To become Asia’s blockchain hub, Taiwan will need to overcome bureaucratic inertia and stiff competition from Singapore and Hong Kong. Cryptocurrency is dead. Long live blockchain. That’s the growing consensus among all but the most ardent crypto bulls as governments move to crimp virtual currency but explore uses for its underlying distributed ledger technology. Bitcoin,…
Authentic Thai cuisine is no longer hard to find in Taipei thanks to changing tastes and more outbound tourism. The Taiwanese have always been ambivalent about spicy food. Some Taiwanese revel in the explosive effects of chili peppers on the palate (consider the popularity of spicy hot pot here), but just as many balk at…
As more people embrace new flavors and healthy living, vegetarian cuisine is no longer confined to traditional Buddhist dishes. Fifteen years ago, Taipei-based restaurateur Marco Lapka and his wife Queenie Wu added a twist to their vacations. When on holiday, they would eat only vegetarian meals. “It’s easy to find good meals with meat almost…
Taipei has its attractions as a site for international events, but it needs a fresh mindset to win business in the ultra-competitive Asia market. Arriving at Taoyuan Airport, travelers normally pass through immigration, customs, and the baggage claim smoothly. But upon entering the arrivals area of Taipei’s primary international airport, the experience gets bumpier for…
Both economic and political considerations are behind the move to reduce the island’s dependence on visitors from China. Taiwan is aiming to attract more Muslim visitors from Southeast Asia in a bid to diversify its flagging tourism market, which has suffered from overdependence on China. Once the source of 40% of Taiwan’s 10 million annual…
Changes in regulatory approaches are expected to cut deeply into the home sharing platform’s Taiwan business. Home sharing is a great way to experience Taiwan. During my two trips last year to Kinmen, the Taiwan-governed archipelago off the coast of China’s Fujian Province, I stayed in the same bed and breakfast, Shangheryuan. In between sightseeing…
Although market demand is flat, additional new hotels continue to be constructed. A thousand new hotel rooms have been added in Taipei during 2018 – and many more new hotel projects are in the pipeline both in the capital city and around the island. Unfortunately, they are coming onto the market just as the growth…
The recent influx of immigrants from ASEAN nations dovetails with the Tsai administration’s New Southbound Policy. Southeast Asian immigration to Taiwan is steadily rising amid deepening ties between the island and ASEAN nations. Between 2010 and 2016, Southeast Asian immigrants increased from 130,000 to 170,000, according to government data. Last year, for the first time…
Given the tepid economy and tensions in relations with Beijing, the island is no longer a magnet for cross-Strait marriages. When Lisa Li arrived in Taiwan in 2001, the island was more advanced than anywhere on the Chinese mainland. The capital city of Taipei had a brand-new MRT system, five-star international hotels, and 24-hour convenience…
Taiwan’s population is projected to peak at 23.61 million in 2021 and then begin to decrease. The fertility rate of an average of 1.17 children born to each woman is insufficient to maintain the present population level, never mind expand it. Government efforts to boost the fertility rate – primarily in the form of childcare…
