ROOM FOR IMPROVEMENT: Information in English is not sufficient and existing systems are not adequately digitized, the trade group’s annual discussion paper saidBy Crystal Hsu / Staff reporter
Most Australian and New Zealand companies find it difficult to do business in Taiwan given a lack of English proficiency and inadequate digitization, the Australia New Zealand Chamber of Commerce (ANZCham) in Taipei said in its annual discussion paper.
Only 38 percent of respondents said it is easy for a foreign company to enter the local market and do business, compared with more than 50 percent who said they disagreed.
The survey is part of the discussion paper ANZCham released on Tuesday to call for deregulation and strengthening of trade ties between Australia, New Zealand and Taiwan.
The chamber welcomed the Taiwanese
The government’s Invest in Taiwan initiative would be extended due to demand from Taiwanese businesses and an anticipated wave of reshoring amid an increasing threat of political pressure facing Taiwanese firms in China, Minister of Economic Affairs Wang Mei-hua (王美花) confirmed yesterday.
“There are still many projects awaiting approval in the pipeline and we are getting feedback from the business community that they would like the project to be extended,” Wang said.
The initiative offers businesses returning to Taiwan or seeking to upgrade their manufacturing facilities favorable loan terms, and assistance in seeking land and talent.
Details of the extension are pending
A Taiwanese delegation visiting Europe has signed five memorandums of understanding (MOUs) with Czech officials to boost information sharing and technology cooperation, the National Development Council said on Monday.
Under the five agreements inked at an investment forum in Prague, the two sides agreed to bolster ties in cybersecurity, space, catalyst technology, green energy and smart machinery, the council said in a statement.
For instance, the Taiwan Space Industry Development Association is to partner with its Czech counterparts to boost information exchanges and technology development collaboration in the space sector, the statement said.
More than 170 meetings between Taiwanese and Czech companies were
A Taiwanese delegation visiting Europe has signed five memorandums of understanding (MOUs) with Czech officials to boost information sharing and technology cooperation, the National Development Council said on Monday.
Under the five agreements inked at an investment forum in Prague, the two sides agreed to bolster ties in cybersecurity, space, catalyst technology, green energy and smart machinery, the council said in a statement.
For instance, the Taiwan Space Industry Development Association is to partner with its Czech counterparts to boost information exchanges and technology development collaboration in the space sector, the statement said.
More than 170 meetings between Taiwanese and Czech companies were