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.
Appealing to Southeast Asian Markets with Taiwanese Quality
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.
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.
Upstart Brand Challenges Samsung’s Dominance
Chinese smartphone brand OPPO is now the second-largest brand in the ASEAN region, having surpassed Apple and trailing only Samsung.
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.
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.
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?
A Battle of Size vs. Quality
In this year's Greater China top 1,000, sales were up, but many mainstays failed to make the cut, as a titanic struggle of business philosophies unfolded. Which companies emerged as the biggest winners?
Tango on the Top Rung
In as little as a decade, China will eclipse the U.S. as the world's biggest economy. As America shares its superpower status with China, their often contradictory rivalry is becoming a decisive factor in the fate of Taiwan, and the world.
China Sets the Rules – How to Win the Game?
Promoting its own standards and rewriting the game rules across a range of industries, China hopes to go head-to-head with the leading standards of the West. Once China can "call the shots," how can Taiwan reap the rewards?
Japanese Consumers Take the Low Road
Once denizens of a primary battleground for top-quality branded goods, the Japanese are now tightening their belts. Yoshinoya's new low-end Beef Bowl speaks volumes about the Japanese market's sea change.
Redefining Japan's Publishing Industry
Japan-based Bookoff has developed a new model for selling used books that is changing the face of Japan's publishing sector and reading environment. What are the secrets of its success?
China's Trillion-Dollar SME Bonanza
Taiwan's "godfather of forex," now deeply engaged in China's burgeoning commercial banking sector, ponders the grand harvest that potentially awaits Taiwanese banks in China, and the strategies necessary to succeed there.
Soaring Again, with Direct Tokyo Flights
Things are looking up for Songshan Airport. With a new direct link to Tokyo, it's taking an ever-bigger bite of the commercial market pie, and Taiwan's importance in the Asian airline industry continues to rise.
Sharing Japan's Experience with Asia
Yuriko Koike, the opening speaker at the upcoming CommonWealth Economic Forum, is Japan's most high-profile woman politician, with her eyes set on the post of prime minister. What role does she envision for Japan in the new Asia?
I Want to Create 'the McDonald's of the East'
With its sleek, modern interior, Vietnam's popular restaurant chain Pho24 is taking the traditional bowl of noodles to new heights. How did founder Ly Qui Trung win out against the multinational fast food competition?
Tapping Indonesia's Middle Class
As Indonesia shifts from exports to an economy driven by domestic demand, its Taiwanese business presence is also shifting from manufacturing to the service industry. What are the secrets to tapping this new source of wealth?
Indonesia, Vietnam: Asia's New Economic Stars
Indonesia is BlackBerry's fastest growing market in the world. Vietnam was chosen by Intel for its new US$1 billion wafer factory. How have these two countries become Asia's newest stars?
Carving Out a Kingdom in Vietnam
When their father took his own life, Albert and Arthur Ting suddenly faced the huge task of finishing his half-built empire. Shunning the spotlight, they have spent half a decade quietly constructing a sprawling new suburb south of Saigon.
Korea's Unstoppable Conglomerates
The global market share of South Korea's biggest companies is on the rise. How have these chaebols managed to stay both big and flexible, and why are they so competitive?
Exporting Korean Beauty
From Seoul's trendy Myeongdong shopping district to the vanity tables of Europe and America, the brands of South Korean cosmetics giant Amore Pacific are increasingly at home, as beauty becomes the latest Korean craze to sweep the globe.
Going Local, Giving Detroit a Drubbing
Last year as leading Japanese automaker Toyota plunged into crisis, South Korea's Hyundai swiftly seized the day, surging to fourth place in global rankings. This incredible "Hyundai speed" has since become the model to emulate.
Korea Sets Up Shop in China
Around 800,000 South Korean businessmen are presently in China, flexibly assimilating their companies into the Chinese business environment, and amassing US$140 billion in bilateral trade.
Dogged by War, Burning with Ambition
CommonWealth Magazine was in Seoul recently to find out how South Korea emerged stronger from the global economic meltdown and what its future ambitions are.
