Taiwan has a unique opportunity to reinvent itself as a leader in sustainable transformation. But it will take the enlightened involvement and cooperation of business, government, academia, and society to ensure that such a shift benefits all relevant stakeholders. Over the past few years, sustainability and ESG (Environmental, Social, and Governance) investing have become hot…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Central Bank raises Taiwan’s GDP forecast The Central Bank announced on June 17 that it would leave current key interest rates unchanged. Its discount rate would remain at the historic low of 1.125%, while the rate on accommodations…

Panama Cuts Ties With Taiwan Panama switched diplomatic recognition from Taipei to Beijing, the latest in a series of developments that further isolate Taiwan on the global stage. Panamanian President Juan Carlos Varela cited “economic interests” as the incentive to sever the diplomatic ties. In response, Taiwan plans to halt all bilateral cooperative projects and…

Apple Partnering with Taiwan Firm for VR Apple is partnering with Taiwan’s HTC as part of its virtual reality development. At a major tech conference San Jose, California, Apple used the HTC Vive – the first VR headset launched by the Taiwanese firm – as part of a showcase of its virtual reality efforts, Central…

Hon Hai Eyes New Indian Investment Hon Hai, the Taiwanese multinational contract electronics manufacturer, is planning to build a new production base in Bengaluru, India, China Post reports. Hon Hai, internationally known as Foxconn, has been working with authorities in Karnataka in advance of the investment in Bengaluru, which is referred to as India’s Silicon…