The government’s New Southbound Policy last year boosted tourism and trade links with the countries covered by the policy, while education programs stagnated, statistics published by the Executive Yuan’s Office of Trade Negotiations showed.
People visiting Taiwan from the 18 nations covered by the policy last year rose by 2.7 million people, or 6.8 percent, from the previous year, the figures showed.
They accounted for 23 percent of all foreign visitors to Taiwan, the office said.
Taiwanese visiting the policy nations rose 15.1 percent annually to 3.2 million, accounting for 18.8 percent of all Taiwanese traveling abroad, it said.
Taiwan also rose to third place in the top 10 list of non-Organization of Islamic Cooperation destinations, up from fifth in 2018, the office said, citing the 2019 Global Muslim Travel Index published by CrescentRating and Mastercard.
Taiwan’s exports to policy nations last year totaled US$63.1 billion, while imports were US$48.8 billion, the office said.
The government authorized 267 investment applications totaling US$2.79 billion in the countries covered by the policy and authorized 645 applications by companies from the countries to invest in Taiwan, for a total US$1.09 billion, the office said.
Taiwanese construction projects under the policy focus on power plants, petrochemical industries, electronic toll collection systems, mass-rapid transit systems, and environmental and water resource projects, it said.
As of December last year, Taiwanese companies had received permission to start 41 construction projects valued at NT$26.4 billion (US$871.2 million at the current exchange rate), the office said.
In education, 53,099 students came to Taiwan from policy countries, while 21,718 Taiwanese students went to countries covered by the policy to study, it said.
The number of foreign students enrolled in the normal program specifically created for the policy last year totaled 1,346 people, falling from 4,004 in 2018, the office said.
The number of students enrolled in the mid-high-tier professional skill program also fell from 87 in 2018 to 30 last year, it said.
Last year, 844 foreign students were enrolled in the youth vocational training course in 15 educational institutes, and 2,115 students were enrolled in the compatriots’ vocational classes at high schools and universities, the office said.
A magnitude 6.4 earthquake struck off the coast of Hualien County in eastern Taiwan at 7pm yesterday, the Central Weather Administration (CWA) said. The epicenter of the temblor was at sea, about 69.9km south of Hualien County Hall, at a depth of 30.9km, it said. There were no immediate reports of damage resulting from the quake. The earthquake’s intensity, which gauges the actual effect of a temblor, was highest in Taitung County’s Changbin Township (長濱), where it measured 5 on Taiwan’s seven-tier intensity scale. The quake also measured an intensity of 4 in Hualien, Nantou, Chiayi, Yunlin, Changhua and Miaoli counties, as well as
Credit departments of farmers’ and fishers’ associations blocked a total of more than NT$180 million (US$6.01 million) from being lost to scams last year, National Police Agency (NPA) data showed. The Agricultural Finance Agency (AFA) said last week that staff of farmers’ and fishers’ associations’ credit departments are required to implement fraud prevention measures when they serve clients at the counter. They would ask clients about personal financial management activities whenever they suspect there might be a fraud situation, and would immediately report the incident to local authorities, which would send police officers to the site to help, it said. NPA data showed
ENERGY RESILIENCE: Although Alaska is open for investments, Taiwan is sourcing its gas from the Middle East, and the sea routes carry risks, Ho Cheng-hui said US government officials’ high-profile reception of a Taiwanese representative at the Alaska Sustainable Energy Conference indicated the emergence of an Indo-Pacific energy resilience alliance, an academic said. Presidential Office Secretary-General Pan Men-an (潘孟安) attended the conference in Alaska on Thursday last week at the invitation of the US government. Pan visited oil and gas facilities with senior US officials, including US Secretary of the Interior Doug Burgum, US Secretary of Energy Chris Wright, Alaska Governor Mike Dunleavy and US Senator Daniel Sullivan. Pan attending the conference on behalf of President William Lai (賴清德) shows a significant elevation in diplomatic representation,
The Taipei MRT is to begin accepting mobile payment services in the fall, Taipei Rapid Transit Corp said on Saturday. When the company finishes the installation of new payment units at ticketing gates in October, MRT passengers can use credit cards, Apple Pay, Google Pay and Samsung Pay, the operator said. In addition, the MRT would also provide QR payment codes — which would be compatible with Line Pay, Jkopay, iPass Money, PXPay Plus, EasyWallet, iCash Pay, Taiwan Pay and Taishin Pay — to access the railway system. Currently, passengers can access the Taipei MRT by buying a single-journey token or using EasyCard,