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Following the victory of the Democratic Progressive Party (DPP) in Taiwan’s presidential election, a report by the Asia Society Policy Institute (ASPI) suggests that Beijing might escalate activities in gray zone areas. The report highlights Taiwan’s increased geopolitical prominence and its pivotal role in semiconductor manufacturing, making the stability of the Taiwan Strait a key concern for the U.S. and other Western nations. The report also notes that Vice President Lai Ching-te won the election by over 40% of votes, breaking the trend of switching ruling parties every eight years since direct presidential elections were implemented in 1996. The victorious DPP aims to strengthen Taiwan’s defenses and relations with like-minded nations while resisting negotiations with Beijing. Additionally, the party seeks to reduce Taiwan’s trade dependency on China and strengthen ties with significant partners such as Australia, Europe, and Japan. With no party securing a majority in the legislative assembly, the DPP faces a ＂minority government and majority opposition＂ scenario, which could hinder the government’s legislative and budgeting process and impact Taiwan-U.S. ties. Despite the election, cross-strait relations and regional tensions are unlikely to undergo fundamental changes. Taiwan’s vital position in semiconductor manufacturing and geopolitics ensures its continued rise in importance, with the U.S. and Western nations playing a crucial role in maintaining stability in the Taiwan Strait. The upcoming U.S. presidential election in November is expected to significantly impact the U.S.-China-Taiwan triangle, and a potential return of former President Trump to the White House might please Beijing, according to the report.

If Kuomintang (KMT) candidate Hou Yu-ih wins the election, Taiwan’s political and economic situation could undergo significant changes, potentially easing tensions with China, according to a report by Nikkei Asia. Hou, a former police officer, has risen quickly in the political scene and is seen as a ＂law and order＂ poster child. Many Taiwanese voters are tired of President Tsai Ing-wen’s eight-year reign, especially regarding the increasing threat from China and slowing economic growth. Hou frames the election as a choice between peace and war, emphasizing the need to maintain good cross-strait relations. He accepts the 1992 Consensus and promises to restart the Cross-Strait Service Trade Agreement (CSSTA). Additionally, Hou advocates for a tough stance against crime and opposes the abolition of the death penalty, vowing to execute capital punishment if elected.

Taiwan People’s Party (TPP) vice-presidential candidate Cynthia Wu aims to tackle societal issues and improve Taiwan’s working environment. In an interview with Deutsche Welle, Wu characterizes the cooperation between Kuomintang (KMT) and China as too close, while the Democratic Progressive Party (DPP) is overly confrontational. She believes the ＂1992 consensus＂ needs updating and suggests that China propose a new treaty to foster dialogue. Wu acknowledges her privileged background and welcomes the nickname ＂Princess＂ given by the media. She emphasizes her attention to economically vulnerable populations, drawing on her work experience in London and business travels in Asia, Brazil, India, and Kenya. Wu was chosen as the primary election partner by party chairperson Ko Wen-je for her business background and international investment experience.

Acclaimed South Korean actor Lee Sun-kyun, known for his roles in popular films and television dramas such as ’Coffee Prince,’ ’My Mister,’ and ’Parasite,’ was found dead in his car in a suspected suicide. Lee had gained extensive popularity across Asia, including Taiwan, where he had visited in 2019 to promote his film ’Take Point.’ His performance in ’My Mister’ had received rave reviews, and ’Parasite’ had won both the Golden Globe Award for Best Foreign Language Film and the Academy Award for Best Picture. Despite his success, Lee’s career was overshadowed by suspicion of drug involvement, ultimately leading to his tragic end, deeply saddening fans worldwide.

Taiwan’s badminton player Tai Tzu-ying, the silver medalist at the Tokyo 2020 Olympics, has been recognized as ＂one of the top players in the world＂ by Malaysian newspaper ＂The Star＂ after winning the World Tour Finals. With victories at the Badminton Asia Championships, 2023 Taipei Open, and the World Tour Finals, the 29-year-old earned a prize of US$200,000 (approximately NT$6.3 million) and 12,000 world ranking points, positioning her well for the Paris Olympics seedings. Tai’s competitors in Paris include China’s Chen Yufei, South Korea’s An Se-young, Japan’s Akane Yamaguchi, and Spain’s Carolina Marin. In an interview with the Badminton World Federation (BWF), Tai emphasized the importance of maintaining her health as she prepares for the Olympics. She also confirmed that the Paris games will be her last, making it her most crucial opportunity to win a gold medal.

