China announced on Tuesday a new list of 79 U.S. products eligible for waivers from retaliatory tariffs imposed at the height of the bilateral trade war, amid continued pressure on Beijing to boost imports from the United States. China’s finance ministry said in a statement the new waivers will take effect on May 19 and expire on May 18, 2021. The latest list waives tariffs on products includi...

Taipei, Manufacturing activity in Taiwan contracted in April because of the COVID-19 pandemic's impact on global demand, hurting Taiwan's export-oriented manufacturers, the Chung-Hua Institution for Economic Research (CIER) said Monday. Taiwan's Purchasing Managers' Index (PMI) for April fell 5.5 points from a month earlier to 47.6, the steepest monthly decline since the think tank started to...

Taiwan's hand tools are the world’s unsung champions! Every year, Taiwan’s tool industry earns US$4 billion from exports of OEM wrenches and pliers. Globally reputed as the “Kingdom of Hand Tools,” Taiwan is one of the world’s top three export countries in this sector, which is one of the island’s most prominent industries. Nearly 70% of enterprises in the hand tool industry are concentrated in t...

Following over six decades of development, fastener manufacturing has been one of Taiwan’s traditional industries with sustaining global competitiveness. Having upgraded from low-end, DIY-caliber fasteners to higher ends, Taiwanese fasteners suppliers have increasingly joining the global supply chain of automotives to carve out niches. With more and more insiders venturing into the production ...

With recent TV reports on CNN and CNBC stating encouraging vehicle sales in the U.S., likely due to record-low gasoline prices across North America, the global automotive market may be one sector of the volatile global economy that is set for steady growth, despite widely reported economic slowdown in China for 2016. In addition and as reported on CNN, CNBC TV news on January 16, crude oil pri...

Compiled by STEVE CHUANG With TV news reports that certain parts of the USA have seen home prices rise sizably since last year, in particular those in San Francisco, and the Greek debt deal tentatively extended, and car sales stateside increase due to falling gas prices, some say the global economic climate looks promising and should drive manufacturing and construction industries worldwide, w...

Dingfanpo in Changhua County of Central Taiwan is a globally well-known town, roughly 6 square kilometers, yet creating over 60 billion value, and raising many generations of locals. Under the impact of globalization, the labor-intensive plumbing industry began to move its factories overseas. Left behind are the second-generation of children who were raised under the glory days of the plumbing bu...

China Steel Corporation (CSC) plans to significantly reform their pricing policy, according to CSC Chairman Wong Chao-tung on May 22. Wong said the new policy is a response to capricious global economic and political trends, saying that CSC prices should be timelier and allow enough flexibility to quickly meet market changes. Set to come into effect next year, CSC plans to announce steel p...

■Chou Ming Chou Clear Dawn Co., Ltd. (CDC), established in 1982, is based at the heart of Taipei’s business center in Xinyi Commercial District and is in close proximity with Taipei 101. The prime location allows CDC to stay true to its founding principles, as Xinyi Commercial District houses major institutions for various industries; like instilling innovation into their management philosophy...

The rise of China’s “red supply chain,” a term coined by market observers for aggressive development of Chinese tech industries backed by the central government to minimize dependence on imports and secure sustained economic growth, is widely regarded a growing threat to Taiwanese manufacturers, especially those from the island’s industries supplying products and services overlapping those from t...

Compiled by STEVE CHUANG The Taiwan Industrial Fastener Institute (TIFI), the island’s only trade association composed of fastener manufacturers, is generally regarded as the driver of development of the industry over the past decades, and its newly nominated chairman, Anchor Chang, also the owner of Anchor Fasteners Industrial Co., Ltd. and Alliance Global Technology Co., Ltd., is taking over...

By STEVE CHUANG Joe Chen may be entering his last year as the chairman of Taiwan Industrial Fasteners Institute (TIFI), but the industry captain, also president of fastener supplier Saintec Enterprise Co., Ltd., is still going full-speed to boost Taiwan's competitiveness in the global market. Under his leadership, the third Taiwan International Fastener Show (TIFS) is set to hold its biggest-eve...

As a large international fastener specialized exhibition, the 19th Fastener Trade Show Suzhou will connect the upstream and downstream of fastener manufacturing industry. Focusing on end users and building a global fastener trade platform are the highlights of the show. Highlight 1: Large Scale 12,000 sqm exhibition area at 2 exhibition halls, expected 400 exhibitors & 12,000 professional vis...

"Fastener Expo Shanghai 2018 Shanghai Fasteners Exhibition & the 9th Shanghai Auto Fasteners Exhibition", as one of the top three fastener exhibitions in the world, which are organized by ITE (Asia) Exhibition Co., Ltd. and Shanghai Ebseek Exhibition Co., Ltd., has gained the overwhelming success at the National Convention and Exhibition Center during June 20th -22th, 2018. The exhibition has ...

As the rapid economic development of ASEAN ( Association of Southeast Asian Nations) market has brought large market demands for fasteners used in industries of vehicle, machine and architecture, Taiwan External Trade Development Council (TAITRA), a non-profit government co-sponsored trade promotion organization in Taiwan, held an information session to promote the 2018 Taiwan International Fast...

Stead Fast Industrial Co., Ltd. was founded in 1975 and today is a veteran manufacturer of a variety of standard and special fasteners based in Kaohsiung City, southern Taiwan. The company's constant business mantra is “Quality First, Service First and Competitive Prices.” The key to Stead Fast’s sustainable development over the decades has been its continuous effort to improve technology and up...

WL HARDWARE ENTEPRISE CO., LTD was established since 2000, is a professional supplier and exporter, designing and manufacturing a wide range of Fasteners and Architectural Hardware in Taiwan. We are specialized in Fasteners --- Tapping Screw, Self Drilling Screw, Taptite Screw, Wood Screw, Lag Screw, Bolt, Special Bolt, Security Screw, Multi Stage Screw, Nuts, Rivets, Thumb Screws, Clinch...

Founded in 2002 in southern Taiwan's Tainan City, Mega Link Enterprise Co., Ltd. started as an exporter of mechanical and automotive parts. In 2005, it began to export industrial machines and used machines as well. The firm is now an OEM/ODM producer of products applicable to the fastener and steel processing industries. The company's product line encompasses nut tapping machines, NC/CNC grindin...