The factories clustered northwest of Taichung established Taiwan’s fame as a “bicycle kingdom.” But component maker SRAM, a pioneer in cutting-edge shifting systems, has had to resort to building factories on adjacent agricultural land.
Thousands of Taiwanese factories are operating illegally on land zoned for agricultural use. In many cases, they want to become legal but have found few options for doing so, in part because of land speculation and mismanagement. Is there any hope to solve this problem?
Though there were no smoking guns related to Taiwan in the Panama Papers, the renewed attention on the global use of tax havens to avoid taxes could finally spur Taiwan's Legislature to action on long-stalled anti-tax avoidance amendments.
Are the offshore dealings of Taiwan's billionaires legal wealth management, or do they border on financial crime? Leaked information on companies, trusts and tax haven funds gives us a glimpse of the financial dealings of the super-rich.
Typhoon Morakot pounds southern Taiwan, and a CommonWealth Magazine reporter, having visited just days before to investigate the area's drought, returns to find the once parched earth buried under churning waves.
High oil prices and food shortages are suddenly making globalization seem less than invincible. As local economies regain the initiative, can Taiwan's land and farm policies keep pace with the modern era?
Dounan in Yunlin County has become Taiwan's biggest growing area for potatoes and carrots, with the two crops bringing in NT$200 million annually. No longer is an NT$1 million a year salary an unreachable dream for farmers.