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…

Despite rigorous border control and strict measures, COVID-19 has made its way into Taiwan. Now businesses, researchers, and government are working on innovations that will put Taiwan back in business. Until recently, Taiwan had a remarkable success record in containing the spread of COVID-19 and maintaining normality for its citizens. While hospitals worldwide had their…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Strong Demand for Technology Drives Increased GDP Growth Even as Taiwan has struggled to contain a local outbreak of COVID-19, the international community continues to have confidence in Taiwan’s economy. Taiwan Ratings, the Taiwan subsidiary of S&P Global…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Central Bank raises Taiwan’s GDP forecast The Central Bank announced on June 17 that it would leave current key interest rates unchanged. Its discount rate would remain at the historic low of 1.125%, while the rate on accommodations…

Robotic-assisted surgery has helped to advance the medical world, offering minimally invasive approaches that involve small incisions and increased precision. Compared to open surgery, such an approach can help accelerate the recovery process, depending on the procedure, and reduce the cost of care for patients and hospitals. Due to its many benefits, robotic-assisted surgery has…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS FSC suspends shareholders’ meetings Taiwan’s Financial Supervisory Commission (FSC) announced on May 20 that the shareholders’ meetings of 1,931 public companies – including the Taiwan Semiconductor Manufacturing Co. (TSMC) – will be suspended from May 24 to June…

The island’s world-leading ICT and semiconductor sectors have come under the spotlight following a series of high-profile cyberattacks. In late March, Taiwanese tech hardware giant Acer reportedly was the victim of a ransomware attack – a type of cyberattack in which money is demanded in exchange for hacked sensitive data. According to media reports, the…