The sharing economy relies on shared production or consumption of goods and services, in contrast to the mainstream systems of private ownership. It originated in early Web-based non-profit initiatives such as Wikipedia and Couchsurfing. The first large-scale bike-sharing system was established in Lyon, France in 2005. Taiwan’s own YouBike program was launched in Taipei City…

The company’s Taiwan business is still growing despite being in regulatory limbo and facing mounting opposition from lawmakers and the taxi industry. Brittany Holtsinger swears by Uber. The Taipei-based digital marketing strategist uses the ride-hailing app four to five times a week, opting for a taxi only when Uber’s rush-hour surcharges make its prices less…

Source: CBRE Research, Real Capital Analytics

Faced with a tepid home property market, Taiwan’s life insurers are increasingly investing in high-yield overseas property. Taiwan’s cash-rich life insurers have scant investment opportunities at home, as yield levels have flagged in recent years amidst an overheated property market and weak rental growth. Insurers are constrained by minimum yield requirements set by the Financial…

View from Taipei 101 summer 2010 shows several major construction projects underway Photo: Lord Koxinga

Tourism from China buoyed Taiwan’s hotel sector during former President Ma Ying-jeou’s eight years in office, spurring hoteliers to refurbish aging properties and add thousands of new rooms to the market. Resilient demand helped hotels post enviable earnings. That golden era ended swiftly with the inauguration of President Tsai Ing-wen in May. Irked by Tsai’s…

Far EasTone is supporting the Morgan Stanley bid for CNS as a holder of non-convertible bonds. Photo: CNA

Three operators with majority private-equity control are seeking approvals for changes in ownership. A decade or so ago, international private-equity (PE) firms looked on Taiwan’s major cable television enterprises as an excellent fit for their investment objectives. They saw opportunities to significantly improve the performance of companies in the cable sector to enable an eventual…

NCC Chairwoman Nicole Chan. Photo: CNA

The National Communications Commission (NCC) surprised industry stakeholders in the fall of 2015 when, after years of study and preparation, it abruptly released the proposed text of a series of five new laws intended to promote digital convergence. The five draft acts cover electronic communication, telecom infrastructure and resources, cable systems, telecom services, and terrestrial…