Industry
Europe Becomes Key Export Outlet
Like turning garbage into gold, the discarded oil from fried chicken stands and fast-food restaurants around Taiwan is made into the raw materials for soap and cleaners, and especially biodiesel that Europeans are flocking to purchase. The mysterious force behind these phenomena is Mr. Lee Yi-fa, the 82 year-old CEO of Chant Oil. What changes in outlook and philosophy have multiple pivots in his career in business reflected? And why does biodiesel, which has failed to raise any interest in Taiwan, have Europeans lining up to purchase it?
Industry
The Workman Brand
Forever 21 has declared bankruptcy, and the Japanese brand apparel empire Onward Group has announced that it will close 20 percent of its outlets around the globe. Meanwhile, The Workman brand has become hugely popular, posting new revenue records for eight years in a row.
Insight
20x Growth
【Nojima Tsuyoshi Column】Japanese high schools uphold the unique tradition of educational tours, and overseas excursions have even become key recruiting attractions. Recent years have seen Taiwan rise to the top destination, while tours to China and Korea have declined. Why is that?