New Southbound Policy Office Director James Huang (黃志芳) has been named chairman of the nation’s main trade promotion body, the Taiwan External Trade Development Council (TAITRA), the Executive Yuan said yesterday.
Executive Yuan spokesperson Hsu Kuo-yung (徐國勇) said Premier Lin Chuan (林全) approved Huang’s appointment on Friday, but he did not give further details.
Huang, a former minister of foreign affaris, is to succeed Francis Liang (梁國新), who took over as Taiwan’s representative to Singapore last month.
The 58-year-old Huang went into business in 2008 after stepping down as minister when a new administration came in.
“You probably don’t know that I once was in business overseas,” Huang said on a previous occasion, adding that he worked hard to learn Vietnamese and that he had many ideas on how to promote trade.
In related news, the Executive Yuan on Friday said that the nation’s exports under the “new southbound policy” totaled US$5.37 billion last month, up 20 percent from the same month in 2015.
Among them, exports to Indonesia, the Philippines, Thailand, Malaysia, Singapore, Brunei, Vietnam, Myanmar, Cambodia, and Laos totaled US$4.72 billion, up 22.9 percent from December 2015.
The “new southbound policy,” introduced by President Tsai Ing-wen (蔡英文), seeks to promote ties with the ASEAN nations, as well as India, Pakistan, Bangladesh, Nepal, Sri Lanka, Bhutan, Australia and New Zealand.
However, talent exchanges increased at a much slower pace. Students from those nations studying in Taiwan totaled 29,145 last year, up only 2.1 percent from the 28,550 in the 2015 academic year.
Among them, the number of students from ASEAN totaled 27,264, up 1.9 percent year-on-year. One noteworthy change was that the number of students from South Asia was up 12.4 percent year-on-year, totaling 1,443.
Government agencies are to allocate more resources this year to boost the number of South Asian or Southeast Asian students coming to Taiwan, the office said.
Fast food chain McDonald's is to raise prices by up to NT$5 on some products at its restaurants across Taiwan, starting on Wednesday next week, the company announced today. The prices of all extra value meals and sharing boxes are to increase by NT$5, while breakfast combos and creamy corn soup would go up by NT$3, the company said in a statement. The price of the main items of those meals, if ordered individually, would remain the same. Meanwhile, the price of a medium-sized lemon iced tea and hot cappuccino would rise by NT$3, extra dipping sauces for chicken nuggets would go up
Nvidia Corp CEO Jensen Huang (黃仁勳) arrived in Taiwan yesterday ahead of upcoming AI and technology events, saying he plans to meet with clients and Taiwan Semiconductor Manufacturing Co Chairman C.C. Wei (魏哲家) during his visit. After landing at Taipei Songshan Airport, Huang posed for photos with fans and handed out Yakult drinks to reporters and supporters waiting at the scene, saying he has “a lot to do” during the trip. Asked about reports that Nvidia’s planned headquarters site in Taipei’s Beitou Shilin Technology Park could break ground on May 27, Huang said that if the company holds an event, he would
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