More and more Taiwanese companies are investing there, despite often challenging business conditions.   As the China market matures, bringing higher production costs, many Taiwanese companies are looking for the next big site for their offshore operations. India, which the Taiwan government has included within the scope of its New Southbound policy, is among the…

The major new development is creation of Taiwania Capital Management, a government-backed venture-capital operation. Among the seven industries targeted in the government’s “5+2 Industrial Innovation Program,” the one starting with the strongest foundation is smart machinery. Overall machinery production value this year could break the NT$1 trillion (about US$33 billion) mark for the first time,…

Taiwan is preparing to join APEC’s Cross-Border Privacy Rules system. Last year Taiwan (or “Chinese Taipei” as it is known within APEC, the Asia Pacific Economic Cooperation forum) announced plans to prepare to join the group’s Cross-Border Privacy Rules (CBPR) system designed to facilitate the flow of data across the Asia-Pacific region. To participate in…