KUWAIT: Commissioned by the Ministry of Economic Affairs, the Taiwan External Trade Development council (TAITRA) is leading a trade delegation of 26 well-established Taiwanese suppliers representing various industries who are in Kuwait until November 2, 2015. The purpose of this visit is to facilitate business cooperation between the 26 Taiwanese delegates and their counterparts in Kuwait.
This upcoming trip also aims at furthering trade relations between Taiwan and Kuwait. Reaching the trade exchange between the two countries to 8.6 billion US dollars, and import Kuwait from Taiwan arrived in the first quarter of last year’s to $230 million, while increased in the first quarter of this year by 32%.
Having made great strides in strengthening its major industries, Taiwan is now considered a technologically advanced manufacturing powerhouse. The nation is home to key manufacturers and suppliers of various products, including IT components, industrial machinery, steel products, medical devices, healthcare products, auto parts and equipment and house wares.
For this event, TAITRA has arranged a series of trade meetings in Kuwait to give the local buyers and small medium enterprises valuable platform to discuss business with the participating Taiwanese companies and corporate with them to exchange experience to developing. Taiwanese suppliers will bring the latest products’ information as well as the most innovative samples with them, including a variety of baby related products, hardware and building materials, machinery, steel and tinplate, swage pumps, seafood, Information service, etc.
TAITRA by its permanent office in Kuwait (Taiwan Trade Center, Kuwait) which located in the second tower of Mazaya in sharq, ninth floor, it arranged full day trade meeting yesterday at Sheraton Hotel, Al-Dana Ballroom.
The range of products to be presented is as follows:
IT, Electronic and Communication: Communication Encryption, Data Encryption, Digital signage players, Digital signage servers, managing software, barcode scanner.
Automotive Accessories, Industrial products, Machinery and Equipment: Safety Belt Tonsure, Washer, Cable Assy, Stamping part, Rubber Conveyor Belt, Rubber sheet, Centralized Lubrication Systems with Peripherals and Accessories, Industrial AC/DC fan, Axial/ Centrifugal Fan, 3D Printing Machine.
Health Care and Medical Products: skin care, body care hair care, sunscreen, spa, makeup, dental floss pick, interdental brush, bottle cleaning brush, wet wipes, cotton buds, fitness equipment, measuring tools.
Building materials and products, Display, Fastener, Industrial and petro chemical hardware: Safety Valve, Pressure Reducing Valve, Control Valve, Solenoid Valve, Electric/ Pneumatic/ Hydraulic Actuator, Electric/ Pneumatic Actuator. Sliding door parts, Folding door parts, shop fittings, commercial display products, support hardware, hinge, handle and rail, plastic shelving, drawer cart, KD bin, toilet brush, caster, (T grids ceiling system)(building materials)(Chemical glue), Fastener, screw, nut, pin, rivet, stud.
Electrical and power: LED light, industrial fan, spot cooler, uninterruptible power supply, PV inverter, solar charge controller, AVR, UPS, Solar inverter, transformer.
Auto parts, Motorcycle, Bicycles and Motor Tricycle: Sport Motorcycle, off road motorcycle, scooter, engine, bicycles, bicycle parts, bicycle accessories, engine parts, brake pad, brake rotor, brake caliper, and multi -purpose motor tricycle.
India is actively wooing foreign investors for its fast-growing economy and market. With a population of 1.3 billion, many of whom are keen to upgrade their consumer electronics, the South Asian nation presents huge business potential for Taiwanese firms seeking to cut their dependence on China and deepen their presence elsewhere in Asia. India-Taipei Association Director-General Sridharan Madhusudhanan shared his views on how Taiwan and India could build each other up economically during an exclusive interview with ‘Taipei Times’ staff reporter Crystal Hsu at his office yesterday morning
Taiwan’s Vice Economic Minister Shen Jong-chin recently announced a US$2.29 billion plan to transform Taichung City into a smart machinery hub.
Shen defined the smart machinery industry as encompassing robotics, IoT, big data, smart technology, precision mechanics and smart manufacturing. According to the plan, a smart machinery park will be built in Taichung City and will have more than 30 hectares of available space to host 50 manufacturers.
Product Launch & Press Conference at Metalloobrabotka 2017
10:30-12:00, May 16th
74C80, Pavilion 7, Level 2, Hall 4, Expocenter
Moscow–The Taiwan Product Application Demo Show (Booth #74C80) at Metalloobrabotka 2017 will highlight the technological strengths of Taiwan’s metalworking and machine tools industries by exhibiting the work pieces and smart manufacturing products/solutions from Taiwan. The event aims to enhance the local manufacturing sectors’ competitive edge, especially the automotive and aerospace manufacturing industries in Russia.
TAIPEI (Taiwan News)—Taiwan’s Vice Economic Minister Shen Jong-chin (沈榮津) announced plans to invest NT$70 billion (US$2.29 billion) to transform Taichung City into a smart machinery city.
The Tsai Administration aims to transform Taiwan into a top exporter of smart machinery equipment, periphery accessories and systems to neighboring Southeast Asian countries.
Taiwan – The event, held early March in Taipei, hosted about 1,100 exhibitors from 21 countries and recorded 47,500 visitors from 90 nations.
Taipei International Machine Tool Show (TIMTOS) is Asia’s second largest and Taiwan’s largest metal processing equipment trade show. The theme for the recently held 26th edition was ”Industry 4.0+ & smart manufacturing for seamless industrial upgrades”. The inauguration witnessed the presence of leading players from the machine tool sector. David Chuang, Vice Chairman, TAMI said, “Timtos has become an important platform for machine tool companies around the world to showcase their latest models and technology prowess. It is also the go-to venue where buyers, home and abroad, source their machine tools.”
With a total population of less than 24 million, Taiwan is known for its diversified manufacturing sector ranging from high-tech industries such as electronics and IT, to home appliances and bicycles. Companies such as Asus, Delta Electronics, Tatung and Giant have made their mark in the international market as leading brands from Taiwan.
But given price competition from China-made products and a slowdown in the global economy as well as demand in certain sectors such as personal computers (PC), Taiwan has seen a need to sharpen the competitiveness of its manufacturing sector and broaden export markets. Innovation, say high-ranking officials and business executives, is the key for Taiwanese industries to thrive and generate more export revenue in the years to come.
Sourcing Taiwan, the annual procurement event hosted by TAITRA, saw a big rise in buyer attendance from Southeast Asia this year.
Now in its 9th year, the latest edition of Sourcing Taiwan was held at the Taipei Nangang Exhibition Hall on March 29, 2017.
The Ministry of Economic Affairs (MOEA) hosted a press conference on Monday to publicize Sourcing Taiwan 2017, a trade event for international buyers and sellers, that is taking place this Wednesday at the Nangang Exhibition Center.
According to the event’s organizers at MOEA’s Bureau of Foreign Trade, Sourcing Taiwan 2017 serves “as a trade link between global buyers and top-rated Taiwanese suppliers."