InfoBrief Taiwan, 14.05.2018


Upcoming GTO Events

GTO Asparagus Dinner 2018

Date: May 31st,2018
Venue: Grand Hyatt Hotel

IFA Taipei Reception / Global CE and HA trend -  a look from IFA 2018

Date: 6th June, 2018
Venue: Taipei Eslite Xinyi Bookstore

TrainingProgramme Taiwan 2018:

1. Global Management & Business Etiquettes - German and Chinese Perspectives

Date: May 25th, 2018
Venue: German Trade Office Taipei

2. Seminar” Matching Work Rules to Labor Laws in Taiwan”

Date: June 19th, 2018
Venue: German Trade Office Taipei

3. „Effective Presentations with Practice“

Date: September 19th, 2018
Venue: German Trade Office Taipei


GTO News

IFA Taipei Reception / Global CE and HA trend - a look from IFA 2018

The seminar will invite the world renown market research company GFK and IFA as representatives to introduce the development trend and business opportunity of the consumer and household electronic market. Internet of things and AI senior experts will explain the future technology applications and evolution, and share valuable experience in future years. Furthermore, will the European district general manager of the European science and technology plant in Europe share the plans for future brand management channels & activities. More information here.

Business Trip for German small & medium-sized enterprises (SMEs) on airport expansion - Taoyuan Aerotropolis

From the 3rd to the 7th of September 2018 the German Trade Office Taipei organizes in cooperation with Systems for Business (SBS) solutions a 5-day business journey to Taiwan (Taipei). The project is being implemented as part of the market development program for small and medium-sized enterprises (SMEs) of the Federal Ministry for Economic Affairs and Energy (BMWi) and is aimed at German companies in the sector of construction, aerospace and logistics sectors.With this delegation trip, the Federal Ministry for Economic Affairs and Energy supports German companies in their aim to establishing business contacts with Taiwanese enterprises. More information here.

Asia Pacific Conference Indonesia, November 1-3, 2018

Registration for APK2018 is now open. Save €500 by signing up before May 31, 2018. Choose sessions of your interest and arrange your accommodation. APK2018 is a must-attend event for delegates who are interested in business relations between Germany and Asia and those who want to connect with top-level executives and discover Asia’s latest trends. More information here.


Trade Fairs News

German Pavilion at the 2019 Taipei International Machine Tool Show open for registration on 24 April.

The 2019 Taipei International Machine Tool Show (TIMTOS) will be held in Taipei on March 4th-9th, 2019. TIMTOS is one of the important machinery biennial shows in Taiwan. The German Trade Office Taipei will organize the German Pavilion, which includes unified German branded design, basic booth construction and side promotions to target relevant audience to visit the pavilion. Booth registration for the German Pavilion will start from 24th of April 2018. For more information please click here.

Join the 3rd German-Taiwanese Smart Machinery Forum with B2B Matchmaking

Between November the 7th and 11th, the German Trade Office Taipei (GTO) will lead the Smart Machinery Promotion Office are leading a German Delegation to visit the 'Taiwan International Machine Tool Show', which will include the participation of the Third German - Taiwanese Smart Machinery Forum. The Forum, which will be attended by leaders and experts from various industries, will be held at the Taichung City Hall and feature panel discussions about future developments within the machine industry as well as opportunities for B2B Matchmaking. To join the delegation and attend the exhibition and forum please click here.


Our Publications:

  • Company Directory (English)
  • Trade Fair Guide Germany 2018/2019 (Chinese) (free)
  • Legal Guide: Company & Labor Law (German)
  • Legal Guide: Intellectual Patent Law (German)
  • Newsletter: Infobrief Germany (Chinese)
  • Newsletter: Infobrief Taiwan (English)

Economic News

Biotech ‘next NTD 1tn industry’

The government has set sights on biotechnology as the nation's next NTD 1t (USD 33.6b) industry, Vice President Chen Chien-jen (陳建仁) said yesterday. Biotechnology is part of the government’s efforts in industrial innovation, which is at the top of President Tsai Ying-wen’s (蔡英文) agenda for industrial restructuring to boost global competitiveness. The “five plus two” industries refer to the government’s seven development projects aimed at transforming the nation’s economic and industrial structures, including projects related to the “Asian Silicon Valley” development plan, as well as the biotech, green energy, aviation, smart machinery and defense industries. (Taipei Times, 08.05.2018)

Pay raise for military, government, and teaching personnel has encouraged 50% of private enterprises to follow suit: premiere

Taiwan Premier William Lai (賴清德) said on Wednesday that since the Cabinet raised the pay for the nation’s military, government, and teaching personnel, about 50% of private enterprises have followed suit and raised pays for their employees. Last year the Cabinet approved a 3% raise for the country’s military personnel, government functionaries and teachers for year 2018. Citing a survey by Taiwan’s Directorate-General of Budget, Accounting and Statistics, Lai said about 50% of private enterprises in the country have followed the example of the Cabinet’s pay raise policy for the public servants and raised pays for their employees. (Taiwan News, 09.05.2018)


