Taiwan aims to pursue financial technology innovation, but over-regulation continues to block the needed experimentation and flexibility. Technological advances are increasingly transforming every aspect of financial services, a phenomenon that has given rise to the term “fintech,” short for financial technology. In Taiwan, the Financial Supervisory Commission (FSC) in 2015 established a Fintech Office to…

The government is moving cautiously – some developers think too cautiously – in promoting what could become a major new industrial sector. Offshore wind-power development is a huge undertaking. Enormous turbines fixed on gigantic masts rise 150 meters above the sea, with foundations reaching 50 meters into the waters below. The generating capacity of each…

The use of agricultural land will be needed to provide sufficient area, but regulations governing farmland are stringent.  Taiwan’s rural Yunlin County, traditionally one of the island’s least developed areas, is virtually booming with solar panels. Every third farmhouse or barn seems to be covered in solar panels. And where locals once eyed solar-power purveyors…

But capturing the possibilities will require a difficult shift in focus from hardware and assembly to software, plus a change in regulatory mindset. Long before there was Facebook, YouTube, or Instagram, Taiwan had an active social network of its own: the PTT bulletin board system (BBS). National Taiwan University student Ethan Tu founded PTT in…