The major new development is creation of Taiwania Capital Management, a government-backed venture-capital operation. Among the seven industries targeted in the government’s “5+2 Industrial Innovation Program,” the one starting with the strongest foundation is smart machinery. Overall machinery production value this year could break the NT$1 trillion (about US$33 billion) mark for the first time,…

Rising worldwide demand for Taiwan’s export products is injecting more vitality into the economy. Most economists are currently forecasting GDP growth for this year and 2018 in the range of 2-2.5% – not the fast pace that Taiwan was long accustomed to, but still an improvement over recent economic performance. Given Taiwanese companies’ prominent role…

The government has undertaken various initiatives to promote the island as a center for learning Mandarin. The global craze to learn Chinese has moved in tandem with China’s rise, with the number of students surging since the mid-2000s. Even Jared Kushner and Ivanka Trump’s five-year-old daughter Arabella has been part of the trend, enabling her…

The third receiving terminal has been postponed for environmental reasons – the prospective impact on a unique reef. Citing the need for further study of the rare coral reefs that lie nearby beneath the waters off Taoyuan County, the Environmental Protection Administration (EPA) on October 26 called for further postponement of a project  to build…