Taiwanese investment 結果共27筆

Chen Mu-min, the Deputy Representative to India, highlights the strengthening of Taiwan-India relations through increased cooperation in trade, investment, education, and technology. He emphasizes India’s growing political influence as beneficial for Taiwan’s international engagement and notes the expansion of Taiwan Education Centers in India, alongside a rise in Indian students and researchers visiting Taiwan. The reorganization of the global supply chain is seen as a driving force behind Taiwanese manufacturers moving to India, promising a boost in trade volume between the two nations.

Vice President Lai Ching-te, along with officials and Heineken Taiwan’s Managing Director Wu Chien-fu, launched a NT$13.5 billion investment in Pingtung for a net-zero carbon beer factory aimed at the East Asian market, marking Heineken’s deep-rooted expansion in Taiwan.

Google opens its second hardware R&D building in Banqiao, New Taipei City, establishing Taiwan as its largest hardware research base outside the U.S. The facility features over 50 labs and aims to foster hardware and AI innovations with global tech talent. The event was attended by prominent Taiwanese and American officials, highlighting Taiwan’s growing tech industry and Google’s commitment to investing in the region despite geopolitical concerns.

Explore the latest in electric vehicles and in-car entertainment at the Taipei AMPA, Autotronics Taipei, and 2035 E-Mobility Taiwan, featuring industry leader JET Opto.

President Tsai Ing-wen highlights the success of Taiwan’s investment incentives projects, which have attracted over NT$2.17 trillion in investments and created over 140,000 jobs. Speaking at a Lunar New Year event, Tsai emphasizes the importance of Taiwanese businesses in driving economic development and emphasizes Taiwan’s global reach and reliability as an international partner. She also discusses Taiwan’s efforts to improve infrastructure and expand external relations, including trade cooperation with the U.S. and U.K. Tsai calls for the preservation of the peaceful and stable status quo in the Taiwan Strait and expresses a commitment to upholding democracy and seeking cross-strait dialogues. The event was attended by government officials and over 300 Taiwanese businessmen living and working in China.

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.

President Tsai Ing-wen highlights Taiwan’s growing global relevance and indispensability, as she reflects on the substantial changes during her seven-year presidency. Taiwan’s GDP has risen from NT＄17.5 trillion to an impressive NT＄23 trillion under her administration, thanks to initiatives aimed at investment and infrastructure development. Advanced semiconductor chip production has thrived, contributing to Taiwan’s economic stability and rapid advancement, surpassing the progress of the Four Asian Tigers. Tsai attributes this success to the unity and resilience of the Taiwanese people. She hopes that her administration’s efforts will have a lasting impact, sustaining Taiwan’s forward momentum for future leaders.

President Tsai Ing-wen asserts that Taiwan is globally significant economically and does not rely on China as a conduit to the world. Tsai emphasizes the importance of Taichung in the upcoming elections, stating that over 50 percent of presidential and vice presidential votes will come from the city. She acknowledges that inadequate infrastructure has hindered economic growth during her presidency, leading to an investment of NT＄4 trillion in public infrastructure. Tsai also highlights her significant investments in social welfare, including elderly care aids, subsidies for children, and income tax exemptions for 47 percent of the Taiwanese population. She urges support for Democratic Progressive Party (DPP) presidential candidate Lai Ching-te in the 2024 election to continue her approach of incorporating economics, defense, and democracy to protect Taiwan.

Taiwan’s investment in China has reached its lowest point in a decade, making up just over 10% of the island’s total overseas direct investment, according to a report by Nikkei Asia. Recent official data from Taiwan reveals that foreign direct investments surged by 87% to reach $257 billion through November this year. However, investments in China plummeted by 34% to only $29 billion, representing a mere 12% of the total. Since 2010, Taiwanese investments in China have been steadily declining and are projected to drop below the lowest point recorded since 1999. In contrast, investments in the United States have increased ninefold to $96 billion, accounting for around 37% of the total outbound direct investment. Additionally, Taiwan’s direct investment in Germany has soared 25-fold to $39 billion, largely driven by the operations of Taiwan Semiconductor Manufacturing Company. Sun Ming-te, Director of the Business Development and Research Center at the Taiwan Institute of Economic Research (TIER), predicts that if tensions between the United States and China persist, Taiwan’s investment in China will continue to decline.