U.S. President Joe Biden has signed the Fiscal Year 2024 National Defense Authorization Act (FY2024 NDAA), which includes a comprehensive training program for Taiwan’s military. The program aims to enhance Taiwan’s self-defense capabilities and will be overseen by the U.S. Secretary of Defense. The legislation, which has received approval from both houses of the U.S. Congress, allocates a total of US＄886 billion for this purpose. The training program will focus on layered defense, asymmetric defense strategies, cross-communication between the U.S. and Taiwan’s military, information sharing, and the improvement of professional military education and civilian control over the military. Additionally, the act emphasizes collaboration between the U.S. and Taiwan on military cyber security and requires regular updates on Taiwan arm sales proceedings. It also mandates the Secretary of Defense to submit biannual reports to Congress on the military developments of the People’s Republic of China, particularly in areas such as Taiwan, Southeast Asia, and the South China Sea, covering topics such as weapon upgrades, procurement, and military operations.

The Taiwan Carbon Solution Exchange (TCX) has launched its first international carbon credit transactions, offering credits sourced from various regions in Asia, Africa, and South America. Notable companies such as TSMC, Foxconn, China Steel Corporation, and Taiwan Financial Holding have expressed interest in participating in the inaugural trade event. The initial batch of credits available on the Taiwan Carbon Exchange is estimated to range from 50,000 to 100,000 tons and has been certified by the Gold Standard. Once procured, these credits cannot be resold on the carbon exchange platform, and their use will be determined by each company’s individual needs. It is important to note that these credits have international ＂voluntary＂ carbon rights and do not fall under ＂mandatory＂ carbon pricing, meaning they cannot be used to offset Europe’s Carbon Border Adjustment Mechanism (CBAM).

AU Optronics Corp. (AUO) plans to close its display production line in Singapore by the end of December, affecting around 500 employees. The company is moving its manufacturing equipment back to Taiwan and offering Taiwanese staff in Singapore the choice to relocate to Taiwan or transfer to Vietnam. AUO aims to expand its display module capacities in Vietnam. The company confirmed that its Singapore base will transform into a hub for providing smart solutions and will serve as its operations center in Southeast Asia. This move is in response to the growing preference for Organic Light Emitting Diode (OLED) technology in smartphones, tablets, and laptops, posing challenges to the Liquid Crystal Display (LCD) industry. Most of the equipment will be relocated to AUO’s Longtan plant, which is actively developing microLED displays in line with Apple’s strategy.

Evergreen Marine Corp, a Taiwanese shipping company, has temporarily suspended its shipping services through the Red Sea due to security threats posed by Houthi militants. This decision comes after a series of attacks on commercial ships by the Yemen-based group, which has escalated tensions in the region. Evergreen joins other global shipping giants, including Orient Overseas Container Line, CMA CGM, Maersk Group, Hapag-Lloyd, and Mediterranean Shipping Company, in halting passage through the Red Sea. The attacks by the Houthis, aimed at blocking ships en route to Israel, have led to the interception of drones and missiles by the U.S. Navy, British Navy, and French Navy. In response to the exacerbating security situation, Evergreen has rerouted its ships from Asia to the Mediterranean and the U.S. East Coast to avoid the Red Sea. British Petroleum (BP) has also suspended its oil transit through the Red Sea due to increased risks.

