Latest news with #Taitra
The Star
25-06-2025
- Business
- The Star
Taiwan's green solutions on show
(From right) Ng touring the expo grounds accompanied by Yeh and Wang. — RAJA FAISAL HISHAN/The Star HALAL bubble tea-flavoured popcorn and eco-friendly pet food packaging that can be turned into a cat toy are among displays at the eighth edition of Taiwan Expo 2025. Organised by the International Trade Administration and Taiwan External Trade Development Council (Taitra), the three-day event is part of a flagship global platform to showcase the best of Taiwan's innovation and manufacturing. At Halls 4 and 5 of Kuala Lumpur Convention Centre, over 200 companies have been showcasing products and solutions under five key themes. These are Artificial Intelligence (AI) and Industry 4.0, Health and Wellness, Green and Sustainable, Smart Lifestyle as well as Culture and Tourism. Visitors admiring a display of Taiwanese food and beverage items, such as pineapple-based snacks, mochi, noodles and black sesame based-drinks. 'Thirty-two companies, or 16% of the exhibitors, are leading AI firms from Taiwan. 'We hope that through AI, technology and mutual cooperation, these companies can contribute to the realisation of Malaysia's New Industrial Master Plan 2030,' said Taitra president and chief executive officer Simon Wang at the expo's opening ceremony. 'Beyond semiconductors, AI is one sector that offers the most potential for deeper collaboration between the two countries. 'Taiwan has a complete AI ecosystem that includes integrated circuit design, manufacturing, packaging, testing and AI servers to satisfy the needs for cloud computing. 'There are also Taiwanese companies that offer solutions for smart manufacturing, including those with energy-saving and sustainable functions,' he said. According to the Malaysia External Trade Development Corporation (Matrade) and Taipei Economic and Cultural Office in Malaysia, RM176.1bil in bilateral trade was recorded in 2024. This represented a 38.5% growth in 2023 and has made Taiwan Malaysia's fourth largest trading partner. Bilateral trade grew by 36.8% in the first five months of 2025, compared to the same period last year. Present at the expo's opening ceremony were Selangor investment, trade and mobility committee chairman Ng Sze Han and Taipei Economic and Cultural Office in Malaysia representative Phoebe Yeh. The Federation of Malaysian Manufacturing president Tan Sri Soh Thian Lai and Matrade's China, Northeast Asia, Asean and Ocenia director Mazlan Harun also attended the expo. Present too were Taipei Economic and Cultural Office in Malaysia economic division director James Chang, Taiwan chamber of commerce and industry in Malaysia vice-president Tsai Hsin Tien, Malaysia Convention and Exhibition Bureau convention and exhibition director Noor Azlan Abu Bakar, Malaysian Investment Development Authority foreign investment division director Lim Ming Yee and International Trade and Industry Ministry bilateral economic and trade relations division director Dr Ang Li Ling. Open from 10am to 6pm, the expo ends today. Visitors can enter for free upon registration. For details, visit
New Straits Times
10-06-2025
- Business
- New Straits Times
Malaysia, Taiwan see growth potential in ICT, semiconductors
KUALA LUMPUR: Malaysia's strength in electronics and information technology manufacturing aligns with Taiwan's expertise in information and communication technology (ICT) design, making them complementary partners. Taiwan External Trade Development Council (Taitra) deputy executive director of market development Keven Cheng said both countries have opportunities to collaborate in areas such as artificial intelligence (AI), software development, green technology, healthcare and ICT design. "We are good at ICT design. Malaysia is very strong in the semiconductors sector, especially testing," Cheng said at the launch of the Taiwan Expo 2025. "Under the current geopolitical and supply chain shift, we can cooperate and create more synergy, especially in semiconductors, ICT, advanced manufacturing, green energy and intelligent healthcare." Cheng said the Taiwan Expo in Malaysia has drawn over 1,200 Taiwanese companies since its debut in 2017 and attracted about 160,000 visitors, generating more than US$400 million in business. "In today's evolving global supply chain, Taiwan's advanced technologies in AI, smart healthcare, and sustainability align closely with Malaysia's development blueprint for the next phase of industrial growth towards net-zero emissions. "There is significant potential for collaboration between both countries to build a sustainable, technology-driven future," he said. Taipei Economic & Cultural Office in Malaysia representative Phoebe Yeh, said bilateral trade between Malaysia and Taiwan reached US$39.1 billion in 2024, a record 38.5 per cent increase year-on-year. She said Taiwan is Malaysia's fourth largest trading partner, and its investment in Malaysia more than doubled during the same period to US$1.29 billion. "This makes Taiwan the seventh largest source of direct foreign investment in Malaysia. "Currently, over 1,700 Taiwanese companies have significant investments in Malaysia, underscoring the strong economic ties between the two partners," she said. Taiwan Expo 2025 will be held from June 23 to 25 at the Kuala Lumpur Convention Centre, marking its eighth edition in Malaysia. Over 200 Taiwanese exhibitors are expected to showcase products and services focused on five themes namely, AI & Industry 4.0, health and wellness, green and sustainability, smart lifestyle, and culture and tourism. The expo will also feature 10 thematic pavilions, five industry zones, business matching sessions, an AI seminar and workshops.
