Taipei’s focus on asymmetric warfare and dual-purpose technology could lend itself to productive exchanges with former Soviet Bloc nations. Following a seven-year hiatus, Taiwan made a timely return to the Munich Security Conference (MSC) in February 2023. Representing Taiwan at this premier global event was Vincent Chao, a Taipei City councilor with the ruling Democratic…
Ever-cautious regulators aim to minimize risk, even if it comes at the expense of certain market opportunities. Taiwan has maintained an agnostic stance on cryptocurrency, with cautious financial regulators focusing on minimizing the associated risks. An unspoken rule still holds: As long as onshore digital asset providers hold themselves to high standards and avoid becoming…
Scott Roberts is the Corporate Vice President for Taiwan and Southeast Asia at L3Harris Technologies, an aerospace and defense company considered the “trusted disruptor” providing support to the U.S. government and its partners worldwide. Before joining L3Harris, Roberts held similar positions with U.S. defense contractors in the Asia-Pacific region. He also worked with the U.S….
AmCham Taiwan has been a longtime enthusiastic supporter of a proposal that has now taken concrete shape as the Taiwan Fellowship Program, established by an act of Congress in December 2022. Modeled on the Mike Mansfield Fellowship with Japan created by Congress in 1994, the Taiwan Fellowship initiative would annually select up to 10 U.S….
As the world grapples with unprecedented challenges, the resilience of Taiwanese citizens is being put to the test. In April 2021, the Taroko Express train No. 408 derailed as it was about to enter a tunnel in Hualien County, killing 49 people and injuring over 200. It was a disaster that shook the country. Without…
Line Bank, Next Bank, and Rakuten International Commercial Bank face determined incumbent competitors and a saturated retail banking market. With 39 commercial lenders and nearly 3,400 branches for a population of 23.5 million – many of whom have multiple retail bank accounts – Taiwan is often described as “overbanked.” Because many banks are family businesses…
For effective safeguarding of confidential information, companies should proactively promote a protective culture built on clear communication and sound procedures. When it comes to your company’s sensitive private information, an important first step is ensuring that employees and management cultivate a protective culture. Too often, non-disclosure agreements (NDAs) or confidentiality terms are tucked away into…
BY JAMES HILL AND ALEX MYSLINSKI Taiwan’s 2024 GDP Forecast up Exports in January reached US$37.2 billion, a year-on-year (YoY) increase of 18.1%. January was the third consecutive month with a YoY export expansion. Import value came to US$34.7 billion, an increase of 19% YoY. In January, Taiwan’s unemployment rate dropped to 3.3%, the lowest…
The strategic vision for Taiwan’s trade policy is clear: to ensure that Taiwan remains a competitive, innovative, and responsible player in the global economy. Through its comprehensive approach to trade negotiations, the Office of Trade Negotiations (OTN) has embarked on a journey to strengthen bilateral relations and leverage opportunities at a time when the world…
Taiwan is taking strategic cues from Ukraine, recalibrating its defense strategies in the shadow of a looming giant. Russia’s war in Ukraine represents the most significant military confrontation in Europe since the Second World War, setting precedents for future understandings of warfare. In many ways, Taiwan finds itself in a similar situation as Ukraine before…
