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…

AmCham Meets with  President Tsai AmCham Taipei Chairman CW Chin and several AmCham staff members met with President Tsai Ing-wen at the Presidential Office on August 18. Speaking with the group, President Tsai called attention to the deepening U.S.-Taiwan partnership in light of a bilateral memorandum of understanding (MOU) on health cooperation signed during the…

Scholar sees Taiwan benefiting from U.S.-China tensions. The U.S. government is showing increased willingness to back Taiwan’s continued security and prosperity, notes Princeton University’s Aaron Friedberg, a professor of politics and international affairs whose specialty is U.S.-Chinese relations. In an interview, he said that Taiwan’s skillful handling of the COVID-19 crisis is winning it new…

Next year, Taiwan’s economy will benefit from a steady flow of capital repatriation as local manufacturers move capacity home from China. Momentum from Taiwanese businesses returning from China should help Taiwan reach a GDP growth rate of 2.3% to 2.6% in 2020, compared to about 2.4% this year, economists say. In addition, growth in trade…

When it comes to U.S.-China relations, the Trump administration speaks with several voices – often conveying conflicting messages. Many in the business world have been left feeling confused about the president’s overall strategy. But one voice has been clearer and more consistent than many others, and it belongs to Vice President Mike Pence. He gave…