By Julia Bergström and Alex Myslinski the Ministry of Finance (MOF). The ministry attributed the growth to strong global demand for AI applications. Exports for the month totaled US$39.94 billion, a growth of more than 3% year-over-year (YoY), while imports increased 16.2% YoY to US$35.1 billion. MOF said that while the growth came amid a…
Taiwan’s rapidly expanding fitness industry is driven by a growing appetite for sports nutrition products tailored to local tastes and preferences. By Simon Xiao The modern world can be fast-paced, impersonal, and unfriendly at times. For many urbanites, personal fitness functions as an escape from busy routines – a ritual centered on self-improvement and self-care….
Taiwan’s packaging sector is thriving due to innovations in automation and sustainable technologies, with the global market for packaging and machinery on the rise. Taiwanese companies are leading advancements in flexible packaging, efficient production systems, and eco-friendly solutions, responding to increasing demand for sustainability and improved operational efficiency.
To keep a competitive edge amid a proliferation of high-performing AI technologies, professionals must invest in their critical thinking skills. As artificial intelligence becomes increasingly capable of performing our daily tasks, from entry-level to executive status, which skills will we need to future-proof our careers? Researchers have identified five essential areas: critical thinking, creative thinking,…
Every shot has a purpose for those helping Taiwanese executives swing their way to success. “I might have been the only Taiwanese child to play golf back then,” says Brian Ko. “Or at least one of a few.” He shows me black-and-white pictures of a young boy with a wild, excited expression, his back twisted…
Amgen Taiwan’s General Manager Daniel Villegas began his career in the fast-moving consumer goods space before transitioning into biopharmaceuticals. His professional journey has spanned four continents and covered various therapeutic areas, from rare diseases to immunology. A California native, Villegas earned his BA from San Diego State University and MBA from Michigan State University. In…
After years of discussions, Taiwan and the United States seem closer than ever to finalizing a double taxation avoidance agreement (DTAA). Authorizing legislation has passed the U.S. House of Representatives at a time when bipartisan agreement is rare, and the Taiwanese government has signaled its preparedness to enact necessary equivalent legislation once the initiative has…
Electron microscopy is critical in enabling the examination of microchips and nanostructures, which then ensure the integrity and performance of semiconductor devices that power solutions around the world. The demand for high-performance semiconductor technology is growing exponentially, including generative AI, smart devices, and renewable energy. As Taiwan solidifies itself as a leader in the international…
AmCham Taiwan’s delegation returned to Washington, D.C. following a five-year pandemic-induced hiatus. As the AmCham Taiwan delegation returned from a weeklong trip to Washington, D.C., in late June, one thing was clear: there has never been a better time to advocate for deeper economic ties between the United States and Taiwan. The group was met…
By Simon Xiao GDP Forecast Raised The Chung-Hua Institute for Economic Research (CIER) has revised its GDP growth forecast for 2024 to 3.81%, an increase from April’s estimate of 3.38%. This adjustment is attributed to robust global demand for AI technologies, heightened exports, and strong domestic consumption. These optimistic projections from CIER align closely with…
