Bristol Myers Squibb (BMS) Taiwan General Manager Elbert Man’s people-centric outlook on life and work is a perfect match for the pharmaceutical industry. Man emphasizes transparency, respect for boundaries, and healthy debate as essential to fostering high-performing teams, a philosophy that has helped him advance through several country manager roles at international pharma companies. Outside…
As global brands increasingly incorporate environmental, social, and governance (ESG) criteria into their business strategies, many are also looking to ensure that their supply chain partners also follow sustainable practices. Small and medium-sized enterprises (SMEs) with competitive ratings could use this advantage to gain an entry ticket into global supply chains, says Michelle Sun, general…
As more countries look to diversify their supply chains, Taiwan has a chance to strengthen its position in the global economy. But is its infrastructure robust enough to support expanded business? Over the past few years, the U.S. and Taiwan have intensified their efforts to reduce reliance on China in their supply chains as a…
Mobile payments are steadily on the rise in Taiwan. Payments made using mobile phones accounted for 20% of all credit card payments in the first three quarters of 2021, an increase of 4.5 percentage points from the same period in 2020, according to data from the National Credit Card Center (NCCC). LINE Pay, the most…
Upon arriving in Taiwan for master’s degree studies in 2001, CW Chin did not expect that the two years he planned to spend on the island would become two decades. With Taiwan as his home base, Chin’s journey from MBA graduate to Managing Director of Corporate Development & Public Affairs at Applied Materials has been…
Since Westin Tashee Resort General Manager Jan-Hendrik Meidinger arrived in Asia 23 years ago, he has consistently striven to understand others without making assumptions. His 30 years of experience spanning six countries has taught him about what truly matters in the complex and ever-changing hospitality industry, and he takes joy in coaching new talent. From…
Nicaragua Severs Ties with Taiwan Nicaragua ended official diplomatic relations with Taiwan in December, stating that it “recognizes that there is only one single China.” It was the eighth country to sever ties with Taiwan since 2016, leaving the island with only 14 diplomatic partners. The break in relations comes as the U.S. and countries…
Local food and alcohol importers have developed an attractive market in Taiwan, but must navigate the island’s complex bureaucracy, high tariffs on certain goods, and strict customs requirements. A pleasant Friday evening for many people includes a tender steak accompanied by a glass of wine or a cocktail. As a European, I never thought much…
The lucrative industry of hand-shaken tea beverages has received attention from the Taiwan government, human rights groups, and the island’s many entrepreneurs. But with the growing politicization of the businesses that make these drinks, a “good cup of tea” has taken on a new meaning. Taiwan tea – above all, high mountain tea, known as…
Taiwan this year experienced its steepest economic growth in more than a decade. But a slower pace is expected in 2022 due to the higher base, more normalized demand, and supply chain adjustments. Despite semiconductor shortages, shipping logjams, energy price hikes, and the uneven distribution of coronavirus vaccines, the global economy in 2021 has bounced…
