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…

A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS New measures seek to combat China’s talent poaching China has been targeting Taiwanese semiconductor talent in an effort to fuel its domestic chipmaking capabilities. In response, the Executive Yuan in April formed a task force to establish measures…

Last December, Taiwan’s Financial Supervisory Commission (FSC) announced the easing of requirements for foreign finance professionals, part of the government’s plans to make Taiwan an Asia-Pacific financial hub. The work experience requirement for senior financial executives applying for the Employment Gold Card – a special work visa that incorporates an alien resident certificate, open work…