Taiwan’s economy showed signs of recovery in late 2024, with GDP growth rebounding to 1.8% YoY, driven by steady private consumption and expansion into green technology. However, challenges persist in 2025, as consumer confidence dips amid global uncertainties and new U.S. trade policies, prompting Taiwan’s government to implement measures supporting affected businesses.
Two entrepreneurs turned Taiwan’s local flavors into a global opportunity by crafting a passion fruit liqueur that celebrates the island’s rich biodiversity. Their journey highlights the importance of cultural understanding, collaboration, and innovation in navigating Taiwan’s entrepreneurial landscape.
The number of U.S. state offices in Taiwan has quadrupled in recent years, with 24 states now actively pursuing investment and trade opportunities in Taiwan. This surge is driven by Taiwan’s growing role in foreign direct investment, as seen with TSMC’s massive project in Arizona, and the need for U.S. states to attract Taiwanese companies seeking to diversify beyond the Chinese market.
By Nikki Dong and Alex Myslinski Production, GDP Forecast Up Taiwan’s industrial production rose 12.25% year-on-year (YoY) in Q3, driven by strong demand for AI chips, servers, and iPhone camera lenses, according to the Ministry of Economic Affairs. Manufacturing output increased 13% YoY. Semiconductor output surged 23.77%, while computer and optoelectronics production hit record highs. AI…
AmCham Taiwan’s online forum with AmCham Ukraine highlighted Ukraine’s business resilience amid crisis, offering Taiwan valuable insights on crisis management, antifragility, and the importance of public-private collaboration for whole-of-society resilience.
In Taiwan, many from the Global South work in diverse fields like tech and business, yet face challenges such as discrimination and complex residency processes. Professionals like engineer Jun Baldoz and marketing director Sam Khan have found success but highlight the need for Taiwan to simplify immigration and promote itself better to attract more foreign talent.
By Nikki Dong and Alex Myslinski Export Orders Continue to Rise Export orders in August rose for the sixth consecutive month, reaching US$50.2 billion, driven by strong demand for AI chips, cloud-based servers, and new iPhone inventory replenishment, the Ministry of Economic Affairs (MOEA) reported. Orders increased 9.1% year-on-year (YoY) in August, with total orders for…
In recent years, Taiwan has transformed its energy landscape, culminating in the elevation of the Bureau of Energy to the Energy Administration in 2023. A discussion with Deputy Director General Lee Chun-li highlighted the nation’s commitment to achieving net-zero carbon emissions, with a focus on diversifying renewable energy sources and enhancing energy security amid global geopolitical tensions.
MediaTek, the top smartphone chipset supplier, is shifting focus to automotive chips and the Indian market amid challenges in its traditional Chinese market. The company reported a 62% profit increase in Q2, driven by its Power IC and Smart Edge Platforms. With plans to enhance its presence in automotive technologies and India, MediaTek aims to diversify its revenue streams and capitalize on new opportunities.
As Taiwan pushes toward a greener future, innovative financial solutions play a crucial role in renewable energy projects. Maiora Renewable Energy, a leader in solar power, emphasizes the importance of long-term feed-in tariffs and stable regulatory frameworks in attracting international investment, while addressing the complexities of local approval processes and grid challenges.