Taipei actor Greg Hsu’s appearance in a music video by Mandopop legend Jay Chou at the age of 13 has shocked fans online. In a throwback clip from Chou’s ＂Class 3-2＂ music video, a young Hsu can be seen playing table tennis while wearing black-rimmed glasses. Despite his rounder face, his distinctive features are already evident. The discovery of this footage has sparked surprise and admiration for Hsu’s transformation from a young table tennis player to a heartthrob. Now 32 years old, Hsu gained fame through his breakout role in the Taiwanese drama ＂Someday or One Day＂ and has become immensely popular across Asia, particularly in China and South Korea. Hsu has revealed that he took up sports, including table tennis, to manage his childhood asthma. His talent in the sport earned him a spot on the elementary school team and eventually led to his cameo in Chou’s music video. ＂Someday or One Day,＂ which co-stars Alice Ko, is considered a landmark Taiwanese television series and has garnered such acclaim that South Korea produced its own remake titled ＂A Time Called You.＂

The Yomiuri Giants, a Japanese professional baseball team, will be playing two exhibition games in Taiwan next March. They will face off against two Taiwanese teams, the CTBC Brothers on March 2 and the Rakuten Monkeys on March 3, at the Taipei Dome. Tsukasa Imamura, the president of the Giants, emphasized the importance of promoting baseball culture in Asia and expressed his hope for more Taiwanese players to join the team in the future. He mentioned that the Giants’ scouts have a high regard for Taiwanese high school players but have noticed a perceived stagnation in their skills after reaching college. Imamura hopes that Taiwan can produce more legendary players like Kuo Tai-yuan and Kuo Yuen-chih, who have already made a name for themselves in Japanese baseball. Throughout the years, 10 Taiwanese players, excluding the iconic Sadaharu Oh, have played for the Giants in Japan’s professional leagues, highlighting the ongoing baseball exchange between the two neighboring countries.

Taiwanese job market trends are shifting, with professional certifications carrying more weight than before, according to a report by 104 Human Resource Consulting Services Company. The study found that the number of job openings requiring certifications in 2023 had increased by 8.1% compared to the previous year. Prospective employees with certifications received 35% more interview invitations than those without. English, Japanese, Vietnamese, Korean, and Thai are the most sought-after languages by employers, with the rise of the Korean Wave contributing to a significant increase in demand for Korean translation. Similarly, Thai language proficiency has witnessed an 11.9% increase due to businesses expanding into Southeast Asia. The sectors most in need of language capabilities are media, research and development, and senior management. Young professionals under 39 focus on acquiring career-boosting professional and language skills, while those over 40 diversify their learning to prepare for their career’s ＂second curve.＂ Despite the availability of free online resources, working professionals prefer paid learning, with 30.8% setting a learning budget within NT＄5,000. When it comes to investing in certifications, 37.5% are willing to spend over N＄$20,000, reflecting the value placed on formal qualifications in today’s competitive job market.

Lai Ching-te’s national campaign headquarters, led by campaign manager Pan Men-an and spokesperson Tai Wei-shan, unveiled their latest campaign commercial during a press conference titled ＂The World’s Taiwan.＂ Tai highlighted Taiwan’s increased visibility on the international stage, emphasizing the international community’s growing confidence in Taiwan and their willingness to collaborate. The campaign event follows Taiwan’s recognition as the top democracy in Asia by The Economist and its 6th place ranking in competitiveness worldwide according to the IMD Business School’s 2023 World Competitiveness Yearbook. Taiwan’s economic standing as the 21st largest economy globally and the 18th largest trading nation, with a higher GDP per capita than South Korea, was also praised. The campaign video emphasizes the importance of selecting the right leader to continue Taiwan’s advancement towards a more significant global presence.

During the 2023 Asian Baseball Championship game between Japan and South Korea at the Taipei Dome, technical difficulties caused the main and side screens to go black. The Farglory Group attributed this outage to an unexpected system crash. The interruption, which occurred in the top of the seventh inning, lasted for approximately ten minutes before the manufacturer resolved the issue. Earlier in the game, Japanese player Ryosuke Aizawa collided with the home run wall while catching a deep fly ball in the fourth inning, resulting in leg injuries. Deputy general manager Jacky Yang of the Farglory Group clarified that the impact did not break the wall, but rather Aizawa’s spike shoes accidentally cut through the padding at the bottom. The Farglory Group assured that the stadium’s design complied with safety standards and that subsequent games would proceed unaffected.

