Ministry of the economy

Taiwan's MIRDC Triumphs Again: One Silver and Two Bronze in Edison Awards

Retrieved on: 
Tuesday, April 30, 2024

The MIRDC took home one silver and two bronze awards for its three innovations: the Corrosion-Resistant, Surface Hardening System Equipment for Austenite Stainless Steel (CRSH), the Micro Complex Internal Pipe Coating System Technology, and the Electrochemical Machining System for Intelligent Electrode with Three-Dimensional Variable Curvature (EMS).

Key Points: 
  • The MIRDC took home one silver and two bronze awards for its three innovations: the Corrosion-Resistant, Surface Hardening System Equipment for Austenite Stainless Steel (CRSH), the Micro Complex Internal Pipe Coating System Technology, and the Electrochemical Machining System for Intelligent Electrode with Three-Dimensional Variable Curvature (EMS).
  • Corrosion-Resistant, Surface Hardening System Equipment for Austenite Stainless Steel (CRSH): Taking home the silver, the solution focuses on enhancing austenitic stainless steel—a material prized for its corrosion resistance.
  • The innovation addresses longstanding challenges around the steel's inherent limitations in strength and scalability.
  • Additionally, the Micro Complex Internal Pipe Coating System Technology achieved significant international recognition at its first Edison Awards appearance, collecting accolades globally and locally.

Fluence Expands Presence in Asia-Pacific Region, Opens Local Office in Taiwan

Retrieved on: 
Friday, March 15, 2024

TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, has expanded its presence in the Asia-Pacific region, opening a local office in Taiwan to further engage in the country's energy storage market.

Key Points: 
  • TAIPEI, Taiwan, March 15, 2024 (GLOBE NEWSWIRE) -- Fluence Energy, Inc. (“Fluence”) (NASDAQ: FLNC), a leading global provider of energy storage products, services, and optimization software for renewables and storage, has expanded its presence in the Asia-Pacific region, opening a local office in Taiwan to further engage in the country's energy storage market.
  • This consistent year-over-year growth in renewables to meet the country’s ambitious clean energy targets is positioning Taiwan as a prime regional market for energy storage.
  • “We are proud to announce our expansion in Taiwan, a key market for energy storage in the Asia-Pacific region.
  • Having already successfully collaborated with local partners to complete 10 storage projects in Taiwan, this expansion underscores our long-term commitment to the region,” said Jan Teichmann, SVP & President APAC at Fluence.

"Who is going to raise the questions? The questions are designed in Taiwan" Taiwan design showcased at Milan Design Week

Retrieved on: 
Tuesday, April 2, 2024

Through their projects, they examine the role of design in contemporary society and the value of design thinking in asking questions correctly.

Key Points: 
  • Through their projects, they examine the role of design in contemporary society and the value of design thinking in asking questions correctly.
  • The questions, in fact, are designed in Taiwan.
  • These characteristics are reflected in the projects of the exhibition "Who is going to raise the questions?
  • Studio Kiichi, Taiwan Power Company, 2 by Wu&Chen, Duolog Design LLC, W Glass Project × Hsiang Han Design, Test Rite Retail Co., Ltd.

CHC Shifts Biking Accessibility into Higher Gear with Official Handcycle Launch at Taipei Cycle 2024

Retrieved on: 
Tuesday, March 12, 2024

TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC), a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors. Also during the event, the Center and its partner, the Bicycle Alliance for Sustainability (BAS), joined hands with key players involved in Taiwan's bicycle industry to collectively pledge to take action across several sustainable and socially responsible focus areas.

Key Points: 
  • TAIPEI, March 12, 2024 /PRNewswire/ -- At Taipei Cycle 2024 (March 5-10), the Cycling and Health Tech Industry R&D Center (CHC) , a leader in bicycle design based in Taiwan, took a major step in expanding accessibility and inclusion in the biking ecosystem through formally launching its innovative handcycle for physically challenged riders to enjoy the outdoors.
  • "We envision a more accessible, inclusive, sustainable, and socially conscious bicycling community worldwide," remarked Chairman Pai of the CHC.
  • "With the launch of the Handcycle and this pledge, we are setting the wheels in motion to realize this vision."
  • CHC will partner with Gomier Manufacturing Co. to bring its Handcycle to customers through manufacturing and sales.

