The Five Shortages refers to Taiwan’s lack of sufficient land, water, power, manpower, and talent to meet its need for continuing economic growth. The term was first coined by the Chinese National Federation of Industries (CNFI) in its 2015 white paper, and the umbrella organization of Taiwanese manufacturing associations continues to call upon the government…

Michelin Guide Comes to Taipei The Michelin Co. formally launched its Michelin Guide Taipei on March 14, awarding stars to 20 restaurants. Only one, the Cantonese restaurant Le Palais in the Palais de Chine Hotel, received the coveted three-stars rating, signifying “exceptional cuisine worth a journey,” according to the Michelin standard. Two restaurants – Japanese…

Google Invests in Taiwan AI Google’s parent company, Alphabet Inc., announced March 31 that it would be making extensive investments into Taiwan’s artificial intelligence (AI) development. The company said it would hire at least 300 AI engineers, cultivate 5,000 talent positions, and train more than 50,000 digital marketing personnel in a year. AI-engineering positions will…

Indictment Brought In Ching Fu Scandal Four executives at the Ching Fu Shipbuilding Co., including chairman Chen Ching-nan, were indicted by the Kaohsiung District Prosecutor’s Office on February 12 on charges of fraud, breach of trust, and banking law violations. Prosecutors recommended a 30-year prison sentence for the chairman, commutable to a NT$1 billion (US$34…

Taiwan has set admirable goals for cleaning up soil and groundwater pollution. But are overly rigorous standards actually inhibiting site remediation? The CPC Corporation’s massive Kaohsiung refinery complex ceased operations in December 2015 as promised by the state-owned oil company in 1990 (when it was known as the Chinese Petroleum Corp.). Then Premier Hau Pei-tsun…

Taiwan’s government has ambitious goals for dramatically reducing its greenhouse gas (GHG) emissions in line with global standards. Although Taiwan is not a member of the United Nations Framework Convention on Climate Change (UNFCCC) and did not sign the Paris Accord, Taiwan has nevertheless developed its own plan to dramatically reduce its carbon footprint in…