U car — Members of hospitality industry organizations demonstrate to show their concern over the drop-off in Chinese tourists. photo: cna

Tourists and Taiwan residents alike have cheered Taipei City’s YouBike bike-sharing program. The bikes provide a convenient, inexpensive and eco-friendly way to get around Greater Taipei. The program has been expanded to Hsinchu, Taichung, and Changhua, and the Taiwan government hopes to eventually export it as a turnkey solution to other countries. Encouraged by YouBike’s…

Ill-Gotten Assets Body Targets KMT HQ The Ill-gotten Assets Settlement Committee under Chairman Wellington Koo announced that the KMT must transfer its shares of Central Investment Co. and its subsidiary Hsinyutai Co. to the government after it was determined that these companies were illegally obtained assets. The Committee acts under legislation that aims to return…

FILE - In this Saturday, Feb. 7, 2015, file photo, a ground mechanic works on the engine area of a TransAsia Airways ATR airplane at the Songshan Airport in Taipei, Taiwan. Taiwanese airline TransAsia has announced it is shutting down following financial losses and two fatal crashes. TransAsia chairman Vincent Lin said Tuesday the airline, which served cities in China, Japan and Southeast Asia, was unable to reverse widening losses or raise additional money. (AP Photo/Wally Santana, File)

TransAsia Airways Ceases Operations Domestic airline TransAsia Airways declared it insolvency on November 22, after years of lackluster sales and revenue losses and two horrific crashes within a seven-month period that killed more than 90 people. The airline’s CEO, Liu Tung-ming, said that the executive team had looked at various options including a sale, restructuring,…

Worries about Trump, as Trade Inches Upward The election of Donald Trump as U.S. president has created anxieties in many countries around the world, as exporting nations worry that Trump’s protectionist leanings will impact global trade. Taiwan is among the most trade-dependent nations in the world, with exports totaling US$280 billion in 2015, equivalent to…

Over the past quarter century, Taiwan has become a far freer and much more tolerant society. The authorities no longer promote a single culture, that of the Han Chinese people. Instead, the Austronesian culture of Taiwan’s indigenous people and Japanese influences from past colonial rule that have helped make modern Taiwan the diverse and fascinating…

This is a special supplement to the December 2016 issue of Taiwan Business TOPICS, sponsored by the AmCham Taipei Medical Devices Committee. The full PDF document is available for download here. Table of Contents:  Preface, Challenges and Opportunities The Value of Technology Streamlining the Medical Device Registration Process Referencing Japan Strengthening the Pricing and Reimbursement…

Corning Incorporated celebrated the 10th anniversary of the Corning Research Center in Taiwan by hosting the Corning Innovation Forum in coordination with Global Views Monthly Magazine. Themed “Innovation: Connecting to the future,” the Forum invited industry experts from the Institute for Information Industry (III), Ford Lio Ho Motor Co., and the Ministry of Health and…