The number of small and medium-sized enterprises in Taiwan exceeded 1,67 million last year, setting an all-time record; almost 700.000 SMEs have been established in the last eight years according to figures by the Ministry of Economic Affairs

A mechanism had been set up to facilitate interdepartmental efforts to enable the detention of vessels suspected of sabotage acts in coastal waters, authorities stated, following incident at sea earlier this month

Free single-use toiletries are banned in hotels from today 1 January 2025, for obvious environmental reasons; the move is expected to impact over 14.000 hotel operators on top of the relative supply chain

A large uncrewed aerial vehicle testing facility in Chiayi County will be set to help establish Taiwan's drone supply chain with a greater share of the global market; about 50 companies are already based in the drone R&D center

Lawmakers from all parties agreed on a budget proposal to build a prototype indigenous submarine, despite opposition lawmakers having previously threatened to cut the budget