Fully committed to emerging markets, MEAN WELL achieves rapid growth in India
A car races along an access road for Kempegowda International Airport, through an area that not long ago was nothing but barren land. Now however, it's home to industry giants like Amazon, Boeing, and Foxconn. MEAN WELL, a global leader in standard power supplies, has set up its first production line in this newly prosperous and exciting "Silicon Valley of India." The company aims to establish a strong presence in the domestic market of South Asia's new global powerhouse.
Influx of Chinese capital and expatriates transforms Bangkok streets
As the West leans away from China, supply chain shifts have largely benefited nations in Southeast Asia, with Vietnam leading the pack followed by Thailand. CommonWealth Magazine’s recent visit to Bangkok revealed this balance in conversations with four generations of Thai-Chinese citizens.
Five years on, ASEAN a winner in U.S.-China trade war
ASEAN has emerged as a significant winner in the reshaping of the global geopolitical environment since the U.S.-China trade war erupted five years ago. It has adeptly played the big powers off against each other and benefited from restructured supply chains.
The Truth Behind Vietnam’s Friendshoring
As Vietnam emerges as an investment hotspot, driven by the friendshoring trend, what challenges do Taiwanese businesses encounter in frontline supply chain transitions? Additionally, what are the aspirations and obstacles facing the Vietnamese people?
Singapore deputy PM: Extreme de-risking could leave Taiwan and Singapore worse off
The fourth-generation leader of Singapore, Lawrence Wong, who made significant contributions during the pandemic, granted an exclusive interview to CommonWealth Magazine. From the international spotlight on Sino-U.S. relations and ASEAN cooperation to domestic policies such as imposing taxes on the wealthy and addressing housing issues, where is this "ordinary leader" steering Singapore?
Malcolm Turnbull: Taiwan’s CPTPP membership hinges on China
Australia is the most ironclad ally of the US in the Asia-Pacific region in the face of the Sino-American standoff. The former Prime Minister of Australia, Malcolm Turnbull, was the political leader who convinced Japan to pursue the CPTPP after the US withdrew from the TPP process. He visited Taiwan for the first time in May spoke with CommonWealth Magazine on the prospect of Taiwan and China joining CPTPP.
Speak Plainly, Mr. Chairman Xi
China's rhetoric on global peace raises concerns about its intentions and ability to address conflicts effectively. The opaque and self-glorifying language of the Chinese Communist Party's discourse complicates international understanding and invites misinterpretation. As China seeks greater global influence, questions arise about the clarity of its intentions. An opinion piece by David Bandurski.
A model opera at Lujiang middle school
Viral footage of a confrontation between a professor and a student reveals how individuals’ voices are erased and replaced with that of the Party, and how the collective voice of a billion people can still ring so hollow on the global stage.
Exhausted post pandemic China dreams of rural life
“Returning to the hometown to find oneself” has become a hot trend in post-pandemic China, with the southern province of Yunnan emerging as something of a promised land. Why?
China's super rich sweep up Singapore's prime real estate
Singapore’s subway stations are plastered with advertisements of Chinese businesses, and half of so-called family offices - private wealth management firms - are established by ultra-rich Chinese families. They snap up luxury cars and prime real estate. About 70 percent of the city state’s population get their news from the Chinese messaging app WeChat. How can Singapore contain Chinese influence and hold on to its own values?
Crisis and opportunity in low-cost Japan
After a decade of “Abenomics”, the economic policies of late Prime Minister Shinzo Abe that aimed to end a long period of minimal economic growth and deflation, Japan is trapped in a vicious cycle of low prices and stagnant salaries. How can Japan make up for three lost decades? And what are the opportunities for Taiwan?
How will Abe's departure affect the future of Taiwan-Japan relations?
Following the sudden death of former Japanese Prime Minister Shinzo Abe, will the future of Taiwan-Japan relations change, now that the spiritual leader of Japan's political friendship with Taiwan is gone? Who will continue to lobby for Taiwan internationally?
Salt in our history’s wounds
Ferdinand “Bongbong” Marcos, son of the late dictator Ferdinand Marcos, won the latest presidential election in the Philippines. A veteran Filipino reporter shared his thoughts on what it means and its lessons for Taiwan.
Taiwan stands out for the world to see
"Taiwan actually has a functioning democratic government run by sensible people". But in India, the policy decisions made by the government appear to be swayed more heavily by political than public health priorities...
When the One in the Dark Speaks, Will You Listen?
Sometimes, the question of whether you could do something is really whether or not you should. I knew I could write a book about the hardships faced by Taiwan’s community of Southeast Asian migrant fisherman, caregivers, and factory workers. I had the material. I’d done the research. I’d put the years in. But I’m not part of that community, either ethnically or economically. So, should I? The road to finding the answer was neither easy nor straightforward.
Excerpt of Migrante
About Author：Joe Henley, otherwise known as J.W. Henley, freelance writer and author. He is originally from Canada, but has called Taipei home for the past 15 years. During that time, he has built up a career writing for print and online media, as well as for television and film. In his spare time, he performs in punk and metal bands as a vocalist, and as such have toured to ten countries around the world thus far. His third novel, Migrante, is a portrayal of the often tragic experiences of Southeast Asian migrant workers in Taiwan.
Are Chinese and US Maneuvers in the Asia-Pacific a Precursor to War?
