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These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.


Photo credit: UDN/Reuters

PMI reports slight decline though expects confidence in future: CIER

Mar 08, 2021

Chung-Hua Institution Economic Research (CIER) announced February's PMI index, signaling a slight decline of 1.9 percentage points from last month to 63.2. on Monday. February would mark the fourth consecutive month in which Taiwan's PMI index maintained an expansion above 60%. NMI index reported a 52.1 score, a 2.8-percentage point drop compared to January. While both figures saw a slight de...


Photo courtesy of EDN.

Global Orgs Warn of Continual Economic Decline in 2021

Feb 01, 2021

In the latest global economic forecast reports, a number of global organizations have indicated a decline for the majority of global industries in the coming year. Both organizations named the worsened second-wave of the COVID-19 pandemic in Europe, India, Brazil, and Latin America, as the prominent reason behind the downward trend. The International Monetary Fund (IMF) and Organisation for E...


China-U.S. Trade War Hurts Factory Revenue in 2019 Census: MOEA</h2>

China-U.S. Trade War Hurts Factory Revenue in 2019 Census: MOEA

Dec 15, 2020

The Economic Ministry Department of Statistics released last year's factory census report on Tuesday, reflecting the impact from the China-U.S. trade war, showing a 3.8% YoY decline, and NTD$16.9 trillion in revenue. The report found despite the decline, the semiconductor industry showed strong growth amid increasing investments and Taiwanese businesses returning to the island. The situation ...


Warming Economy Bolsters Metal Prices</h2>

Warming Economy Bolsters Metal Prices

Dec 08, 2020

Investors are looking into industrial metals, such as copper and nickel, as the COVID-19 vaccine news and the government's stimulus plans have prompted renewed confidence in the manufacturing industry. The vaccine news and U.S. President-elect Joe Biden's win have smoothed out investors' concerns and would serve to bolster the economy. China's increasing procurement of metal products have ...


What's‌ ‌in‌ ‌store‌ ‌for‌ ‌Taiwan's‌ ‌Fasteners?‌ ‌ ‌</h2>

What's‌ ‌in‌ ‌store‌ ‌for‌ ‌Taiwan's‌ ‌Fasteners?‌ ‌ ‌

Dec 07, 2020

Taiwan's fasteners have long been the top contributors to the island's exports, renowned globally as a prominent manufacturer. Last year, this island shipped out fasteners valued at USD$4.31 billion, just behind China, Germany, and the U.S. In terms of outbound volume, Taiwan ranks second place worldwide. The local industry here has gained its sterling reputation with their prompt delivery, excel...


Photo credits: EDN/Reuters

Global Production Chain Could Prioritize Safety Over Profits

Nov 25, 2020

The current global supply chain trends would move towards safety-orientation over profits, National Taiwan University Honorary Professor Chen Po-chih said. Chen's remarks come before the "Economic Investment Outlook Seminar" on Dec. 17, hosted by the Economic Daily News, where he is slated as among the keynote speakers. The forum will invite domestic and foreign academics and speakers to analy...


The 2021 Taiwan International Tools and Hardware Exhibition is organized by THTMA. Supported by directors and members, which will put every efforts to make sure the exhibition is conducted successfully. Photo by CENS

Taiwan's Hardware Industry News

Oct 26, 2020

With its moniker of the “Hand Tools Kingdom,” Taiwan has continued to ride on a robust competitive outbound performance. From focusing on OEM, the hardware industry is now venturing into R&D and developing brand awareness. The sector is also more likely to deal with orders in a group than the past’s individualistic approach. While the rest of the world continued to grapple with the COVID-19 outbr...


Strong Global Trade Rebound for Two-Consecutive Months: CPB</h2>

Strong Global Trade Rebound for Two-Consecutive Months: CPB

Sep 28, 2020

Since July, global trade volume continues to rebound, signaling economies' restarting in a bid to make up the worldwide lockdown this spring due to the pandemic. In a report released by the CPB Netherlands Bureau for Economic Policy Analysis, the CPB World Trade Monitor in July grew 4.8% compared to June, the largest increase since the bureau began compiling statistics in 2000. This is slightl...


Rising Manufacturing Returns to Center Stage / Industry Summit Seminar</h2>

Rising Manufacturing Returns to Center Stage / Industry Summit Seminar

Sep 17, 2020

The COVID-19 pandemic impact on the world's supply chain has renewed putting more value into the manufacturing industry in Taiwan, industry experts said at the Industry Summit Seminar hosted by the Economic Daily News on Wednesday. The collective agreement among industry experts sitting on the "Key Strategies in Intelligizing Production Chains" panel was that Taiwan's manufacturing sector shou...


2019 National Hardware Show, photo courtesy of CENS

US National Hardware Show Postponed to May 11-13 in 2021 Due to COVID-19

Aug 12, 2020

■ Kuo Fang-lin Global Hardware Industry Trends According to market research and advisory company TechNavio’s data, the global hand tools market is slated to expand to USD$125.5 billion in market value by 2022. Moreover, North American and European markets make up over half of that market value. These two markets are no doubt, the world’s biggest export and importers of hand tools thanks to ...