Taiwan Economic Minister questions US charge of 'washing' steel in Vietnam to avoid duties

TAIPEI (Taiwan News) – On July 2, the U.S. Commerce Department announced that it would begin implementing tariffs on certain Vietnamese steel products with duties of up to 456 percent. The U....

Japan’s export ban on South Korea to have limited impact on Taiwan: Economic Minister

TAIPEI (Taiwan News) – Japan’s move to tighten controls on exports to South Korea should have only a limited impact on Taiwan, said the island’s Economic Minister on Wednesday (July ...

US announces tariffs up to 456% on Taiwanese and South Korean steel products 'washed' in Vietnam

TAIPEI -- (Taiwan News) U.S. authorities have announced tariffs on steel products originating in Taiwan and South Korea and exported from Vietnam. The U.S. Department of Commerce (DOC) has announce...

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

Taipei (CNA) - 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 under the governm...

Investment pledges by overseas Taiwan firms top NT$375 billion

Another four Taiwanese companies have gained approval to return home under a government incentive program, bringing the total investments pledged by such firms to over NT$375 billion (US$11.90 billion...

3 additional Taiwan firms pledge to invest NT$37.6 billion at home

TAIPEI (CNA) -- Three additional Taiwanese companies operating overseas have pledged to invest a total of NT$37.6 billion (US$1.20 billion) in Taiwan to avoid the possible impact from rising trade ten...

Taiwan, EU to cooperate on smart factory, unmanned aerial vehicles in 5G era

TAIPEI (Taiwan News) – A joint program between Taiwan and the European Union on 5G technology development will enter a new phase in 2019, with planned experiments on unmanned aerial vehicles and...

Taiwan eyes business opportunities as Trump's Huawei ban goes into effect

TAIPEI (Taiwan News) – On Friday (May 17) in the United States, a ban on U.S. firms dealing with Chinese telecom and smart phone manufacturing giant, Huawei, along with 70 related business entit...

Taiwan sets new goal for overseas Taiwanese firms' investments

A government goal to attract NT$250 billion of investment from overseas Taiwanese firms returning to the country in one year has been doubled to NT$500 billion, after nearly NT$280 billion of investme...

Escalating US-China trade conflict an opportunity for Taiwan

TAIPEI (Taiwan News) – The announcement by U.S. President Donald Trump on May 5 (Sunday) to raise tariffs on $200 billion of Chinese goods presents a perfect opportunity for Taiwanese businesses...

Taiwan wind energy could result in 20,000 new jobs in 2025

TAIPEI (Taiwan News) - The progress Taiwan is making in the development of wind energy is likely to result in the creation of 20,000 new jobs in 2025, when the island will produce 5.5 gigawatt of elec...

Taiwan activists deliver anti-nuclear referendum petition

A local anti-nuclear coalition submitted a referendum petition Tuesday to the Central Election Commission (CEC) for initial screening. The petition initiated by the National Nuclear Abolition Actio...

Taiwan's Minister of Economic Affairs opposes increase in electricity prices

TAIPEI (Taiwan News) — Minister of Economic Affairs Shen Jong-chin (沈榮津) said Monday he is not inclined to advise increasing current electricity prices, but the ministry will respect the final d...

Taiwan Power Company rules out use of nuclear power

TAIPEI (CNA) -- State-run Taiwan Power Company (Taipower) ruled out the possibility of activating the No. 4 nuclear plant Friday, dismissing the misconception that doing so would take only three years...

Taiwan to defy referendum results, phase out nuclear power by 2025

TAIPEI (Taiwan News) – Taiwan will reduce its energy generated by thermal power stations by 1 percent annually in the coming two years, but will proceed with its plan to abolish nuclear power by...