In spite of the global pandemic, the People's Liberation Army (PLA) has conducted various naval exercises in the past three months. Meanwhile, Beijing’s rhetoric towards Taiwan has become more belligerent. U.S. armed forces deployed in the Asia-Pacific region have since countered with a demonstration of force in waters bordering China’s territorial sea. Just what is the PLA’s game? Is it the precursor to a military invasion of Taiwan? Or is China taking advantage of the United States’ internal chaos to expand their foothold? Has the U.S. military might in the Asia-Pacific region been undermined?
Where is Globalization Headed Amid COVID-19 Epidemic?
The rapidly evolving global outbreak of novel coronavirus disease (COVID-19) has entered a crucial phase with local clusters of cases occurring in Taiwan’s vicinity such as the cruise ship Diamond Princess anchored in Yokohama, an international business meeting in Singapore and a church in South Korea. Globalization manifested in trade fairs, cruises and 1.4 billion tourism trips per year brings both affluence and risks to countries around the world. When a virus spreads, countries are caught in a dilemma between closing off their borders and keeping them open. How can Taiwan protect itself against the current outbreak to minimize risk and damage?
In 2020 Asia Will Have the World's Largest GDP
By 2030, Asia is expected to contribute roughly 60% of global growth. Here's what that means.
What Fast-Ageing Countries Such As China Tell Us about Our Economic Future
Shifting demographics must now go hand-in-hand with policymaking - just ask China and Japan.
Taiwan: The Final Stage of the BikingMan World Series
Taiwan will host early November the final stage of the BikingMan World Championship, the toughest cycling challenge of the island. A cycling challenge 10 x times tougher than the KOM with 1,150 kilometers and 20,000 meters of elevation gain.
Singapore Crowned World's Most Open and Competitive Economy
Singapore has been crowned the most open and most competitive economy in the world. But what does that mean? And how can other countries mimic its success?
A Japanese Village that Went Almost Waste-Free
The village of Kamikatsu sits among verdant rice fields and mountainous forest on the Western Japanese island of Shikoku. With less than 1,700 residents, it’s the smallest village on the island, but for the last few years, has been garnering headlines around the world.
Taiwan Reclaims Top Spot for World's Best Places for Expats in 2019
While first-placed Taiwan is not new to the top 3 and ranked first in 2016 as well, Portugal (3rd) and especially Vietnam (2nd) have reached new heights in the global expat ranking.
Can India Reduce Deaths on One Hazardous Road to Zero? This Group is Trying
"The trauma and suffering induced by road crashes on millions of families is entirely preventable. By creating collaborations and focusing on evidence, we can decisively solve the problem."
Australian Solar Could Power Singapore within A Decade
By greening its industries and becoming a major exporter of renewable energy, Australia would be able to reduce its carbon emissions which, including its coal, oil and gas exports, now account for 5% of the global total.
Over A Third of Indonesia's Youth Want to Work for Themselves When They're Older
Indonesia is buzzing with entrepreneurial spirit, and others in ASEAN aren’t far behind.
This City in India Swaps Plastic for Free Meals
India has just launched its very first ‘garbage cafe’ providing food in exchange for trash.
Rural Public Transport Shrinks As Communities Age
For older rural populations, the public transport on which they increasingly depend is becoming harder to maintain.
History of Malay Singaporeans in 10 Objects - Part 3
The Singaporean Malay experience is characterised by moments of triumph and struggle. Today, they continue to confront issues like socio-economic disadvantage and racial discrimination.
History of Malay Singaporeans in 10 Objects - Part 2
This advertisement for Guinness Stout was featured in a programme book for the 1968 West Malaysia Teachers’ Union (Kesatuan Guru-guru Malaysia Barat) Annual General Meeting. It raises interesting questions about how attitudes towards Islamic dietary restriction against alcohol consumption changed over time.
History of Malay Singaporeans in 10 Objects - Part 1
Singapore has always been part of a Malay world. To approach the history of the Malays in Singapore, we need to look deeper and longer. And so, we begin, 700 years ago.
Japan Poaches Nursing Care Personnel Abroad with High Wages - What Does This Mean for Taiwan?
Japan’s amended immigration law, which went into force in April, for the first time opens the country to migrant workers from abroad. Lured by high wages, possible residency and free accommodation, many workers from Southeast Asia are flocking to Japan to work in nursing care.
The World’s Cheapest Solar Power is Provided by India
The costs of building large-scale solar installations in India fell by 27% year-on-year.
'I’m from China, and I’m Against the China Extradition Bill'
CommonWealth Magazine interviewed high school students and mothers who faced down the authorities as tear gas rained down on them. They bore witness to the sea change that’s washing over Hong Kong.
Spring Clean on Everest - What Have They Found?
A recent clean-up operation at Mount Everest collected more than 10,000 kilogrammes of garbage including human excrement, used oxygen bottles, old tents, ropes, cans, plastic wrappers, and four bodies.
Opinion: ‘Today’s Hong Kong, Tomorrow’s Taiwan? Today’s Korea, Tomorrow’s Japan?’
Massive protests rocked Hong Kong on the heels of the 30th anniversary of the Tiananmen Square Massacre. What does civil unrest in the former British colony portend for Japan, Korea, and Taiwan, three regions which are also caught between China and the West? What is Hong Kong telling its neighbors about China, and can nations in the same geopolitical situation do anything about it—before it’s too late?
