ECCT directors give their predictions for the year ahead and what trends to watch
By Duncan Levine
The annual report, produced by Michael Page in association with the ECCT, was released at a Premium Event lunch. A summary of the report’s highlights was presented at the lunch by the guest speakers. After the lunch the report was released to the media at a press conference.
The ECCT's Low Carbon Initiative cooperated with CommonWealth Magazine to arrange the full-day forum, which was recorded live for broadcast later.
A ban on the use of disposable tableware at restaurants and food courts in shopping malls will take effect in 10 municipalities in Taiwan next year, the Environmental Protection Administration (EPA) said.
The Chung-Hua Institution for Economic Research (CIER) has cut its forecast for Taiwan's gross domestic product (GDP) for 2020 to 1.03% to account for the impact of the coronavirus pandemic.
At the event co-hosted with ICRT, guest panellists discussed the outlook for the forthcoming presidential and legislative elections on January 2020.
Taiwan's Directorate General of Budget, Accounting & Statistics (DGBAS) has cut its official 2020 forecast for Taiwan's Gross Domestic Product (GDP) by 0.11 percentage points to 1.56%, following lower than expected growth in the first half of 2020.
The International Monetary Fund (IMF) raised its forecast for Taiwan's gross domestic product (GDP) for 2020, on the grounds that Taiwan is performing better than most other countries at dealing with the health and economic impact of the Covid-19 pandemic.
One of the world's biggest computer and technology trade shows - Computex - has been cancelled amid fears over the continuing spread of Covid-19 in other parts of the world.
The ECCT was the co-organiser of the three-day 2020 Global Offshore Wind Summit Taiwan - Virtual together with the Global Wind Energy Council (GWEC).
The ECCT hosted the 2020 ECCT EU-Taiwan telecom forum for the sixth time since 2009 with the theme of “5G - Opportunities and challenges in the new decade”.
Tsai Ing-wen wins second term
Taiwan's President Tsai Ing-wen has secured a second term after sweeping to victory in an election dominated by the island's relationship with China. Tsai secured just over 57% of the ballot, which was a record 8.2m votes, well ahead of her rival Han Kuo-yu from the opposition Kuomintang party (KMT).
The EU has revised down its official growth forecast for 2020 to account for the drop in economic activity from the coronavirus pandemic.
The ECCT's 2020 Position Papers were officially released at a Premium Event lunch.
A copy of the annual publication was officially handed over by ECCT Chairman Giuseppe Izzo to the Taiwan government, represented by Chen Mei-ling, Minister of the National Development Council (NDC). The event was also attended by around 100 guests, including board directors, committee chairpersons, European trade office representatives and other ECCT members. A summary of the main theme and overview were presented at the event by the chairman. Following the lunch, the papers were released to the media at a press conference, which was attended by around 30 journalists from print, television and online media groups.
The ECCT's 2020 Europe Day Dinner was attended by over 600 distinguished guests including President Tsai Ying-wen, Filip Grzegorzewski, Head of the European Union's (EU) European Economic and Trade Office (EETO) in Taiwan, senior government officials and executives from European and Taiwanese companies.