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HSBC Private Bank recently revealed the induction of Edward Chiu as the Market Head for Onshore Taiwan, effective from June 1, 2026. This is part of their strategy to fortify their onshore operations in Taiwan. Edward Chiu brings over two decades of exemplary…
In an ambitious move towards global expansion, Grab, Southeast Asia’s leading ride-hailing and delivery company, has announced its first venture beyond its home territory. The Singapore-based firm will acquire the Taiwan branch of Delivery Hero’s Foodpanda…
FedEx, a leading express transportation company worldwide, is bolstering its Asia Pacific network by unveiling its recently expanded Transhipment Centre at Taoyuan International Airport. This development symbolizes FedEx’s most substantial investment in…
The Singapore-founded super app, Grab, has declared its venture beyond Southeast Asia with a proposed acquisition of Foodpanda’s Taiwan operation, owned by Delivery Hero, for a cash sum of US$600 million. This acquisition is anticipated to conclude in the…
Subway, an international quick-service food brand, has recently reached an agreement with Yellowstone Investment to be its primary franchise partner in Taiwan. Their strategic plan is to drive the growth of the brand across the island over the next ten years.…
Chunghwa Telecom, a Taiwan-based telecommunications company, has officially partnered with SES, a satellite operator based in Luxembourg. The two companies have struck a Memorandum of Understanding (MoU) to develop the first second-generation O3b mPower…
In an unexpected grand gesture, Nomura Holdings Taiwan, a leading investment firm, gifted every one of its employees an iPhone 17 Pro Max at the company’s year-end party. This generous move, which left social media in shock, was not a raffle or dependent on…
The Taiwanese bakery, Miopane, has successfully ventured into the United States market, launching its first store in Pasadena, Los Angeles. The Pasadena store boasts an open, production-centric layout, highlighting bagels showcased behind a glass counter with…
A surge of new shopping centers is expected to hit the market in Taiwan this year as developers maintain their commitment to large-scale multipurpose ventures. One of the most anticipated launches is the Far Eastern Sogo Department Store’s Garden City in…
Taiwan is set to elevate its national communications infrastructure’s robustness by building five new undersea communications cables. This ambitious step is part of a comprehensive strategy aimed at reinforcing the resilience and reliability of the nation’s…
The revenue for Taiwan’s fixed communication services market is predicted to increase from USD 3.3 billion in 2025 to USD 3.4 billion in 2030, showing a slow compound annual growth rate (CAGR) of 0.4%. This sluggish expansion is primarily due to a continuous…
Taiwan has initiated a significant endeavour to advance next-generation communication technology through the establishment of the Taiwan NextGen Communications Alliance (TNGCA). This alliance comprises over 50 companies and is backed by a six-year national…
Google has inaugurated a new engineering center in Taiwan dedicated to artificial intelligence (AI) infrastructure hardware, marking its largest establishment of this kind outside the United States. This move underscores Taiwan’s pivotal role in the global…
Chelsea Chu, a veteran banking executive, has been appointed to head the corporate banking division of the American financial institution, Citi, in Taiwan. Based out of Taipei, Chu is expected to leverage her considerable experience in banking to enhance the…
Taiwan’s mobile service sector is poised for a notable uptick, projected to grow from USD 5.9 billion in 2025 to USD 6.2 billion by 2030. This increase, marking a 1% compound annual growth rate (CAGR), is primarily driven by the robust uptake of 5G technology…
FamilyMart, a renowned convenience store chain, is stepping up its growth strategy in Taiwan. The company has announced plans to inaugurate 100 new outlets this year, a significant step towards their long-term objective of establishing 5000 stores by 2029.…
