InfoBrief Taiwan 29/04/2024

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Newsletter | 29/04/2024

Welcome!

Dear Subscriber,

Hope you are well.

We are thrilled to announce a webinar focused on the evolving landscape of the plastics and rubber industry. Join us on Wednesday, May 8, from 10:00 – 11:00, for an online discussion exploring topics such as low-carbon green supply chains and emerging market trends. The webinar will be entirely in Chinese and offers valuable insights for both domestic and international manufacturers. Registration is free of charge. Secure your spot by completing the online registration form before May 5. Refer to our Top News for more details on the registration process.

Mark your calendars again: We will host a special conference in English on May 14, 2024. This event, part of a delegation trip of German companies to Taiwan, focuses on innovations in the bicycle and two-wheeler industry. Join us at the Howard Prince Hotel Taichung for presentations, discussions, lunch, business matchmaking and networking opportunities. Find out how to sign up in our Top News.

Furthermore, together with Dr. Josef Goldberger, Liaison Officer, Saxon Science Liaison Office Taiwan | Dresden University of Technology, we hosted a panel discussion on trends and developments in the semiconductor industry this week and it was a blast. Targeted at German exchange students, primarily from the STIPT program, they gained valuable perspectives on the future of semiconductor manufacturing and its global implications. Their presence added a vibrant, dynamic energy to the event. For a comprehensive overview of the panel talk, please have a look at our GTO News.

Lastly, DMEA 2024 was truly inspiring. From engaging discussions to exploring Europe’s largest university hospital, the Charité, in Berlin, we got to gain a great insight into the world of digital healthcare. For a detailed recap of this event, be sure to check out our GTO News.

As we approach the end of April (time flies!), today marks World Wish Day. Inspired by the Make-a-Wish foundation, that also co-organizes our 2nd GTO German Company Charity Soccer Tournament which you can find in our GTO News as well, this day is dedicated to turning dreams into reality.

Kind regards,

German Trade Office Taipei


Diamond Partners 2024


Top News

Sign Up Now: Webinar "Discovering Taiwan's Plastics & Rubber Industry – Development and Opportunities"

With the global trend towards net-zero carbon emissions driving industry transformation, the plastics and rubber industry has emerged as a vanguard of ‘’green sustainability.’’ The webinar will provide an overview of Taiwan’s rubber and plastics markets, exploring how foreign manufacturers can keep up with the latest trend to expand the business in Taiwan. It may also discuss a new face of the industry to emphasize low-carbon green supply chains and diversified end-use applications, which presents opportunities to international companies how they could stay ahead of market and Shaping All PLASbility together.

Details

Date: Wednesday, May 8, 2024
Time: 10:00 – 11:00
Format: Online
Language: Mandarin
Organizer: German Trade Office Taipei (AHK Taiwan)
Co-Organizer: TAITRA│ Plastics Industry Development Center (PIDC)
Fee: Free of charge

Registration

Please fill out the online registration form before May 5.

Agenda

Time Action Owner
10:00 – 10:05 Opening German Trade Office Taipei
10:05 – 10:35 Discovering Taiwan's Plastics & Rubber Industry – Development and Opportunities Plastics Industry Development Center (PIDC)
10:40 – 10:50 TaipeiPLAS 2024 TAITRA
10:50 – 11:00 Q&A  

Co-Organizer

Contact

Venus Peng

Senior Project Manager
Trade Fair Services 

peng.venus@taiwan.ahk.de
Tel: +886 2-7735-7524

Sign Up Now: German-Taiwanese Bicycle and Two-Wheelers Conference

DEinternational Taiwan Ltd., the service unit of the German Trade Office Taipei, organizes a conference in the field of bicycles and two-wheelers, which will take place on May 14, 2024. The conference is part of a delegation trip of German companies to Taiwan which is funded by the Federal Ministry of Economic Affairs and Climate Action under the market development program.

The conference is intended to create a platform for Taiwanese companies and manufacturers seeking new solutions, collaborations, and a better understanding of the German bicycle industry.

In addition to German company and production presentations, Mr. Pablo Ziller, press officer at the German Bicycle Association, will provide an overview of the current status and future prospects of the German bicycle industry.

