The Taipei Innovative Textile Application Show, a sourcing hub for innovative textiles, began at the Taipei Nangang Exhibition Center yesterday with ecofriendly and functional fabrics on display.
Vice President Hsiao Bi-khim (蕭美琴) spoke at the opening ceremony before spending an hour visiting booths set up by domestic exhibitors.
Hsiao said she was pleased to be a spokeswoman for Taiwan’s textiles, given that the industry was the main driving force of Taiwan’s “economic miracle” over the past few decades.
Photo: CNA
“The chip industry is very important, but we can’t only focus on chips,” she said, adding that old-economy sectors also need the support of government policies and incentives to help tackle issues such as labor shortages and green energy availability.
The vice president described herself as a big fan of Taiwan’s textile and fiber products.
“Many of my suits are made of MIT [Made in Taiwan] functional fabrics,” she said, among them the suit she wore at the inauguration ceremony for her and President William Lai (賴清德) on May 20 and the outfit she was wearing yesterday.
Hsiao’s dress at the inauguration event and the suit she wore at the trade show were made using Eclat Textile Co (儒鴻) functional fabrics, industry sources said.
Among the exhibitors at the three-day show are firms that make low-carbon fabrics, with suppliers including Far Eastern New Century Corp (遠東新世紀), Formosa Plastics Group (台塑集團), Lealea Group (力麗集團), Nan Pao Resins Chemical Co (南寶) and New Fibers Textile Corp (新纖實業) showcasing green fiber and textile products.
Nan Pao Resins Chemical chief executive officer Elic Hsu (許明現) said the focus of the company’s display this year is a special fabric that is sweat-resistant, has a soft feel and is composed of up to 53 percent biomaterial content.
It should enter mass-production next year, Hsu said.
At the opening ceremony, Lealea Group chairman James Kuo (郭紹儀), who is chairman of the Taiwan Textile Federation, the event’s organizer, said that the trade show was one of the most important annual events of the domestic textile industry.
This year, 385 manufacturers are participating, included a record 75 overseas exhibitors, signaling that the event has earned the recognition of international peers, Kuo added.
More than 70 international brands have been invited to participate in private meetings with local manufacturers, and visiting delegations from South Korea, Vietnam, India, France and other countries have also been invited to the show, Kuo said.
‘SWASTICAR’: Tesla CEO Elon Musk’s close association with Donald Trump has prompted opponents to brand him a ‘Nazi’ and resulted in a dramatic drop in sales Demonstrators descended on Tesla Inc dealerships across the US, and in Europe and Canada on Saturday to protest company chief Elon Musk, who has amassed extraordinary power as a top adviser to US President Donald Trump. Waving signs with messages such as “Musk is stealing our money” and “Reclaim our country,” the protests largely took place peacefully following fiery episodes of vandalism on Tesla vehicles, dealerships and other facilities in recent weeks that US officials have denounced as terrorism. Hundreds rallied on Saturday outside the Tesla dealership in Manhattan. Some blasted Musk, the world’s richest man, while others demanded the shuttering of his
ADVERSARIES: The new list includes 11 entities in China and one in Taiwan, which is a local branch of Chinese cloud computing firm Inspur Group The US added dozens of entities to a trade blacklist on Tuesday, the US Department of Commerce said, in part to disrupt Beijing’s artificial intelligence (AI) and advanced computing capabilities. The action affects 80 entities from countries including China, the United Arab Emirates and Iran, with the commerce department citing their “activities contrary to US national security and foreign policy.” Those added to the “entity list” are restricted from obtaining US items and technologies without government authorization. “We will not allow adversaries to exploit American technology to bolster their own militaries and threaten American lives,” US Secretary of Commerce Howard Lutnick said. The entities
Minister of Finance Chuang Tsui-yun (莊翠雲) yesterday told lawmakers that she “would not speculate,” but a “response plan” has been prepared in case Taiwan is targeted by US President Donald Trump’s reciprocal tariffs, which are to be announced on Wednesday next week. The Trump administration, including US Secretary of the Treasury Scott Bessent, has said that much of the proposed reciprocal tariffs would focus on the 15 countries that have the highest trade surpluses with the US. Bessent has referred to those countries as the “dirty 15,” but has not named them. Last year, Taiwan’s US$73.9 billion trade surplus with the US
Prices of gasoline and diesel products at domestic gas stations are to fall NT$0.2 and NT$0.1 per liter respectively this week, even though international crude oil prices rose last week, CPC Corp, Taiwan (台灣中油) and Formosa Petrochemical Corp (台塑石化) said yesterday. International crude oil prices continued rising last week, as the US Energy Information Administration reported a larger-than-expected drop in US commercial crude oil inventories, CPC said in a statement. Based on the company’s floating oil price formula, the cost of crude oil rose 2.38 percent last week from a week earlier, it said. News that US President Donald Trump plans a “secondary
RSS