Taiwan's investment agency approves multi-billion NT dollar foreign investment applications

TAIPEI (Taiwan News) — The Ministry of Economic Affairs' Investment Commission approved 13 inbound and outbound investment applications on Tuesday (Jan. 21), with billions of NT dollars'...

Taiwan becomes Vietnam's fifth largest foreign investor

Taiwan was the fifth-largest foreign investor in Vietnam for the first 11 months of 2019, the Ministry of Economic Affairs' (MOEA) statistics department reported Monday. From January to Novembe...

Rakuten to inject NT$1.2 billion into Taiwan baseball team

The Investment Commission on Friday approved an application by Japanese e-commerce giant Rakuten to invest NT$1.2 billion (US$39.93 million) in its Taipei-based branch, with the funds to be used to ma...

Foreign investment in Taiwan jumped nearly 20% in first 11 months of 2019

Foreign investment in Taiwan during the first 11 months of the year was up nearly 20 percent year on year, driven mainly by investment from European wind power developers, the Investment Commission (I...

Google gets green light to infuse NT$26 billion into Taiwan

TAIPEI (Taiwan News) — U.S. search engine giant Google received the Taiwanese government's approval on Monday (Oct. 28) to invest NT$26 billion (US$852 million) in the country. The Minist...

Taiwan group top bidder for Taipei Twin Towers after rejection of Hong Kong developer

TAIPEI (Taiwan News) – Taiwanese-based computer maker Clevo Co. (藍天電腦) and its affiliate the Hongwell Group (宏匯集團) have become the most preferred bidder for the Taipei Twin Towers project near t...

Philippines eager to drive up falling investments from Taiwan

The two-day Philippine Tourism Investment Forum concluded Friday in Taipei, with the neighboring country eager to increase investments from Taiwan in its tourism sector as the overall Taiwanese invest...

Micron gets green light for NT$66 billion investment in Taiwan plant

TAIPEI (Taiwan News) -- After announcing on Monday (Aug. 26) that it was building a new plant coded A3, U.S.-based dynamic random access memory (DRAM) chip maker Micron Technology Inc. today (Aug. 28)...

Taiwanese investment in China drops: MOEA

TAIPEI (Taiwan News) – The U.S.-China trade war has resulted in a 55.5 percent plunge in Taiwanese investment in China during the first seven months of 2019, according to the Ministry of Economi...

HK-based enterprise appeals against revocation of Taipei development bid

[Last update: July 23 at 9:35 a.m.] TAIPEI (Taiwan News) — The Hong Kong-headquartered Nan Hai Development Limited said on Monday (July 22) it would soon lodge an appeal with Taiwan’s E...

Hong Kong capital takes flight and lands in Taiwan

TAIPEI (Taiwan News) -- Hong Kong investment in Taiwan increased by 203 percent in the first half of 2019, which indicates capital flight could have been triggered by the political turmoil in the form...

HK-based consortium rejected for Taipei twin towers project

Taipei, (CNA) The Taiwan government has withdrawn its decision to award the construction contract for the "Taipei Twin Towers" project to a Hong Kong-based consortium and a Malaysian propert...

Taiwan cracking down on Baidu iQiyi, Tencent Video

TAIPEI (Taiwan News) -- Taiwan is looking to tighten the ban on Baidu's iQiyi and Tencent's planned streaming service in the country due to their use as Chinese Communist Party (CCP) propagand...

Taipei MRT free Wi-Fi contractor suspected of Communist China ties

TAIPEI (Taiwan News) -- A subcontractor which has won the bid to provide Free Wi-Fi being on Taiwan's mass transit railways may be funded by Communist China, announced the Investment Commission, M...

Approved investment in Taiwan from NSP countries soars over 40% in 2018

The amount of approved investment in Taiwan from countries targeted by the government's New Southbound Policy (NSP) jumped more than 40 percent year-on-year in 2018, according to data released by ...