By Dexter Murray and Aimee Wu VP Lai Attends Honduras Inauguration Ceremony Taiwan Vice President William Lai led a delegation to attend the inauguration ceremony of newly elected president of Honduras Xiomara Castro in January. Lai’s U.S. counterpart, Kamala Harris, was also present at the event. Harris spoke briefly with Lai during Castro’s inauguration, the…
Rahil Ansari’s resumé tells a story of a man who seizes opportunities. Born and raised in Germany with a trilingual background, Ansari spent his university years studying an international program that took him to Aachen in Germany, France, Sweden, and New York before landing his first job at a Dutch health manufacturer in Amsterdam. “It…
A global shift in the auto industry toward electric has encouraged a number of Taiwanese startups and traditional electronics makers to seek out new market opportunities by focusing more production on EV components and systems. Some, such as tech hardware giant Foxconn, hope to design and sell complete EVs, competing with established industry players. Taiwan…
Taiwan’s economy has demonstrated its resilience during the past two years of the pandemic, thanks to strong demand for the island’s exports. In the long term, however, some reforms to monetary policy are needed as Taiwan faces the dual challenges of a hot housing market and an aging population. While post-pandemic inflation continues to impact…
From installing the world’s first safety elevator in the New York Crystal Palace to creating seamless elevator experiences for humans and robots, Otis has a remarkable track record of invention. Today, the company moves over two billion people a day. Whether in the Empire State Building, the Eiffel Tower, or the Lotte World Tower, Otis…
In a recent online panel hosted by the Carnegie Endowment for International Peace and joined by AmCham Taiwan President Andrew Wylegala, former Assistant U.S. Trade Representative Barbara Weisel put Taiwan’s chances of concluding a bilateral trade agreement (BTA) with the U.S. at “zero,” at least in the near term. Weisel noted that the appetite in…
At the end of February, as Taiwan observed its annual Peace Memorial Day and much of the world was reeling from the crisis in Ukraine, it cheered me to learn that a new NGO is working to help minimize global shocks. The Reform for Resilience (R4R) Commission was launched globally two years ago to tackle…
By Dexter Murray and Aimee Wu Taiwan to Ease Border Restrictions As the latest domestic outbreaks of the COVID-19 Omicron variant are largely under control and vaccination rates are high, the Central Epidemic Command Center (CECC) has announced plans to gradually reopen Taiwan’s borders. From March 7, the quarantine period for international travelers entering Taiwan…
By Dexter Murray and Aimee Wu Balancing GDP Growth with Rising Costs in 2022 After last year’s GDP growth of over 6%, the Directorate General of Budgeting, Accounting and Statistics (DGBAS) forecast last month that Taiwan’s economy will grow 4.42% in 2022, an upward revision from the 4.15% it projected in November. While demand for…
