Kenting’s tourist arrivals have plunged amidst complaints about service quality, prices, and litter. Kenting is the closest Taiwan gets to a tropical Arcadia. The small seaside town lies in a secluded peninsula near the island’s southernmost point, about 200 kilometers south of the Tropic of Cancer. White-sand beaches abound. The sun blazes, coloring the temperate…

Taiwan Business TOPICS profiles five of Taiwan’s ascendant tech startups in industries ranging from healthcare and tourism to transportation and media. Health2Sync Diabetes runs in Ed Deng’s family. Relatives of the Taipei-based entrepreneur have passed away from complications of the disease, which is the third-leading cause of death among Taiwanese women. Researchers believe that East…

The episode revealed deep-seated problems in the defense-contracting process. In February, Kaohsiung prosecutors indicted four executives and one consultant of the Ching Fu Shipbuilding Co., charging them with fraud, breach of trust, and violation of banking laws. If convicted, the defendants could face prison sentences ranging from 20 to 30 years, although the prosecution has…

Proponents see big opportunities for Taiwan in this nascent space. Virtual currency fever swept the globe over the past year, peaking when Bitcoin’s value hit US$19,500 in December. Since that zenith, the preeminent cryptocurrency’s value has plummeted to just $10,000, illustrating its extreme volatility. Bitcoin is the best known cryptocurrency, but over a thousand have…

Banks remain cautious about embracing full-throated digitization. Customers of Taiwan’s domestic banks sometimes feel like they’re in a time warp. Basic savings accounts often are not automatically equipped with online banking – customers have to request that service. And in many cases, the standard means of tracking account activity is a passbook that must be…