Following the conference, participants will have the opportunity to connect with German companies during a joint lunch, followed by individual matchmaking sessions. Participation is free of charge.

Details

Date: Tuesday, May 14, 2024
Time: 9:30 – 16:00 (registration time: 9:00 – 9:30)
Venue: Howard Prince Hotel Taichung (No. 129, Anhe Rd., Xitun Dist., Taichung City 407)
Language: English
Fee: Free of charge

Preliminary Agenda

Registration and Opening
09:00 – 09:30 Registration
09:30 – 09:35 Opening Remarks
  • Ms. Leonie Yang, Acting Delegate of German Business and Head of the German Trade Office Taipei/General Manager, DEinternational Taiwan Ltd.
09:35 – 09:40 Opening Remarks
  • Mr. Pablo Ziller, Press Officer, German Bicycle Industry Association
09:40 – 09:45 Opening Remarks
  • Mr. Thompson Su, Secretary General, Taiwan Smart Electric Bicycle Association
09:45 – 09:50 Opening Remarks
  • Mr. Patrick Chen, Chairman, Taiwan Machine Tool & Accessory Builders’ Association (tbc)
Key Note Speeches
09:50 – 10:05 Overview of the German Bicycle Industry
Mr. Pablo Ziller, Press Officer, German Bicycle Industry Association
10:05 – 10:20 Strengths and Potentials of Taiwanese Bicycle Manufacturers
Mr. Barry Huang, General Manager, DSA Co., Ltd.
10:20 – 10:35 Coffee Break & Networking Time
Company Presentations
10:35 – 10:50 IoT Venture GmbH
Mr. Mario Schmitz, Business Development
10:50 – 11:05 Microsport GmbH & Co KG
Mr. Daniel Groos, General Manager
11:05 – 11:20 solos engineering GmbH
Mr. Ulrich Preß, General Manager
11:20 – 11:30 Conference Closing Remarks
Networking
11:30 – 13:30 Lunch Break & Networking Time
13:30 – 15:00 Company Matchmaking
15:00 – 16:00 Coffee & Networking Time
Registration
B2B Meetings

Are you interested in engaging with key players in the bicycle and two-wheeler industry? Then seize this golden chance to connect with German companies firsthand to explore business opportunities! In cooperation with the German Association of the Bicycle Industry (ZIV), Dreberis and the Taiwan Smart Electric Bicycle Association (TSEBA), we are organizing a delegation trip of leading players from the German bicycle industry to Taiwan from May 13 – 17.

Following the conference on May 14, Taiwanese importers, distributors, and manufacturers will get the chance to have exclusive B2B meetings with the German delegation members. Reach out to our Market Entry Manager, Ms. Ellie Kan (kan.ellie@taiwan.ahk.de), to secure your spot and kickstart partnerships!

Funded by
Organizer
Cooperation Partners
Contact

Philipp Molz

Manager
Market Entry

molz.philipp@taiwan.ahk.de
Tel: +886-2-7735-7505


Platinum Partners 2024


All Events

Gold Partners 2024


Become part of our GTO German Business Alliance!
More information about our membership packages on our website.


GTO News

Sign Up Now: 2024 German Riesling Night with Peter Mertes

Experience an unforgettable evening at our first Riesling Night, hosted in partnership with Peter Mertes, Germany’s leading winery from the country’s wine capital Bernkastel-Kues in the heart of the Mosel region. Set in the charming outdoor area of M Club Taipei on the banks of Keelung river, we warmly invite you to enjoy the summer breeze, indulge in exquisite free-flowing wine and enjoy the carefully curated buffet dinner at the event. Look forward to savoring the crisp and well-balanced flavors of Peter Mertes’ Riesling, a perfectly refreshing wine ideal for the upcoming summer season. Join us and Peter Mertes for a memorable evening with a relaxed ambiance and plenty of networking opportunities to kick off the summer in style.