How Taiwanese Bubble Tea Conquered the Taste Buds of The Japanese
Twenty years of hard work has earned the famous Taiwanese “bubble tea” a place in Japan’s highly competitive catering market. It’s now on its way to become the island nation’s favorite beverage.
This School in India Only Accepts Plastic Waste as Tuition Fee
The school now has more than 100 pupils. Not only is it helping to improve the local environment, it has also started to transform the lives of local families by tackling child labour.
China's Response to the Backlash of the Belt and Road Initiative
Chinese-financed projects have been trimmed, suspended, or put under increased scrutiny in Sri Lanka, Myanmar, Nepal, Pakistan and Malaysia, over an alleged debt trap and unscrupulous dealings.
India’s Cooling Challenge
Cheap, power-hungry ACs used today are doing more harm than good.
Economic Ties between Europe and Asia are Strengthening
While the eyes of the world are on the US-China trade war, Asia and Europe are working to deepen their relationship.
How Japan’s Economy Stacks Up as It Enters a New Era
In a speech congratulating the new emperor, Prime Minister Shinzo Abe summed up the country’s hopeful mood: “While the international situation is drastically changing, we are determined to create an era where Japan has a bright future.” So what is the new emperor inheriting?
India Will Soon Overtake China in Population
India is expected to reach 'peak population' in the late 2050s.
South Korea Takes the Lead in Food Waste Recycling
South Korea once recycled 2% of its food waste. Now it recycles 95%.
Southeast Asian Student Enrollment Up 85% in Taiwan
While more than 16,000 students from ASEAN were studying in Taiwan in 2014, their number had risen to over 30,000 students by 2018, posting an increase of 85 percent in just five years. As every year brings new records in Southeast Asian student enrollment, Taiwanese companies are taking note of this rapidly expanding talent pool and beginning to scout campuses for talent. What makes these young graduates so appealing to Taiwanese employers?
How Africa and Asia Are Joining Forces on Universal Healthcare
Thailand's successes in rolling out UHC has led to a knowledge-sharing partnership with ambitious Kenya.
Why the Asia-Pacific is Prime for dApp Development
Blockchain developers are working in 669 startups in the Asia-Pacific, with successful examples of smart contracts being implemented in fruit supply chains, logistics, renting free disk space. Why are Asia-Pacific (APAC) countries among the global leaders in dApp development?
Does Indonesia Have the World’s Most Complicated Elections?
As voting concludes in the world’s third largest democracy, Indonesia, the scale of the operation is breathtaking. How do you organize an election that spans more than 17,000 islands and hundreds of thousands of local candidates?
Migrant Workers Cast Votes in Taiwan
Indonesia held its presidential election on April 17, and Indonesians living overseas, including in Taiwan, were able to vote. The campaigns of the two main candidates, incumbent President Joko Widodo and challenger Prabowo Subianto, held rallies in Taiwan to court these voters.
Taiwan or Thailand? A Travel Comparison
How are Taiwan and Thailand different? How are they similar? Which place is better for what kinds of travel?
World’s Tallest Charity Platform
More than a tourism landmark, Taipei 101 practically symbolizes Taiwan. It has also become a spiritual beacon for Southeast Asian guest workers in Taiwan. What truly makes it great is not its height, but its stature.
Slum-Inspired Future Housing
Informal housing is not always a problem to be solved, but can be treasure-trove of city solutions. We must learn to see past the spatial irregularity, surface grime and patchy aesthetic of informal housing.
Measuring Human Development with Happiness
The challenge for both the Sustainable Development Goals (SDG) and Gross National Happiness (GNH) is how to translate such ambitious goals into practical development plans and implement them – how to ensure theory turns into practice.
Asia’s 10 Most Gender Equal Countries
The Philippines is the only nation from the region to make the Global Gender Gap Index's top 10.
Making a Difference in North Korea
Despite received wisdom, North Korea is a country of individuals - which is why individuals can make a difference.
Why are Japanese and Filipinos Coming to ‘Make Babies’ in Taiwan?
Taiwan’s fertility medicine has long enjoyed international acclaim, with many anxious parents from China, Japan, and Southeast Asia coming to Taiwan in hopes of fulfilling their dream of having children. However, as the market has become saturated, fertility clinics have begun to actively seek ways to sustain their businesses, adopting the electronics industry’s division of labor model via new modes of international cooperation.
Japan’s Workforce Will be 20% Smaller by 2040
As many as 12 million Japanese people may disappear from the country’s workforce by 2040, according to official estimates. That’s a fall of around 20%.
India Replaces China as the Fastest-Growing Market for Taiwanese Machine Tools
TIMTOS, the Taipei International Machine Tool Show, was held in Taipei on March 4th to 9th. An interesting development is India is now the overseas market with the most potential for Taiwanese machine tools.
10 Facts about India's Elections
The elections for India’s lower house of parliament, the Lok Sabha, are the biggest exercise in democracy in the world. As India’s population has boomed, organising the vote has become a vast logistical operation, costing tens of trillions of rupees (hundreds of millions of dollars).
Singaporean Childhood Memories: Playground History Reflects Local Life
How do playgrounds develop over time as social environments and human needs keep changing? How do the playgrounds of the past influence the selection and design of future playgrounds?
China is Winning the Electric Vehicle Race
Demand for electric vehicles in China is soaring. Nearly 1.3 million new energy vehicles (plug-in electric vehicles and plug-in hybrids) were sold there last year – a 62% rise on 2017. To put that number into context, it’s estimated that as of September 2018, there were only around 4 million electric vehicles in use across the whole world.
