Briefings of Economic Division duties:
- Bilateral and multilateral cooperation in economic and trade issues between Taiwan and Malaysia.
- Conduct promotion projects to further explore Malaysian market.
- Assist governmental or institutional economic and trade visiting delegation from both Taiwan and Malaysia.
- Compiling Malaysia’s investment climate introductory & economic annual report.
- Assist in facilitating investment and resolving trade disputes between Taiwan and Malaysia.
- Assist Taiwan customs authority to investigate country of origin & price transaction.
- Real time business information collection and report.
- Collect various economic, trade and regulatory information in Malaysia
- Conduct Taiwan business association related counseling services
- Assist in providing Taiwan-Malaysian private investment consulting and business opportunity search
- Other administrative business and economic and trade-related business entrusted by various domestic agencies and organizations
Important Economic and Trade organization in Malaysia:
- Investment regulation and incentives:
Malaysian Investment and Trade
https://www.miti.gov.my/index.php
Malaysian Investment Development Authority:
- National Pharmaceutical Regulatory Agency (NPRA), Ministry of Health Malaysia: https://www.npra.gov.my/index.php/en/
- Commercial Laws and Business Registration:
Companies Commission of Malaysia: https://www.ssm-einfo.my/index.php
- Taxation Regulation:
Ministry of Finance: https://www.mof.gov.my/portal/en
Inland Revenue Board of Malaysia: https://www.hasil.gov.my/en/
- Labor Regulations:
https://www.malaysia.gov.my/portal/content/30709
- Export Import Regulations
Royal Malaysian Customs: https://www.customs.gov.my/en/pages/main.aspx
National Pharmaceutical Regulatory Agency: https://www.npra.gov.my/index.php/en/
- Federations:
Federation of Malaysian Manufacturers: https://www.fmm.org.my/
Taiwan Chamber of Commerce and Industry in Malaysia: https://www.twcham.org.my/
The Associated Chinese Chambers of Commerce and Industry of Malaysia:
- Statistics:
Bank Negara Malaysia: https://www.bnm.gov.my
Department of Statistics Malaysia: https://www.dosm.gov.my/
Economic Census: http://economiccensus.dosm.gov.my/ec2/index.php/en/
Malaysia External Trade Development Corporation: https://www.matrade.gov.my
- Trade Information and News:
International Trade Administration, MOEA
https://www.trade.gov.tw/english/Pages/List.aspx?nodeID=4663
The Edge Malaysia: https://theedgemalaysia.com/
BFM 89.9 (English Radio Station): https://www.bfm.my/
News Straits Times: https://www.nst.com.my/
Malaysian National News Agency:
News Straits Times: http://www.nst.com.my
Malaysian National News Agency:
Contact Information:
Director: Mr. James Y. C. Chang
Economic Division, Taipei Economic and Cultural Office in Malaysia
Tel: 603-2162 0021, 603-2162 2321
Email: malaysia@sa.moea.gov.tw
Bilateral Trade:
(1) Economic and Trade Relations:
According to statistics from Taiwan Customs, the bilateral trade between Taiwan and Malaysia reached USD 24.857 billion in 2023, a decline of 18.7% compared to 2022. Taiwan exported USD 15.167 billion to Malaysia, while importing USD 9.689 billion from Malaysia. Taiwan's major imports from Malaysia include processors and controllers, integrated circuits, machinery and apparatus for manufacturing semiconductors or integrated circuits, and liquefied natural gas.
(2) Investment Relations:
In September 2023, Taiwan's investment in Malaysia amounted to approximately USD 600 million. As of September 2023, Taiwan's investment in Malaysia's manufacturing sector reached USD 14.706 billion, ranking 8th. The main industries invested in include electronics and electrical products, rubber products, metal products, textiles, and furniture.