Details

Date: Thursday, June 13, 2024
Time: 18:30 – 21:30 
Venue: Maritime Club Taipei (M Club), No. 16 Water Gate of Keelung River, Meiti Wharf
Dresscode: Summer Chic
Early-Bird Price: 2,600 NT$ (for registrations and payment made until May 17, 2024)
Regular Price: 2,800 NT$ (for registrations after May 17, 2024)
Registration Deadline: June 7, 2024 

Registration

Co-Organizer

Contact

Linda Blechert
Head of Governmental Affairs &
GTO German Business Alliance 
blechert.linda@taiwan.ahk.de
Tel: +886-2-7735-7504
Fax: +886-2-7733-5280

 
 

2nd GTO German Company Charity Soccer Tournament

Our long-awaited GTO Germany Company Charity Soccer Tournament is going to kick off again on Friday, June 7, 2024 at the Taipei Gymnasium 1st floor.

German teams will be competing in exiting 15-minute games of 5 vs. 5 players and donate 1,500 NT$ per scored goal to the Make-A-Wish Taiwan foundation, which helps to fulfil the wishes of children with critical illness between the ages of 3-18 years old.

We welcome you to join us and cheer for your favourite German company team at our 2nd GTO German Company Charity Soccer Tournament.

As for the German companies operating in Taiwan, our annual soccer event is a great opportunity to encourage the team spirit in your company and kick for those who can’t by assisting the Make-A-Wish Taiwan foundation in making the biggest dreams of children with critical illness come true!

Details

Date: Friday, June 7, 2024
Time: 11:00-18:30
Address: Taipei Gymnasium 1st floor (4th Floor, No. 10, Section 4, Nanjing E Rd, Songshan District, Taipei City)
Price: Free of charge

In case of any questions or would like to register your team, please contact Mr. Levin Chiang, (chiang.levin@taiwan.ahk.de / tel: +886-2-7735-7513).

Co-Organizers and Charity Organization

Sponsor

Participating Teams


Review: Panel Discussion on Trends and Developments in the Semiconductor Industry

Last Friday we had the honor to host a panel discussion on trends and developments in the semiconductor industry at our office. Among our esteemed speakers and guests, we were happy to see that more than 25 interested exchange students from the Seminconductor Talent Incubation Program (STIPT) showed up. Here's a brief overview of the highlights from the event:

Our colleague Ms. Linda Blechert along with Mr. Julian Goldmann from the German Institute and Mr. Dr. Josef Goldberger from the Saxon Science Liaison Office Taiwan opened the event with warm welcome remarks. This was followed by three presentations.

Firstly, Mr. Jon Y, also known as Asianometry on his YouTube Channel, kicked off the event with a short, but captivating presentation titled "What Makes TSMC Special". As several of his other videos specialize in “semiconductor lore”, as he puts it, he provided a well-researched, historical review and an exciting glimpse into the future of semiconductor manufacturing.

Up next, Mr. Misha Lu, Lead Reporter at DigiTimes Asia, gave us an insight into the geopolitical context behind Taiwan's semiconductor industry and explored the implications of TSMC's global expansion, especially its impact on Germany.

Lastly, Mr. Sascha Pallenberg, Blogger and Podcaster (MeTacheles), shed light on the significance of TSMC's investment for Germany's microelectronics industry, emphasizing the importance of overcoming "German Angst" and embracing new opportunities.

Afterwards the panel discussion allowed our participants to delve deeper into the topics presented.

Following the discussions, our attendees had the opportunity to network with industry experts, share ideas and to connect, all while enjoying some delicious finger food.

We would like to extend our heartfelt thanks to everyone who attended our panel discussion. Thank you to our speakers for sharing their expertise and perspectives, and to all attendees for their active participation, making the event truly memorable.

Special thanks to our industry VIPs who graced the event: Ms. Lydia Huang from Infineon Technologies, Ms. Jennifer Yong from Bayer Taiwan, Mr. Henry Cai from Carl Zeiss Taiwan, Ms. Shanice Huang from Heraeus, Ms. Judy Huang from Merck Group in Taiwan and Mr. Shanhung Wang from TÜV SÜD.

It was a truly enlightening event and we appreciate everyone’s active participation. We extend a special thank you to our GTO Business Alliance Members who joined the event and provided additional insights into the Taiwanese working culture!


