As confidence returns to real estate, Taiwan must take steps to ensure its real estate market champions transparency and security and remains a thriving destination for global investment. In the recently published 2017 Taiwan White Paper, the Real Estate Committee of the American Chamber of Commerce in Taipei commends the Taiwan government for recent efforts…

In 2016, despite a significant drop in visitors from mainland China, Taiwan achieved a record high for inbound tourism, totaling 10.69 million tourists, according to the Tourism Bureau. As the trend of decreasing visitors from mainland China will likely continue, the Taiwan government is taking steps to increase tourism from other areas, including Japan, Korea,…

Healthy capital markets are vital to the functioning of an economy, generating both short-term economic output and long-term growth. As industry leaders look toward Taiwan’s financial future, they should strive to develop fair, open and efficient capital markets to sharpen Taiwan’s global competitive edge. In the recently published 2017 Taiwan White Paper, the Capital Markets…

As online media and streaming services continue to grow, the telecommunications industry requires further rate deregulation to remain competitive. In its position paper in the American Chamber of Commerce in Taipei’s recently released 2017 Taiwan White Paper, the Chamber’s Telecommunications & Media Committee addressed this need for further deregulation by recommending the National Communications Commission…

As global advances in e-commerce and financial technology (“fintech”) catalyze change in insurance markets, how can Taiwan enable insurers to provide individuals and families with the full insurance coverage they need and close the insurance “protection gap”? In the recently published 2017 Taiwan White Paper, the Insurance Committee of the American Chamber of Commerce in…

In the past year, positive steps have been taken by the Financial Supervisory Commission (FSC) to build a better business environment and stimulate financial product innovation in Taiwan. In the newly published 2017 Taiwan White Paper, the Asset Management Committee of the American Chamber of Commerce in Taipei commends these reforms. The Asset Management Committee…

After much controversy, a revised Labor Standards Law has now been enacted in Taiwan.

In order to increase business competitiveness while continuing to protect the local labor force, the American Chamber of Commerce’s Human Resources Committee recommends that the Ministry of Labor (MOL) make the Labor Standards Law (LSL) more flexible and more predictable. The current labor laws regulating overtime work and employer-employee relations are based on traditional labor-intensive…