For the past several years, Singapore-owned Shopee has been the island’s largest e-commerce platform. But as pandemic-induced surges in online shopping subside and local competitors catch up, Shopee may struggle to retain its stronghold in the market. Owned by Singapore’s Sea Group and headquartered in the city-state, Shopee is essentially a foreign company operating in…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS U.S. Request Rattles Taiwan Chipmakers The U.S. Department of Commerce on September 24 requested that semiconductor companies from around the world submit “information about inventories, demand, and delivery dynamics.” Information requested included the companies’ “book-to-bill” ratio – the…

With the rise of conscious consumerism and investing, companies around the world are increasingly incorporating Environmental, Social, and Governance (ESG) criteria into their business operations. A company’s ESG performance is based on several indicators not related to financial performance, including carbon footprint and level of accountability. These metrics enable businesses to measure the sustainability and…

Increases to the minimum wage, lower birth rates, and an aging population are leading to higher costs and labor shortages for retailers. Will automation save the day? There’s a rather whimsical image of Taiwan floating around online. Entitled “Actual View of an Average Taiwanese Street,” it shows a few cartoon figures walking around a landscape…