Blog

09 Jan 2015

The American Chamber of Commerce (AmCham) in Taipei released its fifth annual 2015 Business Climate Survey showing a wide variety of data and forecasts, most notably that 83 percent of AmCham members are in support of Taiwan joining the Trans-Pacific Partnership (TPP).

29 Jan 2015

Taiwan has risen three notches to rank 14th among the 186 countries in the world in the Heritage Foundation's Index of Economic Freedom for 2015. Within the Asia Pacific region, Taiwan finished fifth among the 42 countries covered, trailing only Hong Kong, Singapore, New Zealand, and Australia, and Taiwan's score was well above the world average.

25 Feb 2015

As an engineering major at Seoul’s Yonsei University, Yoon Ja-young was perfectly poised to follow the secure, lucrative and socially prized career path long favored by South Korea’s elite graduates. However, the idea of corporate life in an industrial giant like Samsung simply did not appeal. In her final year at college, Yoon, now 26, created a Pinterest-style image-sharing app, StyleShare, for fashion-conscious young women. 

13 Feb 2015

Korea remained the biggest exporter to China for the second consecutive year, outrunning major competitors like Japan and the United States thanks to strong demand for Korean industrial products, including computer chips and automotive parts.

27 Mar 2015

Taiwan is expected to be the third biggest winner in global trade this year, according to recent surveys by Bloomberg News covering 75 countries and territories.Bloomberg ranked the winners in global trade based on surpluses in their current accounts — a broad measure of trade in goods and services — as a percentage of GDP.

24 Apr 2015

Taiwan is to become the seventh nation in the world, and the second in Asia, to start facilitating crowdfunding for entrepreneurs trying to start new companies, with the Financial Supervisory Commission (FSC) to complete operational procedures for related regulations by the end of this month.

16 Apr 2015

The South Korean trade balance for beauty products was in surplus for the first time last year. According to South Korea’s customs office, cosmetics exports reached 1.92 billion dollars in 2014, that is, an increase of 50.4% over the previous year.Korean cosmetics manufacturers have patiently built their reputation by relying upon a highly competitive but quickly growing domestic market.

08 May 2015

The government of South Korea plans to open up more local industries to foreign companies and cut red tape in greenbelt land use in its efforts to boost sagging foreign direct investment and revive the economy.

22 May 2015

Smart Sheriff and at least 14 other apps allow parents to monitor how long their kids use their smartphones, how many times they use apps and which Web sites they visit. In South Korea, the apps have been downloaded at least 480,000 times and the number is likely to go up.

13 Mar 2015

Taiwan plans to issue a special resident visa for foreign entrepreneurs involved in startups to better compete for international talent.The new visa is expected to be introduced during 2015's second quarter, as part of the government's plan to transform Taiwan into an incubator of new businesses.

19 Mar 2015

The South Korean Ministry of Science, ICT and Future Planning, the Ministry of Trade, Industry and Energy, and other local agencies have announced plans to invest $300 million in fostering biotechnology over the course of 2015 in order to produce five globally viable products by 2017.

22 Apr 2016

Taiwan’s level of journalistic freedom leads its East Asian counterparts, the annual World Press Freedom Index report released by Reporters Without Borders (RWB) showed, with Taiwan staying at No. 51 for the second year.

Media freedom in countries in the Asia-Pacific region had either deteriorated or stagnated, the report said. It also highlights that there has been a decline in media freedom the world over, with the trend particularly worrisome in Latin America.

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18 Sep 2015

The Korean semiconductor equipment market is expected to rank second in size this year, as leading players such as Samsung Electronics and SK Hynix are making an aggressive investment in the industry, while the global market is continuing to grow mainly in the fields of system-on-chip (SoC) and foundry manufacturing.

05 Oct 2015

According to a new market research report on the "Display Panel Market by Technology (LCD, OLED, and Others), by Size (Small & Medium and Large), by Farm Factor (Flat and Flexible), by Resolution (8K, 4K, WQHD, FHD, HD, and Others), by Application, and by Geography - Global forecast to 2020", the market for Display Panels was valued at USD 114.16 Billion in 2014, and is expected to reach USD 156.57 Billion by 2020, at a CAGR of 5.60% between 2015 and 2020.

18 Mar 2016

The nation’s high-tech sector is under serious threat of industrial espionage as Chinese intelligence operatives target local companies for infiltration and collection of proprietary information, National Security Bureau (NSB) Director-General Yang Kuo-chiang told legislators yesterday.

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