Every week, we'll select Taiwan's five business news from the previous week for your review.
The initial statistics released on Friday showed Taiwan's exports grew 8.4 percent in October from a year earlier to hit US$41.3 billion, the highest ever recorded in the month, while imports reached US$34.43 billion, up 6.5 percent from a year ago.
〔Focus Taiwan〕ASE to invest in IC packaging, testing in Mexico
ASE Technology said through its California-based subsidiary ISE Labs Inc., that it has acquired a large plot in the Axis 2 Industrial Park located in Tonalá of Guadalajara in western Mexico. Guadalajara is the capital city of the state of Jalisco.
Trump, set to take office in January, has threatened to impose 60% tariffs on US imports of goods from China, reported Reuters. Kuo said Trump’s tariffs would impact any Taiwanese manufacturer operating in China.
Taiwan’s Asia Pacific Economic Cooperation (APEC) envoy Lin Hsin-yi (林信義) pledged to enhance Taiwan’s visibility and strategic importance on the global stage at this year’s APEC summit in Lima, Peru. At a pre-departure press conference on Sunday (Nov. 10), Lin said he would convey Taiwan’s commitment to supporting peace and stable development in the Asia-Pacific region, positioning Taiwan as a trustworthy, responsible member of the international community, CNA reported. He also vowed to garner support from more international allies.
Taroko Gorge National Park in eastern Taiwan remains closed after a major earthquake in April this year rendered much of the area inaccessible. But a concert featuring Indigenous performers and the National Symphony Orchestra has helped to revive the spirits of locals.
Comments