What a “Digital Ministry” Could Mean for Taiwan

While plans for new digital agency are still being deliberated, both government insiders and industry players are weighing in on what form it should take and what its mandate should be. For an economy as heavily dependent on technology as Taiwan’s, fostering digital and technological transformation is increasingly vital. The government’s plans to establish a…

This year has brought unprecedented challenges to the global economy. As COVID-19 spread across the world over the past half year, supply chains are restructuring, the operating modes are changing, and the need for digital transformation is increasing. The virus has also given rise to numerous business opportunities in the digital realm, and under the…

An Exclusive Interview with National Development Council Minister Kung Ming-hsin Taiwan has done a stellar job of managing the COVID-19 pandemic, and has experienced comparatively minimal economic damage. Now it is time to start thinking about how it can capitalize on its strong high-tech capabilities and the international goodwill it has earned to become a…

As China’s industrial centers remain in a state of uncertainty due to coronavirus fears, Taiwanese and international companies that have come to rely on the PRC as a production base are now seeking alternative solutions while trying to maintain continuity of operations back home. When discussing the business and economic implications for Taiwan of the…

The promotion of English proficiency is designed to increase competitiveness in the international arena. To help ensure this country’s continued competitiveness in an era of globalization, the National Development Council (NDC) last December launched a plan to develop Taiwan into a “bilingual nation” by 2030. The goal is not to establish English as an official…

The Taiwan government recognizes the importance of cultivating startups as a way to constantly inject new vigor into the economy and build the major enterprises of tomorrow. To optimize the environment in Taiwan for startups, the government has set two paramount goals for the “Action Plan for Enhancing Taiwan’s Startup Ecosystem.” First, to create a…

The Tsai administration is making a heavy commitment of resources to promoting seven sectors of the economy as the key to transforming Taiwan’s industry. The initial five “pillar industries” were the Internet of Things (also referred to as Asia·Silicon Valley), Biomedical, Green Energy, Smart Machinery, and Defense. Added later were high-value agriculture and the circular…