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…

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…

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….

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…