Gogoro To Go Public on Nasdaq On September 16, Gogoro announced plans to launch an initial public offering (IPO) on the Nasdaq Stock Market in the first quarter of 2022 via a merger with Poema Holdings Corp., a U.S.-based special purpose acquisition company (SPAC). The deal puts Gogoro’s enterprise value at US$2.35 billion and adds…
MOF Reports NT$2 trillion in Tax Revenue for First Eight Months The Ministry of Finance (MOF) on September 9 reported that net tax revenue for August totaled NT$132.4 billion (US$4.8 billion), 3.8% greater than the same month last year. Net tax revenue for the first eight months of 2021 was NT$1.9 trillion (US$68.7 billion), an…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Technology Parks Report Record Gains According to the Ministry of Economic Affairs’ Export Processing Zone Administration (EPZA), the acceleration of emerging technology applications and strong demand for chips brought about by the COVID-19 pandemic has raised the revenue…
The COVID-19 outbreak that began in mid-May has brought hotels to their knees. Without a larger relief package, some may not survive. For most of the coronavirus pandemic, domestic tourism has been a bright spot for Taiwan’s hotel industry. Many hotels and B&Bs outside of Taipei – which is more reliant on the international market…
Despite the prevalence of satellite data, traditional map-makers continue to tell remarkable stories with historical and contemporary images of Taiwan. In the age of smartphones, satellite data shows us the world in real-time to an accuracy of up to 30 centimeters per pixel with just the tap of an app. How can traditional maps, produced…
Travelers in Taiwan these days can expect to find a wide range of unique, modern places to stay. Type the name of any popular resort area or major city into a booking website and a huge list of options for lodging will appear. But if you have slightly unusual requirements – you need wheelchair access,…
Kevin Chiang, president of Ever Rich Duty Free, has brought a lot of innovation and out-of-the-box thinking to helping run the company his father built. From reinventing the company’s image and brand to appeal to a broader market, to spearheading CSR efforts, to leading his team through the significant challenges to the travel and tourism…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Third UK-Taiwan Energy Dialogue Held Virtually in July Taiwan’s Bureau of Energy and the British Office Taipei held the Third Taiwan-Britain Energy Dialogue on July 6, during which the two sides signed a memorandum of understanding to cooperate…
With no end to the pandemic yet in sight, it may take years for the travel industry to fully recover. In the short term, the leisure market has the best prospects. As Taiwan faces a difficult coronavirus outbreak, imagining the future of travel in the country is a challenge. After all, besides containing the outbreak,…
Taiwan has become a hub for music festivals, both big and small, over the past two decades. The passionate organizers – many of them foreigners – work hard to put on the best show possible despite the numerous risks and challenges. In April of 1995 two young American expats, Wade Davis and Jimi Moe, held…
