News

2019-07-01

Why Taiwan’s machinery industry is caught in trade crosshairs

It should be lost on no one that the world’s two largest economies have had tariffs in place covering some US$360 billion in bilateral trade over […]
2019-07-01

Most production domestic, not in China

Taiwan surpassed China, including Hong Kong, to become the biggest manufacturing site for local companies last year, as makers of traditional goods such as machinery and […]
2019-07-01

Four firms boost total Taiwan investment pledges to over NT$400 billion

Another four Taiwanese companies have pledged to boost investments in Taiwan, raising the total pledges to more than NT$400 billion (US$12.90 billion) so far this year […]
2019-07-01

Smart machinery, 5G investment tax breaks passed

The Legislative Yuan yesterday passed an amendment to the Act for Industrial Innovation (產業創新條例) offering companies tax breaks for investing in 5G technologies or smart machinery. […]
2019-07-01

TAITRA: “Taiwan ‘Smart’ Machinery Leads Textile Industry”

Taiwan’s textile industry is attracting international attention. Global brands such as Nike, Adidas or Uniqlo use Taiwanese functional, 70% of the international market. According to Taiwan Association […]
2019-07-01

Cabinet approves projects to boost investment in Taiwan

The Cabinet on Thursday approved three projects to boost investment in Taiwan by providing new incentives estimated to increase investment by NT$1.75 trillion (US$5.65 billion) and […]
2019-07-01

Taiwan looks to fast-track FTA talks with India, eyes higher tech exports

With an eye on carving out a larger share of the Indian tech products and precision tools market, Taiwan is looking to fast-track discussions on a trade deal with India. […]
2019-07-01

Gujarat offers dedicated cluster for Taiwanese machinery companies

Gujarat government on Friday asked machinery manufacturers from Taiwan a dedicated cluster in Gujarat to cater to Indian market. Representatives of Taiwanese companies said that they […]
2019-05-23

Taiwan sets eyes on India amid China-US trade war

Taiwan is eyeing a 20% y-o-y growth in trade with India in the backdrop of the New Southbound Policy (NSP) institutionalised in 2016, which sharply focused […]
2019-05-21

Taiwan’s machinery makers prepare for plastic bans

Some single-use plastics, like PET water bottles, serve a good purpose, said Peter Pan, vice general manager for Chumpower Machinery Corp. Chumpower is a blow molding […]
2019-05-21

Taiwan to exhibit smart technology at 2 European trade shows in 2019

On Monday, May 6, the Secretary-General of the Taiwan External Development Council (TAITRA), Walter Yeh (葉明水), announced that Taiwan will be participating in two European trade […]
2019-05-21

Taiwanese machine makers could benefit from US, China tariff fight

Machine manufacturers in Taiwan are keeping a close eye on escalating trade talks between the U.S. and China, and think the tariffs will ultimately benefit them […]
2019-05-20

Taiwan Economic Outlook – April 2019

2019 Off to Slow Start Central banks throughout the world have been in a holding pattern amid a global economic slowdown and a protracted, bitter trade […]
2019-05-19

FISME led MSME delegation to TIMTOS; MSMEs show keen interest in Taiwan machineries

The Federation of Indian Micro and Small & Medium Enterprises (FISME) took a business delegation of around 25 delegates to Taiwan for the Taipei International Machine […]
2019-03-15

Taiwan’s National Defense Industry to create 8,000 jobs: President

President Tsai Ing-wen (蔡英文) estimated Monday that Taiwan’s national defense industry, boosted by the government’s program to build naval ships at home, could create at least […]
2019-03-15

GLORIA 2019 in TIMTOS Intelligent machinery and manufacturing Innovation Forum

Intelligent machinery and manufacturing are key to industrial upgrade of Taiwan or even the world. Ministry of Science of Technology, Taiwan (MOST); Taiwan External Trade Development […]
2019-03-15

Returning Taiwan firms bringing investments of NT$39.9 billion: MOEA

Several Taiwanese companies have applied to bring their overseas operations back home, attracted by a slew of government incentives, and their initial investments will total NT$39.9 […]
2019-03-15

Eyeing Automotive Machining Applications in Taiwan

It is impossible to write a comprehensive article that thoroughly covers all the new technology presented at a manufacturing trade show. Take, for example, the Taiwan […]