A Party for AmCham’s 67th Birthday 

More than 120 AmCham Taipei members and guests turned out on September 20 to help the Chamber celebrate the 67th anniversary of its establishment in 1951. The event was held in the elegant Xifu Hall on the 9th floor of the Grand Mayfull Hotel in Taipei’s fast-growing Dazhi District. Attendees enjoyed an evening of convivial conversation and networking while partaking of sparkling wine and other beverages, as well as a delicious selection of dishes on the buffet line.

The event was jointly sponsored by Crate & Barrel, which offered VIP membership sign-up and a gift bag containing a crystal wine glass, and the Ministry of Economic Affairs’ InvesTaiwan office responsible for promoting foreign investment.

2018 Anniversary Cocktail – American Institute in Taiwan Deputy Director Raymond Greene

Brief remarks were delivered by American Institute in Taiwan Deputy Director Raymond Greene, AmCham Taipei President Bill Foreman, Amcham Taipei Chairman Albert Chang, and InvesTaiwan Director-general Emile Chang.

On behalf of AIT, Greene extended congratulations to AmCham on its anniversary and expressed appreciation for the Chamber’s unstinting efforts to foster trade and investment between Taiwan and the United States.

Foreman related the pride he has felt since taking office at the beginning of this year in leading an organization whose members contribute so much to Taiwan’s economic prosperity and thereby to its security and social stability.

Albert Chang called attention to some of AmCham Taipei’s signal achievements over the past year, including resolution of a record number of White Paper issues and arranging for Deputy Assistant Secretary of State Alex Wong to speak at the Chamber’s Hsieh Nien Fan banquet.

2018 Anniversary Cocktail – InvesTaiwan Director-general Emile Chang

Emile Chang invited AmCham member companies to avail themselves of the investment-related services of his organization.

Members and friends of the Chamber are reminded to mark their calendars for the next big social event on the AmCham agenda: the 2018 American Ball, “Aloha Hawaii,” November 3 at the Grand Hyatt Taipei.

View the full photo gallery here.

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Note: AmCham events are intended primarily for AmCham members and their guests. Many events are open to members’ guests and other non-members, but the attendance of any non-member must be approved in advance. AmCham reserves the right not to admit a non-member to any event without explanation.

Amendments to the Company Act

Recognizing the need to enhance Taiwan’s business environment to stay competitive in the global market, the Tsai administration has enacted a series of ambitious policy changes and legal amendments aimed at stimulating innovation and growth. Most fundamental to these goals are the sweeping changes made to the Company Act, Taiwan’s basic law governing business operations, that were passed by the Legislative Yuan in a late session on July 5 and promulgated into law on August 1.

To help AmCham members and guests better understand the scale and implications of these amendments, AmCham Taipei’s Tax Committee invited Chen Yen-po, Executive Specialist with the Department of Commerce under the Ministry of Economic Affairs (MOEA), to host an explanatory seminar in the Chamber’s Lincoln Room on September 13. Chen and the MOEA worked closely not only with the Legislative Yuan but also the private sector, including business professionals, legal experts, and academics, on enacting the amendments. Chen noted that 148 articles to the Company Act were amended, with at least four articles deleted and replaced.

From left to right: Chen Yen-po, Executive Specialist with the Department of Commerce under the Ministry of Economic Affairs (MOEA) and AmCham Taipei’s Insurance Committee Co-Chair Dylan Tyson, President & CEO, Prudential Life Insurance Company of Taiwan Inc.

Key amendments are intended to:

  • Enhance business transparency by clarifying reporting obligations and abolishing anonymous “bearer shares.”
  • Improve the environment for startups by permitting the issuance of non-par-value shares, as well as permitting multiple distribution of cash dividends throughout the year.
  • Enable greater flexibility in business operations by furthering the gradual digitalization of documentation, increasing the range of rewards possible for talent, and reducing restrictions on directorships.
  • Strengthen shareholder protections by amending rules on shareholder meetings and the nomination of directors.
  • Improve corporate governance through enhancing disclosure requirements and access to shareholder rosters.
  • Allow the registration of company names in English so as to help foster international business operations and branding.