Singapore Turns to Taiwan
In July of 2018, Singapore’s largest health care group was hacked and the records of 1.5 million patients stolen. When a shocked Singapore took steps to address the problem, one of the key players it called for help was a Taiwanese company.
New Zealand Wants Tourists' Promises to Behave
Tourism is one of New Zealand’s biggest economic sectors and its biggest export earner. In the 12 months to March 2018, international visitors generated NZ$16.2 billion (around $11 billion) for the antipodean archipelago. But while an overwhelming 95% of New Zealanders agree international tourism is a good thing, there are concerns that, if left unchecked, it could lead to problems.
Challenges and Opportunities of Manufacturing in Vietnam
As entrepreneurs weigh their options for relocating production lines and local supply chains, Vietnam seems quite attractive. “In the eyes of many entrepreneurs the trade war has turned Vietnam into the new China.”
Eye on Vietnam, The New Electronics Manufacturing Hub
Major electronics makers are desperately seeking new production bases as the U.S.-China trade war shows no signs of abating. For many, Vietnam is the top choice, with a powerful electronics cluster taking shape in the northern part of the country. We went there to find how what’s happening.
China is Sending Science Students to Live with Rural Farmers
For almost 10 years, Beijing’s China Agricultural University has been running the Science & Technology Backyard (STB) project in villages across the country, allowing students to apply their academic knowledge to maximise crop yields.
Reasons Behind South Korea’s Elderly Crime Wave
Elderly crime is on the rise in South Korea. The number of crimes committed by senior citizens increased by 45% in the past five years, according to police and government statistics reported by the South Korean media.
With China, Stay Engaged… and Alert
How should Asian countries respond to Beijing’s burgeoning economic and political influence? CommonWealth Magazine spoke to India’s former ambassador to China, Ashok K. Kantha, to get his insight on how to deal with this rising superpower.
Has HR Analytics Arrived in Asia?
Is people analytics as developed in Asia as it is in the US? If not, what opportunities remain untapped?
New Sources Driving Taiwan’s Tourism Growth
The fate of Taiwan’s tourism sector has been closely tied to the ebb and flow of Chinese visitors. But a closer look at visitor numbers reveals that future growth in Taiwan will likely come from other sources.
China Cracks Down on Tax Evasion, Chasing Every Penny
What China touts as the largest individual income tax reform in two decades seems to lessen taxpayers’ burden. However, the reform also closes loopholes and threatens draconian measures against tax evasion, making sure that Taiwanese expats don’t avoid a single penny in income tax.
The First-ever Underwater High-speed Railway in the World
China’s bullet train network is fast expanding, and it will soon extend under the sea. Officials in Beijing have approved construction of a 77km high-speed rail link between Ningbo, a port city south of Shanghai, to Zhoushan, an archipelago off the east coast.
Is it Real that Asia-Pacific is Especially Prone to Natural Disasters?
Humanity is faced with more natural disasters, which last longer and impact more people than ten years ago. Climate change, population growth and urbanization are contributing to an increase in both the number and severity of disasters, with the Asia Pacific region particularly badly hit.
South Asia Can Become an Innovation Hub
South Asia has the potential to become a hub of innovation in the Fourth Industrial Revolution (4IR): with its young population well connected to new global technological developments; opportunities created by the growth of 4IR technologies; and a large, educated labour market.
Air Travel in Asia is Taking Off
As the aviation industry continues to expand rapidly over the next two decades, growing demand for airline seats will outstrip the supply of qualified pilots. The biggest shortage will be in Asia where airlines have more new planes on order than anywhere else.
These Asian Economies Invested in Their People – and It Paid Off
The new World Bank Human Capital Index highlights the benefits of investing in health and education, and the potentially dire consequences of leaving people behind.
Why Children in Singapore Will No Longer Be Ranked by Exam Results
The island nation is changing its educational focus to encourage school children to develop the life skills they will need when they enter the world of work.
These Are Some of Asia’s Most Creative Start-Ups
The World Economic Forum has selected 80 winning start-ups to take part in its ASEAN 2018 summit as part of a competition to find the region’s most innovative new companies.
Asia’s Plastic Problem Is Choking the World’s Oceans. Here’s How to Fix It
Every year 8 million tonnes of discarded plastic ends up in the ocean, and the situation is getting worse. According to a World Economic Forum report, under the current mode and growth of plastic usage, there will be more plastic than fish in the ocean (by weight) by 2050.
What Do the Economic Woes of Turkey, Argentina and Indonesia Have in Common?
Investors look out! Financial crises are emerging in emerging markets. Turkey, Argentina and Indonesia have experienced plummeting currencies and outflow of foreign investment. What do these countries have in common?
Chinese Energy Security and the South China Sea
From military installations to artificial islands, it has become increasingly clear that China has been taking active steps to secure access to energy in South China Sea. Why is energy security important to China? In what ways is the South China Sea important to China’s energy security?
Jakarta Is One of the World's Fastest Disappearing Cities
Jakarta, the host of the 2018 Asian Games (Jarkata Palembang 2018), is now in Asia's spotlight. The large city has been growing, developing...also sinking. The rising sea level caused by climate change is threatening the city's future.
Testing Times: The Lifelong Cost of Top Marks
A coastal city in China is famous for its top exam results — but the intensive academic culture is grinding down teachers and students alike.
