TAIWAN

07 December 2022

Social-distancing rules led to many nail salons closing during the COVID-19 pandemic, prompting two university classmates to step out of their comfort zones and invest a significant sum in starting up a home-based nail art business. The duo design and produce relatively environmentally friendly and easy-to-use nail art stickers that allow even novices to easily decorate their own nails. More

hktdc research

Shenzhen Offers Living Allowance to Hong Kong, Macao, Taiwan and Expat PhD Graduates

25 May 2022

Shenzhen is offering a living allowance to PhD graduates under the age of 35 who have taken up full-time employment in the city after 1 September 2021. Qualified Hong Kong, Macao, Taiwan and ex-pat PhD degree holders moving to the city are also eligible for the same benefit. This measure will be in force for five years starting from 15 April. More

Sustainability

Taiwan plugs in to EV boom

18 May 2022

As the global call to reduce carbon emissions continues to grow, new‑energy vehicle production has become a more urgent priority. More

Market Opportunities

Europe conflict raises price pressures in Taiwan

11 May 2022

Although neither Russia nor Ukraine number among Taiwan’s leading trading partners, the European conflict has already dealt a blow to the territory’s economy. The conflict is likely to contribute to a rise in inflation, which is now expected to exceed 2% this year. More

hktdc research

Taiwan Residents May Set Up Businesses in Pilot Services Trade Zones

31 March 2022

Starting from 16 March, Taiwan residents may register individually-owned businesses (except for franchise operations) in pilot areas for the innovative development of service industries. The time limit of the pilot programme is the same as that set out in the relevant area plans and the scope of qualifying businesses is specified in a “market access list”. More

Market Opportunities

Build your own universe

31 March 2022

Non-fungible tokens (NFTs) are pulling real-world assets into the metaverse and giving them value in the content-owner-driven world of Web 3.0. But since the metaverse is content-only and everyone can create items from scratch, or even virtualise real-world performers and let them live forever, why not go all-virtual? More

Tech & Innovation

Always at your service

28 March 2022

Digital marketplace platform Toby offers services ranging from dance lessons and physiotherapy to cleaning and home renovation. Established in 2016, it currently has nearly a million users across Hong Kong, Taiwan and Singapore and hosts more than 80,000 businesses and service providers. More

Market Opportunities

SMEs plugged into global logistics network　

09 March 2022

Online transactions have become popular, ranging from purchases of daily necessities to home appliances and furniture. More

Creativity & Lifestyle

Local brand comes home

17 February 2022

Sales of consumer goods such as watches and clothing serve as a gauge for the economy. The worldwide COVID-19 pandemic made consumers cautious, but now, as markets begin to recover, Hong Kong watch brand Glitzy Owl, which initially rolled out in Japan and Taiwan last year, is setting sights on its home market. More

hktdc research

Accreditation of More Multinational Corporation Headquarters Begins in Shenzhen

19 October 2021

Shenzhen is accepting applications for the accreditation of a second batch of multinational corporation headquarters until 31 October. Qualified multinational corporations in Hong Kong, Macao and Taiwan may submit applications to set up headquarters in Shenzhen in accordance with the application guidelines. More

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