As one of the “Four Asian Tigers,” Taiwan a few decades ago was widely viewed as among the world’s most vibrant economies. In recent years, however, growth rates have slowed as competition in international markets has intensified. To inject revived dynamism into the economy, the Tsai Ing-wen administration has been promoting the “5+2 Innovative Industries”…

Feeling the Pinch With the global trade environment growing increasingly uncertain, Taiwan recorded exports worth US$28.6 billion in December, 3% less than in the same month a year earlier. The Ministry of Finance attributed the dip largely to sluggish demand for semiconductors used in manufacturing smartphones. New export orders received in December told a similar…