Facing rising power demand and energy security risks, Taiwan is cautiously reconsidering nuclear energy, exploring next-gen technologies like SMRs and LMRs, while balancing political sensitivities, business needs, and long-term green goals.
Amid rising geopolitical pressure, Taiwan is strengthening its 12 official diplomatic alliances through sustainable, tech-driven collaboration. The Lai administration is reinforcing ties by supporting cybersecurity in Guatemala, advancing digital initiatives in the Pacific, and deepening people-to-people engagement across regions.
As Taiwan’s crypto market grows, regulators are moving away from a light-touch approach to prevent fraud and protect investors. New legislation aims to tighten oversight of digital asset firms and bring stability to the evolving sector.
Taiwan’s push to become a regional asset management hub has seen modest progress, with growth largely limited to domestic banks. While the Lai administration is accelerating deregulation and promoting Kaohsiung as a financial hub, experts say further reforms are needed to attract foreign capital and compete globally.
A recent stock investment scam in Taiwan, which defrauded a woman of NT$13.7 million, highlights the growing risks of financial fraud in the digital age. As online scams become more sophisticated, Taiwan’s government and financial sector are ramping up regulatory measures, AI-driven fraud detection, and public awareness campaigns to combat rising cybercrime.
Taiwan and Palau share a strong partnership, with Palau advocating for Taiwan’s international participation and championing shared values like democracy and sustainability. Amid geopolitical pressures, the two nations are deepening ties through tourism, investment, and trilateral cooperation with the U.S.
Pancreatic cancer remains one of the deadliest cancers, but researchers at National Taiwan University Hospital have developed an AI-assisted model to detect small tumors with 80% sensitivity, offering hope for earlier diagnosis. Taiwan’s AI innovations in healthcare, supported by its universal healthcare system and robust medical data, are transforming cancer detection and treatment.
Taiwan’s National Development Council plans a “Global Elite” card to attract top international talent, offering permanent residency and social benefits after one year. Aimed at addressing a talent shortage, the initiative targets 200,000 skilled workers by 2028, though salary levels and work culture pose challenges for some professionals.
MediaTek, the top smartphone chipset supplier, is shifting focus to automotive chips and the Indian market amid challenges in its traditional Chinese market. The company reported a 62% profit increase in Q2, driven by its Power IC and Smart Edge Platforms. With plans to enhance its presence in automotive technologies and India, MediaTek aims to diversify its revenue streams and capitalize on new opportunities.
TSMC is experiencing remarkable growth, driven by the soaring demand for advanced AI chips and expanding its global operations. However, the company faces challenges, including potential cultural clashes at its new U.S. facility and the risk of supply chain disruptions linked to geopolitical tensions and evolving AI market dynamics.