Taiwan Construction Market Size, Trends and Outlook Report to 2027: 3.4% Rise is Forecast in 2024, with Market Set to Expand at an Annual Average Rate of 3.9% During 2025-2027

Retrieved on: 
Tuesday, February 13, 2024

Of the total, TWD58 billion ($2 billion) was allocated for the energy transition, 37% more than 2023's budgetary allocation.

Key Points: 
  • Of the total, TWD58 billion ($2 billion) was allocated for the energy transition, 37% more than 2023's budgetary allocation.
  • The construction works of the project are expected to commence by 2026 and end by the end of 2032.
  • It provides -
    Historical (2018-2022) and forecast (2023-2027) valuations of the construction industry in Taiwan, featuring details of key growth drivers.
  • Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.

ProLogium Opens the World's First Giga-level Solid-State Lithium Ceramic Battery Factory

Retrieved on: 
Tuesday, January 23, 2024

TAOYUAN, Jan. 23, 2024 /PRNewswire/ -- On January 23rd, ProLogium Technology, a global leader in solid-state battery innovation, inaugurated its Taoke factory, marking a significant milestone in the battery industry. The event, attended by esteemed guests including Chief Secretary of Ministry of Economic Affairs Chih-Ching Yang, the Director of the French Office in Taipei Franck Paris, and Taoyuan City Mayor Shan-zheng Zhang, along with a French delegation from Dunkirk, celebrated the opening of the world's pioneering Giga-scale solid-state lithium ceramic battery facility. Key strategic partners, including Mercedes-Benz, POSCO, FEV, Arkema, and banks from both Taiwan and France, were also present to witness this historic moment.

Key Points: 
  • TAOYUAN, Jan. 23, 2024 /PRNewswire/ -- On January 23rd, ProLogium Technology, a global leader in solid-state battery innovation, inaugurated its Taoke factory, marking a significant milestone in the battery industry.
  • ProLogium not only showcased its proprietary manufacturing technology for solid-state batteries but also highlighted the commercial viability of the next-generation battery structure.
  • This new battery structure not only ensures a high level of safety but also paves the way for continuous improvements in lithium battery performance.
  • Compared to the Zhongli factory, the Taoke factory has increased the level of automation for the equipment and widened the machine width by 2.64 times.

Delta Selected Among the Best Taiwan Global Brands for 13 Years

Retrieved on: 
Tuesday, November 28, 2023

TAIPEI, Nov. 28, 2023 /PRNewswire/ -- Delta was selected as one of the "2023 Best Taiwan Global Brands" for the 13th consecutive year. Delta's brand was also valued at US$544 million, a noteworthy surge of 28% from 2022, establishing a new record. "The Best Taiwan Global Brands" is organized by the Industrial Development Administration, Ministry of Economic Affairs, and executed by Interbrand, an international brand valuation institution commissioned by the Taiwan Institute of Economic Research.

Key Points: 
  • Brand value has consistently grown for 11 years, reaching a new high with an annual increase of 28%
    TAIPEI, Nov. 28, 2023 /PRNewswire/ -- Delta was selected as one of the "2023 Best Taiwan Global Brands" for the 13th consecutive year.
  • "The Best Taiwan Global Brands" is organized by the Industrial Development Administration, Ministry of Economic Affairs, and executed by Interbrand, an international brand valuation institution commissioned by the Taiwan Institute of Economic Research.
  • Ms. Shan-Shan Guo, Chief Brand Officer of Delta, stated, "It is an honor that Delta's brand value has been recognized as growing consistently for 11 years.
  • Currently, 63% of the electricity consumed by our global operations comes from renewable sources, in line with Delta's RE100 goal by 2030.

