Business

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2015/11/05 | Shih Yuan
Taiwan Will Complete Preparation for TPP by November 2016
Director-General of the Bureau of Foreign Trade Jenni Yang says after the full text of the TPP was released, the government will compare the text with existing regulations in Taiwan. They will explain the gaps the government should deal with, assess TPP’s impact and provide each ministry with advice for amending laws.
2015/11/03 | Shih Yuan
ECCT Annual Report Calls for Taiwanese Companies to Relax Restrictions on Working Hours
Taiwan obviously lags behind in the Asia-Pacific region in attracting foreign talent and is facing a serious challenge in ensuring labor supply and retaining technical talents, not to mention the difficulties in maintaining short-term and mid-term economic growth and competitiveness. The report notes that despite regulations concerning the employment of expats have been loosened in recent years, some unreasonable restrictions still exist.
2015/10/30 | Anita Chow
Is China's Two-Children Policy Too Late?
The two-child policy seems too late for the older generation. It is estimated that young people born after 1980 are the ones that can benefit from the new policy. People.cn mentions that the government should provide relevant support for education, childcare and medical equipment to improve the environment for raising children. They also have to make sure the milk powder is safe.
2015/10/06 | Yuan
12 Nations Reach Consensus in TPP Negotiation, But What About Taiwan?
So far Taiwan has signed economic cooperation agreements with Singapore and New Zealand, and the government is now reviewing if our current regulations meet international standards. The Ministry of Foreign Affairs will continue to explain to the TPP members Taiwan's determination in trade liberalization and request to join the second round of negotiation in TPP.
2015/10/04 | Anita Chow
Chinese Tourists Storm Tokyo and Taiwan During Golden Week
Weibo users title their posts with words like, "Shinjuku occupied! Akihabara occupied! Shibuya occupied! Ikebukuro occupied! Tokyo basically has been under our control!" Japan has even created a new word, bakubai, to describe Chinese tourist's crazy shopping spree.
2015/09/16 | Yang
The US Has Three Noes for Taiwan's 2016 Presidential Election
Former White House National Security Council (NSC) Senior Director for Asian Affairs Michael J. Green says that Washington D.C. and Taiwan should each have "three Noes." Taiwan's three noes are no surprises, no change of the status quo, and no free rides for the new government.
2015/09/04 | Yang
Will Taiwan Be The Next Greece?
The generation that is receiving pension now is overspending and has already maxed out the welfare of the next generation to the point they are even leaving debt to them.
2015/08/11 | Anita Chow
China Allowing the Middle Price of RMB to Devalue by 2%
The China Foreign Exchange Trading System announced the middle price between RMB and USD has devalued nearly 1.9 percent and US$ 1 now equals RMB$ 6.2298. People are saying this is the doing of The People's Bank of China to encourage export.
European Breweries Grabbing Market Shares in Myanmar
When sales decrease in Europe, the continent's largest wineries turn to seek opportunities elsewhere in the world.