Baidu's Plan to Break Into the Japanese Market
Baidu, the Chinese tech giant is aiming to enter Japan while eyeing on several overseas market. This autonomous driving bus is one of Baidu's major steps to its international expansion.
No More Stereotypical Filipino
For many Southeast Asian women who get married and settle in Taiwan, the transition can be difficult. Filipina Genevive Pajo Paliota, or simply Gen, has dedicated herself to helping those women and build bridges with Taiwanese society.
Here are the Cities with the Biggest Carbon Footprints
Many of the world's most affluent cities have large carbon footprints. However, according to a new study, this makes tackling the global emissions problem more manageable than it first appears.
Why Trade Wars Can't Solve the Problems Brought by Globalization
We asked policy experts and business leaders: how can countries really reap the economic and social benefits of global value chains (GVCs), while avoiding inequality and environmental damage?
Taiwan & Indonesia Singing the Blues for the Seas
Taiwan has an enviable record of recycling plastics while Indonesia is one of the world’s biggest contributors to plastic waste in the oceans. But are the two countries really that different when it comes to fighting marine pollutants?
The Battle for Tourists in Asia is On
How can Taiwan bring to bear its touristic attractiveness given that its neighbors have made quality tourism a national strategic goal?
Nita Ing: If You Can Survive In India You Can Survive Anywhere
India is an enormous market, yet to date there are fewer than 100 Taiwanese companies in India. Why is that? Continental Holdings Chairwoman, Nita Ing, observes that as an ancient and diverse country, India exhibits dual charms and burdens.
90% of Plastic Polluting Our Oceans Comes from Just 10 Rivers
Asia is responsible for 8 of the rivers that have the most plastic waste.
Xiaomi Prevails over Samsung in India
Four years ago, Chinese smartphone maker Xiaomi entered the Indian market, where it went up against the seemingly impenetrable market leader Samsung. In just two years, it became the leading smartphone brand in India, commanding over 30 percent market share. What lessons does Xiaomi’s sweeping success have for Taiwanese firms?
Will China Grow Old Before It Gets Rich?
Could India soon be the biggest driver of global growth instead of China?
Remembering the Anti-Chinese Riots in Indonesia
“When I looked outside through a gap in the curtains, I could see downtown Jakarta burning.” This is how an eye witness described the fires set by looters in the anti-Chinese riots in Indonesia that shocked the world in 1998. How do those who went through the horrors of ethnic violence remember this dark chapter of Indonesian history?
Here are the Most Influential Countries in Asia
There are many factors which come together to determine the level of a country's real-world power. What is Taiwan's status in terms of resource and influence on this power list?
Malaysia's New Prime Minister Talks about China-Taiwan Relations
As Malaysia’s stunning election is getting interpreted by many Taiwanese media as “the victory of anti-China over pro-China," this is what the newly elected Prime Minister says about Malaysia's relation with China and Taiwan.
This is How North and South Korea Communicate with Each Other
Communication between North and South Korea has been somewhat tense over recent decades, but that might soon change.
Rebuilding a Scarred Civilization
Cambodia is still grappling with the Khmer Rouge’s obliteration of its culture and civilization in the late 1970s. But for the average Cambodian, escaping poverty and building a viable economy may be more important than seeking transitional justice.
What Makes S. Korea and Sweden the Most Innovative Countries in the World?
These are the most innovative countries in the world, South Korea, Sweden and Singapore top the list.
Are Closer Taiwan-Russia Relations Possible? How?
Interaction between Taiwan and Russia largely rests on trade, which has grown over the years but seen little structural change. Multilateral mechanisms such as APEC and the WTO might offer opportunities for exploring new fields of bilateral cooperation.
Decoding the ‘Private Message’ Culture
E-commerce vendors expanding into Southeast Asia need a unique sales model for each country. Increasingly, Southeast Asians living in Taiwan and Southeast Asian online celebrities are emerging as the key to social media-based e-commerce.
Small Accessories Empire with Annual Sales over NT$100M Breaks into ASEAN Markets
Hsu Yi-chih, a thirtysomething who oversees a small accessories empire with annual sales exceeding NT$100 million in Taiwan, has applied the resilient spirit of a former street vendor to leverage the advantages of Taiwanese quality to break into new markets.
Does ASEAN Still Have a Future in Manufacturing?
The coming disruption of Industry 4.0, which aims to bring manufacturing back to the developed countries with technological integration, will be one of the key issues for the ASEAN region in the next five decades. How can ASEAN manage the potential impact of the Fourth Industrial Revolution?
The Secret to a Happy Working Life
Is the Japanese concept 'Ikigai' a key to a long, happy and meaningful life?
Turning Corner Grocers into Banks
Founded in 1958, Indonesia’s Bank Tabungan Pensiunan Nasional (BTPN) used to serve retired pensioners exclusively. In recent years, the bank has invested heavily in digital transformation, turning mom and pop groceries and small shops into digital branches.
Top 10 Fastest Growing Cities in the World
Think of the world’s wealthiest cities: New York, Tokyo, Los Angeles and London probably spring to mind. But based on annual gross domestic product (GDP) growth Asian cities – particularly those in India – are powering ahead of other urban economies.
Who Treats Workers Better?
