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02 Oct 2017

The bus tests are partly to prove that the autonomous-driving technology is safe to deploy on the city’s busy streets, and partly to gather the data needed to improve the artificial intelligence that steer such vehicles. The effort, one of the earliest in Asia, could help position Taiwan as both a pioneer in autonomous public transportation and, if things go according to plan, a producer of driverless buses.

22 Sep 2017

The European Commission recently released a report titled "The EU Trade Policy Review," which states that the EU plans to expand its relations with Taiwan and is prepared to start negotiations with the country on investment. 

As the EU is Taiwan's fifth-largest trade partner and the largest source of foreign investment, Taiwan has high hopes of starting talks on a Taiwan-EU investment agreement.

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09 Aug 2017

A five-day driverless bus test conducted by the Taipei City government has received positive feedback from government officials, system developers and members of the public. The driverless bus was able to collect mapping data and demonstrate its ability to precisely detect environmental conditions.

21 Jul 2017

DBS projected Taiwan's 2018 GDP growth at 2.3 percent and said its forecast may be upgraded based on the effects of the next generation iPhones on the economy. Apple's new iPhones are expected to help drive Taiwan's economy in 2017 and 2018 as waves of replacement are likely on their release because of significant upgrades.

13 Jun 2017
Taiwan was rated 14th out of the 63 economies covered by the annual report and was third among Asian economies, behind Hong Kong and Singapore.
Economies are ranked based on an analysis of more than 340 criteria grouped into four main categories: economic performance, government efficiency, business efficiency and infrastructure.
 

17 May 2017
In what it is calling the 5+2 Major Innovative Industries policy, the administration aims to shift Taiwan’s industrial base away from its traditional concentration on contract manufacturing and gear it towards high-value-added, service- and solutions-oriented business models.
 
The initial five “pillar industries” were the Internet of Things (also referred to as Asia·Silicon Valley), Biomedical, Green Energy, Smart Machinery, and Defense. Added later were high-value agriculture and the circular economy.
 

04 May 2017

Taiwan is seeking a budget of NT$2 billion (US$66.5 million) over the next four years for the establishment of the robot development facility, which is to be called “The Maker Space.”

The government is planning to spend NT$882.49 billion over the next eight years to fund infrastructure work in Taiwan to create 40,000 to 50,000 new jobs.

03 May 2017

The government plan to invest NT$250 billion (US$8.32 billion) in the aquatic environment. The investments are to preserve water resources and address climate change and homeland security needs. “If the government does not invest in building a better aquatic environment now, future generations will live with the threats of either droughts or floods”.

21 Apr 2017
With 1.86 billion monthly active users as of December 2016, Facebook is the world’s largest social-media network. But in Taiwan, Facebook is unusually dominant: its penetration rate (the proportion of internet users with Facebook accounts) here is 82%, higher than anywhere else in the world.
Internet users in Taiwan typically use just one or two mobile apps on a regular basis, and the two most popular apps here are Line and Facebook Messenger.
 
 

22 Mar 2017

In just 24 years, between 1993 and the end of 2017, Taiwan will have gone from an “aging population” with some 7% of the population 65 years old or older to an “aged society” with 14% of its population elderly. Further, by 2025, one in five Taiwanese will be 65 years old or older, putting Taiwan in the ranks of the super-aged societies.

17 Feb 2017

As Taiwan's largest industry association, Taipei Computer Association (TCA) plays a representative role in the ICT industry of Taiwan. It works closely together with the government, academic and research institutions and Taiwan's leading companies to facilitate business and collaboration.

24 Jan 2017

After nearly two months of applications, selection and panel interviews, Taiwan’s first seed accelerator – Taiwan Accelerator, has finally selected 8 out of 153 startups to provide with seed money and follow-up mentorship. In a country that does not place importance in seed investments, this is an unprecedented number of startups being invested in a single batch.

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