By Huang Wei-Shiou Gov’t Successfully Keeps COVID-19 at Bay with Teamwork As news of the COVID-19 virus overwhelms the world, Taiwan’s government acted quickly to increase investment in expanding the country’s mask-producing volume to 60 machines. This mammoth effort was headed by domestic firms – Chang Hong Machinery and NCM Nonwoven Converting Machinery. The goal was to expand production ...

2019 K Show, the leading global trade fair for the plastics and rubber industry, had been held in Düsseldorf on 16-23 October, 2019. There were 3,330 exhibitors from 63 nations proved impressively: plastics continue to be an innovative, indispensable material. But they also unanimously underscored the necessity of having operational circular economies along the complete material chain and to this...

While the nation started lifting lockdowns that allow important businesses to reopen amid Covid-19 , local industries such as manufacturing, need to track their operations to make up for the times when the government-imposed community quarantines temporarily grounded them to a halt and, in the meanwhile, prepare to meet the market demand expected to increase once this crisis is over. “The Covi...

Brazil’s new crown pneumonia epidemic has rapidly increased. Brazil’s Vale, the world’s largest iron ore producer, is facing an out-of-control impact. The market is worried that iron ore production and sales will be affected. new highs. Experts from Sinosteel (2002) evaluated that steel prices will rise steadily under the effect of rising costs, with a promising outlook. According to a legal p...

The export-oriented trade shows, TaipeiPLAS and ShoeTech Taipei, organized by TAITRA and TAMI, scheduled to be held from Sept. 9 to 13. However, under the circumstances of global business being severely impacted by the COVID-19, the organizers decided to postpone both shows after comprehensive consideration. The new dates will be announced until further notice. TAITRA will continuously assist ...

What the epidemic showed was the amazing flexibility of Taiwan's machine tool industry. Taiwan, which has allowed the semiconductor industry to specialize in the past, has finally realized that these machine tool industries with amazing strength are the "invisible champions" of Taiwan's economy. In early February, three companies -- Habor Precision, Tongtai Machine & Tool and Taiwan Takisawa -...

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...

The Ministry of Economic Affairs announced yesterday (7) that the threshold for the relief of manufacturing and technical service industries was "relaxed again", which was originally required to meet the 50% decline in revenue from January to June of this year compared with any of the same period in the past two years. It will now be changed to "Unlimited period". The Bureau of Industry stated th...

During the epidemic, many factories faced problems such as a sharp drop in orders and a shortage of raw materials. Factories with safety consciousness knew how to adjust and take advantage of the situation and invested in automation and upgrading as soon as possible. Chain We Machinery Co., Ltd., an automation equipment supplier for professional factory, serves many industries, ranging from food,...

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...