Uber is Over in Taiwan, at Least for Now Uber announced that it was suspending operations in Taiwan effective February 10 in an effort to “reset” discussions with the government over the U.S.-based ride-hailing company’s operational status. The Taiwan government insists that Uber register as a transportation company and follow relevant regulations, but Uber regards…

State Department official brings message of entrepreneurship and innovation. The U.S. State Department’s Acting Representative for Global Partnerships, Thomas Debass, took part in a series of programs during a visit to Taiwan in mid-November in connection with Global Entrepreneurship Week. In line with Taiwan’s objective of developing an “Asian Silicon Valley” to promote innovative industries,…

FILE - In this Saturday, Feb. 7, 2015, file photo, a ground mechanic works on the engine area of a TransAsia Airways ATR airplane at the Songshan Airport in Taipei, Taiwan. Taiwanese airline TransAsia has announced it is shutting down following financial losses and two fatal crashes. TransAsia chairman Vincent Lin said Tuesday the airline, which served cities in China, Japan and Southeast Asia, was unable to reverse widening losses or raise additional money. (AP Photo/Wally Santana, File)

TransAsia Airways Ceases Operations Domestic airline TransAsia Airways declared it insolvency on November 22, after years of lackluster sales and revenue losses and two horrific crashes within a seven-month period that killed more than 90 people. The airline’s CEO, Liu Tung-ming, said that the executive team had looked at various options including a sale, restructuring,…

Tourism sector protests falling China arrivals Hit hard by plunging visitor arrivals from China, members of Taiwan’s tourist industry staged a demonstration September 13. Tourist arrivals from China have fallen some 22% since Tsai Ing-wen of the independence-leaning Democratic Progressive Party (DPP) was elected to the presidency, and Beijing has apparently responded to her refusal to…

FAMILY FEUD — Business goes on at EVA Air despite the power struggle among half-brothers for control of the Evergreen Group. (Photo: CNA)

Taiwan Super Rich now Fewer, and Poorer The economic slowdown in China is hitting Taiwan’s wealthiest where it hurts: their net worth. According to the Forbes list of 1,810 billionaires worldwide, Tsai Eng-meng, chairman of WantWant foods conglomerate, and Hon Hai Precision’s Terry Gou retained their positions as Taiwan’s first and second wealthiest, respectively. But…

A TSMC factory in Hsinchu, Taiwan

TSMC China Plant Gets Green Light Taiwan’s Investment Commission on February 3 approved plans by Taiwan Semiconductor Manufacturing Co. (TSMC) to build a US$3-billion 12-inch wafer plant in Nanjing, the largest investment by a Taiwanese chipmaker since the government eased restrictions on wholly owned semiconductor production facilities in China last August. The move by the…