Taiwan’s health ministry has announced the establishment of the Center for Health Policy and Technology Assessment (CHPTA) with an investment of nearly NT＄200 million from the National Health Insurance Administration (NHIA). The CHPTA aims to expedite the review process for newly insured drugs by implementing parallel reviews. Starting from New Year’s Day in 2024, the new system is expected to significantly shorten the time required for reviewing newly insured drugs from an average of 13 months to 6 months. Health Minister Hsueh Jui-yuan emphasized that national health insurance plays a stabilizing role in Taiwanese society and disapproved of major amendments, ruling out the possibility of a ＂third generation health insurance.＂ He also expressed the belief that drug pricing policies under the health insurance system need reform, making the launch of CHPTA a significant reform effort.

China’s Taiwan Affairs Office (TAO) spokesperson, Zhu Fenglian, announced that the General Administration of Customs of the People’s Republic of China will resume imports of Taiwan groupers from certified and registered fish farms. This comes after China halted imports of the fish on June 13, 2022, due to the detection of banned substances. Zhu praised the Taiwanese grouper industry for taking effective measures to improve the safety of groupers during this period. She specifically highlighted the guidance provided by Su Ching-chuan, the policy committee vice chair of the Kuomintang (KMT), and Huang Yi-cheng, head of the Taiwan Cross-Strait Agricultural and Fishery Exchange Development Investment Association. The TAO emphasized that as long as Taiwan adheres to the 1992 Consensus and opposes independence, mainland China and Taiwan will be considered one family.

Taiwan’s investments in New Southbound countries in the first 11 months of 2023 have surpassed investments in Mainland China, according to the Ministry of Economic Affairs (MOEA). Investments in the New Southbound countries reached US＄5.13 billion, a 7.26% year-on-year increase, outstripping investments in Mainland China, which stood at US＄2.96 billion. This trend is driven by the supply chain diversification, accelerated by the U.S.-China trade war and major manufacturers’ strategies to decentralize operations. Investments in New Southbound countries now account for around 20% of Taiwan’s total overseas investments, whereas China accounts for approximately 11.5%. From January to November 2023, there were 2,102 approved cases of overseas-focused investments by Taiwanese and foreign entities, a decrease of 8.89% compared to last year. The amount invested reached about US＄10.8 billion (approximately NT＄323.7 billion), the second-highest for the period in the last 15 years but still representing a 13.04% decline from the previous year. Investments from New Southbound countries into Taiwan saw 609 approved cases within the same timeframe, an annual increase of 41.30%. The investment totaled approximately US＄2.5 billion (about NT＄75.7 billion), up 25.20% from the previous year, with the most significant inflows originating from Singapore, Thailand, and Malaysia. On a broader scale, the 504 approved cases of outbound investments from Taiwan marked a 2.44% annual increase, surging by 145.61% financially to roughly US＄22.8 billion (approximately NT＄684.4 billion). Investments in New Southbound countries revealed 195 approved cases, rising by 35.42% year-on-year, totaling around US＄5.1 billion (approximately NT＄ 154.1 billion) and constituting 20% of Taiwan’s total foreign investments. Singapore, Vietnam, and Thailand were the leading recipients. Conversely, approved investments in Mainland China amounted to 305 cases, down by 7.58%, with the approved investment sum decreasing by 33.91% to approximately US＄2.96 billion (about NT＄88.9 billion). Mainland Chinese investments in Taiwan experienced a 45.45% decline in approved cases to 24, with the investment figure falling 21.65% to about US＄27.4 million (approximately NT＄821.6 million).