Review: DMEA 2024

What an incredible journey at DMEA 2024! With over 800 exhibitors and 19,000 visitors flooding the grounds over 3 dynamic show days, we witnessed a remarkable 10% growth from 2023 and an astounding 60% surge from 2022. A special shoutout to our 4 exhibitors, 5 delegates and the media house from Taiwan who graced us with their presence.

Beyond the borders of Germany, DMEA 2024 delved into diverse topics, from patient care in Europe to the electronic patient record in Denmark and from sharing open data to unravelling the mysteries of AI in Europe. The discussions were insightful, paving the way for advancements in healthcare across continents.

In addition to exploring the vast array of exhibits, we had the privilege of visiting esteemed institutions like the Charité Centre for Cardiovascular Telemedicine and the German Digital Health Association to gain insights into industry practices and future growth road maps.

To all the participants of DMEA 2024, we extend our heartfelt gratitude for making this event a success! As we eagerly anticipate DMEA 2025 on April 8-10, we invite you to join us in shaping the future of healthcare. Get in touch with our colleague Mr. Pinchao Huang (huang.pinchao@taiwan.ahk.de / +886-2-7735-7529) to explore opportunities to be part of the world's largest digital healthcare network.

Jetzt Anmelden zur Geschäftsanbahnungsreise für deutsche Zweirad- und Zweiradkomponentenhersteller nach Taiwan!

Wussten Sie, dass der Produktionswert der taiwanischen Fahrradindustrie in den ersten zehn Monaten 2022 einen Rekordwert von 6 Mrd. US$ erreichte? Taiwan beherbergt einige der weltweit führenden Fahrrad- und E-Scooter-Hersteller und die Vielzahl an Zulieferbetrieben decken nahezu die gesamte Wertschöpfungskette ab.

Vom 13. bis 17. Mai 2024 findet eine Geschäftsanbahnungsreise für deutsche Unternehmen nach Taiwan statt. Die Reise wird vom Bundesministerium für Wirtschaft und Klimaschutz im Rahmen des Markterschließungsprogramms gefördert.

Sichern Sie sich Ihre Teilnahme für die Geschäftsanbahnung nach Taiwan und erschließen Sie den taiwanischen Markt für Zweiräder, Zweiradkomponenten, Fahrräder, E-Bikes, Scooter und Pedelecs, um Ihren idealen Vertriebs- und Geschäftspartner zu finden und wertvolle Einblicke zu erhalten!

Weiterführende Informationen sowie einen Link zur Anmeldung finden Sie auf unserer Webseite.



Trade Fair News

Join Our German Pavilion at TaipeiPlas 2024

Don't miss the opportunity to be part of this innovative event! Taking place from September 24 – 28, TaipeiPlas Exhibition is not only the exclusive professional exhibition in Taiwan dedicated to the plastics and rubber industries, but also a top global event in plastics and rubber industry. It brings together industry professionals, showcasing the latest advancements and trends. The exhibition serves as a platform for companies to present products and technologies across various sectors, encouraging networking and collaboration. TaipeiPlas covers the entire industry value chain, making it a valuable experience for both experts and newcomers.

Key Figures from TaipeiPlas 2022

Total Visitors: 12,513
Booths: 1,267
Exhibitors: 361

Contact

Venus Peng

Senior Project Manager
Trade Fair Services 

peng.venus@taiwan.ahk.de
Tel: +886 2-7735-7524

Join our German Pavilion at Energy Taiwan 2024

Get ready for an electrifying experience at Energy Taiwan 2024, happening from October 2 – 4, 2024. Formerly known as "PV Taiwan," Taiwan's largest event regarding green energy industry ideas is now a comprehensive showcase. From creation to system integration, it covers it all!

Join us as we light the way to a sustainable future. Our colleague Ms. Venus Peng is more than happy to help you secure your spot.

