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Taiwan Business TOPICS

Taiwan Business TOPICS

Taiwan's leading bilingual business publication.

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About Taiwan Business TOPICS
Taiwan Business TOPICS is published monthly by the American Chamber of Commerce in Taiwan, and covers current topics affecting business conditions in Taiwan, an Industry Focus section on a particular industrial sector, and other reports prepared by the magazine’s staff of experienced professional journalists.
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Taiwan Briefs

Hung Hsiu-chu Faces Doubts Over Campaign

Taiwan Business TOPICS/2015-09-102015-10-28

KMT presidential nominee Hung Hsiu-chu continued to face questions over whether she will continue to run in the race or step down in favor of a stronger candidate. Reports continue to circulate that the KMT is dissatisfied with her candidacy, and some pundits have speculated that she might be asked to accept the party nomination…

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Taiwan Briefs

Formosa Plastics Head Lin Chen-jung Resigns in Bribery Scandal

Taiwan Business TOPICS/2015-08-102015-10-28

Formosa Plastics Corp.’s president Lin Chen-jung resigned on July 27 in the wake of a bribery scandal that caused another 24 executives at the firm to be fired and subject to criminal investigation. The allegations span seven years and involve kickbacks paid by suppliers. Formosa Plastics Corp. is the flagship company of the sprawling Formosa…

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Taiwan Briefs

Taiwan Signs onto Information Technology Agreement (ITA-2) Talks

Taiwan Business TOPICS/2015-08-102015-10-28

Despite resistance from China in the field of display technology, Taiwan has agreed to take part in the new ITA-2 free trade pact. Taiwan’s Bureau of Foreign Trade (BOFT) announced from Geneva, Switzerland, that it has ended its resistance to finalizing a deal for the updated Information Technology Agreement (ITA) global trade pact, known as…

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Taiwan Briefs

Taipei MRT Stabbing Spree

Taiwan Business TOPICS/2015-08-102015-10-28

A 27-year-old man went on a stabbing spree in Taipei’s metro system, injuring four people in an attack that brought to mind last year’s MRT attack that left four dead and 24 wounded. The suspect, Hsu Li-min, was apprehended at the scene and explained that his actions resulted from his chronic joblessness and “bad mood.”…

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Taiwan Briefs

Taiwan’s Nuclear Waste Plan Stalled

Taiwan Business TOPICS/2015-08-102015-10-28

The Legislative Yuan in June froze the budget for Taipower’s pilot project to send nuclear waste abroad for reprocessing to give lawmakers time to review the plan. Under the NT$11.25 billion plan, 1,200 spent fuel rod bundles – 8% of the total spent fuel currently stored in cooling ponds at Taiwan’s three active nuclear power…

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Taiwan Briefs

Taipower May Be Split into Two Firms

Taiwan Business TOPICS/2015-08-102015-10-28

According to local media reports, the Executive Yuan has proposed amendments to the national Electricity Act that would divide the state-owned Taiwan Power Co., generally known as Taipower, into two separate firms – one a power generator, the other a power distribution network. The amendments would further deregulate the power industry to provide more room…

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Taiwan Briefs

Miaoli County Faces Financial Disaster

Taiwan Business TOPICS/2015-08-102015-10-28

Miaoli County’s debt problems came to a head in June, with the county facing a NT$10 billion budget deficit that prevented the county government from paying not only its creditors, but also its employees. Payroll checks were finally distributed during the third week of July after the central government provided NT$800 million in funds to…

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Taiwan Briefs

Taiwanese Student Protests Continue over Textbooks

Taiwan Business TOPICS/2015-08-102015-10-28

Senior high-school students opposed to the allegedly “China-centric” new curriculum guidelines developed by the Ministry of Education (MOE), as well as the non-transparent way that the guidelines were established, have staged a series of rallies and protests. On July 23, a late night attempt by protestors to storm the MOE headquarters was met with resistance…

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Taiwan Briefs

Taiwan Water Park Explosion Leaves 10 Dead, 500 Injured

Taiwan Business TOPICS/2015-08-102015-10-28

A massive explosion during a music and dance event at the Formosa Fun Water Park on June 27 has so far killed 10 and left some 500 injured, nearly 200 of them severely burned. Dubbed the “Color Play Asia Party,” the event featured colored powder blown onto participants dancing in an empty swimming pool. The…

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Taiwan Briefs

Chinese Military Video Sparks Concern in Taiwan

Taiwan Business TOPICS/2015-08-102015-10-28

A video clip shown on Chinese television channel CCTV-4 in July, depicting a practice assault on a building that looks like Taiwan’s Presidential Office, has sparked concern in Taiwan and abroad that China is indirectly threatening the island. The video depicts a number of military maneuvers by the PLA at the Zhurihe military base in…

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Published monthly by the American Chamber of Commerce in Taiwan, Taiwan Business TOPICS is a source of balanced, reliable, and insightful news and analysis on issues of concern to Taiwan's business community.

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