Labor groups in Taiwan have been up in arms recently over the government’s labor policy. And there’s good reason for that, argues professor Hong-zen Wang, who says that workers in Taiwan have even fewer rights than those in less-developed Vietnam.
Are You Qualified to Work in Southeast Asia?
Southeast Asia, especially Thailand with its openness and thriving economy, is an attractive destination for living and working abroad. But competing in the job market is easier said than done as top talent flocks to the country.
India and China Together can Lead the Fourth Industrial Revolution. Here’s How
India and China together created approximately 13.5 million jobs last year. The benefit generated by the collaboration of the two countries will surely be significant, but is it possible to achieve?
The Most Popular Cities for Business Travelers
This chart tells you which cities handle the most air traffic of business travelers in the entire world. And Taipei is one of them.
Hong Kong-Taipei, World’s Busiest Airline Route 3 Years In A Row, Why?
When it comes to the world's busiest airline routes, you might be thinking of New York to Washington DC or London to Paris. However, it is the Hong Kong-Taipei route that topped the world's list for 3 consecutive years. Here are 3 reasons why.
These Startups Are Changing the Arab World
Startups and young entrepreneurs are one of the key factors to improve the state of the Arab world and the future ahead of them can be full of potential. How do they find the way to success amid the region's current geopolitical conflicts?
Why Migrant Workers are the Key to Asia’s Green Cities of the Future
Building Asia's green cities will change more than skylines. It can unlock social mobility, job opportunities and skills development.
8 Things You Need to Know about India’s Economy
India’s economic success in recent years has helped to ensure that South Asia is the fastest-growing region in the world – but it faces significant challenges alongside its opportunities. Here are eight things you need to know to understand the current state of India’s economy.
PChome Stakes Out its Territory
The key to the ‘Thailand 4.0’ plan is digitalization, with e-commerce participation a critical element of development. Taiwan-based PChome has set its sights on the opportunities presented by Thailand’s digital transformation.
Can Alipay Conquer Asia?
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.
The Battle for the Mekong River
Building strength in Southeast Asia means developing strongholds along the 4,000-kilometer Mekong River. This strategic waterway has become a strategic battleground for China, Japan and South Korea.
China’s Ubiquitous Shadow
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.
OPPO Challenges Samsung’s Dominance in Thailand
Chinese smartphone brand OPPO is now the second-largest brand in the ASEAN region, having surpassed Apple and trailing only Samsung.
Customized Medical Care Making Thailand Healthier
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.
Turning Small Sales into Big Business
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.
Tailor-made Programs Attract Vietnamese Students
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.
Lu Ping: Beijing’s 'Safest' Candidate Least Trusted in Hong Kong
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.
Key to Viral Success: "Never give up."
Fil-Canadian singer and Internet celebrity Mikey Bustos shared his keys to viral success: "Never give up."
How Technology is Changing Society
Nobuyuki Idei, Founder and CEO of Quantum Leaps and former Chairman of Sony Corporation, gives an opening speech in 2017 CommonWealth Economic Forum (CWEF).
The Superpower Balancing Act
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.
Political Liberalization the Right Track
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.
Slow Shopping Means More Joy
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.
Everyday Fashion
After four centuries, the fashion realm has descended from the top of the pyramid to embrace the 99 percent. And the 99 percent’s taste is sure to have a tighter focus on the “everyday.”
Tokyo Enjoys Life in the Slow Lane
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 Shanghai
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.
Taiwanese Expats Find Success in ASEAN
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.
Finding New Opportunities in ASEAN
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.
Taiwan’s Democratic Innovation ‘Connector’
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.
Taiwanese Makers Struggle as Chinese Tastes Move Upscale
As Chinese consumers develop a taste for the better life, Taiwanese manufacturers, who used to dominate China’s domestic market, are now being forced to transform themselves.
In Hot Pursuit of Japanese Treasure
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?
Singapore After Lee Kuan Yew
Former Singapore foreign Minister George Yeo talks about Singapore’s history, the challenge of national identity, and why it is important to learn from young people.
Cambodia: A Rose with Thorns
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.
Myanmar: Gambling on Tomorrow
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.
Jokowi Building a Maritime Power
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.
Vietnam, I Hate Myself for Loving You
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?
Indispensable Vietnam
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?
Who will be King?
2015 was supposed to mark the completion of the ASEAN Economic Community (AEC). Instead, the ten members of the Association of Southeast Asian Nations (ASEAN) are facing their toughest challenge in two decades as weakening national currencies and dropping raw material prices jeopardize ASEAN’s economic take-off.
Group Aims to Help Foreign Laborers
One out of every 40 people in Taiwan today is a migrant laborer from Southeast Asia. Now a "migrant workers' business school” founded by Taiwanese youths aims to help them realize their dreams.
China's New Economy Companies Win Big
In this year's Greater China Top 1000 Survey, new names have taken the top spots in growth, EPS and profits, and China's new economy upstarts have dislodged the old guard.
Kazakhstan--Young Country, Old Soul
Kazakhstan, the largest country in Central Asia and a predominantly Muslim nation sandwiched between Europe, Russia and China, has unveiled an economic policy to overhaul the country's transport infrastructure in the face of China's One Belt, One Road initiative.
Laos – Precious Aroma from the Colonial Era
You may never have heard how good it is, because French people in the know keep it secret. Grown in tiny quantities, yet ranking among the world's finest in quality, Laotian coffee is a heavenly brew.
