Wives of Taiwanese business people returning from China boost retail sector

TAIPEI (Taiwan News) — Business at a major department store in Taipei could surge by 20 percent this year due to the wives of businessmen returning from China to invest on the island, reports sa...

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...

Indian state of Gujarat welcomes Taiwan investment, manufacturing

TAIPEI (Taiwan News) – The Indian state of Gujarat has extended an open invitation to Taiwanese companies to come invest and trade in the region, even offering real estate for a dedicated manufa...

Tsai: government will undertake 3 key tasks to bolster Taiwan's SMEs

TAIPEI (Taiwan News) — President Tsai Ing-wen attended a New Year gathering of national small and medium enterprises (SMEs) Tuesday, where she said the government is to undertake three key indus...

Danish firm suspends wind-power facility construction in Taiwan

Taipei, Jan. 20 (CNA) Orsted A/S, a Danish investor in offshore wind-power sites in Taiwan, has suspended its part in the nation's offshore wind-power development program amid what it described as...

Taiwan pledges US$150 million investment in Paraguay

TAIPEI (Taiwan News) – Taiwan and Paraguay signed a memorandum of understanding (MOU) worth US$150 million (NT$4.47 billion) over five years on Dec. 14, 2018, reported CNA. Taiwan Ministry of...

Taiwan named world’s fourth-best investment destination

TAIPEI (Taiwan News) – U.S. research company, Business Environment Risk Intelligence (BERI), ranked Taiwan as the fourth best investment detention in the world, the Ministry of Economic Affairs ...

US State Department official visits Taiwan, aims to strengthen trade ties

TAIPEI (Taiwan News) — Ian Steff, a senior official at the U.S. Department of State, is visiting Taiwan from Dec. 3 to Dec. 4 on a trip intended to boost bilateral the relationship in areas of t...

Foreign investment in Taiwan surges 38% during Jan.-Sept. 2018

TAIPEI (Taiwan News) – Foreign investment in Taiwan jumped 38.9 percent during Jan.-Sept. 2018 when compared to the same period last year, totaling US$7.2 billion (NT$222.3 billion), according t...

Taiwan’s ASE Group to ramp up Mexico investment, cater to new tech demand

TAIPEI (Taiwan News) – ASE Group’s (日月光半導體製造) Chief Operating Officer, Tien Wu (吳田玉), said the company will increase investment in its Mexico factory, and the company is considering furthe...

Brazil solar entices Taiwanese investment

TAIPEI (Taiwan News) – On the sidelines of Energy Taiwan 2018 trade show, trade agencies from Brazil and Taiwan signed a memorandum of understand (MOU) to help further Taiwanese investment in Br...

Global wafer factory investment reaches new high

TAIPEI (Taiwan News) – According to a new report by electronics industry association SEMI, global investment in wafer factory construction reached a new high in the past year of US$62.8 billion ...

Taiwan government mulls additional incentives for Taiwanese manufacturers to leave China

TAIPEI (Taiwan News) – The Taiwan government is mulling over a host of incentives to entice Taiwanese companies to move factories back to Taiwan from China, as the U.S.-China trade war heats up,...

Taiwanese firms losing interest in China: MOEA

TAIPEI (Taiwan News) – According to statistics by Taiwan's Ministry of Economic Affairs (MOEA, 經濟部), a host of Taiwanese firms are considering moving some of their manufacturing bases out of...

Foxconn joins Wisconsin companies to create investment fund

MADISON, Wis. (AP) — Foxconn Technology Group will partner with three major Midwestern companies to create a $100 million fund to help launch technology startups around the world, the companies ...