Five years after its implementation, the Tsai government’s flagship policy initiative aimed at boosting engagement with South and Southeast Asian countries has delivered some encouraging economic results. But observers say that to fulfill the policy’s goal of developing more comprehensive relations, a greater focus on people-to-people ties is needed. Taiwan’s Executive Yuan reported this September…

Taiwan this year experienced its steepest economic growth in more than a decade. But a slower pace is expected in 2022 due to the higher base, more normalized demand, and supply chain adjustments. Despite semiconductor shortages, shipping logjams, energy price hikes, and the uneven distribution of coronavirus vaccines, the global economy in 2021 has bounced…

Booming exports, especially ICT products, are driving demand for industrial plots of land, factories, and logistics facilities to a new high. Ever since the U.S.-China trade dispute began, demand for industrial real estate in Taiwan has been ticking up. Demand strengthened with the launch of the Tsai Ing-wen administration’s reshoring initiative in 2019, which offers…

Monetary controls, tax reform, and affordable housing programs have helped tame speculation and make decent accommodations more accessible. But some say these measures do not go far enough. The Legislative Yuan this July passed an update to its tax rules regarding residential and commercial real estate. Dubbed the Consolidated Land and Building Tax 2.0, the…

Hoping to increase competitiveness and improve patient outcomes, Taiwan’s hospitals are investing in high-value medical devices and artificial intelligence. But finding a balance between state-of-the-art equipment and affordable services remains a challenge. Despite continuous increases in the National Health Insurance (NHI) budget and raised premiums, Taiwan’s hospitals face progressively strained finances and stiff competition. To…

While Taiwan has seen a surge in the adoption of telemedicine in recent months, its utilization rate of home-based dialysis is less than half that of the Asia Pacific average. The COVID-19 pandemic has accelerated the digitalization of healthcare and increased the market for telemedicine. As a result of capacity-saving efforts and swift innovation during…