Key Figures from Energy Taiwan 2023

Total Visitors: 24,000+
Booths: 1,275
Exhibitors: 359

Contact

Venus Peng

Senior Project Manager
Trade Fair Services 

peng.venus@taiwan.ahk.de
Tel: +886 2-7735-7524

Asia Fruit Logistica 2024: Open for Registration

Asia Fruit Logistica takes place from September 4 – 6. It is the largest and most professional B2B exhibition in Asia, covering the entire agricultural industry structure chain. It offers unique opportunities for exhibitors to develop new business, especially in 2024 when it will be held in Hong Kong, a rare opportunity for Taiwanese manufacturers to enter the Asian market!

Key Figures from Asia Fruit Logistica 2023

Exhibitors Worldwide: 400+ (from 40+ countries)
Professional Buyers Worldwide: 10,000+ (from 70+ countries)

Our colleague Ms. Peng will answer any further questions regarding this event (02-7735-7524 / peng.venus@taiwan.ahk.de).
Contact

Venus Peng

Senior Project Manager
Trade Fair Services 

peng.venus@taiwan.ahk.de
Tel: +886 2-7735-7524

ITB Asia Now Open for Registrations

We are thrilled to announce our journey to ITB Asia in Singapore this October, where we will showcase the beauty of Taiwan. ITB Asia is expected to welcome 24,000 attendees, spreading across 4 stages with a total of 17 thematic tracks. With a record of over 35,000 business appointments in 2023, ITB Asia serves as an excellent platform for fostering long-term cooperation in the global travel industry. 

Join us and be part of this incredible opportunity to showcase Taiwan to the world! For inquiries about exhibiting, contact our colleague Ms. Venus Peng.

Contact

Venus Peng

Senior Project Manager
Trade Fair Services 

peng.venus@taiwan.ahk.de
Tel: +886 2-7735-7524

German Company News

Porsche Delivers 77,640 Cars in the First Quarter, Taiwan Market Experiences Record Growth

Porsche deliveries remained at a stable level in the first three months of the year. Overall, the sports car manufacturer delivered 77,640 vehicles to customers around the world between January and March. This represents a moderate decline of 4 per cent on the previous year.

Porsche Taiwan saw historic success in Q1 2024, delivering 1,409 vehicles – a 19% increase over last year. SUV demand remains strong, led by an astounding 82% growth for the Cayenne. The Macan also saw a substantial boost in order intakes (126%), fueled by the market’s anticipation for the new electric version. The all-electric Taycan line continues its sought-after status with a 22% growth, especially for the Taycan Cross Turismo CUV (+76%). Additionally, the iconic 911 experienced a remarkable increase in sales, doubling compared to last year, while the mid-engined 718 saw a 29% rise. Of note, the 718 Boxster order intakes quadrupled compared to last year. The Panamera, following its recent launch, boasts a 24% increase in order intakes.

Read more on our website.

AHK Greater China News

Jetzt anmelden: Greater China Day 2024 

Die größte Highlight-Veranstaltung der IHK München und der AHK Greater China in Deutschland bietet die ideale Plattform sich über die aktuellsten Entwicklungen in China zu informieren.

Hochrangige Unternehmensvertreter und ausgewiesene China-Experten aus Deutschland und China diskutieren neuste Wirtschaftstrends. Breakout-Sessions bieten praxisnahen Austausch zu wichtigen Aspekten der Geschäftsabwicklung (Recht und Steuern, Exportkontrolle, Zoll) oder zu spannenden Zukunftsthemen wie der Chip- und Halbleiterindustrie Taiwans, Chinas Innovationsbranchen oder Hongkongs zukünftiger Rolle im Asien-Geschäft.

Nutzen Sie den Greater China Day als Netzwerkplattform, um sich mit Unternehmen und Multiplikatoren zu vernetzen – nach dem Motto von der Wirtschaft für die Wirtschaft. Seien Sie dabei!

Die Teilnahme ist kostenfrei, aber anmeldepflichtig.

Details

Datum: 27. Juni 2024
Uhrzeit: 09:00 – 17:00
Ort: IHK für München und Oberbayern, Max-Joseph-Straße 2, 80333 München, Deutschland
Ansprechpartnerin: Ulrike Tsougenis 
Telefon: +49 89 5116-1449 
E-Mail: tsougenis@muenchen.ihk.de

Die Agenda und das Anmeldeformular finden Sie auf der offiziellen Webseite.


