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A Prosperous Asian Tiger
The island of Taiwan is located in Southeast Asia, north of the Philippines and off the southeastern coast of China. It borders the East China Sea, the Philippine Sea, the South China Sea, and the Taiwan Strait. The island's total territory is 35,980 square kilometers. Main off-shore islands include Penghu, Green Island, Orchid Island, Kinmen, Mazu, Turtle Island and Little Liuqiu. Taiwan's terrain is characterized by mostly rugged mountains in the east and flat to gently rolling plains in the west. Climate is maritime subtropical, with the rainy season during the southwest monsoon from June to August. Taiwan's population is close to
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Taiwan Business Highlights
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Busy Signal |
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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... |
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Marketing Capital |
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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... |
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Neighbourhood Competition |
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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... |
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Riding Out The Storm |
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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... |
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Hot Times for Real Estate |
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Buoyed by incoming head of state Ma Ying-jeou's commitment to closer economic ties with mainland China, Taiwan's real estate sector is looking optimistically at the future.
While on the hustings for the March 22 election, Ma promised to improve... |
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Riding Out the Subprime Frenzy |
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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... |
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Steeling Itself For Higher Prices |
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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... |
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Airlines Scaling Back |
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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... |
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Building Up Technology |
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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... |
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2007 Year In Review |
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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... |
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Taiwan Overview
Basic facts and information, including general geography, population, the economy and other data.
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