The newly appointed Chairperson of the New Media Entertainment Association (NMEA), Daphne Lee, emphasizes the importance of funding, talent, and global integration for Taiwan’s content industry to succeed. At the 2023 Asiahub New Media Summit in Taipei, Lee highlights the need for cross-sector collaboration and industry chain integration in the AI era. The summit features six main themes, 19 keynote speeches, panel discussions, and 7 workshops with 60 speakers. Participants, such as LINE Taiwan Managing Director Roger Chen, discuss Taiwan’s soft power, industry upgrade, transformation, and global outreach. Videoland Television Network Chairman Lee Chung-pei suggests creating quality content to ensure profitability and establish funding recovery mechanisms. Lin Chien-han, Chairman of Taiwan Secom, shares the company’s dual strategy of investment and production, moving from DVD rental services to investing in Taiwanese films. Lin also discusses how Taiwanese creative content is breaking into the international market by integrating local culture and socio-political issues, citing successful films like ＂The Candidate＂ and ＂The Bridge Curse.＂

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.

The Financial Supervisory Commission (FSC) Chairman, Huang Tien-mu, addressed questions from Kuomintang Legislator Lin Te-fu about Taiwan’s stock market. Huang emphasized the significant role of domestic funds and corporations in driving market momentum, despite the heavy presence of foreign capital. While foreign capital makes up around 40% of the market value, it accounts for only 30% of regular stock volume. Huang stated that this indicates the considerable impact of internal funds and corporations on the market. Huang also highlighted a record inflow of foreign investment in November 2022, with overseas investors injecting over NTD $350 billion into the Taiwanese market. He attributed this surge in foreign investment to cooling inflation rates in the United States and a retreat from the highs of U.S. national debt yields. Huang argued that confidence in Taiwan’s robust economic fundamentals and attractive yield rates has led to increased foreign investment trust in Taiwan’s stocks. He further emphasized that the sustained influx of ’hot money’ into Taiwan indicates substantial interest from both foreign and local investors. This interaction underscores the FSC’s recognition of diverse investment sources in strengthening the Taiwanese stock market and suggests a cautiously optimistic outlook for continued investment in the island’s economic landscape.

Taiwan Semiconductor Manufacturing Company (TSMC) may face obstacles in establishing a factory in Germany due to a shift in German subsidies. Minister of Economic Affairs Wang Mei-hua has confirmed that the German government is actively addressing the budget issues involved. The recent ruling by Germany’s Federal Constitutional Court, which deemed the diversion of pandemic funds for the ＂Climate and Transformation Fund＂ unconstitutional, has raised concerns about the fulfillment of financial promises to TSMC and other tech giants like Intel Corporation. If Germany decreases its subsidies, TSMC may need to renegotiate or even abandon its plans for the factory. The Taiwanese government is closely monitoring the situation and is prepared to provide support if necessary. This investment dispute has significant implications for the global supply chains and the semiconductor industry, as TSMC’s advanced semiconductors are in high demand worldwide.

SinoPac Securities Investment Service (SinoPac Inv. Service) has released a report on the Taiwanese stock market, highlighting its impressive growth streak. Taiwan stocks have surged over 44% since 2020 through the end of November, outpacing South Korea’s market and even surpassing the US S&P 500’s gain. The report suggests that Taiwan stocks are poised to set a new high for the year, as the index has successfully breached the critical threshold of 16,800 points. SinoPac Inv. Service also points out that political performance and a thriving stock market are often seen as indicators of the incumbent’s record, with the stock market tending to show an upward trend before the presidential elections. Given the current momentum and what is described as a ＂multi-bottom pattern,＂ investment strategists at SinoPac are suggesting a ＂bullish-bias＂ investment approach. As investors closely monitor economic indicators before making their predictions on the election’s impact, Taiwan’s stock market enters the end-of-year season with robust investor optimism.

