A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS China Airlines and EVA Air quarterly profits surge, plan to resume Taipei-London flights in December Rising air cargo prices and volumes drove China Airlines Ltd.’s (CAL) third-quarter revenue to skyrocket, reaching NT$34.474 billion – an annual increase of…
Taiwan Mobile Goes South, Chunghwa Underseas Local telecommunications carrier Taiwan Mobile announced on August 9 that it would invest NT$20 million (US$717,000) in the Series E round of funding for Tiki Corp., Vietnam’s largest e-commerce retailer. The strategic investment will be Taiwan Mobile’s first in Vietnam, according to the company’s president, Jamie Lin. The move…
Airlines Cope with COVID-19 Shocks Taiwan’s airlines have been hit hard by the coronavirus pandemic. Border controls in both Taiwan and in other countries throughout the world have stiffened, and demand for air travel has dropped sharply. As a result, local carriers EVA and China Airlines and their subsidiaries have been forced to completely cancel…
A sharp decline in the number of cross-Strait flights and foreign visitors has left Taiwan’s tourism industry scrambling to figure out ways to cope with the sudden drop in business. The recent COVID-19 outbreak is causing unprecedented economic disruptions throughout East Asia and beyond. While some Taiwanese and international companies with production bases in China are…
Labor strife has been a rarity in Taiwan. Most unions have been organized within individual companies rather than across industries, limiting their power. And for years under the martial-law provisions that ended in 1987, strikes were prohibited altogether. Based on recent developments in the aviation industry, that labor tranquility can no longer be taken for…
As more Taiwanese travel internationally, competition is intensifying in the nation’s aviation market. In particular, carriers are vying for a greater share of long-haul flights to North America and Europe as well as Southeast Asia routes. Amidst these market conditions, China Airlines had added Airbus’s new A350-900 to its fleet. The A350-900 is praised for…
A Taiwanese woman surnamed Jian gave birth on a China Airlines flight headed to Los Angeles but diverted to Anchorage, Alaska to deal with the inflight emergency. The baby was delivered by UCLA physician Angelica Zen, a Taiwan native, with assistance from the flight crew. While initial reports focused on the successful delivery, subsequent news…
