Economy


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2016/03/21 | TNL 編輯

Surviving The IoT Era: Taiwan Government Proposes Measures Encouraging Startups and Related Industries

In face of the arrival of the IoT era, the Ministry of Economic Affairs and president-elect Tsai Ing-wen both brought up measures to encourage the development of relevant industries. While the former plans to bring together local startups and enterprises, the latter focuses on the development of five industries to establish a foothold in the IoT era.

2016/03/10 | TNL 編輯

Google Managing Director Says Mobile Marketing is Critical for Taiwan Businesses

The penetration rate of smartphones in Taiwan has reached up to 78%, ranking among the top ten in the world and top five in Asia. This shows that Taiwan has a mature environment for mobile marketing and offers many opportunities to Taiwan’s small and medium enterprises. A growing trend of Internet of Things (IoT) also poses as a new frontier for new start-ups and businesses.

2016/03/08 | TNL 編輯

Taiwan Crowdfunding Cases Decupled in the Last Four Years

Recent reports show that the number of crowdfunding cases in Taiwan has decupled in the past four years. The rapid evolvement of crowdfunding platforms is worth noticing with Taiwan being the leading country of crowdfunding in Asia. However, several mechanisms are urgently needed to maintain the operation of these platforms.

2016/03/02 | TNL 編輯

Investments in Taiwanese Start-ups Nearly Tripled in 2015

In 2015, 29 Taiwanese start-ups received investments of more than US$450 million in total, which is almost triple the amount estimated in 2014. The considerable growth in incoming capitals shows that Taiwanese start-ups are attracting more attention from international venture capitalists, and actual investments are also increasing.

2016/02/04 | TNL 編輯

Amazon Reportedly Plans to Open Hundreds of Physical Bookstores

Amazon reportedly plans to open as many as four hundred bookstores. This prompts many to ask why the company that destroyed the physical bookstore industry would possibly want to operate a physical bookstore and vigorously expand it.

2016/01/20 | Anita Chow

UN Labor Agency: Global Unemployment to Rise by 2.3 Million in 2016

The number of unemployed people is estimated to rise by 2.3 million in 2016 and 2.5 million in 2017, which is very likely to top 200 million for the first time ever. The trend will probably cause instability in societies and leave existing jobs vulnerable.

2016/01/18 | Yuan

Is The Sovereignty Clause Influencing Taiwan's Attendance in AIIB?

Bank Group President of AIIB emphasizes the "sovereignty clause” in the AIIB Agreement, leading concerns to Taiwan’s official attendance in the investment bank.

2016/01/16 | Shih Yuan

Taiwan Canada Tax Agreement Signed

The deal expects to avoid double taxation and promote bilateral investments in the future while protecting the rights and interests of overseas Taiwanese in Canada starting from January 1, 2017.

2016/01/04 | Yuan

Taiwanese Companies Struggle in Southeast Asia Under Lack of Government Support

The Taiwanese government has been providing less support for ASEAN countries either in political loans or other support, using the excuse of financial crisis and modifications on external policies. But due to the strong support provided by other countries, Taiwan has become increasingly less visible in ASEAN.

2015/12/25 | Yang

Thirteenth Negotiation for Cross-Strait Trade in Goods Postponed

Council of Agriculture Minister Chen Bao-ji says that negotiations on agriculture give Taiwan a lot of opportunities. Thai edamame beans exported to China are not charged tariff, but Taiwanese ones are charged a 6% tariff while orchids are also charged a 12% tariff. However, after Taiwan joins the TPP, highly competitive local products will have more influence if no tariff is charged.