iPhone to the Rescue – Again The importance of the iPhone to Taiwan’s economy was demonstrated once again when in July it helped bring the first uptick in the country’s exports following 17 straight months of declines. Taiwan’s exports, a key driver of growth and domestic investment, posted 1.2% growth in July year-on-year, according to…

Taiwan’s two main political parties, the Democratic Progressive Party (DPP) and the Kuomintang (KMT), which recently reversed roles as the governing and opposition parties, have widely diverging positions on many issues. But on one point they are firmly in accord: the need for Taiwan to maintain its economic competitiveness by readying itself for eventual participation…

Exports and growth continue to Languish How many synonyms for “decline” exist in the English language? Reports on the current state of Taiwan’s economy offer a good sampling, as nearly all indicators point south. Exports, perhaps the most scrutinized figure for Taiwan’s trade-driven economy, continued to slump in March for the 14th consecutive month, falling…

FAMILY FEUD — Business goes on at EVA Air despite the power struggle among half-brothers for control of the Evergreen Group. (Photo: CNA)

Taiwan Super Rich now Fewer, and Poorer The economic slowdown in China is hitting Taiwan’s wealthiest where it hurts: their net worth. According to the Forbes list of 1,810 billionaires worldwide, Tsai Eng-meng, chairman of WantWant foods conglomerate, and Hon Hai Precision’s Terry Gou retained their positions as Taiwan’s first and second wealthiest, respectively. But…