Faced with lackluster growth, stagnant salaries, and complaints from young people that it’s hard to find a job, Taiwan is seeking to follow the example of rival Asian tiger Korea by undergoing industrial upgrading. To this end, President Tsai Ing-wen and her administration have announced plans to develop five major innovative industries: smart machinery, green…
Senior government officials have cited Taiwan’s recent labor unrest as their biggest short-term economic problem, saying that continuing controversy could undermine investor confidence. Recent ruckuses in the Legislative Yuan suggest that an immediate solution is not in sight. In late October, Kuomintang (KMT) lawmakers sided with labor groups, waving placards and occupying the Speaker’s podium…
Minister of National Defense Yen Ming resigned January 27, citing personal and professional reasons. He was replaced by Chief of the General Staff Kao Kuang-chi, who had previously briefly held the position of acting Defense Minister in August, 2013. Two days later, Premier Mao Chi-kuo also accepted the resignation of Minister of the National Development…
