A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Merck Announces Largest-Ever Taiwan Investment German science and technology firm Merck announced last week that it will invest approximately NT$17 billion in Taiwan over the next 5-7 years. The funds will primarily go toward the establishment of a…
As Taiwanese companies look to expand their operations and investments in the U.S., Taiwan’s Office of Trade Negotiations (OTN) has been seeking to support their efforts through close cooperation with the U.S. government to facilitate bilateral economic relations. The Office points to two significant events this year: resumption of high-level trade negotiations with the U.S….
Despite being held virtually this year due to COVID-19 restrictions, BIO Asia-Taiwan 2021 gave attendees the chance to enjoy a broad range of presentations, panel discussions, and business networking opportunities from the comfort of their homes. For the first time in its history, BIO Asia-Taiwan went completely online this year. The event, which took place…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Taiwan, Australia Seek Cooperation on Hydrogen On July 29, the Australian Office in Taipei and Taiwan’s Ministry of Economic Affairs held the Australia-Taiwan Hydrogen Trade and Investment Dialogue to discuss opportunities for developing hydrogen energy and other emerging…
Taiwan has capitalized on the U.S.-China trade dispute and superb pandemic control to revitalize its position as a technology hub. In less than three years’ time, Taiwan has rejuvenated its position in global supply chains. The exodus of manufacturers to China is ancient history. Instead, many of them have been choosing to come home, first…
The U.S.-China trade dispute has brought significant changes in markets and industries around the world, and at first it appeared that Taiwan would suffer a severe negative effect. In the early months of the dispute, the imposition of heavy tariffs and other trade barriers began impacting Taiwanese companies whose manufacturing processes take place mainly in…
A bi-weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Ørsted signs investment agreement for Taiwan wind farm Danish wind power developer Ørsted signed an investment agreement in late December with Canadian institutional investor CDPQ (Caisse de dépôt et placement du Québec) and local investor Cathay PE. Under…
The COVID-19 pandemic has had irreversible consequences for how people live. When it comes to investing, for example, incorporating Environmental, Social & Governance (ESG) factors in the decision has become the new normal. Despite the pandemic’s disruptions to portfolio formation this year, a massive increase in socially responsible investing has taken place across the board….
The global economy will be faced with a number of potential risk factors in 2021, including a renewed coronavirus spike in Europe and the U.S., a breakdown in financial stimulation policy negotiations in the U.S., and continued further deterioration in U.S.-China relations. Nevertheless, the latest World Economic Outlook report from the International Monetary Fund (IMF),…
Once Taiwan’s second city and a major industrial hub, Kaohsiung has seen better days. Now it hopes to make a comeback by increasing investment in innovative and eco-friendly industries and boosting tourism. Nothing better symbolizes Kaohsiung’s economic ups and downs than its harbor. Thirty years ago, the southern city ranked among the world’s top-three busiest…
