Government measures to cool the residential property market have been successful, but prices remain high in the most desirable markets, putting homeownership out of reach for many Taiwanese. The Taiwan government has spent years trying to cool a red-hot residential property market. Measured in terms of controlling price growth, the policies have borne fruit. The…
More and more young Taiwanese are choosing to own and raise pets instead of having children, causing a surge in the pet-care market and opening the door for a wide variety of new products and services. Rather than having children, an increasing number of young Taiwanese are opting to raise pets. A Council of Agriculture…
Atlas Copco Taiwan General Manager John Demers didn’t do much international travel during his early years growing up in Canada, but he now considers himself a long-term expat and can’t imagine life any other way. He is happy to bring his robust knowledge of industry and his well-formed management skills wherever they are needed –…
Taiwan Feed-in Tariffs Raised Taiwan’s Ministry of Economic Affairs (MOEA) in late December announced changes in the feed-in tariff (FiT) rate to be offered for various categories of renewable energy in 2020. The rate for solar photovoltaic power generation, which includes the cost of solar panel recycling, will be cut to NT$3.9408-$5.7788 per kilowatt-hour, depending…
Several major global economic and political factors – namely, the U.S.-China trade dispute, Brexit, the protests in Hong Kong, as well as volatile oil and commodity prices – cast a shadow in the past year over global demand, trade, and industrial production. In Taiwan, the presidential election and cross-Strait relationship added uncertainty, potentially dampening the…
Mandarin Oriental General Manager Karan Berry’s 23-year-long career in hospitality has taken him from India to Indonesia, and now to Taiwan. To successfully run a luxury hotel, he says, you need to understand and respect not only the most visible parts of the operation, but also all of the various back-end roles – what he…
Warning: Do not serve alcohol to minors. When you drink, don’t drive. A guide to some of the city’s busiest, best, and most unusual taprooms. Taiwan’s ubiquitous convenience stores are consumers’ go-to places for snacks, cold and hot drinks, cigarettes, and even microwaved meals. But recently, they’ve expanded their inventory with a new item. Since…
A handful of Taipei eateries look to preserve the culture, atmosphere, and – most importantly – the flavors of Taiwan’s once-ubiquitous veterans’ villages. Taiwan’s juan cun (眷村) – or military dependents’ villages as the Chinese term is usually rendered in English – are one of the more notable features of Taiwan’s urban and rural landscape….
As the Ko Hospitality Group opens it first U.S. restaurant, CEO Stan Ko talks about the family business and why he’s fiercely dedicated to the dining experience. Ignoring the “Opening Soon” sign on the door of Ramen Nagi restaurant in Palo Alto, California, two curious pedestrians try the handle. The door opens, but not far….
While global auto markets faced significant setbacks and weak sales growth this year, Taiwan appears to have fared relatively well. However, challenges for domestic automakers continue to intensify as consumers increasingly choose imported vehicles. 2019 was a tough year for global auto markets. A combination of factors – declining demand, increasingly strict emissions and fuel-consumption…
