The United States and Taiwan on August 17 announced that talks under the U.S.-Taiwan Initiative on 21st Century Trade would begin this fall. The 11 trade areas that will be addressed in the negotiations include trade facilitation, good regulatory practices, anti-corruption, small-and-medium-sized enterprises (SMEs), agriculture, standards, labor, environment, state-owned enterprises, nonmarket policies and practices, and…
Corning is one of the world’s leading innovators in materials science. For over 170 years, Corning has combined its unparalleled expertise in glass science, ceramics science, and optical physics with deep manufacturing and engineering capabilities to develop life-changing innovations and products. With a long-standing track record of innovation, transformation has always been at the heart…
As Taiwan aims to decrease air pollution with greener transportation options, scooter-sharing companies are leveraging the power of the circular economy to maximize utilization rates while seeking to turn rider data into business insights. Scooters afford city dwellers a number of benefits – small, agile, and fast, they provide riders with a convenient means of…
Since 2006, Amazon Web Services (AWS) has offered on-demand IT infrastructure services to businesses in the form of web services – also known as cloud computing. This model of IT eliminates the need for businesses to procure or purchase their own IT infrastructure in advance of anticipated business needs. AWS technology replaces upfront capital expenditures…
To capture a greater share of the booming digital assets business, Taiwan needs more comprehensive regulation and proactive government support for the industry. During his four years in office, former Chinese Nationalist Party (KMT) legislator Jason Hsu spoke of turning Taiwan into a “crypto nation.” It was always a long shot; the island’s financial services…
Taiwan’s first two virtual banks have quickly accumulated customers, and the market is expanding with a third such bank on the way. But Taiwan’s oversaturated banking market will likely require that the digital lenders adopt new tactics and technologies to become truly competitive. Taiwan’s financial industry is known for its conservatism. Firms and regulators alike…
In an era of unprecedented global trade and technological disruption, supply chain logistics has become ever more important to the functioning of the world economy. Yet few often stop to think about the complexity and scale of the industry that supports the storage and movement of goods from factory floor to consumer hands. In Taiwan,…
Food delivery is serious business in Taiwan. Although the government’s superb handling of the COVID-19 pandemic has allowed most restaurants to remain open across the island, the National Credit Card Center reported that in April 2020, 6 million transactions were logged on Online Food Delivery (OFD) platforms, a sevenfold increase from the same month a…
Audrey Tang shared her thoughts with Taiwan Business TOPICS on the intersection between technology and governance. In Taiwan, there is no official government title of “Digital Minister,” yet that is what is engraved on the plaque on the wall adjoining Audrey Tang’s office in the Executive Yuan. In fact, as she tells Taiwan Business TOPICS,…
While plans for new digital agency are still being deliberated, both government insiders and industry players are weighing in on what form it should take and what its mandate should be. For an economy as heavily dependent on technology as Taiwan’s, fostering digital and technological transformation is increasingly vital. The government’s plans to establish a…
