Transforming Taiwan into a regional biomedical hub will require some creativity. Taiwan’s biomedicine industry has many of the ingredients for success. The island has strong scientific talent, rich clinical-trial experience, abundant capital, a treasure trove of medical data (from the National Health Insurance system), information-technology expertise, and strong intellectual property rights protection bolstered by the…

A robust indigenous defense industry would help Taiwan counter China’s unflagging military buildup. In late June, two Chinese destroyers sailed into Taiwan’s territorial waters. They stayed in the Taiwan Strait for nearly a week, coming within 60 nautical miles of Lamay – an island off of Taiwan’s southwestern coast – before sailing onward. It was…

For a variety of reasons, Singapore and Hong Kong can manage just fine with significantly lower tax rates. Over the years, the business community has made the case that Taiwan’s steep personal income-tax rates discourage the recruitment and retention of outstanding skilled professionals, both foreign and local. Often these individuals opt to live and work…

A leading engineering company seeks to reposition itself. If you’ve ever ridden on the Taipei MRT, filled up your car with gasoline, or even turned on the lights in your home or office, then you’ve experienced the work of Taiwan’s largest engineering services company, CTCI Corp. With annual revenues exceeding US$2.4 billion, and over 40…