A Dream that Fits to a 'T'
This time he's no pop star. Donning the cap of an ordinary small businessman, Ashin is spearheading one of Taiwan's most successful fashion brands. What does Stayreal say about the changing face of "Made in Taiwan?"
A New Stage for Asia
In January 2010, the elite of the Asian economic establishment came together in Taipei to discuss the challenges and opportunities that lie ahead, in an annual forum with Asia as its focus.
Asia's Most Mysterious Investor
In this exclusive interview, Dr. Tan gives his insights on the global economy in the aftermath of the financial crisis, and the opportunities for Asian banks.
Silas Siu-shun Yang
When no one else was gung ho about China, Silas Siu-shun Yang daringly expanded his accounting firm into China. And when Arthur Andersen collapsed, Yang again moved quickly to grab his stricken competitor’s staff in China. Where does this seasoned China hand see new opportunities in Asia in 2010?
The Pulse of Multinationals
Casting an eye across the globe, there is nowhere its shadow isn't cast. Its services may just lie behind that ATM card you use or that express delivery package you received. How does India's biggest information services concern intend to expand its presence in the Taiwan market?
Vincci Shoes Conquer ASEAN
One Malaysian fashion brand is ruling the hearts of ASEAN, with footwear as well-made as Western brands, designed with Asians in mind.
Air Asia – Now Everyone Can Fly
With the rising consumption power of Southeast Asia, many homegrown businesses are becoming regional giants with dominant market positions, by understanding local cultures and embracing an "ASEAN way of thinking."Air Asia is one prime example.
Where Does Taiwan Fit In?
ASEAN is now Taiwan's second largest export market, making Taiwan's participation in an integrated East Asia essential. The next five years will determine whether that happens.
Nanning's Miraculous Rise
Within a short span of five years, a new regional cooperation strategy between China and ASEAN has turned the sleepy backwater of Nanning into China's glitzy gateway to Southeast Asia.
Taipei's New West Side Story
Steeped in culture and basking in a wave of urban renewal, Taipei's West Side is undergoing a quiet metamorphosis. A new gateway to Taiwan, a new oasis in Taipei, the city's West Side is currently standing on the threshold of rejuvenation.
Aravind: Efficiency in a Battle with Blindness
India has the largest population of blind people in the world. Aravind Eye Hospitals offer free operations for poor people, yet by maximizing efficiency can still turn a profit of nearly US$8 million a year.
Tata's Nano Ambitions
The ultra-affordable Nano means ordinary Indian families need no longer brave the rains squeezed together on a motorbike, and it may help Tata Motors ride the energy-conservation wave into Europe and North America.
Russian Brainpower
After the breakup of the Soviet Union, the world swept in to scoop up Russia's skilled engineers and scientists. Now they have not only become behind-the-scenes movers and shakers in the global tech industry, they are also the key to Russia's resurgence.
Can the Bear Rebound?
Reliant on its abundant resources to fuel an economic resurgence, Russia has been dealt a hard blow by the global economic crisis. Characterized in the Western media as a misguided, dangerous bear, can Russia regain its former glory?
Brazil Beckons
Already an important source of the world's raw materials, Brazil is taking shape as a new frontier of business opportunity, an increasingly important market for companies, and fertile soil for enterprising Taiwanese business people.
Prius: Toyota's Green Parachute?
Toyota for the first time ranks as the world's number-one automaker, yet it faces declining market demand. The hybrid Prius is its only model bucking that trend. Is the eco-friendly car the shot in the arm Toyota desperately needs?
Asia's Grand New Proving Ground
With its active cultivation of civil servants, attraction of global talent and penchant for constantly reinventing itself, the tiny city-state of Singapore has many lessons to share.
Attracting World Talent
In this exclusive interview, Singapore's Prime Minister talks about staying competitive in a climate of constant change, being the beacon for liveable cities in Asia, and enticing a top-flight work force.
Taiwanese Business Sinks Roots in Vietnam
Amid Vietnam's current financial crisis, one industrial park was able to buck the trend, attracting an influx of large corporate tenants. What lies behind its success?
Has Midnight Struck for Asia's Cinderella?
Once the new promised land for Taiwanese investors, Vietnam is now beset with a volatile stock market, hyperinflation, and high interest rates. What can embattled Taiwanese businesses do to win in Vietnam?
