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…
To succeed, the Taiwan government’s plan must overcome fiscal, talent, and cultural challenges. In April this year, Taiwan passed the threshold to officially become an aged society, with more than 14% of the population older than 65. That trend is set to accelerate over the next decade. By 2026, 21% of the population will be…
Global and local firms are making new investments in semiconductor fabs in Taiwan. Taiwan is holding its own as a hub for semiconductor manufacturing, attracting steady new investment from chipmakers and other firms in the industry’s supply chain. The island manufactures about 25-30% of integrated circuits (ICs) globally and is home to Taiwan Semiconductor Manufacturing…
IP violations remain a serious problem in Taiwan’s ultra-competitive chip-making market. In recent years, trade-secret theft has become increasingly common in Taiwan’s highly competitive semiconductor industry, one of the world’s largest by output value and a bedrock of the island’s economy. The perpetrators have usually been Chinese companies seeking to close the technology gap with…
Artificial intelligence, blockchain, and cryptocurrency all offer avenues for growth as global demand eases for mobile devices. Taiwan’s semiconductor manufacturer are looking for new growth drivers as the global market for mobile devices cools. Emerging technologies like artificial intelligence (AI), blockchain, and virtual currencies appear to be offering abundant opportunities. “We’re seeing a rapid diversification…