Environment and Green Technologies

President Tsai touts progress on offshore wind farm development

President Tsai Ing-wen said May 5 that offshore wind power projects mark a new chapter in energy sector transformation and highlight the government’s commitment to embracing renewables. Noting that the Ministry of Economic Affairs has selected seven local and foreign companies to build 10 wind farms off the country’s western coast, Tsai said that this is the first time Taiwan has initiated large-scale offshore wind energy development. These sites will deliver considerable progress toward the government’s target of 5.5 gigawatts in offshore capacity by 2025, she added. Seven of the farms are expected to be built off Changhua, with one each for Miaoli, Taoyuan City, northern Taiwan, and Yunlin County, western Taiwan.(Taiwan Today, 07.05.2018)

Bidding for rooftop solar panel program to start soon: MOEA

The bidding process for a project to encourage households in six cities and counties to install solar panels on the roofs of their homes is to start soon, a Ministry of Economic Affairs (MOEA) official said Thursday. The six cities and counties are Taichung, Tainan, Chiayi, Yunlin, Changhua and Pingtung. Under the "Green Energy Roofs Project," local governments will work with private sector firms which will seek to encourage households in designated areas to install solar panels under the supervision of the ministry. Lee Chun-li (李君禮), deputy chief of the MOEA's Bureau of Energy, said the target is 3m kilowatts of solar roof top energy by 2020. (Focus Taiwan, 10.05.2018)


Companies and Industries

Cisco to set up innovation center in Taiwan: President Tsai

During a tour of high-tech companies in Taoyuan City Friday, President Tsai Ing-wen (蔡英文) announced that United States technology conglomerate Cisco Systems will set up an innovation center in the region before the end of the year. California-based Cisco develops and manufactures telecom equipment and networking hardware amid a wide range of high-technology products and services. In her address, Tsai said she hoped that Cisco would be able to form an Internet of Things (IoT) environment in cooperation with its local partners in the region, the Liberty Times reported. (Taiwan News, 04.05.2018)

Former EVA chairman launches Starlux Airlines

Former EVA Airways Chairman Chang Kuo-wei (張國煒) on Tuesday officially presented his new airline, Starlux Airlines (星宇航空).Gradually, reports emerged that he was thinking of forming a new airline of his own, which would target higher-end customers. Japan would be the priority during the initial phase of the airline’s development following its expected maiden flight in 2020, he said, naming Southeast Asia as another possibility and the West Coast of the United States as its prime long-haul destination. He predicted Europe would come last as flights to the continent were harder to obtain due to a quota system. (Taiwan News, 08.05.2018)

Taiwan's HTC returns a profit after 11 straight quarters of financial loss

The Taipei-based smartphone and virtual reality device maker HTC reported its first quarter financial results on Tuesday, which noted a revenue of NTD 8.8b and loss of NTD 5.2b, while the deal to sell part of its smartphone assets to Google last September contributed a large amount of non-business income and boosted profitability in Q1, after 11 straight quarters of loss. Some market analysts are optimistic about the financial results of the company for the rest of the year due to the money from the deal, while some worry that the loss of one of its most productive teams would hamper its hardware development efficiency, reported Liberty Times. (Taiwan News, 08.05.2018)




Other News

German biologist wins Tsungming Tu Award for foreign scientists

German biologist Wolf B. Frommer received Tuesday the 11th annual Tsungming Tu Award (杜聰明獎), a Taiwanese award for foreign scientists who have made great discoveries in their fields and can collaborate with their counterparts in Taiwan.Minister of Science and Technology Chen Liang-gee (陳良基) presented Frommer with the award, which included a cash prize of USD 75,000.As a winner of the Tsungming Tu Award, he will work with Taiwanese scientists on academic exchanges to promote more innovation and creation, the ministry said. (Focus Taiwan, 08.05.2018)

Taipei, Hsinchu listed among the world’s top 100 student cities

Taipei and Hsinchu placed 20th and 73rd, respectively, in the top 100 student cities list released May 8 by U.K.-based higher education information provider Quacquarelli Symonds. Moving up one place from last year, Taipei ranked sixth in Asia ahead of Beijing, 26th; Shanghai, 29th; and Kuala Lumpur, 37th; and behind Tokyo, second; Seoul, 10th; Hong Kong, 12th; Singapore, 15th; and the Kyoto-Osaka-Kobe metropolitan region, 19th. The 2018 index was topped by London, with Melbourne in third. (Taiwan Today, 10.05.2018)

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Did you know?

Germany's imports in 2017 amounted to USD 1274.553b, while the exports amounted to USD 1,576.2b.

Taiwan's imports in 2017 amounted to USD 259.499b, while the exports amounted to USD 317.381b.

Taiwan Economic Factsheet

GTO Event Calendar





Glossary

DGBAS

Directorate General of Budget, Accounting and Statistics

ECFA

Economic Cooperation Framework Agreement

ITRI

Industrial Technology Research Institute

MOEA

Ministry of Economic Affairs

MOF

Ministry of Finance

MOFA

Ministry of Foreign Affairs

MOI

Ministry of the Interior

MOST

Ministry of Science and Technology

TAITRA

Taiwan External Trade Development Council

TSMC

Taiwan Semiconductor Manufacturing Company


Note: All figures are in US Dollar and originate from the newspaper articles or have been converted according to the current exchange rate.





David Yuan
Manager Media & Communications 
Tel.: +886-2-8758-5805
yuan.david(at)taiwan.ahk.de

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