Taiwan’s 2023 GDP growth forecast has been lowered to 1.42%, the lowest in 14 years, due to weaker exports and private investment. Year-end bonuses for Taiwanese workers have also been affected, with the average amount shrinking to 1.08 months’ worth of salary, hitting a 10-year low. The financial industry leads in bonus payouts with an average of 1.83 months’ salary, followed by the semiconductor industry at 1.38 months. The healthcare services industry averages just 0.97 months of salary, while the accommodations and food services sector lags further behind at only 0.59 months. Despite the downward revision, the DGBAS remains optimistic for 2024, forecasting a GDP growth rate rebound to 3.35%. However, challenges such as the Ukraine-Russia war, the Israel-Palestine conflict, and ongoing inflation may pose risks to the global economy. Looking ahead to 2024, local job banks predict pay increases in 47.5% of companies, with an average salary hike of 3.2%, slightly lower than in 2023. Experts caution that Taiwan’s economic recovery may not be as swift as hoped.

Taiwan’s foreign investment landscape has undergone a significant shift, with investments in Southeast Asia surpassing those in mainland China for the first time in 30 years. From January to October this year, Taiwan invested US＄4.96 billion in Southeast Asia compared to US＄2.63 billion in China. The total number of approved foreign investments during the same period decreased by 8.18%, totaling 1,864 investments. The total investment amount was US＄8.39 billion, marking a 27.35% decrease compared to the previous year. Jiangsu Province emerged as the main beneficiary of Taiwan’s investments in mainland China this year. The changes in Taiwanese investment behavior can be attributed to shifts in global supply chains caused by the COVID-19 pandemic and the China-U.S. trade war. Notably, Taiwan Semiconductor Manufacturing Company (TSMC), Foxconn, and Yang Ming Marine Transport Corporation played a significant role in foreign investment, with TSMC investing US＄8 billion in U.S. companies and €3.5 billion in German firms, while Foxconn and Yang Ming Marine each injected US＄800 million into Singaporean businesses. This year marks the first time in three decades that investment in Southeast Asia has exceeded that in mainland China.

The Taiwanese government plans to allocate at least NT＄20 billion next year to raise the salaries of healthcare workers in response to recent protests by medical professionals. Premier Chen Chien-jen advocates for increased respect, appreciation, and compensation for frontline staff, stating that a health insurance system should not be built on the ＂sweat and tears＂ of healthcare professionals. Discussions are underway with President Tsai Ing-wen, National Health Insurance Administration Director-General Shih Chung-liang, and Health Minister Hsueh Jui-yuan on methods to enhance salaries through health insurance and public budget funds. The financial assistance will be directed at healthcare personnel excluding doctors, with specific details of the plan still under discussion. The Ministry of Health and Welfare has highlighted the global shortage of healthcare workers as a significant concern, and with COVID-19 still a threat, the government aims to increase healthcare investment and address the welfare of those on the medical frontline.

Taiwan Semiconductor Manufacturing Company (TSMC) has received approval from the Ministry of Economic Affairs to establish a fabrication facility in Germany. At the CDKWV 90th Anniversary International Conference, optimism abounded as experts discussed the potential of this 3.5 billion-euro investment. Dr. Jörg Polster, Director General of the German Institute Taipei, highlighted the compatibility of cultures, while Stan Shih, Acer’s co-founder, raised concerns about cultural differences. The partnership is expected to deepen as German investments in Taiwan reach record levels.

The Taipei Economic and Cultural Office in Australia has alerted Australian law enforcement agencies to help apprehend a Taiwanese con artist. The fraudster, identified as a woman named Yang, has defrauded several Taiwanese citizens of approximately NT$20 million. Yang, who is on the wanted list, fled from Singapore to Australia and has been hiding in various states. She has used multiple aliases and previously targeted Taiwanese holiday workers in Australian meat processing factories, promising to help them obtain Permanent Residencies through ＂visa laundering.＂ Recently, she has posed as an immigration consultant in LINE group chats and defrauded Taiwanese individuals through investment migration schemes. Authorities are urging the public to use legal immigration channels and remain vigilant against this wanted scam artist.

Beijing’s new plan aims to foster closer integration between Taiwan and the Fujian province by promoting residency applications for Taiwanese, easing business sector restrictions, and encouraging property investment. Learn about the latest developments in Taiwan-Fujian relations.