Taiwan has one of the world’s most efficient, accessible, and effective healthcare systems, offering quality care at affordable prices. Yet despite this success, the rapid aging of Taiwan’s population is presenting an unprecedented challenge to Taiwan’s National Health Insurance (NHI) system. According to the National Development Council, this year 14% of Taiwan’s population will be…

Most member companies of the Chamber are optimistic about Taiwan’s economy and their own profitability over the next three years, but business leaders have serious concerns about energy, the labor law and the way regulations are made. Those were the major findings of the 2018 Business Climate Survey, conducted for AmCham by PwC Taiwan. The…

After much controversy, a revised Labor Standards Law has now been enacted in Taiwan.

BY NATHAN SNYDER AND JEFFREY LIEN Early this year, Taiwan’s legislature passed a set of amendments to the Labor Standards Act (LSA), Taiwan’s core statute governing labor and employment. These amendments, which were officially implemented on March 1, 2018, feature changes intended to provide greater flexibility to employers whose business needs may make compliance with the…

Finding new treatments for difficult to cure diseases Devoted to improving local education and medical care Although Chicago-based AbbVie was founded only five years ago, its performance in delivering new drugs for hard-to-treat diseases and its dedication to improving local medical services and education have quickly received global attention. “Our goal is to provide groundbreaking…