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Taiwan¡¯s political status is complicated which control by the Republic of China¡¯s. Taiwan authorities have actively encouraged investment in Southeast Asian nations. The diplomatic relations presents an opportunity to Malaysia to trade with Taiwan. . It makes easier for Noor Arfa to enter the Taiwan market and the risk of failure will be lower. This would open new trading opportunities and helps in promoting our Batik and position ourselves in Taiwan¡¯s market.
Taiwan¡¯s tariff system is based on Harmonized system. As tariff rate been lowered, it benefits Noor Arfa to enter into the market because they can reduce the cost when import the batik to the market. Therefore, more profit will be earned.
Today, Taiwan has a dynamic capitalist economy with gradually decreasing state involvement in investment and foreign trade. That¡¯s mean the decisions regarding investment are made privately, and production and distribution is primary controlled by Noor Arfa each......
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Title: Business Environment
Approximate Word Count: 343
Approximate Pages: 2 (250 words per double-spaced page)
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