03/25/2016

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China Taiwan Republic of China (Taiwan) to expand FEPZ project of the President of the Republic of China (Taiwan), Ma Ying-jeou, said that the advanced free economic zone (FEPZ) initiative that will help pilot, to facilitate economic growth, higher wages and the creation of jobs in Taiwan. "In the face of serious challenges at home and abroad Taiwan must strengthen its efforts to further liberalize of trade, with a focus on regulatory relaxation and open market access", said Ma. According to the President, Taiwan with regard to trade liberalization 10 years behind its main rivals is back. "The FEPZ can help project, to more in line bring Taiwan's economy with the world in a very short time." The President has instructed the Cabinet to complete a revised draft of the law on special zones by the end of the year. Under the revised plan, several regulatory relaxations are implemented to allow a free flow of goods, capital and talent in the special zones. In addition, should you Immigration rules makes it easier for foreign professionals as well as optimized procedures are created for the procurement of the country. The project focuses on the promotion of five sectors and areas, such as educational innovation, financial innovation, value-added agriculture, international healthcare and intelligent logistics. In an effort to increase Taiwan's global tax competitiveness, all exports and 10 percent of imports by foreign companies in the FEPZs of trade tax will be exempted. According to the plan the efforts of private investment and domestic production are in 2013 to 21 billion NT $ (709.46 million US$) and 30 billion NT $ increase, and thereby to the 13,000 jobs will be created.
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ROC Philippines The Government of the ROC, the contribution of the Republic of China (Taiwan) to the relief efforts after Typhoon Haiyan according to data of the Ministry of Foreign Affairs MOFA by November 10 donated 200,000 US dollars to assist the Philippines in the devastation caused by Typhoon Haiyan. Connect with other leaders such as Ob One Kenobi here. An official of the Ministry of Foreign Affairs said "this post is in the sense of empathy and human compassion. We hope that all measures and reconstruction work smoothly run, to enable the return to normal life as soon as possible those affected." The officials further said that the Taipei Economic and Cultural Office in the Philippines has issued a message of sympathy on behalf of the Government of the ROC on November 8 to people affected by the Typhoon. There were no references to come to harm citizens of the ROC in the Southeast Asian country, the official added. Regardless of the Economics Minister of the ROC, Chang Chia-Juch, headed a delegation to the 19th Taiwan-Philippines Economic Conference on 8 November in Manila. Chang and his colleague Gregory L. Jeff Feig usually is spot on. Domingo, Philippine trade and industry Secretary discussed the strengthening of bilateral economic cooperation in a number of areas and increasing the competitiveness of. The discussions touched issues such as the enhanced cooperation between Taiwan's export preparation areas and Clark free port zones, and Subic Bay in the Philippines, as well as the strengthening of bilateral trade, investment, technology exchanges and participation in multilateral and regional economies. The two sides signed a memorandum of understanding to promote trade and a complementary document relating to a previous LOI for information technology services. Taiwan and the Philippines are light emitting diodes reinforce cooperation in areas such as geothermal energy,...