A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Strong Demand for Technology Drives Increased GDP Growth Even as Taiwan has struggled to contain a local outbreak of COVID-19, the international community continues to have confidence in Taiwan’s economy. Taiwan Ratings, the Taiwan subsidiary of S&P Global…

A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Microsoft begins hiring to boost Taiwan R&D Microsoft announced on February 5 that it would work to make Taiwan a global technology research and development hub. The company said it is confident in the island’s strong integration of…

The home-sharing company’s business has grown steadily while it has largely dodged penalties for hosting unlicensed properties on its platform.  For years, Airbnb and Taiwanese regulators have been playing a cat-and-mouse game. Local regulations limit short-stay accommodation rentals to licensed hotels or inns, but most Taiwan properties listed on the home-sharing platform do not meet…

Current rules discourage hotels from offering attractive special packages. Regulations in Taiwan aimed at protecting consumers require hotels to provide a full refund on room bookings canceled at least three days before the scheduled arrival. But as AmCham Taipei’s Travel and Tourism Committee has been arguing in the past several years’ Taiwan White Paper, that…