Given environmental pressures and limited scale, the sector sees just two options: move into specialty chemicals or invest overseas. Despite environmental and other challenges, Taiwan’s chemical sector continues to thrive. In 2018, the industry was forecast to grow by 4.88% – the highest growth rate of any industry in Taiwan – to reach NT$4.68 trillion…

The state-owned company looks to invest in high-value-added chemicals and green projects at home while exploring upstream opportunities overseas. The CPC Corp. was established in Shanghai as the Chinese Petroleum Corp. in 1946 and relocated to Taiwan three years later. The state-owned firm plays a crucial role in ensuring Taiwan’s energy security, and is also…

As retail sales spike upward, new-style outlets and malls cater to millennial shoppers who want entertainment and Instagram-friendly backdrops more than bargain-basement prices. It’s a golden age for outlets and malls in Taiwan, with a number of brassy mega projects completed and more developments on the horizon. Despite the rapid growth of online retailing, people…

Younger Taiwanese have a very different approach to work than previous generations. Companies are looking for the best ways to adapt. Since the start of Taiwan’s manufacturing age half a century ago, the same ethos has permeated most companies’ corporate culture. Decision-making is concentrated at the top, absolute loyalty is expected from employees, and overtime…

Labor strife has been a rarity in Taiwan. Most unions have been organized within individual companies rather than across industries, limiting their power. And for years under the martial-law provisions that ended in 1987, strikes were prohibited altogether. Based on recent developments in the aviation industry, that labor tranquility can no longer be taken for…