The Asian Coffee Boom
As more people in Asia enjoy drinking coffee, the region has become No. 1 worldwide in the consumption of the 'blackgold,' surpassing Europe and the United States.
Soft Power, Percolated to Perfection
Taiwan produces relative few coffee beans, but it is a prime destination when Asians want to open cafés, roast good coffee, or grow premium beans. How has Taiwan gained renown as a premium coffee hub in such a short time?
I Call Taiwan My Second Home
Dang thi phuong lan, who is preparing to return to her native Vietnam after working for the same family for eleven years, recalls the highs and lows of her time in Taiwan, and how she came to see it as her home away from home.
Finding a Haven in Close-knit Family
Lai Lixia, one of many Chinese women who have made their homes in Taiwan, has found comfort and happiness in her close-knit family even if she is not always fully accepted by others.
Stan Shih: No Outsourcing Granddad's Role
In a large corporation you can make use of helpers as long as you delegate authority, but no one can take my place as a father and grandfather – there's nowhere to outsource this task.
Taiwan's Diverse Families
For many, the changing face of Taiwan's families can make family reunions over the Lunar New Year holiday difficult. But in this changing world, it may be finally time to let go of entrenched beliefs and accept people for who they are.
Yunnan: The Place to Find Talent
It may not come right to mind, but the quickest route to finding skilled personnel to take on the ASEAN region is Yunnan, the one-stop shop for Southeast Asian language experts.
Adventure the Only Game in Town
Cambodia only awakened from its nightmare under the Khmer Rouge 30 years ago, but prices in Phnom Penh are already higher than in Taipei. Open to any kind of foreign investment, the city has become an adventurer's haven full of opportunities.
The Indian Ocean's Shenzhen
The ambitious Dawei Special Economic Zone hopes to become Asia's biggest deep-sea port. Once it's completed, the distance between Bangkok and the Indian Ocean will be 90 percent shorter.
Gateway to the N. ASEAN Region
Railroads, highways, waterways and sea lanes linking China and the northern ASEAN region pass through regional hub Bangkok. Betting on the Thai capital appears to be a smart move for anyone who wants to invest in the region.
Future N. ASEAN Capital?
The city of Kunming, located deep in China far from any coast, shares many ethnic, linguistic and cultural characteristics in common with Southeast Asia. The completion of major transportation infrastructure projects has transformed the city into a strategic center for making inroads into the ASEAN region.
Asia's New Trade Corridor
Strategically located between China and South Asia, the northern countries of ASEAN are planning a massive infrastructure binge with China's help that will change the face of trade in Asia.
Is 'Degrowth' the Way?
Population decline is debilitating Japan’s local economies. But is economic growth the only way? Over the past decade an emphasis on interpersonal interaction, community development and happiness has gained rapid currency.
Living Out Life at Home Isn't a Dream
As Japan looks forward to becoming a hyper-aging society, the government has begun encouraging the elderly to "live out their years at home," integrating medical treatment and long-term care to forge environments preferable to old age homes.
Japan Calls Women, Seniors to the Rescue
Japan's population is on the decline, with potentially disastrous consequences for the economy. Tokyo has responded with a population policy for the first time in 70 years that will put women and seniors in the spotlight.
The 'Glue' that Keeps Israel Together
In Israel, military service is more important than education. During training, Israelis learn to lift up their comrades, take on responsibility, and hone the problem-solving skills they will use for the rest of their lives.
Synergy in the Making
Israel may be a hot investment destination, but Taiwan has been late in joining the bandwagon. Two Taiwanese companies active in Israel share three secrets for working with Israeli companies.
Secrets to Startup Success
Why was Google willing to spend US$1.5 billion on a tiny five year-old Israeli startup? Why did Intel locate its largest overseas R&D center in Israel? The answer is simple: Israelis have little to offer, except their smarts.
Chinese E-commerce Giants Surge
This year's CommonWealth Magazine Greater China Top 1000 Survey found that the competitiveness of Taiwan's companies continues to erode while Chinese e-commerce giants have remained on the ascendance.
Be Prepared, Be Competitive, Be Inclusive
South Korea has a strong infrastructure in place for negotiating and carrying out FTAs, but it wasn't always that way. The lessons gained over the past 20 years offer plenty for Taiwan to think about.
The Beauty and Beastliness of Free Trade
With a vast network of free trade agreements, South Korea's trade volume has surpassed Taiwan's by leaps and bounds. Yet its society is polarized by a widening wealth gap. What lessons can Taiwan learn?
Indonesia: Fierce Tiger or Sick Cat?
Once touted as a BRIC country, Indonesia is now a member of the "Fragile Five," its economic weaknesses exposed by the retreat of hot money. What are the prospects for this country in transition?
500 Days to Survive
Chinese and South Korean display makers will soon launch eight production lines for large-size TV screens in China. How can Taiwan's leading makers of LCD TV panels survive this offensive? What are their counterstrategies?
Why Taiwanese Are Willing to Be Foreign Workers
Why would young Taiwanese want to work in Singapore as low-skilled migrant workers? Why would they still want to go even if they are exploited and treated badly?
Hope in Taiwan
These are simply not the worst of times for Taiwan – thanks to the many people rolling up their sleeves, taking responsibility, breaking new ground, dedicating themselves, and making a difference.
Japan Inc. Returns to Asia
South Korea has upstaged Japan economically in recent years, leaving Japanese companies feeling isolated and imbued with a sense of crisis. They are counting on Asia to get back in the game.
