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Taiwan records NT$1.53 trillion in January export orders

TAIPEI (Taiwan News) — Taiwan recorded NT$1.53 trillion (US$48.4 billion) in January exports, the Ministry of Economic Affairs (MOEA) said on Tuesday (Feb. 27). The January figure represented...

Taiwan mulls expansion of sanctions against Russia

TAIPEI (Taiwan News) — Taiwan will convene a meeting in early April to consider expanding sanctions against Russia to include more machine tool items, reports said Wednesday (Feb. 28). The ne...

Taiwan sets sights for 6 GW of geothermal energy by 2050

TAIPEI (Taiwan News) —The Taiwan Ministry of Economic Affairs (MOEA) announced its plans to generate 6 gigawatts of geothermal energy by 2025 at the 2024 Taiwan International Geothermal Conferen...

Taiwan electricity rates could rise for 13.6 million households in April

TAIPEI (Taiwan News) — The Ministry of Economic Affairs (MOEA) announced it will meet with Taipower to discuss increasing electricity rates for households, businesses, and industries, with highe...

Taiwan building drone defenses for powerplants to deter Chinese attacks

TAIPEI (Taiwan News) — The Ministry of Economic Affairs (MOEA) is directing power plants and liquefied natural gas (LNG) plants to deploy defenses against potential drone attacks from China. ...

Taiwan export orders decline by 16% in 2023

TAIPEI (Taiwan News) —Taiwan’s export orders for 2023 totaled US$561.04 billion (NT$17.6 trillion), an annual decrease of 15.9%, according to an announcement by the Ministry of Economic Af...

Taiwan investment in China plummets to 21-year low

TAIPEI (Taiwan News) — Taiwanese investment in China last year plunged by nearly 40% hitting a 21-year low, while Chinese investment in Taiwan dropped by over a third. The Ministry of Economi...

Taiwan export orders turn positive after 14 months of decline

TAIPEI (Taiwan News) — Taiwan’s export orders ended 14 months of decline by expanding 1% in November from the same month one year earlier, the Ministry of Economic Affairs (MOEA) said Wedn...

Taiwan holds Economic Prosperity Partnership Dialogue with US

TAIPEI (Taiwan News) — Taiwan and the United States held the fourth round of talks under the Economic Prosperity Partnership Dialogue (EPPD) on Friday (Dec. 8), according to the Ministry of Fore...

Taiwan 2023 exports likely to be 3rd highest ever

TAIPEI (Taiwan News) — Despite months of falling exports amid weak overseas demand, Taiwan’s total export figure for 2023 will still reach US$400 billion (NT$12.5 trillion), its third-high...

Taiwan’s October export orders fall for 14th straight month

TAIPEI (Taiwan News) — Taiwan’s export orders in October fell for the 14th consecutive month, the Ministry of Economic Affairs (MOEA) said on Monday (Nov. 20). Export orders came in at ...

Taiwan to discuss semiconductors, energy with UK

TAIPEI (Taiwan News) — Semiconductors and energy are expected to be at the forefront of trade talks when Deputy Economics Minister Chen Chern-chyi (陳正祺) visits London, reports said Saturday (Nov...

New geothermal plant opens in northern Taiwan

TAIPEI (Taiwan News) — Yilan County’s Renze geothermal power plant launched on Tuesday (Oct. 24), representing progress towards the Ministry of Economic Affairs (MOEA) goal of achieving 20...

Taiwan's Foxconn responds to raid by Chinese tax authorities

TAIPEI (Taiwan News) — Foxconn offices in China were subject to a surprise search by tax authorities, with Foxconn issuing an official response on Sunday afternoon (Oct. 22). Foxconn issued a...

Taiwan boasts 12 winners for 2023 R&D 100 Awards

TAIPEI (Taiwan News) — A press conference to honor winners in Taiwan for the 2023 R&D 100 Awards was held on Friday (Oct. 6) at the Taipei International Convention Center, hosted by the Mini...