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Vol. 695 / Content

The Great 2020 Recalibration

Vol. 695

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Industry

COVID-19: How Taiwanese companies are rethinking 2020

The global novel coronavirus pandemic has upended companies’ plans and targets for 2020, forcing them to recalibrate their expectations. How are Taiwanese enterprises resetting their visions amid this global health and economic disaster?

Politics & Society

Minister of Transportation and Communications

Beyond Relief Packages, a Chance for Taiwan to Transform into a Tourism Hub

In early April, in preparation for the financial crisis that may come in the wake of the COVID-19 pandemic, the Tsai Ing-wen administration promised to expand the government’s economic relief package to NT$1.05 trillion. However, Minister of Transportation and Communications Lin Chia-lung observes that: “Giving away money will never be enough; the key is how to increase our global competitiveness.” He says that, after the pandemic has passed, Taiwan can use its success against the virus as a foundation for it to transform into a major tourism hub. Visitors around the world will come to Taiwan, secure in the knowledge that this is a safe place for tourism and investment.