Almaden Reports on Legal Developments in Mexico Regarding Ministry of Economy Efforts to Deny Twenty Year-Old Ixtaca Mineral Title Applications

Retrieved on: 
Monday, October 16, 2023

As reported on February 22, April 13, and September 14, 2023, Economia made the Submission to the District Court seeking to deny the two mineral title applications which were first made by Almaden in 2002 and 2008.

Key Points: 
  • As reported on February 22, April 13, and September 14, 2023, Economia made the Submission to the District Court seeking to deny the two mineral title applications which were first made by Almaden in 2002 and 2008.
  • The Submission claims that the applications contain technical faults, despite Economia’s previous statements to the contrary and its acceptance of the mineral title applications and grant of the mineral titles in 2003 and 2009.
  • By alleging technical faults in the mineral title applications, Economia appears to be arbitrarily seeking to deny the grant of the mineral titles and avoid the indigenous consultation ordered by the February 2022 decision of Mexico’s Supreme Court (“SCJN”).
  • Almaden has been advised that so long as the TFJA trial continues, its mineral title applications from 2002 and 2008 remain in place thus preserving the Company’s preferential rights to the mineral title.

Inaugural SuperBridge Summit kicks off to accelerate investment opportunities in untapped markets

Retrieved on: 
Tuesday, October 17, 2023

DUBAI, UAE, Oct. 17, 2023 /PRNewswire/ -- His Excellency Abdulla Bin Touq Al Marri, Minister, Ministry of Economy, UAE today delivered the opening address at the much-anticipated inaugural edition of the SuperBridge Summit, at Dubai's iconic Museum of the Future. The first-of-its kind summit that highlighted the world's fastest growing economies and the collaborative opportunities that exist, offered a glimpse into the future of business and discussed the potential of AI to stimulate private investment and propel growth forward at a pace unimaginable just a decade ago.

Key Points: 
  • Minister Al Marri underscored why Dubai was the perfect location for the first SuperBridge Summit, commenting: "The global economy is going through immense change and new markets are reshaping the economic landscape with unprecedented growth.
  • The UAE is deeply committed to fostering international cooperation with a knowledge-based and innovation-driven society to benefit this transformation.
  • Day one of the summit provided a unique platform, converging more than 500 investors, business, government, policy and cultural leaders from 20 countries to accelerate investment and co-creation opportunities in hitherto untapped and under-explored markets.
  • Invaluable insights from experts in the private and public sectors ensured a compelling and lively discussion of the key drivers of investment opportunities into untapped markets across the world.

Inaugural SuperBridge Summit kicks off to accelerate investment opportunities in untapped markets

Retrieved on: 
Tuesday, October 17, 2023

DUBAI, UAE, Oct. 17, 2023 /PRNewswire/ -- His Excellency Abdulla Bin Touq Al Marri, Minister, Ministry of Economy, UAE today delivered the opening address at the much-anticipated inaugural edition of the SuperBridge Summit, at Dubai's iconic Museum of the Future. The first-of-its kind summit that highlighted the world's fastest growing economies and the collaborative opportunities that exist, offered a glimpse into the future of business and discussed the potential of AI to stimulate private investment and propel growth forward at a pace unimaginable just a decade ago.

Key Points: 
  • Minister Al Marri underscored why Dubai was the perfect location for the first SuperBridge Summit, commenting: "The global economy is going through immense change and new markets are reshaping the economic landscape with unprecedented growth.
  • The UAE is deeply committed to fostering international cooperation with a knowledge-based and innovation-driven society to benefit this transformation.
  • Day one of the summit provided a unique platform, converging more than 500 investors, business, government, policy and cultural leaders from 20 countries to accelerate investment and co-creation opportunities in hitherto untapped and under-explored markets.
  • Invaluable insights from experts in the private and public sectors ensured a compelling and lively discussion of the key drivers of investment opportunities into untapped markets across the world.