Other News

7th German-Taiwanese Call for Proposals for Joint R&D Projects

The German Institute in Taipei and the Taipei Representative Office in the Federal Republic of Germany are announcing a call for proposal for joint R&D projects.Applicants are expected to develop ready-to-market solutions for products, technology-based services or methods in all technological and application areas, which have strong market potential. The Taipei Representative Office in the Federal Republic of Germany and the German Institute in Taipei will respectively provide access to public funding for joint projects.The Taipei Representative Office in the Federal Republic of Germany (Coordinator: Project Office of A+ Industrial Innovative R&D Program, AIIP PO) and the German Institute in Taipei (Coordinator: AiF Projekt GmbH) will provide all necessary assistance to project partners during all the project proposal, evaluation and monitoring phases.AIIP PO and AiF Projekt GmbH will evaluate the submitted proposals independently and communicate the results within about 5 months after receiving the proposal.

Find more information on their website.

Taiwanese-German Info-Webinar – Now Open for Registrations!

In the course of the 7th Taiwanese-German call for joint R&D projects, attendees are being provided with additional information on the funding programmes, the Taiwanese economy and, as a highlight, an insight into a successfully completed funding project. Afterwards, participants will have the opportunity to ask questions to the speakers.

Date: April 30, 2024
Time: 15:30 – 17:00 (Taiwan time)

Agenda (Taiwan time):

09:30 – 09:40 Opening and distinguished guest remarks
09:40 – 09:55 Taiwan - Economy, Industry and Opportunities
09:55 – 10:05 Introduction of the German funding programme ZIM
10:05 – 10:15 Introduction of the Taiwanese innovation landscape and funding programme
10:15 – 10:45 Case study and experience sharing of the project ModSysNexGenHRC
10:45 – 11:00 Questions and answers
11:00 End of the event

Find more information about the webinar and how to register on their website. (Note: The time listed in the agenda is in German time.)


Bekanntmachung für Deutsche zur Wahl zum Europäischen Parlament

Am 09. Juni 2024 findet die Wahl der Abgeordneten des Europäischen Parlaments aus der Bundesrepublik Deutschland statt.

Deutsche, die außerhalb der Bundesrepublik Deutschland leben, das 16. Lebensjahr vollendet haben und im Bundesgebiet keine Wohnung mehr innehaben, können bei Vorliegen der sonstigen wahlrechtlichen Voraussetzungen an der Wahl teilnehmen.

Für ihre Wahlteilnahme ist u. a. Voraussetzung, dass sie

1.1  am Wahltag seit mindestens drei Monaten in den übrigen Mitgliedstaaten der Europäischen Union eine Wohnung innehaben oder sich mindestens seit dieser Zeit dort gewöhnlich aufhalten (auf die Dreimonatsfrist wird ein unmittelbar vorausgehender Aufenthalt in der Bundesrepublik Deutschland angerechnet)

oder

1.2  entweder nach Vollendung ihres 14. Lebensjahres mindestens drei Monate ununterbrochen in der Bundesrepublik Deutschland eine Wohnung innegehabt oder sich sonst gewöhnlich aufgehalten haben und dieser Aufenthalt nicht länger als 25 Jahre zurückliegt, oder aus anderen Gründen persönlich und unmittelbar Vertrautheit mit den politischen Verhältnissen in der Bundesrepublik Deutschland erworben haben und von ihnen betroffen sind,

2. in ein Wählerverzeichnis in der Bundesrepublik Deutschland eingetragen sind. Diese Eintragung erfolgt nur auf Antrag. Der Antrag ist auf einem Formblatt zu stellen; er soll bald nach dieser Bekanntmachung abgesandt werden.

Einem Antrag, der erst nach dem 19. Mai 2024 bei der zuständigen Gemeindebehörde eingeht, kann nicht mehr entsprochen werden (§ 17 Abs. 1 der Europawahlordnung).

