The Executive Yuan has made known its intention to re-revise the Labor Standards Law after amendments passed last year left both employers and employees dissatisfied with the rigidities it imposed on working hours, overtime pay, and other working conditions. A new draft is expected to be submitted to the Legislative Yuan in November. AmCham Taipei…
With a gala reception attended by nearly 100 members and guests, the American Chamber of Commerce in Taipei on September 14 celebrated the 66th anniversary of its establishment. The event was held at The Penthouse located on the 16th floor of the Eslite Hotel, where attendees enjoyed a light buffet dinner and spectacular night views…
Each year in recent years, the “Messages to Washington” section of AmCham Taipei’s annual Taiwan White Paper has strongly argued in favor of more frequent high-level visits to Taiwan by U.S. government officials. As stated in the 2017 White Paper, “it has been the Chamber’s experience that periodic visits by high-level officials can make a…
In order to develop Taiwan’s stock market into a world-class bourse, the Taiwan Stock Exchange Corp. (TWSE) has been making a concerted effort to encourage Taiwanese-invested companies abroad to return to Taiwan for share listing. The results so far have been very promising. In 2008, the government began permitting foreign enterprises to carry out initial…
Each spring when The American Chamber of Commerce in Taipei (AmCham Taipei) publishes the latest edition of its Taiwan White Paper, it reviews the issues raised by its various committees in the previous year’s edition. The committees assign each issue a number representing the degree of progress over the past year. A (1) is the…
AmCham Taipei’s 2017 Golf Championship, held May 12 at the Kuo Hua Golf & Country Club in Beitou, saw a total of 55 golfers on 14 teams gather for a day of friendly competition and fun. With a full shot-gun start, all players teed-off promptly at 6:30 a.m., following the Texas Scramble based on Peoria…
Recognizing that the challenges facing Taiwan’s pharmaceutical market are inextricably linked to the structure and soundess of the overall healthcare system, the board of the International Reasearch-based Pharmaceutical Manufacturers Association (IRPMA) last year decided to prepare a comprehensive set of recommendations for shaping the next generation of Taiwan’s healthcare. The Association commissioned consultancy PwC Taiwan…
Among the flurry of executive orders signed by U.S. President Donald Trump since taking office was one issued March 31 aimed at reducing the American trade deficit with countries with which the United States runs a significant trade imbalance. The order assigns the Secretary of Commerce and Office of the U.S. Trade Representative (USTR) –…
“Robust intellectual property (IP) protection is vital for biopharmaceutical innovation,” stresses a recently released report from Geneva Network, a UK-based public policy research and advocacy organization specializing in international intellectual property, health, and trade issues. The report – written by Geneva Network researcher Jack Ellis, a former Asia-Pacific editor of Intellectual Asset Management magazine –…
Cigna Corporation has been providing life and supplemental health insurance – and peace of mind – to consumers in Taiwan for the past 27 years. Now Cigna is exploring opportunities to expand beyond insurance to provide health and wellness services in Taiwan leveraging Cigna Corporation’s global health expertise and best practices in other markets around…
