By Julia Bergström and Alex Myslinski the Ministry of Finance (MOF). The ministry attributed the growth to strong global demand for AI applications. Exports for the month totaled US$39.94 billion, a growth of more than 3% year-over-year (YoY), while imports increased 16.2% YoY to US$35.1 billion. MOF said that while the growth came amid a…
Citi Taiwan celebrates its 60th anniversary in 2024, highlighting six decades of growth and global impact. The bank has been a key player in connecting Taiwan to international markets, excelling in Corporate, Investment, and Commercial Banking, as well as Treasury and Securities Services. Citi has led major M&A deals and earned prestigious awards, reflecting its commitment to innovation and client support. As it looks to the future, Citi remains dedicated to advancing Taiwan’s financial landscape.
Eli Lilly is advancing treatments in oncology, diabetes, immunology, obesity, and Alzheimer’s disease, with new therapies on the horizon. In Taiwan, Lilly is addressing growing concerns about dementia and obesity with significant R&D investment and plans to conduct over 60 clinical trials in 2024.
Taiwan’s rapidly expanding fitness industry is driven by a growing appetite for sports nutrition products tailored to local tastes and preferences. By Simon Xiao The modern world can be fast-paced, impersonal, and unfriendly at times. For many urbanites, personal fitness functions as an escape from busy routines – a ritual centered on self-improvement and self-care….
By Simon Xiao Response to Biden Ending His Candidacy Asked about the potential impact on Taiwan of U.S. President Joe Biden’s decision not to seek reelection, Premier Cho conveyed confidence in the ability of the American electorate to select an appropriate leader through their democratic process. Vice President Kamala Harris, who replaces Biden as the…
Electron microscopy is critical in enabling the examination of microchips and nanostructures, which then ensure the integrity and performance of semiconductor devices that power solutions around the world. The demand for high-performance semiconductor technology is growing exponentially, including generative AI, smart devices, and renewable energy. As Taiwan solidifies itself as a leader in the international…
Taiwan will become a super-aged society by 2025, with at least 20% of the population aged 65 and above. This demographic shift, coupled with the impact of the pandemic, has caused the average life expectancy to fall below 80 years, with an “unhealthy life expectancy,” during which a person is dependent on the care of…
By Simon Xiao GDP Forecast Raised The Chung-Hua Institute for Economic Research (CIER) has revised its GDP growth forecast for 2024 to 3.81%, an increase from April’s estimate of 3.38%. This adjustment is attributed to robust global demand for AI technologies, heightened exports, and strong domestic consumption. These optimistic projections from CIER align closely with…
Lung cancer remains the leading cause of cancer mortality in Taiwan, with the five-year survival rate for advanced stages lingering around 10%. Despite significant advances in medical technology and treatment protocols worldwide, Taiwan faces a critical gap in aligning its National Health Insurance reimbursement with international standards for lung cancer treatment. “Despite some progress in…
As the world grapples with the challenges of vaccination, Moderna is revolutionizing vaccine coverage through cutting-edge technologies and strategic public health initiatives. Founded on technological innovation principles and deep scientific expertise, Moderna has leveraged its roots as a tech-driven biotech company to address critical gaps in vaccine coverage for the elderly and vulnerable populations. “At…
