SUVs and imported luxury cars provided much of the market momentum. For Taiwan’s automotive sector, 2016 was a year of respectable growth in the face of a challenging economy, with the emergence of new trends and customer preferences. An injection of open-minded young buyers interested in luxury and/or utility is giving further impetus to an…

State Department official brings message of entrepreneurship and innovation. The U.S. State Department’s Acting Representative for Global Partnerships, Thomas Debass, took part in a series of programs during a visit to Taiwan in mid-November in connection with Global Entrepreneurship Week. In line with Taiwan’s objective of developing an “Asian Silicon Valley” to promote innovative industries,…

The domestic companies, which focus mainly on the replacement market, are small but highly efficient producers. Taiwan might be better known for its massive high tech companies such as TSMC, Quanta Computer, and Compal Electronics, but most of Taiwan’s economy is driven by small and medium sized enterprises (SMES) in an array of relatively low-tech…

The sharing economy relies on shared production or consumption of goods and services, in contrast to the mainstream systems of private ownership. It originated in early Web-based non-profit initiatives such as Wikipedia and Couchsurfing. The first large-scale bike-sharing system was established in Lyon, France in 2005. Taiwan’s own YouBike program was launched in Taipei City…

The company’s Taiwan business is still growing despite being in regulatory limbo and facing mounting opposition from lawmakers and the taxi industry. Brittany Holtsinger swears by Uber. The Taipei-based digital marketing strategist uses the ride-hailing app four to five times a week, opting for a taxi only when Uber’s rush-hour surcharges make its prices less…