Banks remain cautious about embracing full-throated digitization. Customers of Taiwan’s domestic banks sometimes feel like they’re in a time warp. Basic savings accounts often are not automatically equipped with online banking – customers have to request that service. And in many cases, the standard means of tracking account activity is a passbook that must be…

The Five Shortages refers to Taiwan’s lack of sufficient land, water, power, manpower, and talent to meet its need for continuing economic growth. The term was first coined by the Chinese National Federation of Industries (CNFI) in its 2015 white paper, and the umbrella organization of Taiwanese manufacturing associations continues to call upon the government…

Companies need to pay proper attention to trademark registration and licensing on a global basis. By Richard L. Thurston and Christopher M. Neumeyer Strategies that companies employ to increase revenue and improve competitiveness often focus on promoting and protecting a company’s image, reputation, and branding. An obvious cornerstone of such strategies is the strategic development,…

Michelin Guide Comes to Taipei The Michelin Co. formally launched its Michelin Guide Taipei on March 14, awarding stars to 20 restaurants. Only one, the Cantonese restaurant Le Palais in the Palais de Chine Hotel, received the coveted three-stars rating, signifying “exceptional cuisine worth a journey,” according to the Michelin standard. Two restaurants – Japanese…