The China Post
Date: November 21, 2017
By: Liao Yu-yang and Kuan-lin Liu
TAIPEI (CNA) – The latest data from the Ministry of Economic Affairs Investment
Commission (MOEAIC) indicates that the number and value of inward and outward investments involving countries targeted by the government’s New Southbound Policy saw year-on-year increases in the first 10 months of 2017.
According to data released by the commission on Monday, there were 107 investment projects in related countries from January to October.
This figure represents a 1.5 percent increase in a number of projects for the same period of last year, while the amount invested was NT.484 billion (US.84 million), representing a 99.51 percent year-on-year increase.
Countries that saw the highest increases in investment include Australia, Thailand, the Philippines, Malaysia and Indonesia, all of which saw more than 100 percent year-on-year increases. [FULL STORY]