Momentum Continues On Export Growth The Taiwan economy continued its upward momentum through the first quarter of 2018 as exports maintained their double digit gains, unemployment stayed low, and consumer and business confidence remained high. On the back of International Monetary Fund (IMF) forecasts of rising global trade and growth, analysts expect Taiwan’s trade impetus to…

Taiwan is the world’s rainiest developed country, but an insufficient storage system is forcing big users to consider desalination of seawater as a viable water source. The Formosa Plastics Group (FPG) recently won Environmental Impact Assessment approval for a desalination plant to produce fresh water from seawater at its Mailiao industrial complex in Yunlin. The…

Progress in developing renewable energies has been slower than targeted, but the pace is now expected to quicken.  Among the Five Shortages identified by Taiwan’s Chinese National Federation of Industries (CNFI) and currently being addressed by the government in a series of policy initiatives, electrical power is seen as the most crucial. Taiwan’s generating capacity…