A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Third UK-Taiwan Energy Dialogue Held Virtually in July Taiwan’s Bureau of Energy and the British Office Taipei held the Third Taiwan-Britain Energy Dialogue on July 6, during which the two sides signed a memorandum of understanding to cooperate…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS CPC, Qatar Petroleum Sign LNG Deal On July 7, Taiwan’s state-owned petroleum company CPC and Qatar Petroleum signed a Sales and Purchase Agreement for Liquefied Natural Gas (LNG). Under the agreement, the CPC will purchase 1.25 million tons…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Long-stalled TIFA Talks Resume in Late June The 11th Taiwan-US Trade & Investment Framework Agreements (TIFA) council meeting was convened virtually on June 30. It was the first such meeting to be held in nearly five years, and…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Strong Demand for Technology Drives Increased GDP Growth Even as Taiwan has struggled to contain a local outbreak of COVID-19, the international community continues to have confidence in Taiwan’s economy. Taiwan Ratings, the Taiwan subsidiary of S&P Global…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Central Bank raises Taiwan’s GDP forecast The Central Bank announced on June 17 that it would leave current key interest rates unchanged. Its discount rate would remain at the historic low of 1.125%, while the rate on accommodations…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Taiwan COVID-19 Update: The Bright and the Bleak The COVID-19 outbreak in Taiwan is slowly being brought under control as the island enters its fourth week of Level 3 restrictions. Daily confirmed cases remain in the triple digits…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS FSC Approves Major Insurance M&A Deal The Financial Supervisory Commission (FSC) on May 31 provided its conditional approval of Taishin Financial Holdings’ acquisition of Prudential Life Insurance. The FSC’s first condition is that Taishin make a statement committing…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Taiwanese Outlook Positive Despite Pandemic The COVID-19 situation in Taiwan continues to be severe, with the Central Epidemic Command Center (CECC) reporting between 250-400 new cases per day, as well as a continuing backlog of cases due to…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS FSC suspends shareholders’ meetings Taiwan’s Financial Supervisory Commission (FSC) announced on May 20 that the shareholders’ meetings of 1,931 public companies – including the Taiwan Semiconductor Manufacturing Co. (TSMC) – will be suspended from May 24 to June…
Taiwan acacia is traditionally used as firewood, but Taiwan’s king of carton packaging, Caho Chen, and a team of innovative young people have developed methods to turn this neglected endemic hardwood into pricey bathtubs, customized guitars, and novel whiskey barrels. How did they transform this once-cheap commodity into a sought-after luxury material? By Kuo-chen Lu…