  • Antragsvordrucke (Formblätter) sowie informierende Merkblätter sind online auf der Seite der Bundeswahlleiterin verfügbar. Sie können auch bei
    den diplomatischen und berufskonsularischen Vertretungen der Bundesrepublik Deutschland,
  • der Bundeswahlleiterin, Statistisches Bundesamt, Zweigstelle Bonn, Postfach 170377, 53929 Bonn, Germany;
  • den Kreis- und Stadtwahlleitungen in der Bundesrepublik Deutschland angefordert werden.

Weitere Auskünfte erteilt das Deutsche Institut Taipei auf seiner Internetseite.


Deutschenliste für Krisenvorsorge

Alle deutschen Staatsangehörigen, die, auch nur vorübergehend, im Amtsbezirk des Deutschen Instituts Taipei leben, können in eine Krisenvorsorgeliste aufgenommen werden, die zentral im Auswärtigen Amt Berlin geführt wird. Es handelt sich hierbei um eine freiwillige Maßnahme. Das Deutsche Institut rät, von dieser Möglichkeit Gebrauch zu machen, damit es, falls erforderlich, in Krisen- und sonstigen Ausnahmesituationen mit Deutschen schnell in Verbindung treten kann.

Zur Krisenvorsorgeliste.

 
 


Taiwan News

 Economy

Taiwan's Unemployment Rate Falls Slightly to 3.38% in March

Taiwan's jobless rate dropped slightly to 3.38 percent in March, the lowest level for that month in 24 years, the Directorate General of Budget, Accounting and Statistics (DGBAS) said Monday.

The country's jobless rate fell 0.01 percentage points from a month earlier to 3.38 percent in March, data compiled by the DGBAS showed.

The latest unemployment figure was the lowest recorded in March since 2000, when Taiwan saw its jobless rate reach 2.83 percent that month.

(Last access: 23.04.2024 / Focus Taiwan)

Food, Beverage Revenue Hits New High in Q1

Sales posted by the local food and beverage industry hit a new high in the first quarter of this year and were up more than 8 percent from a year earlier following solid domestic consumption, according to the Ministry of Economic Affairs (MOEA).

Data compiled by the MOEA showed revenue generated by restaurants, beverage vendors, and catering services providers totaled NT$275.9 billion (US$8.49 billion) in the January to March period, up 8.1 percent from a year earlier.

The strong first quarter figure came following data showing sales generated by the food and beverage industry in March rose 13.6 percent from a year earlier to NT$87.5 billion.

(Last access: 25.04.2024 / Focus Taiwan)


Company

TSMC's Taiwan Operations Unaffected by Magnitude 6, 6.3 Quakes

Taiwan Semiconductor Manufacturing Co. (TSMC) said the earthquakes of magnitude 6 and 6.3 centered in Hualien on Tuesday morning (April 23) had little impact on operations.

The situation did not meet the criteria for factory evacuation, but as a precaution, a small number of cleanroom staff were evacuated. No structural damage to facilities was observed, and factory operations and safety systems quickly returned to normal, per CNA.

(Last access: 18.04.2024 / Taiwan News)

Taiwan Research Institute Reports Power Boom From AI Industry

Taiwan Research Institute (TRI) released its March electricity prosperity index (EPI) on Tuesday (April 23), reporting energy consumption grew by 0.07% compared to the same period last year.

TRI said that although the tech industry benefited from strong demand from AI, some traditional industries saw weakened prospects, leading to order cuts and a significant decline in production momentum, per CNA. This offset the overall growth in industrial electricity consumption, the institute added.

(Last access: 25.04.2024 / Taiwan News)

Contact

Christoph Lory
Senior Manager Media and Communications
Lory.Christoph@taiwan.ahk.de
Tel: +886-2-7735-7509
Fax: +886-2-7733-5280
 
 

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Editing & Research: Christoph Lory, Chantelle Bissinger
Publisher: German Trade Office Taipei
International Trade Bldg., 19F-9, No. 333, Keelung Rd., Sec. 1, Taipei 11012, Taiwan
Tel.: +886-2-7735-7500
Fax: +886-2-7733-5280
info@taiwan.ahk.de 

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Tel.: +886-2-7735-7500
Fax: +886-2-7733-5280
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