Taiwan's political environment is making it more attractive for international students.
Once a leading light of the global smartphone market, Taiwan's HTC has been hemorrhaging for the past nine quarters. Having bet on sales of its Vive virtual reality (VR) headset to drive future revenues, it will need VR to become a mass market technology sooner rather than later to survive long-term.
Taiwan has huge potential as a cradle of artificial intelligence solutions, but so far its notable successes have come from start-ups like Appier rather than government-backed initiatives. Now, as the government opens the coffers to encourage investment in self-driving cars and AI healthcare, the race is on for Taiwan to develop an AI ecosystem that can compete on a global stage.
Taiwan's New Southbound Policy is bearing fruit, at least for the nation's banks, which are expanding their footprint across ASEAN in lockstep with their corporate clients.
New York regulators’ fining of Mega Bank last year for lax compliance practices was a wake-up call for Taiwan, which has since moved swiftly to brush up its international compliance on money-laundering.