— By Chiayi Lin and Li Hsun Tsai, Commonwealth Magazine Taiwan’s COVID-19 generation, entering the employment market amid a severe pandemic, has not become a lost generation – instead, they are getting one step ahead. Rather than giving up on their dreams, they are pursuing them with pragmatism and flexibility. Zhu Rui-xiang, a recent Master…
A weekly snapshot of Taiwan business news stories brought to you by CommonWealth and AmCham Taiwan’s TOPICS Taiwan Down 93,000 Jobs in June The Directorate-General of Budgeting, Accounting and Statistics (DGBAS) announced on August 8 that the number of people employed in Taiwan’s industrial and service sectors at the end of June had fallen to…
Is the IMF being too negative? In the International Monetary Fund’s World Economic Outlook for April, Taiwan’s GDP forecast for 2020 was set at a horrendous -4%, a figure that government officials are doing their best to refute. The National Development Council is arguing that the IMF did not have full knowledge of Taiwan’s economy…
Unemployment down, consumer confidence up. Low oil prices are spurring growth, but concerns for Taiwan economy arise due to China slowdown. Taiwan moved up three places in the annual world Economic Freedom Index [see the Editorial in this issue] by the Washington, D.C.-based Heritage Foundation, to be ranked the 14th freest economy in the…
