The financial industry, which caught a profit tailwind 2014, found itself sailing against strong headwinds in 2015. As the Chinese economy slows down and financial markets remain volatile, making money is getting harder.
Hi-Lai Harbour, a buffet restaurant chain founded in Kaohsiung, has established outlets in department stores in all of Taiwan's five major cities. The group's revenue growth tops the list of hospitality businesses in our 2016 Top 2000 Survey.
Poya is the dominant player in the cosmetics/drugstore sector in central and southern Taiwan and is now turning its attention to Taipei, wondering if the same formula that turned it into a NT$10 billion business can conquer new challenges.
The CommonWealth Magazine Top 2000 Survey has tracked the evolution of Taiwan’s industrial history over the past 30 years, often identifying paradigm shifts in business trends before they were obvious. Here’s a look back and forward.
A generally sluggish economy saw service industry revenues decline last year, with a slight uptick in profitability for some as e-commerce continued to surge and retail engaging in cross-industry cooperation to forge new opportunities. On line or on the high street, customers always respond to a good "consumer experience.
While conventional industries struggle to transform themselves, emerging industries face great uncertainty. Despite a short-lived recovery, the manufacturing industry registered a 3.4 percent decline in revenue growth in 2015. However, a select few have been able to disperse the clouds in favor of sunny skies.
Of the 27 service industries covered by the Top 2000 Survey, the telecom industry is the only sector that suffered shrinking revenue in 2014. The ability to precisely predict demand is crucial if companies want to win consumer support in the Internet era.
On the back of financial deregulation and regional integration, the future has never looked rosier for Taiwanese banking, as financial institutions move to conquer new markets and take on the challenges of electronic finance and globalization.
Fubon Financial has led Taiwan's financial holding companies in net profit four years running and has gained the deepest foothold in China. In an exclusive interview Daniel Tsai reveals his personal goals and aspirations for the company.
Taiwan's domestic demand-driven industries are flourishing, but people's complaints about rising prices are growing louder too. How can the service industry respond to these trends and continue to attract customers?
In 2011 Cathay Financial Holdings regained its throne as Taiwan's top financial holdings group, and Bank of Taiwan fell from the Top 10 for the first time, as state-run banks lost their competitive edge.
Growth in Taiwan's manufacturing industry has slowed, but some companies still boast revenues worth one fifth of GDP. With the law of the jungle ruling the market, how do they manage to join the ranks of the fittest?
The number of start-up enterprises in Taiwan has plummeted by more than half over the past 20 years, but in its latest survey CommonWealth Magazine discovered three keys that can still deliver success.
In 2009, Taiwanese insurers reaped windfall profits from booming investment markets fueled by low interest rates, while banks squeezed meager profit out of "savings." In 2010, challenges continue to loom large.
Feeling the pinch of a straitened economy, Taiwan's service industry suffered a decline in overall revenue in 2009. Yet not all sectors were equally impacted. Flexibility is the key as companies fight for survival under trying conditions.
The Hon Hai Group was Taiwan's biggest manufacturer in 2008, but revenue growth sagged and opportunities were missed. After toying with retirement, Chairman Terry Gou is back, hoping to restore his company's aura of invincibility.
Taiwan's financial industry posted its highest revenues since 2000, yet profits were lower than companies can afford. Battered by the financial tsunami, the financial industry has hit rock bottom and is fighting hard for its survival.
In 2007, Taiwan's service sector finally exceeded NT$6 trillion in revenues. But all was not well, as profitability declined. How did Acer buck the trend and vault pass Taiwan Power Company at the top?
In 2007 Taiwanese manufacturing rocketed with record revenues and profits, but plummeted in the final quarter, hit by the U.S. mortgage crisis and global inflation. How will it steel itself against a continuing string of challenges?
For Taiwan's financial industry, 2006 was a year for post-disaster reconstruction. In this highly competitive market, Taiwanese businesses must now seek to break free from the existing herd mentality and create new value.