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Politics & Society
Labor Law Revisions

Is Taiwan Out of Kilter with Reality?

Taiwan recently revised its Labor Standards Act to protect workers interests, but some see it as far too restrictive and lacking in flexibility as businesses reinvent themselves to cope with the arrival of the knowledge economy era.

Politics & Society
Labor Law Revisions

'I Got My First Real Day Off in Over 20 Years'

Lin Chih-chien, a department store counter sales lady, feels that her rights would be better protected with more government inspections.

Politics & Society
Labor Law Revisions

More Paid Leave Brings Greater Personal Flexibility

Software Engineer Huang Pei-en appreciates the paid annual leave that comes with the revised Labor Standards Act, but misses the seven national holidays he used to enjoy.

Politics & Society
Labor Law Revisions

Responsibility System Needs Appropriate Compensation

Photojournalist Cheng Chao-wen believes that journalists should be allowed more free time to enhance their skills and be properly compensated to ‘keep the flame burning.’

Politics & Society
Labor Law Revisions

Our Goal: A Five-Day Workweek for Everyone

Faced with criticism over the introduction of a new workweek system under the revised Labor Standards Act, Hsieh Chien-chien, Director of Department of Labor Standards and Equal Employment in the Ministry of Labor, says the aim of the amendment was to create a legal basis for a five-day workweek for all. Following are the excerpts from our interview:

Insight
Yu-Chien Tseng

‘ I Work Hard at Being Myself ’

Embarking upon a promising career as a professional musician, Yu-Chien Tseng is in the first movement of his dream of performing into his eighties.

Insight
Trend Micro Chairman Steve Chang

Seeing through Power

For many years, Trend Micro founder Steve Chang was caught in the rat race running his very successful company. But he decided to get out soon after turning 50 to devote himself to more charitable pursuits and has not looked back.

Industry
Video

Nobuyuki Idei: How Technology is Changing Society

As the real economy erects trade walls, the digital economy is forging a world without national borders and upending the economic system that has gradually taken shape in the 250 years since the start of the Industrial Revolution. How technology is changing society?How artificial intelligence and robots can be integrated into daily living? How countries should respond to the challenges brought by technology? Nobuyuki Idei, Founder and CEO of Quantum Leaps and former Chairman of Sony Corporation, gives an opening speech in 2017 CommonWealth Economic Forum (CWEF).

International
American Economist Stephen Roach

Pressure on China Bad for Business

In an interview with CommonWealth Magazine, former Morgan Stanley Asia chairman Stephen Roach talks about the economic and geopolitical risks of a Trump presidency and why taking on China may not help Trump achieve his goals.

International
Paul Sheard:

Trumponomics Holds Potential Solutions

In an interview with CommonWealth Magazine, S&P Global Chief Economist Paul Sheard discusses the potential economic policies of incoming U.S. President Donald Trump.

International
Trump a Boon for Petrochemicals

Formosa Plastics’ Shift to America

With Donald Trump pledging to ease regulations on oil and gas businesses and a future energy secretary friendly to the industry, Taiwan’s Formosa Plastics Group is focusing its attention on the United States, perhaps to Taiwan’s detriment.

Across the Strait
Harry X. Wu:

Beijing’s Interference Creates Economic Minefield

Chinese economist Harry Xiaoying Wu points out how unrestrained government interference in the Chinese economy leads to distortions in resource allocation.