Abe's Battle between Head and Heart
After six years in the political wilderness following a failed first stint as prime minister, Shinzo Abe is back, and so is Japan. CommonWealth Magazine takes an in-depth look at the keys to the two closely linked revivals.
Crossing the Strait of No Return
China boasts 10 times more resources than Taiwan, and 100 times the limelight. But once a Taiwanese exec has made the move to China, they often find no way back. How can Taiwan retain its native talent?
Overseas Shift Leads to Record Profits
Bucking trends, Taiwan's financial sector has surged to its highest profitability since the global financial crisis, largely driven by opportunities farther afield, in China and Asean.
Thailand and Malaysia Hit Their Stride
Southeast Asia now stands as the world's most promising market, and the brightest jewels in the crown are up-and-comers Thailand and Malaysia.
Taiwan Goes on a Shopping Spree
Property, equities, bonds, currencies... the bull is roaming the markets of Southeast Asia, and ASEAN has taken the place of the U.S. and Europe in the hearts of Taiwanese investors.
The Man Who Brings Water to Bath
One of Asia's 25 most powerful entrepreneurs, he controls electricity transmission in South Australia and water services in southwest England. But what's on his mind right now is some down-home cooking...
The New Faces of Asia
More than the center of the world's economy, Asia is the future, a stage on which a new generation of adaptable, connected and resilient Asians are living out their dreams.
Asia Ascendant
On the strength of its talent, opportunities, investment and new wealth, Asia is eclipsing the Eurozone and U.S., as a potential middle class of 3.2 billion reshapes the region as the world's biggest market.
800 Outlets Worldwide in Three Years
The orange and white CoCo Fresh Drinks sign has gone up in a thousand locations worldwide. The strength of its brand and personnel management is even enticing entrepreneurs in Singapore, South Korea and Russia.
Taiwan's New Land of Opportunity
Indonesia is one of the world's fastest growing emerging markets and the place where Taiwan's high-tech companies are looking to drive future growth. What makes them so upbeat?
Unfamiliar Family Members
They are the neighbors, helpers and family members of the Taiwanese, yet to many they remain strangers. The single largest group of foreign nationals in Taiwan, Indonesians face many challenges fitting in.
The Spinoff Samsung Regrets
Nine out of ten smartphones in Taiwan are fitted with its Line app. It has left Google to starve in South Korea, and captured the hearts of Japanese gamers. What was Samsung thinking when it let this online juggernaut go?
Leaving Taiwan in the Dust, at a Price
Once a poor second cousin to Taiwan, South Korea now exports twice as much as Taiwan. Why has Taiwan fallen behind, and what have been the costs of South Korea's rise?
A Small City's Grand Vision
As the unrivaled center of traditional Japanese arts and crafts, Kanazawa invests massively in training artisans, and is committed to creating an environment where all residents can explore their artistic potential.
Tradition with an Innovative Twist
Founded 400 years ago as a cultural center, Kanazawa boasts a rich artistic heritage, which it lavishes with love, labor and generous investments. How is this city breathing new life into its creative and cultural industries?
Cultivating Taiwan, Creating Local Happiness
Among this year's highest ranking corporate citizens stands a decades-old member of a distinctly conventional industry – air conditioning.
Luxury Hotels Converge on Taipei
In the 1990s, the Regent and Grand Hyatt dominated Taipei’s luxury hotel market, but times are finally changing as new five-star hotels pour into the city. The question is, why?
Priming 12 Million Young Leaders
In Bangladesh thousands of children drown every year in monsoon floods. But one Olympic legacy program is teach youngsters to swim, and to save themselves when swelling rivers inundate their homes.
The Last Samurai?
From world-beater to faded glory, Japan's home electronics industry has come to an existential crossroads, and like fallen nobility maintains its sleek, shiny exterior, awaiting some nebulous shot at a future comeback.
Four Places, Four Faces
Nearly a year has passed since the Great Tohoku Earthquake. Through the eyes of a housewife, an engineer, a reporter and a volunteer worker, we look at how the lives of the Japanese have changed, the fears they face, and the lessons they have learned.
Stars of the Asian Century
The Four Little Dragons of East Asia have grown up. From centers of contract manufacturing, they have metamorphosed into centers of finance and trade – the "NIE-4" of Asia. But how can they parlay their wealth into equity and happiness?
Can Happiness Actually Work?
Forgoing the temptations of economic growth, Bhutan favors "Gross National Happiness" over GDP. But can it stop the material world from seeping into its national fabric?
Bhutan Wants Happiness – What does Taiwan Want?
Bhutan is committed to the well-being and happiness of its people. National development has a vision, concrete goals and ways to achieve them. Which road should Taiwan take in its national development?
A Rebellious Generation Changes Bhutan
Unlike preceding generations, the Bhutanese youth of today are not content to live in poverty and rely on the government for help. They are symbolic of a changing Bhutan and the hope of achieving economic prosperity.
Taking a Different Road
Traveling the length of gently curving Provincial Highway No. 1, CommonWealth Magazine witnesses the rising vitality of grassroots Taiwan, and discovers seven traits that enable countless Taiwanese to prevail.
Reunited after Nearly Four Centuries
Split in two 360 years ago, the painting "Dwelling in the Fuchun Mountains" has come together again at Taipei's National Palace Museum. What is the best way to take in this legendary painting?