainan City. He addressed unresolved cross-strait issues, such as the United States listing Taiwan as a military aid country and the increasing number of Chinese military aircraft entering Taiwan’s air defense identification zone. Hou affirmed that national security is his top priority and that he has committed his life’s work to safeguarding Taiwan, promising not to betray the island nation. He believes Taiwan is at a critical juncture, choosing between war and peace, and stressed the importance of maintaining social order, avoiding collusion between government officials and businesses, and prioritizing economic development.
    2023/10/28 16:37
  • 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
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