For many foreign-invested firms, looking after the Taiwan market is not the only way they contribute to their parent companies. Despite its medium-sized population of 23 million people, Taiwan has come to play an outsized role for multinational corporations in certain industries. And as a number of AmCham Taipei member companies have discovered, a presence…

State coffers are benefiting from a rise in tax revenue, but Taiwan’s tax-to-GDP ratio remains among the lowest in the developed world. Revisions to tax policy are bringing increased revenue into Taiwan’s national treasury, giving a boost to public finances as the government grapples with ballooning debt and anemic economic growth. Analysts and the government…

Expeditious reform of the public finance system is necessary to prevent mounting debt from crimping future economic growth. Taiwan’s public finances are increasingly strained by debt, aggravating the island’s fiscal woes as it struggles with flagging exports and weak GDP growth. Last year, the central government’s debt reached NT$5.28 trillion (US$161 billion). At 35.85% of…

A new association has been established to speak for industry on this vital topic. The ability to protect proprietary technology against misappropriation by competitors is of utmost importance to the kinds of high-tech manufacturing industries critical to Taiwan’s economic success. Both multinational and domestic companies operating here have suffered from attempts by unethical rivals in…

Many U.S. university students spend the summer break honing their skills by serving with American companies or institutions in Taiwan.   Every summer, multinational corporations, non-profit organizations, and government bodies in Taiwan invite university students from abroad to intern in their Taiwan offices. These interns are tasked with a variety of responsibilities ranging from as…

In an increasingly unfavorable overall environment of declining exports and anemic domestic consumption, Taiwan needs to be taking advantage of all possible ways to reinvigorate its economy. One policy suggestion that appears on almost every list of potential solutions is to heighten Taiwan’s capability to attract foreign direct investment. Although FDI is often mainly thought…

More bad news for Taiwan’s premier smartphone manufacturer HTC Corp. as the Taiwan Stock Exchange has removed HTC from its Taiwan 50 index following plummeting share prices. HTC’s share price, which declined 66.5% over the year on losses stemming from heightened competition and eroded earnings, was NT$61.50 as of September 23. The smartphone vendor will…

Hsinchu-based fabless semiconductor firm Mediatek Inc. announced that it will acquire power management chipmaker Richtek Technology Corp. for some NT$28 billion (US$857 million) in cash. According to a statement issued by company chairman Tsai Ming-kai, the move is in response to a spate of mergers and acquisitions that signals “the semiconductor industry is consolidating in…