A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taipei’s TOPICS Bicycle Manufacturers See Major Change of Fortunes in Second Half As markets in the West have successively reopened, skyrocketing demand for bicycles and components has left manufacturers in Asia scrambling to keep up. Orders are backed up through…

With a focus on driverless public transportation, the government and local industries have been collaborating to put more AVs on the road, using extensive testing to ensure safety. Driverless cars have proven harder to make than many people initially thought. Fully autonomous vehicles (AVs), which require zero human attention and don’t even have steering wheels,…

Strong demand for the service could help offset the hit to Uber’s ride-hailing business as a result of the pandemic.  The two aspects of Uber’s operations in Taiwan show the very different effects that the coronavirus pandemic can have on business.  With few foreign tourists around since Taiwan closed its borders to non-residents on March…

As Taiwan looks for ways to revitalize its international tourism industry once the coronavirus pandemic eases, part of the effort may be to implement what is known as a Destination Management Organization (DMO) program. The Travel and Tourism Committee section of AmCham Taipei’s 2020 Taiwan White Paper applauded the Taiwan Tourism Bureau’s plans to implement…

Starting a business is no easy task, especially if, like Z&A Managing Director William Zyzo, you’re a foreigner in Taiwan with a background in the humanities. Nevertheless, he has found joy in the challenges of launching and consistently revamping his management solutions company in his adopted home of Taipei. A dedicated lifelong learner, William has…

Taishin Acquires Prudential Taiwan Taiwanese financial services firm Taishin Financial Holdings announced in August its 100% acquisition of Prudential Life Insurance Company of Taiwan for NT$5.5 billion (US$186.24 million). The deal comes after a series of bids were submitted to purchase the New Jersey-based insurance company’s Taiwan subsidiary, which has a staff of 700 sales…

Audrey Tang shared her thoughts with Taiwan Business TOPICS on the intersection between technology and governance.  In Taiwan, there is no official government title of “Digital Minister,” yet that is what is engraved on the plaque on the wall adjoining Audrey Tang’s office in the Executive Yuan. In fact, as she tells Taiwan Business TOPICS,…

What a “Digital Ministry” Could Mean for Taiwan

While plans for new digital agency are still being deliberated, both government insiders and industry players are weighing in on what form it should take and what its mandate should be. For an economy as heavily dependent on technology as Taiwan’s, fostering digital and technological transformation is increasingly vital. The government’s plans to establish a…