The U.S. House Armed Services Committee has agreed to include provisions in the National Defense Authorization Act for Fiscal Year 2024 (FY24 NDAA) to assist in the training of Taiwan’s armed forces. The bill, with a budget of ＵＳUS＄876.8 billion, requires the U.S. Department of Defense to develop a comprehensive training and advisory program for Taiwan’s military. The program will only proceed with the consent of the Secretary of State and after consultations with Taiwanese officials. The legislation aims to enhance Taiwan’s multilayered defense capabilities, including asymmetric defense strategies and interoperability with U.S. forces. It also promotes cybersecurity cooperation and the protection of military networks. The NDAA mandates biannual reporting on China’s military developments in Taiwan, Southeast Asia, and the South China Sea. Additionally, a classified report will evaluate the absorption of U.S.-provided military capabilities by Taiwan’s armed forces. After approval by Congress, President Joe Biden is expected to sign the bill into law, strengthening U.S.-Taiwan defense relations.

Get ready for an exciting New Year’s Eve bash in Kaohsiung! Pop diva Jeannie Hsieh will be the closing act, making a comeback after a three-year hiatus. The event, held at Dream Mall, promises a departure from Hsieh’s traditional holiday repertoire. The celebration will be hosted by comedy duo Plungon and celebrity Chung Hsin-yu, with Thai singer and social media sensation Jeff Satur adding an international flavor to the lineup. Satur, who boasts 3.8 million Instagram followers, will be performing for the first time abroad. The event will also feature popular artists like Nine One One, WeiBird, GBOYSWAG, and more. Don’t miss the spectacular 240-second firework display over Asia New Bay Area, symbolizing the transition to 2024.

President Tsai Ing-wen presented the Asia Democracy and Human Rights Award to Amihan V. Abueva at a ceremony in Taipei. Abueva, the Regional Executive Director of the Child Rights Coalition Asia, was recognized for her advocacy against violence on children, including human trafficking and sexual exploitation. Tsai commended Abueva’s selflessness and bravery in creating a safer world for children and highlighted Taiwan’s efforts to incorporate international child rights standards into domestic law. Legislative Speaker You Si-kun emphasized Taiwan’s commitment to democracy and human rights, stating that the award reflects the country’s support for democratic values.

The upcoming Taiwanese presidential election on January 13, 2024, has been dubbed ＂2024’s most influential election in Asia＂ by Nikkei Asia. Three tickets are vying for the presidency and vice-presidency: the Democratic Progressive Party (DPP) with Lai Ching-te and Hsiao Bi-khim, the Kuomintang (KMT) with Hou Yu-ih and Jaw Shaw-kong, and the Taiwan People’s Party (TPP) with Ko Wen-je and Cynthia Wu. The election takes place amidst heightened global tensions and increasing cross-strait strains. The DPP advocates for fortified self-defense, the KMT promotes benign communication and economic ties with China, and the TPP leans towards dialogue with China. The KMT’s cross-strait policy stance has been criticized as less convincing compared to that of the DPP. The election will test whether Taiwanese voters will stand firm in defending their sovereignty against China’s growing influence.

Taiwanese vice presidential candidate Hsiao Bi-khim, a member of the ruling Democratic Progressive Party (DPP), has been targeted by Chinese misinformation campaigns, which label her as an ＂American agent.＂ Due to her mixed heritage and former dual citizenship, Hsiao’s loyalty and identity have been questioned on Chinese social media platforms. False claims about her inability to speak Mandarin have been circulated, along with accusations of her ＂appeasing America＂ and ＂betraying Taiwan.＂ Hsiao has refuted these allegations, asserting that she renounced her American citizenship in 2002 and holds only Taiwanese citizenship. Taiwan’s 2024 presidential election has become a prime target for China’s disinformation warfare, with strict state censorship filtering information about the election.

Taipei Dome proves its resilience during the Asia Baseball Championship, according to veteran baseball coach and legislative candidate Tsai Ming-tang. Despite heavy rains the day before, the indoor game proceeded smoothly, showcasing the Dome as Taiwan’s only international-grade indoor baseball stadium immune to weather disruptions. Tsai praised the venue’s performance and criticized politicians for hindering infrastructure development. He also highlighted the Dome’s potential as a landmark national structure due to its prime location and accessibility. Additionally, Tsai expressed personal pride as five players from his coached team participated in the opening match. He emphasized the importance of grassroots baseball and advocated for the development of idle school properties into baseball fields to benefit more students.

