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.
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:
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.
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).
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.
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.