The importance of renewable energy development to Taiwan’s economic future was spotlighted at the first annual Asia-Pacific Renewable Energy Market Summit held July 9 at the Renaissance Taipei Shilin Hotel. Over 240 participants from around the world gathered to exchange ideas on the future of renewable energy in Taiwan and the greater Asia-Pacific region. The…

In addition to the New Southbound Policy, one of the central initiatives of the Tsai Ing-wen administration has been the “5+2 Innovative Industry” program focusing on cutting edge industrial sectors. The goal of forging links between those two policies was assigned to the Ministry of Economic Affairs as one of the five flagship projects under…

Regular meetings promised on relevant AmCham issues. Of the various ministries under Taiwan’s Executive Yuan, the Ministry of Economic Affairs (MOEA) is the one responsible for the broadest range of activity relevant to AmCham Taipei. Its various agencies and departments deal with such matters as intellectual property rights, industrial development, trade policy, energy policy, investment…

PV Taiwan Expo Highlights Green Energy The Taiwan External Trade Development Council (TAITRA), in cooperation with SEMI Taiwan and the Taiwan Photovoltaic Industry Association, hosted PV Taiwan 2017, Taiwan’s leading solar industry trade show, October 18-20 at the Nangang Exhibition Center. Taiwan has the world’s second largest solar cell manufacturing industry after China, with some…

Taiwan_January_Trade_Figures

The Economy is Improving with Help from Exports With sharp criticism of major trade partners and promises of protectionism in trade, the new administration of U.S. President Donald Trump has injected substantial policy uncertainty into the global economy. Nevertheless, the American economy continues to be the engine of global trade, and Taiwan’s trade figures are…

A TSMC factory in Hsinchu, Taiwan

TSMC China Plant Gets Green Light Taiwan’s Investment Commission on February 3 approved plans by Taiwan Semiconductor Manufacturing Co. (TSMC) to build a US$3-billion 12-inch wafer plant in Nanjing, the largest investment by a Taiwanese chipmaker since the government eased restrictions on wholly owned semiconductor production facilities in China last August. The move by the…

The Taiwan government is recognizing and assisting smaller but high-performance companies to help them reach their potential. As part of its effort to revitalize the economy, the Taiwan government has been seeking to identify – and then encourage and assist – small or midsized companies that have unique, internationally competitive products or services. The aim…