Do you know which airline was the most punctual in 2018? And which airport had the best On-Time Performance? New statistics show Tokyo International Airport, also known as Haneda Airport, had the best On-Time Performance, and Copa Airlines SA was the most punctual.
Millions of people in the developed world already live in a de facto cashless society. From the smart watch on your wrist to the contactless card in your wallet, being able to pay for small, everyday items without recourse to cash is fast, easy, and increasingly ubiquitous.
As other Philippine telecom service providers were still embroiled in a cut-throat price war for text messaging services, Globe Telecom had already transitioned to more innovative business models, increasing customer loyalty through free telephony services, enhancing the customer experience through guided tours and creating its own content. On the sidelines of the CommonWealth Economic Forum, Globe Telecom President Ernest Cu shared his views on leading his team and embracing a digital lifestyle.
In the midst of the U.S.-China trade war, Taiwan’s electronic industry has seen the largest wave of repatriation in its history. The server industry has re-established its base in the Greater Taoyuan-Hsinchu region, and Taiwan’s data security and technological knowhow have become critical in this “new technology Cold War.” What sort of impact will this mass relocation of the computer industry have on Taiwan’s economy? And does it signal Made in Taiwan’s return to glory?
A pop-up restaurant in Tokyo has run a trial employing disabled people to work as waiting staff. But this is no ordinary trial. Instead of taking orders or clearing tables themselves, the staff of the Dawn ver.β cafe were piloting a team of robots from the comfort of their homes.
Digital innovation within CommonWealth Magazine meant requiring print-oriented workers to take on more tasks. How did CommonWealth get people lacking in digital skills up to speed to take on the rapidly changing media environment?
The Taiwanese bicycle industry has been in a slump for the past two years, but now there is a ray of hope. By adding a motor and a computer, your bike is now smarter, better, faster, stronger—and many times more expensive, with price tags going above 3,000 US dollars. They are rolling off the racks like hot cakes, and the winds of change are breathing life into the Taiwanese bicycle supply chain.
Western Europe is the leading hub for the world’s talent, outperforming other regions in attracting, developing and retaining highly skilled employees. This is according to the recently released IMD World Talent Ranking 2018 in which Western European nations fill nine of the top 10 places.
The digital economy has upended every industry, and the media is no exception. But while international media outlets have been overhauling their operations to adapt to the changing world, the business models of most Taiwanese media organizations have remained stagnant. Even specialized financial and business news companies that report daily on how companies are transforming their operations have made few advances in their own operations.
The computer virus attack at Taiwan Semiconductor Manufacturing Company (TSMC) in early August was the largest information security breach in Taiwanese history. It fully exposed the information security weaknesses at production plants as the manufacturing industry embraces the fourth industrial revolution, or industry 4.0, with increasing automation and data exchange.
Taichung-based Gaius Automotive and its unusual electric vehicle have yet to gain recognition in Taiwan, but they have stolen the spotlight at trade shows in France and Germany. Why has the company been a hit in Europe and where is it headed?
At 24, Jeffery Lin returned to his hometown of Sanxia in New Taipei City to save his grandfather’s soap factory from going under. Together with a few friends, Lin established a new soap brand that generated sales worth NT$50 million in four years. Despite his commercial success and a bright future, Lin decided to call it quits and test uncharted waters. With borrowed money, he launched a community-based social enterprise.
Forty years after establishing diplomatic ties, the United States and China are caught in an intensifying trade war that has elicited different strategies from the two sides. Are the world’s two biggest economies ready to engage in a “new Cold War”?
The Taichung World Flora Exposition opened on Nov. 3, and its centerpiece is a 15-meter tall mechanical flower. The creation of innovative artists and nine suppliers, it symbolizes Taiwan’s soft power and a sea change in its manufacturing sector.
With 430 corporate partners in 28 industries, this platform offers internship opportunities in 45 countries; over 309 students have interned in countries such as Taiwan, Italy, Indonesia, Vietnam, and India. We have also attracted foreign students, from countries like Italy, Germany, and Spain, to intern in Taiwan.
Mobile multimedia surpassed half the entire world’s mobile data traffic in 2012, and is expected to increase to 78 percent by 2021. But does your video cut out when you’re on your mobile phone? A group of 100 professionals based in Taipei, working to resolve Internet congestion since 2012, finally won orders this year from the likes of Alibaba, iQiyi, and NHK to help make video live streaming supersonic.
The new Eslite Spectrum Nanxi Store right next to Zhongshan MRT station was the talk of the town even before its formal launch. At the artsy department store, which features a bookstore with movie screenings, customers stood in line for hours just to get a bite of trendy Japanese soufflé pancakes. The area’s rise as a tourism and shopping magnet, however, owes to the vision of an alliance between a community-building NGO, a neighborhood chief, and local artists.
Around the world, technological innovation is disrupting the financial sector, sparking countries to incubate fintech startups to ensure global competitiveness. The online payment tool TapPay, which made it into the ranks of the world’s leading 100 financial technology companies in late 2017, is all the rage in Taiwan’s startup incubator and consulting circles yet virtually unknown among consumers.
Some Taiwanese executives have embraced a “blue ocean” strategy of seeking out new markets rather than getting stuck in fiercely competitive “red ocean” markets. CommonWealth Magazine helped two of them ask the scholars behind the concept questions on how it can be better applied.
Recent international media reports have revealed the depths of China’s surveillance and social credit system, like something out of the dystopian science fiction series Black Mirror. Just this July, Singapore was the target of the worst cyber attack in its history, resulting in the compromise of over a million patients’ records. When the development of smart cities is completed, what kind of future will we face?
Taiwanese LCD display makers generate large volumes of scrap screens that have been buried in landfills or crushed into pellets for use in construction. But Taiwan’s ITRI has stunned the world by finding a way to bring discarded panels back to life.
IMF director Christine Lagarde appointed Harvard Professor Gita Gopinath, whose work has long challenged conventional thinking on international finance. She will be IMF's very first female chief economist.