Taiwan's crowded telecommunications sector is likely to get even more competitive in the coming months as rival firms strive to woo customers away from each other and launch new services, at a time of economic upheaval.

The telecommunications sector...

Taiwan's main capital markets have felt the pinch of the global financial turmoil in 2008, with the stock market plunging in the second half of the year and bond yields approaching all-time-lows. However, the underlying strength of the economy...

Taiwan's ranking has slipped slightly in the latest World Bank report on ease of doing business, dropping three places to 61st among global economies, though there is a good chance it will bounce back next year.

The World Bank's...

Taiwan's computer industry is looking to shrug off the effects of the economic downturn in the US, hoping that new products and strong sales in other countries will take up the slack caused by the slowdown in the sector's...

Taiwan is confident it can ride out the worst effects of the US credit crisis and any slowing of the world's biggest economy, with its exposure to various markets providing a safety net.

On March 18, the cabinet-level Financial...

Taiwan has responded to soaring international metals prices by announcing it will temporarily suspend exports of some processed steel products, with the possibility of extending the ban to include other items in the future.

On February 20, the Ministry...

Taiwan's Civil Aeronautics Administration (CAA) on January 28 approved a request by UNI Airways to end flights by March 1 between the northern city of Taipei and the southern city of Kaohsiung. This is the third approval for flight...

On January 14 officials at the Central Taiwan Science Park (CTSP) said they anticipate the park's annual business revenue will reach almost $31bn in the next 10 years, up from a little over $8bn in 2007. They predicted that...

The year 2007 was Chen Shui-bian's second and last term as the president of the Republic of China (Taiwan). Although Chen has made independence from mainlaind China a major theme for his Taiwanese Democratic Party (DPP) since his election...

The competition for a larger piece of Taiwan's banking market has further heated up. The Central Deposit Insurance Corp (CDIC), which handles failed financial institutions in Taiwan, stated on December 14 that it will pay HSBC NT$47.49bn ($1.5bn) to...

After decades of enjoying a reputation as one of Asia's strongest economic forces, Taiwan has received warning signals that its competitive edge is under pressure.

On November 5 the European Chamber of Commerce in Taipei (ECCT) presented its position...

From its humble beginnings as a small light indicator in electrical devices such as hi-fis and clock radios, the light emitting diode (LED) has grown into a multi-application global industry of which Taiwan is keen to secure an even...

In Taiwan's highly competitive insurance market, foreign insurers are increasingly tapping bancassurance as a means of reaching out to customers. The model, which involves the selling of insurance products through a bank's branches, provides a mutually beneficial arrangement to...

Last month, the government reiterated its pledge to invest almost $610m of its National Development Fund in the development of biotechnology and said it would raise an additional $922m for a venture capital fund in the biotechnology business.

The...

Taiwan ranks sixth in the world in terms of the competitiveness of its information technology (IT) industry, according to a white paper issued this month. "The means to compete: Benchmarking IT industry competitiveness" awarded Taiwan a score of 65.8...

Chen Ming-tong, the chairman of the Mainland Affairs Council (MAC), the decision-making body on cross-Strait policy, said on June 21 that Taiwan and China would resume talks over lifting the ban on direct charter and cargo flights across the...

On May 24, CPC Corporation, Taiwan (CPC) and Taiwan Fertilizer announced they would form a join venture to produce ethanol fuel. W Pan, chairman of CPC, said the details of the joint venture would be formally announced in June....

On May 24, CPC Corporation, Taiwan (CPC) and Taiwan Fertilizer announced they would form a join venture to produce ethanol fuel. W Pan, chairman of CPC, said the details of the joint venture would be formally announced in June....

The Taiwan Stock Exchange announced on May 9 that it is planning to merge with the island's smaller exchange and futures market, GreTai. It is hoped this merger will increase efficiency and make it more attractive for companies to...

Taiwan's two biggest airlines, China Airlines and Eva Air, suffered first quarter losses at a time when there is increased domestic competition from the high speed train and a fall in cargo volumes.

In a filing to the Taiwan...

The government's M-Taiwan (mobile Taiwan) plan to build up wireless broadband technology looks set to push WiMAX to the top of the telecoms agenda in 2007. As the government hopes Taiwan can become a major centre for the development...

On January 4, two subsidiaries of Rebar Asia Pacific Group filed for bankruptcy protection, triggering a bank run on an affiliated bank. This has highlighted corporate governance concerns, in a sector where many investors see potential, and could increase...

On January 4, Taiwan\'s high-speed rail network opened to the public for the first time. Once fully completed, the train will take passengers from Taipei in the north to Kaohsiung, the island\'s second biggest city in the south, in...

Taiwan is aiming for a per capita gross domestic product (GDP) of $30,000 by the year 2015. This would be double the $15,271 registered in 2005, according to a cabinet-hosted economic conference.

Meanwhile, the island will try to keep...