Prospect of Malaysia as the Gateway for Taiwan’s New Southbound Policy (NSP) Push

Written by Karl Chee Leong Lee. Despite lingering pessimism surrounding the impact of COVID-19 on Southeast Asia’s economy, Malaysia has unexpectedly enjoyed a new wave of Taiwanese investment. According to official figures released by the Malaysian Investment Development Authority (MIDA) last April, the value of inbound manufacturing-based investment from Taiwan has increased seven-fold. In 2019 Taiwan became the fourth largest FDI source for Malaysia’s manufacturing sector after China, the US and Singapore.

Beyond Economics: The Value and Meaning of the New Southbound Policy

Written by Dr. Alan H. Yang and Tung Cheng-Chia. Great power competition between the United States and China has intensified under the backdrop of the Covid-19 pandemic. Whether in the World Health Organization or the United Nations, this intensification is compelling states to reorient their political alignment. Taiwan needs to reflect on and strategically reposition itself in this geopolitical tug-of-war. A top priority for the island-nation is to strengthen its links and influence in Asia.

WHY TAIWAN’S NEW SOUTHBOUND POLICY SHOULD STEER CLEAR OF AMERICAN GEOPOLITIK

Written by Corey Bell.
The 2019 Yushan Forum, hosted earlier this month by the Taiwan-Asia Exchange Foundation, lived up to its hype as a major forum on Asian trade and security. In a major coup, this year’s programme succeeded in attracting a number of prominent speakers, including Taiwan’s President Tsai Ing-wen, who delivered the event’s opening address, her Vice President Chen Chien-jen, India’s former foreign secretary Shivshankar Menon, and Sandra Oudkirk, the U.S. State Department’s Deputy Assistant Secretary for Australia, New Zealand and the Pacific Islands.

Spoken at Home and in the Market: The Shifting Perceptions towards Southeast Asian Languages in Taiwan

Written by Isabelle Cheng. The New Southbound Policy (NSP) envisaged a joint force between the government and the private sector for forging ‘strategic partnerships’ with 18 states in Southeast and South Asia, Australia and New Zealand. Although being global-minded and aspiring to regional leadership, the NSP also entertained its domestic audience by promising to deliver the benefits of globalisation at home. A tool for realising this goal is the government’s authorisation of public funds for teaching of Southeast Asian languages

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