As the world enters the post-pandemic era, its economy is undergoing a digital transformation expected to create an output of US$120 trillion by 2030, according to the World Economic Forum.  To ensure that Taiwan is at the forefront of this evolution, the Taiwan government’s National Development Council (NDC) has begun updating and adapting its development…

Taiwan Applies to Join Regional Trade Pact On September 22, the Executive Yuan announced that Taiwan had formally applied to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). Taiwan submitted its application documents to New Zealand, which acts as the depositary for the trade bloc and whose government circulated the application among the…

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…