Chen added that the MOEA is currently in the process of developing the regulatory framework that will see these amendments enter into force. His presentation was followed by a lively Q&A session.

The Lincoln Room is made possible by the generosity of a number of sponsoring companies:

Interested in attending our events? Join us at other upcoming events, click here.

Note: AmCham events are intended primarily for AmCham members and their guests. Many events are open to members’ guests and other non-members, but the attendance of any non-member must be approved in advance. AmCham reserves the right not to admit a non-member to any event without explanation. 

Developing Habits to Improve Leadership Presence

Presence has become a critical factor for today’s professionals. How you present yourself to others and having the ability to make lasting impressions is crucial to your success.

With the aim to provide development tools for business leaders, AmCham Taipei invited Rober Iyer, Executive and Training Coach of Inspiyer, to conduct a half-day seminar on “Executive Presence: 5 Steps to Creating Leadership Presence” at the Chamber’s Lincoln Room.

Iyer explained that leadership presence is a blend of how you present yourself, make people feel, and effectively communicate to others. He highlighted qualities leaders should have to develop presence:

  • Communication: clearly using verbal and non-verbal communication
  • Character/Substance: showing warmth, knowledge, wisdom
  • Authenticity: staying true to yourself and others, creating trust
  • Attentiveness: staying attuned to the current moment during communication
  • Confidence: knowing yourself; staying cool under pressure
  • Connectedness: having the ability to feel bonded to others

Using the example of the first televised Presidential debate between Richard Nixon and John F. Kennedy, Iyer demonstrated the impact first impressions can make on election outcomes. As the story goes, those who listened to the debate on the radio thought Nixon won, while those who watched the debate on television believed Kennedy won. Attendees were asked to observe the two candidates’ body language and behavior to learn the importance of non-verbal communication.

In the second half of the seminar, Iyer discussed the power of non-verbal communications and shared a few tips on using body language to improve presence.

The Lincoln Room is made possible by the generosity of a number of sponsoring companies:

Interested in attending our events? Join us at other upcoming events, click here.

Note: AmCham events are intended primarily for AmCham members and their guests. Many events are open to members’ guests and other non-members, but the attendance of any non-member must be approved in advance. AmCham reserves the right not to admit a non-member to any event without explanation. 

AmCham Committees Brief U.S. Group

A U.S. team led by Acting Assistant U.S. Trade Representative Terry McCartin arrived in Taiwan on September 11 for consultations with their Taiwan government counterparts on a variety of issues related to bilateral trade and investment. Others members of the group included Tsering Dhongthog, USTR’s Director for Taiwan Affairs, and representatives from the Departments of State, Commerce, and Agriculture.

Co-chairs and other representatives from AmCham’s Medical Devices, Pharmaceutical, Retail, Cosmetics, Agro-Chemical, and Intellectual Property & Licensing Committees provided the visitors with briefings on the current status of their Taiwan White Paper and other issues.

New AIT Director Meets with Board Members

Brent Christensen, the newly arrived Director of the American Institute in Taipei, met with members of the AmCham Taipei Board on Sept. 5 to discuss the U.S. government’s new Indo-Pacific Strategy as well as current trends and concerns in the technology, biomedicine, infrastructure, and healthcare sectors. Deputy Director Ray Greene and representatives from AIT’s economic, commercial, and agriculture sections also participated. Attending from the AmCham side were Chairman Albert Chang; Vice Chairman Vincent Shih; President Bill Foreman; Governors Anita Chen, Wayne Chin, William Farrell, Revital Shpangental Golan, Ed Shober, and Daniel Tseng; Supervisor Joyce Lee; and Senior Directors Don Shapiro and Amy Chang.