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…

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…

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…