Employees make cycles at a factory in Changhua, Taiwan, on Friday. Reuters
The current trade volume between India and Taiwan is to the tune of $7.5 billion. Over the years, India has shown keenness to expand economic and socio-cultural ties with Taiwan.
Taiwan’s exports jumped in August, boosted by Chinese telecom giant Huawei Technologies Co Ltd rushing to get in orders at Taiwanese firms before they have to comply with US curbs that take effect this month.
Taiwan’s exports surprisingly rose in July after four months of falls, but the government warned of uncertainties as global coronavirus cases spike and US-China tensions deepen.
Taiwan will further liberalise its economy and offer more financing products, aiming to become an Asian financial and asset management hub, President Tsai Ing-wen said, pitching the island at a time of turmoil in next-door Hong Kong.
The European Union (EU) wants to arm itself with new powers to control big technology companies, a newspaper reported on Sunday. The proposed plan includes forcing tech giants to break up or sell some of their European operations
Dubai Chamber of Commerce and Industry (DCCI) has announced the launch of the Dubai Chamber Interview Series, a virtual event series featuring live-one-on-one interviews with prominent local and international business figures from a wide range of industries.
Delays to General Motors’ sale of its Indian plant to Great Wall Motor due to tensions between India and China are likely to result in hefty unplanned costs for the US automaker, people familiar with the matter said.