A Taiwanese Triumphs in the Japanese World of Go
Eighteen-year-old Go prodigy Hsieh Yi Min has stunned Japan by winning several major Go tournaments. Her rise to the top is a story of perseverance in a fiercely competitive environment.
Macao: Gambling for the Gold
While world-class casinos are showering Macao with wealth, many local residents of this former Portuguese colony question the price they must pay.
Seoul: An Old City Embraces the Future
All of Seoul seems to be looking into the future, as the city's infatuation with broadband has turned it into a model of tomorrow's digital lifestyle.
Bangkok: Embracing the World with a Smile
Eight million people, eight million smiles. The most tolerant of Asia's cities, Bangkok is described by Westerners as a place you never want to leave. How does this internationalized city preserve its allure?
The Rise of the Asian Hemisphere
Once minor actors on the world stage, Asian cities are now coming out from the shadows, with new creativity and vitality, making the region hot and hip.
Taichung's Cultural Stage Lets Economy Shine
Shedding its seedy reputation of the past, Taichung is putting its best cultural face forward internationally, with a future full of imagination.
Feet in India, Eyes on the Middle East and Africa
On the dirt roads of India, it’s hard to get around in dress shoes. In Taiwan, Synnex’s swift delivery fleet is its pride and joy, but in India they’re doing logistics the Indian way.
First India, then the World
The blazing hot Indian construction market has become the starting line in one Taiwanese company’s race toward a global presence.
Seeing the True Essence of Life
Architect Kris Yao recalls the surprises, incongruities and moments of growth that happen while traveling in India.
India: Boundless Opportunities, Plenty of Pitfalls
Taiwanese enterprises have entered India in droves. But can they get a solid footing in this enigmatic country, and along with it, overcome their growing pains?
Commodities and Capital Goods Forever
Looking forward, it may be resources, capital and heavy industries, rather than traditional export industries, that drive the Asian regional economy.
The Physicist Who Fights Poverty
Vinod Raina, an Indian grass-roots activist in education and rural development, talks about empowering local communities and building a global network of ordinary people.
Asia Rebounds, Taiwan Slumps
Ten years ago, Asia was rocked by a severe financial crisis. Now the region prospers more than ever before. Yet during the same period, Taiwan's prospects have dimmed. How have other Asian countries been able to turn their fortunes around?
Second Wave Southward
China Makes Its Move on Southeast Asia
As China’s position in the global economy rises, its power is extending southward. This newfound relationship of mutual support with Southeast Asia holds deep strategic implications.
The New Asian Gold Rush
One of the earth's most complex regions, ASEAN is also currently the world's hottest market. Four major trends are behind this sizzling South Sea Fever.
Curricula for Taiwanese Enterprises that have Branched out across the Globe
With a Southeast Asian economic boom fueling demand for business professionals, Taiwan's universities are recruiting large numbers of Southeast Asian students in what has become a new, lucrative trend.
Peggy Chiao's Lonely Trip to the Movies
While few Taiwanese show interest in Taiwanese films, internationally recognized filmmaker Peggy Chiao aims to prove that Taiwan can put out major motion pictures that move millions.
Himin: China's Solar Giant
Once a traditional agricultural area in Shandong, Dezhou is now known as "Solar Valley". And at the vanguard of its drive toward renewable energy is Himin Solar Energy Group.
The Fortysomething Killing Fields
In the Taiwanese business world, the people at the top often topple. What factors fill executive life with such peril? And what lessons should Taiwan’s management class learn?
A Confucian Capitalist Goes Global
Haier is China’s most respected brand, and its CEO is the country’s most respected business leader. With a determined dedication to quality, China’s premier home appliance brand has now cast its eyes on the world…
Taiwan's Golden Decade of Biotech
Paladin of biomedical research Y.T. Chen talks of Taiwan’s scientific diaspora, and his strategy for turning biotech into the next economic boom.
Taiwanese Savor Sweet Charity
Like many other places around the world, Taiwanese are discovering the joys of lending a helping hand, as the focus on “Me” gives way to a philosophy of “We.”