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.
China and the United States are battling for influence in Southeast Asia and the South China Sea. Sandwiched between the two, Singapore has kept its distance from both superpowers while fighting to stay competitive amid external threats.
Singapore’s strong economy and social stability have fuel the city-state’s rise as ASEAN’s most advanced country. But as activist and sociologist Daniel Goh explains, political liberalization is now needed to deliver the innovation economy Singapore wants.
Fair trade starts at the source. That’s why the Japan-born fair trade label People Tree set out to transform the fashion supply chain, making Japanese society realize that buying organic, fairly traded garments brings more joy than pursuing the latest fashion craze.
Stanford University is renowned for its innovate approach to learning. One of its top educators insists that liberal arts and the humanities are key to higher education, even in this digital age, but admits to still figuring out how to best get the message across.
Instead of chasing short-lived western trends, Japanese consumers are seeking a better quality lifestyle rooted in local culture. In the wake of the devastating earthquake and tsunami of March 2011 and amid a prolonged recession, the Japanese have rediscovered the virtue of slowing down and returning to the basics.
Fanatical young Shanghainese are bringing the world to Shanghai, from as far afield as Europe and America, and as nearby as Taiwan, carrying their cultural momentum forward, reproducing, tweaking and surpassing it… with the goal of taking Chinese design to the world.
Instead of looking for a job in Taiwan upon graduation, Justin Lee, a nutritionist by training, sought a more adventurous life in the Philippines to sell aquaculture feeds. Banker Alex Soung, who has worked and lived in Vietnam for 12 years, has used his language skills to become a sought-after foreign expert in the local banking industry.
Southeast Asia has rarely been considered by Taiwanese students as a place to get a degree or learn a skill, but many of them are finding out that studying there can open a wealth of opportunities and contacts. Three of them tell CommonWealth about their experiences.
Audrey Tang will soon become Taiwan’s youngest Cabinet minister when she starts as minister without portfolio on Oct. 1 to lead open government initiatives. Describing herself as a “connector,” she is uniquely qualified to play this role. Here’s her story.
Over the past century, the University of Cambridge has spawned 92 Nobel prize laureates across all categories. With its cutting-edge research and technology, the Cambridge tech cluster has attracted more than 4,300 talent-hungry companies from around the world.
Like his projects, Thomas Heatherwick operates in a world of practical considerations and constraints, relentlessly working to bridge modern cities with the individual need to feel important and productive. Inside Heatherwick Studio, an exhibition at the Taipei Fine Arts Museum through May 15, celebrates and gives insight into the mind behind such projects as the Garden Bridge and the British Pavilion at the 2010 Shanghai World Expo.
Hon Hai Precision Industry, the world’s biggest contract electronics manufacturer, is close to acquiring Sharp of Japan. What is behind Hon Hai’s willingness to risk it all financially to take over the venerated but money-losing Japanese electronics giant?
Investment in Cambodia from Taiwan, Japan, China and Korea has poured into Phnom Penh real estate market, chasing after returns of more than 7 percent. But while Cambodia may resemble a speculator’s paradise, would-be investors should tread carefully.
Five years ago when Myanmar opened its doors, optimism prevailed. Now, ahead of the country’s first real democratic elections, the mood has turned cautious. Seven professionals there look at where Myanmar has been and where it’s going.
Indonesian President Joko “Jokowi” Widodo heads the largest archipelago in the world. The country’s vast ocean area, dotted with thousands of islands, is an asset but also often hampers development. Jokowi, the country’s first president without ties to the political elite or the military establishment, is determined to turn Indonesia into a maritime power.
The Taiwanese company DDK Group, one of the world’s 10 biggest manufacturers of high-end bicycle saddles, lost its entire 18,000 square meter facility in anti-Chinese riots in Vietnam last May. Yet, despite the outrage and devastating losses, it has decided to stay. Why?
Vietnam has aggressively engaged in economic reforms and liberalization to prepare for its membership in the Trans-Pacific Partnership and move its economy up the value chain. What new opportunities does that offer Taiwanese businesses?
2015 was supposed to mark the completion of the ASEAN Economic Community (AEC). Instead, the ten members of the Association of Southeast Asian Nations (ASEAN) are facing their toughest challenge in two decades as weakening national currencies and dropping raw material prices jeopardize ASEAN’s economic take-off.
Kazakhstan, the largest country in Central Asia and a predominantly Muslim nation sandwiched between Europe, Russia and China, has unveiled an economic policy to overhaul the country's transport infrastructure in the face of China's One Belt, One Road initiative.
Taiwan produces relative few coffee beans, but it is a prime destination when Asians want to open cafés, roast good coffee, or grow premium beans. How has Taiwan gained renown as a premium coffee hub in such a short time?
Dang thi phuong lan, who is preparing to return to her native Vietnam after working for the same family for eleven years, recalls the highs and lows of her time in Taiwan, and how she came to see it as her home away from home.