Insufficient government budget for senior care and a system that overworks and underpays foreign caregivers do not bode well for Taiwan’s elderly as their proportion of the population continues to increase. A public hearing in Taipei on August 6 addressed a Ministry of Labor (MOL) proposal to temporarily suspend the right of migrant caregivers to…
Despite its lack of member status in the UN and exclusion from official participation in the organization’s Sustainable Development Goals program, Taiwan has answered the call in its own way, adapting the SDGs to the island’s particular circumstances and conducting voluntary reviews to measure its progress on multiple indicators. In 2015, the United Nations (UN)…
Data indicates that Taiwanese shoppers favor products and brands that foster environmental protection and sustainability, while the government has aggressively promoted green procurement in both the public and private sectors. To meet the growing demand and catch up with international trends, local manufacturers are increasingly “greening” their production processes. It should come as no surprise…
The efforts of three companies in very different industry sectors indicate the scope of activity undertaken by leading multinationals operating in Taiwan. Many AmCham member companies have been active in supporting the increasing importance of sustainable development in Taiwan through their operations and products, supply chains, employee policies, and community initiatives. Among them, Corning has…
A new cohort of young business owners is exploring how to create, import, and sell products that are attractive to Taiwan’s discerning consumers, using a variety of online and offline sales channels and strategies. For a small, independently owned business, making a name for oneself in the retail sector of any major economy is difficult….
COVID-19 has given a modest boost to online shopping in Taiwan, with platforms such as Momo, PChome, and Shopee strengthening their market positions. In a world struggling with the coronavirus pandemic, Taiwan is an outlier. The island nation has staved off the mercurial contagion, with dramatic implications for public health and the economy. One of…
An unexpected surge in demand left car manufacturers in some major markets scrambling to make up for a shortage of automotive chips, which are produced mostly in Taiwan. Now governments are exploring how to reduce dependence on the island’s chipmakers. Taiwan’s key foreign policy catchphrase “Taiwan can help” has become a lot more relevant lately,…
Taiwan has a relatively complete supply chain for electric vehicle components, and companies such as Tesla rely heavily on Taiwanese suppliers for a majority of their EV parts. Yet the island has not produced a viable EV brand to contend in the global market. Azizi Tucker first came to Taiwan in 2007 while working for…
Taiwan’s car market experienced substantial sales growth in 2020, recording the highest number of units sold in 15 years. Yet global headwinds and Taiwan’s relative lack of an EV market could slow the momentum in 2021. By Austin Babb and Jason Wu 2020 was a traumatic year for the global automobile industry. Factory shutdowns and…
The Financial Supervisory Commission’s new action plan includes goals related to data liberalization, encouraging disruption and innovation, and talent development. Speaking at the Taiwan Capital Market Forum last August, President Tsai Ing-wen disclosed some startlingly ambitious plans to transform Taiwan into an Asian financial hub. “We are going to make Taiwan the number one center…
