In recent weeks, Western media outlets have given considerable attention to speculation about the impact the COVID-19 crisis might have on Chinese governance once the situation has been brought under control. Few, if any, however, have looked at the consequences for Taiwan. With its isolation from much of the international community, including such crucial organizations…

Yu Shyi-kun Elected Legislative Speaker Former Premier Yu Shyi-kun, a newly elected Democratic Progressive Party legislator-at-large, was elected Speaker of the Legislative Yuan on February 1. He succeeds two-term Speaker Su Jia-Chyuan, who decided not to run again after his wife, Hung Heng-chu, announced her bid for legislator representing Pingtung County on the DPP ticket…

Cigna Taiwan General Manager and CEO Tim Shields doesn’t mind making mistakes and encourages his team members to make them, too, as long as they can turn those mistakes into learning experiences. A native of Edinburgh, Scotland, Tim has been working in insurance for almost three decades, the vast majority of that time spent in management roles internationally. Taiwan is…

When Taiwan’s Vice President Chen Chien-jen began hearing initial whispers in late 2019 about a new respiratory illness spreading in Central China, the Johns Hopkins University-trained epidemiologist had a déjà vu moment. “I thought, oh wow, SARS has returned!” he told Taiwan Business TOPICS in an interview. But he said he felt confident that if…

As China’s industrial centers remain in a state of uncertainty due to coronavirus fears, Taiwanese and international companies that have come to rely on the PRC as a production base are now seeking alternative solutions while trying to maintain continuity of operations back home. When discussing the business and economic implications for Taiwan of the…

A sharp decline in the number of cross-Strait flights and foreign visitors has left Taiwan’s tourism industry scrambling to figure out ways to cope with the sudden drop in business.  The recent COVID-19 outbreak is causing unprecedented economic disruptions throughout East Asia and beyond. While some Taiwanese and international companies with production bases in China are…

COVID-19 AROUSES FEAR, CAUTION  Markets around the world have begun tumbling due to coronavirus fears, and a “black swan” recession looks possible in some economies. The Taiwan Stock Exchange has not been insulated from the shocks, with weighted shares plunging 220 points, or 2%, in late February. The outlook for a quick recovery does not look promising, as…

2019 Ends Well for Taiwan Economy Prior to the recent national elections, Bloomberg reporter Tim Culpan compiled and analyzed economic data that spanned the terms of all of Taiwan’s democratically elected presidents. His January 8 op-ed, titled “A Taiwanese Election That’s Not All About China,” argued that economic considerations, rather than just cross-Strait relations, would…