BASF Makes New Taiwan Investment German multinational chemical producer BASF will begin doubling its production capacity of Uvinul® A Plus, an ingredient used for UVA protection in various sun and skin care formulations, with the introduction of a new production line at its Kaohsiung factory. BASF currently produces the ingredient at its site in Ludwigshafen,…
Trade Keeps Rising, As Do Spirits Spirits were high at the SEMICON Taiwan 2020 international conference, held both online and offline at the Nangang Exhibition Center in late September. One of the recurring themes was the post-COVID-19 economic rally that Taiwan is experiencing, in contrast to most markets in the West. The government’s effective early…
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,…
AmCham Meets with President Tsai AmCham Taipei Chairman CW Chin and several AmCham staff members met with President Tsai Ing-wen at the Presidential Office on August 18. Speaking with the group, President Tsai called attention to the deepening U.S.-Taiwan partnership in light of a bilateral memorandum of understanding (MOU) on health cooperation signed during the…
Kaohsiung Elects Chen Chi-mai Chen Chi-mai of the ruling Democratic Progressive Party (DPP) was elected mayor of Kaohsiung on August 15, defeating Jane Lee from the opposition Chinese Nationalist Party (KMT) and Wu Yi-jheng of the Taiwan People’s Party. The special election follows the recall in June of the KMT’s Han Kuo-yu. After losing to…
Modest Progress for Trade & Retail Taiwan’s travel and tourism industry felt the strong impact of travel restrictions in Q2, with both revenue and expenses falling to record lows since the government began collecting the data in 1984. Statistics released by Taiwan’s Central Bank in August show that between April and June, monthly travel income…
Insights from SEMI Taiwan’s Terry Tsao When Terry Tsao heard President Tsai Ing-wen mention semiconductors as one of the six core strategic sectors the Taiwan government would focus on over the next four years during her inaugural address this May, he says he almost cried with happiness. The chief marketing officer and president of the…
Daniel Tseng, President of Corning Display Technologies Taiwan, is constantly looking for new, creative ways of approaching problem-solving and decision-making. In his 17 years at the U.S. tech multinational, Daniel has developed a distinct appreciation for the company’s core values, which he incorporates into his management style. Daniel sat down with Taiwan Business TOPICS Deputy…
