Asia Times: Taiwan’s slow triumph through tourism
This has been a record year for tourist arrivals in Taiwan, as the island received its 11.11 millionth visitor of 2019 this month. Many followers of the tourism industry feared a downturn in arrivals after restrictions by Beijing on individual leisure travel from China to Taiwan imposed this year. In 2018, China accounted for 44% […]
CNN: Money has been leaving China at a record rate. Beijing is battling to stem the tide
… Money was leaving the country at a record clip earlier this year through unauthorized channels, according to analysts. That’s bad news for China, which needs to keep financial reserves high to maintain confidence in its markets. … The threat of fleeing capital stems from concerns about the country’s economy, which has been hurt by […]
Space Watch: Taiwan’s TiSPACE Enters Crowded Small Satellite Launch Market With Large Ambitions
… Earlier in 2019, TiSPACE increased the efficiency of its hybrid rocket engines to achieve NASA-defined Class-I rocket propulsion. Chen told the Taipei Times that TiSPACE managed to do this while keeping costs lower than competing firms. According to Chen, TiSPACE hybrid rocket engines can generate more than 1,000 kilograms of thrust. TiSPACE intends to […]
Focus Taiwan: Taiwanese firms’ investment pledges hit NT$830 billion
Taipei, Dec. 19 (CNA) A slew of government incentives launched earlier this year to boost investment in Taiwan have increased the amount of investment in the country pledged by Taiwanese firms to over NT$830 billion (US$27.51 billion), Premier Su Tseng-chang (蘇貞昌) said Thursday. Su made the remarks after hearing a report by the Ministry of […]
EET Asia: Taiwan: Small Island, Big Potential
Intelligent bedsheets and insulin pens with universal connectors; a glimpse at the medical startups who are joining Taiwan’s burgeoning startup ecosystem. What is it that motivates a startup to take a leap of faith and relocate to another country? Is it access to a larger pool of talent, proximity to their target market, increased funding […]
Undercurrent News: Greenpeace, Whole Foods, others urge inclusion of Taiwan on forced labor list
Greenpeace USA, Whole Foods Market and the AFL-CIO are among 24 organizations to have asked the US Department of Labor’s Bureau of International Labor Affairs (ILAB) to stop excluding distant water fishing nations, including Taiwan, from its biennial list of goods from countries that use forced labor to catch fish on the high seas. Greenpeace […]
Taiwan News: Taiwan industries support KMT in fear of ECFA termination
… Seven industry lobby groups, led by Chinese National Association of Industry and Commerce Chairman Lin Por-fong (林伯豐), showed their determination in supporting Han in the 2020 presidential election. Former Vice President Lien Chan (連戰) was also present at the assembly, along with KMT Chairman Wu Den-yih (吳敦義). … Han said that the president of […]
Taipei Times: Tsai aims for NT$1tn tourism industry
Promising to turn Taiwan into one of Asia’s prime travel destinations in the next 10 years, President Tsai Ing-wen (蔡英文) yesterday said that tourism would become a growth driver for the nation’s economy, generating more than NT$1 trillion (US$33 billion) in output. … As of last week, Taiwan had received 11.11 million international visitors this […]
NBC News: Taiwan opens doors wider to LGBTQ content
The door has opened wider for gay content in Taiwan since the island became the first in Asia to legalize same-sex marriage in May, and companies like CEO Jay Lin’s Portico Media are hoping to turn LGBTQ stories into good business. The firm is ramping up its development of originals on its GagaOOLala platform, Asia’s […]
Focus Taiwan: Taiwan sets new mark for overseas visitor arrivals
Taipei, Dec. 13 (CNA) The Tourism Bureau welcomed the 11.11 millionth inbound visitor to Taiwan on Friday to celebrate the new single-year high set for overseas visitor arrivals. … The number of visits to Taiwan has surpassed the 10 million mark for five consecutive years, according to the bureau, indicating that Taiwan has successfully offset […]