Kuomintang (KMT) presidential candidate Hou Yu-ih celebrates Chinese Taipei Baseball Team’s first victory at the Asia Baseball Championship and criticizes then Taipei mayor Ko Wen-je for the delayed completion of Taipei Dome. Hou highlights the eight-year delay and implies that Ko failed to effectively resolve the issues surrounding the project. Comparing Ko to current Taipei Mayor Chiang Wan-an, Hou praises Chiang’s determination and ability to govern the city, emphasizing his achievements in dealing with the Taipei Dome conundrum within a year of taking office.

Sadaharu Oh, Taiwanese-Japanese baseball legend, expressed his wish for the Taiwan team to triumph over South Korea in the Asian Baseball Championship. He hopes that in three years, Japan and Taiwan will join forces in the World Baseball Classic finals. Oh praised the Taipei Dome’s facilities and believes that players competing in such an exceptional environment will feel more confident, enhancing their ability to bring glory to their country and Asia. Reflecting on his own experiences in the Tokyo Dome, Oh emphasized the importance of a great setting in nurturing heroes and predicted that the presence of the Taipei Dome will improve the future of Taiwanese baseball.

The 2023 Taoyuan FuturePeak Expo successfully brought together 100 youth startup teams from seven cities and counties in the region, showcasing their innovative prowess. The exhibition featured programs, ＂Startup Lectures,＂ and an ＂International Forum＂ aimed at fostering innovation and entrepreneurship. Taoyuan Mayor Simon Chang emphasized the importance of cross-municipality collaboration and international connections to propel Taiwanese youth startups onto the global stage. The city government is providing support for these emerging teams, including an interest subsidy on loans and cross-regional and international exchange activities. The expo was a joint initiative among the Hutoushan Innovation Hub, Taoyuan Aerotropolis Company, the Asia Silicon Valley Development Agency (ASVDA), National Central University, and Shinkong Synthetic Fibers Corporation. Notable industry veterans shared insights on entrepreneurial perspectives and industry trends during the event’s ＂Startup Lectures＂ and ＂International Forum＂ segments. This expo marks a milestone for local youth startups, providing them with exposure, insights, and opportunities to shape Taiwan’s innovative future.

The World Semiconductor Trade Statistics (WSTS) predicts a 13.1% surge in global semiconductor revenue for 2024, reaching US$588.364 billion. Memory products are expected to be the main driver, with a projected revenue jump of 44.8%. In contrast, current-year revenues are estimated to decline by 9.4% to approximately US$520.126 billion. WSTS has revised its current-year revenue predictions due to better-than-expected performances in certain end markets. Discrete semiconductors are projected to grow by 5.8% in 2023, while optoelectronic products, sensors, and integrated circuits are anticipated to experience declines of 3%, 10.9%, and 8.9% respectively. Europe is the only market expected to expand, with a growth rate of 5.9%, while the American market is predicted to decline by 6.1%, Japan by 2%, and the Asia-Pacific region by 14.4%. In 2024, growth is anticipated across all major markets and semiconductor product categories, including memory, discrete semiconductors, optoelectronics, and sensors. Europe is predicted to grow by 4.3%, Japan by 4.4%, the American market by 22.3%, and the Asia-Pacific region by 12%.

President Tsai Ing-wen expresses gratitude to Taiwan’s APEC delegation led by Morris Chang for conveying her four critical messages to all APEC member participants. Tsai emphasizes the government’s commitment to adjusting Taiwan’s industrial structure and leveraging its advantages for regional development. She thanks Chang for attending the economic and trade cooperation forum, enabling Taiwan to play a vital role internationally. Tsai highlights Chang’s conversations with foreign dignitaries, including U.S. Vice President Kamala Harris, Secretary of State Anthony Blinken, and Japanese Prime Minister Fumio Kishida, which will strengthen future bilateral cooperation. Chang reports that this year’s APEC economic leaders’ meeting covered technology-related topics and expresses gratitude for the opportunity to represent Taiwan at the conference.