By CHI KO, MEET GLOBAL E-mobility startup Moovo has formed a close partnership with Taiwan tech giant Wistron to develop its e-bike sharing platform. Leveraging its know-how in the micromobility space, Moovo is “connecting the last mile” in transportation to serve both retail and enterprise customers. The COVID-19 pandemic has drastically changed people’s lifestyles. Instead…

Taiwan Welcomes EU’s New Chip Act Taiwan’s Ministry of Foreign Affairs welcomed the EU’s announcement on February 9 of The European Chips Act, citing its potential to boost Taiwan-EU bilateral investment. The proposed legislation seeks to increase the number of semiconductors manufactured in Europe by expanding cooperation with the world’s leading chipmakers. It will dedicate…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS MSCI Lowers Taiwan Index Weightings Global index provider MSCI published its quarterly index review on February 10. The latest review saw a drop in Taiwan’s weighting in the MSCI Emerging Markets Index and the MSCI All-Country Asia ex-Japan…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS First Commercial Geothermal Plant Goes Online The Cingshuei Geothermal Power Plant, Taiwan’s first commercial geothermal power-producing facility, began operations on November 23. The plant’s most significant feature is its ability to produce a 24-hour supply of renewable energy….

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…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Macquarie and Kaison Sign MOU for EVs Macquarie Capital, an Australian-listed institutional investor that has been operating in Taiwan for 17 years, announced on August 18 that it has signed a memorandum of understanding with Taiwan electric bus…