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 Entegris Doubles Investment in New Kaohsiung Plant American semiconductor materials company Entegris last week announced plans to double investment in its new Kaohsiung plant. The investment will total around US$500 million over the next three years. Sales of…

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….

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…