Economist John Anderson observed at a recent AmCham luncheon that the Taiwan economy in recent years has been a rather lackluster performer compared with regional peers, but on the other has avoided many of the financial problems besetting its neighbors, such as unsustainable credit booms and sharp currency depreciations, and delivers solid if unremarkable economic…
The number of billionaires in Taiwan rose to 38 in the 2015 Forbes Billionaires list, up from 28 in 2014. Snack food king Tsai Eng-meng, chairman of the Want Want group, retained his position at the top of the list despite dropping from US$9.5 billion to US$8.9 billion in total wealth and falling to 147…
The New Year Brings some positive news. While no one seems able to agree on whether the new Chinese year is the Year of the Sheep or the Goat, the Taiwan economy broadly speaking bears more resemblance to a charging Ram. The Taiwan economy beat most growth forecasts in 2014 to come in at 3.74%,…
Unemployment down, consumer confidence up. Low oil prices are spurring growth, but concerns for Taiwan economy arise due to China slowdown. Taiwan moved up three places in the annual world Economic Freedom Index [see the Editorial in this issue] by the Washington, D.C.-based Heritage Foundation, to be ranked the 14th freest economy in the…
