A Taiwanese trade delegation is visiting Hangzhou and Suzhou, China, to promote local food products.
The delegation, organized by the Taiwan External Trade Development Council (TAITRA), is in Hangzhou after participating in FHC China 2009, the largest trade fair in China for imported food, wine and beverages, which closed on Friday in Shanghai.
The group of 77 representatives from 47 Taiwanese companies was scheduled to attend a presentation yesterday by Chinese experts on import regulations and the market for imported food, said Chen Chi-tang (陳濟棠), a section chief at TAITRA.
Later in the day, business consultations were expected to be held between 44 Taiwanese companies and nearly 100 Chinese businesses, including importers, supermarkets and wholesalers, Chen said.
The Taiwanese group will visit major supermarkets in the two cities and arrange promotional activities to help Taiwanese companies tap into the market.
Noting that this is his first visit to China, delegation leader Tzeng Kang-ning (曾康寧) said he saw great market potential as few Taiwanese products are currently available in supermarkets and hypermarkets in China.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
Taiwan Semiconductor Manufacturing Co’s (TSMC, 台積電) revenue jumped 48 percent last month, underscoring how electronics firms scrambled to acquire essential components before global tariffs took effect. The main chipmaker for Apple Inc and Nvidia Corp reported monthly sales of NT$349.6 billion (US$11.6 billion). That compares with the average analysts’ estimate for a 38 percent rise in second-quarter revenue. US President Donald Trump’s trade war is prompting economists to retool GDP forecasts worldwide, casting doubt over the outlook for everything from iPhone demand to computing and datacenter construction. However, TSMC — a barometer for global tech spending given its central role in the
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
Alchip Technologies Ltd (世芯), an application-specific integrated circuit (ASIC) designer specializing in server chips, expects revenue to decline this year due to sagging demand for 5-nanometer artificial intelligence (AI) chips from a North America-based major customer, a company executive said yesterday. That would be the first contraction in revenue for Alchip as it has been enjoying strong revenue growth over the past few years, benefiting from cloud-service providers’ moves to reduce dependence on Nvidia Corp’s expensive AI chips by building their own AI accelerator by outsourcing chip design. The 5-nanometer chip was supposed to be a new growth engine as the lifecycle
RSS