DBS economist Ma Tieying takes the most bullish view of Taiwan’s economic prospects for 2021, forecasting GDP growth of 4.2%. The most cautious position among those interviewed for this report was from Yuanta-Polaris Research Institute President Liang Kuo-yuan, whose forecast is “at least 3%.” In between is the government’s own statistics agency, which expects growth…

Recent progress in tightening the U.S.-Taiwan relationship has been stunning. Developments have included high-profile visits to Taipei by the U.S. Secretary of Health and Human Services, as well as the Under Secretary of State for Economic Growth, Energy and the Environment. Additional major military sales are reportedly in the offing, following Taiwan’s August purchase of…

Taishin Acquires Prudential Taiwan Taiwanese financial services firm Taishin Financial Holdings announced in August its 100% acquisition of Prudential Life Insurance Company of Taiwan for NT$5.5 billion (US$186.24 million). The deal comes after a series of bids were submitted to purchase the New Jersey-based insurance company’s Taiwan subsidiary, which has a staff of 700 sales…