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Will trimmed subsidy roll back knock the wind out of Taiwan’s offshore turbine sector?

A retrospective reduction in subsidies for offshore wind power development by Taiwan could take the wind out of international developers’ sails, and erode some of the sector’s attractiveness relative to Japan, mainland China and South Korea as an investment destination. The Taiwan government had proposed an aggressive cutback in subsidies for offshore wind power projects in November 2018, after the ruling Democratic Progressive Party suffered a major election setback at the hands of the opposition Kuomintang Party, which has criticised offshore wind subsidies previously given as too generous. It initially…

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China 

As US and China battle over trade tariffs, Taiwan’s underdog city waits patiently for its day

One of the biggest beneficiaries of the trade war between the United States and China may turn out to be a gritty Taiwanese town called Taoyuan. A former Japanese enclave to the west of Taipei, Taoyuan had long suffered as local businesses shifted factories to the mainland to benefit from cheap labour and globalising trade. But as tensions between the world’s two largest economies escalate, Taiwan’s biggest technology firms are moving some production back home and many are turning to the city of 2 million on the northwestern coast. The…

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Singapore 

Taiwan’s Tiger Sugar bubble milk tea to open at Singapore’s Capitol Piazza in early Nov, Singapore, Food News

SINGAPORE – Calling all milk tea lovers, Instagram addicts and those who call themselves both. Tiger Sugar, the latest bubble milk tea craze to hit Taiwan, will be making its foray into the South-east Asian market with a Singapore outlet in early November. Mr Trevor Fong, the managing director of parent brand Clover Lifestyle, confirmed with The Straits Times on Monday (Oct 8) that Tiger Sugar Singapore’s flagship store will be located at Capitol Piazza near City Hall MRT station. Fans in Singapore were previously left guessing about the store’s…

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