In Southeast Asia, the deafening sound of road construction work reflects the fierce competition among China, Japan and South Korea for lucrative infrastructure projects. But in stores and shopping malls, the sound of Alipay transactions indicates China’s even-greater ambition to establish its home-grown mobile financial services abroad.
Though Japan, South Korea and China are battling it out for overall economic influence in the Greater Mekong region, Beijing is on the way to winning the fight at the microeconomic level, as these three stories from the Thailand-Laos border show.
This cloud-based healthcare system, which is set to expand to hospitals throughout Thailand, made it to the ASEAN market after a detour in Africa provided valuable lessons on localization and customization.
A Taiwanese leasing company had the highest asset growth of any leasing firm in Vietnam in 2016, topping more established rivals. To achieve the feat, it adopted a strategy that could guide other Taiwanese businesses eager to shine in the region.
Taiwan’s universities compete with other Asian universities for students from Southeast Asia. Some use scholarships; others their reputation. Meiho University possesses neither money nor fame, yet its cooperation program with a Vietnamese university is successfully attracting students.
Three Cloud-based platforms keep 300,000 elevators across the globe in line. The incorporation of augmented reality places virtual over actual reality, streamlining workflow. With the Silicon Valley innovation engine powering the way, American Industry 4.0 is quietly accelerating into the passing lane.
Robotic arms in operating rooms are old news. But now digital brains are taking on greater roles independent from human operators, serving as assistants during surgical procedures, and also helping farmers tend their vegetable fields.
Bestselling author of “Justice: What's the Right Thing to Do?”, philosopher, & professor at Harvard University, Michael Sandel, gives a keynote speech at the Fulbright Thought Leader Forum in Taiwan on 6/2. He talks about "Leadership and Ethics" in the 21st century.
Taiwanese writer Lu Ping, who served for seven years as director of the Kwang Hwa Information and Culture Center, Taiwan's cultural window in Hong Kong, comments on the former British colony’s first female chief executive.
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.
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?