Improving the Health of Taiwan’s Aging Population

AmCham Taiwan’s 2021 Healthy Aging Forum was held on November 24 at the W Hotel Taipei, drawing an audience of 128 members and their guests. The event, which featured speakers and panelists from government, academia, and industry, gave stage to a diverse range of viewpoints on the impact of Taiwan’s aging population and potential healthcare solutions.

This year’s forum featured three keynote speakers: Vice President Lai Ching-te, American Institute in Taiwan (AIT) Director Sandra Oudkirk, and Deputy Minister of Health and Welfare Shih Chung-Liang.

Vice President Lai expressed his and President Tsai Ing-wen’s gratitude to the U.S. for its support of Taiwan and for donating much-needed COVID-19 vaccines to the island. Highlighting the significance of the event’s topics, Lai stated that national health policies and the use of emerging technology are vital to promoting healthy aging.

In her speech, Director Oudkirk noted the longstanding partnership between the U.S. and Taiwan on healthcare. She also underscored the importance of maintaining the financial stability of Taiwan’s healthcare system, as well as utilizing public-private partnerships (PPP) to address challenges related to an aging society.

Next, Deputy Minister Shih discussed methods to develop Taiwan’s capacity to manage the aging population and the need for government policies over the next decade to address aging and offer support for age-friendly communities.

Deputy Director-General of the Health Promotion Administration (HPA) under the Ministry of Health and Welfare (MOHW) Chia Shu-li presented the HPA’s many programs and collaborations that promote age-friendly communities and active aging in line with World Health Organization (WHO) guidelines.

The next speaker, Taiwanese Osteoporosis Association Chairperson Dr. Hwang Jawl-shan, emphasized that more extensive screening programs for bone mass density to identify moderate to high risk for osteoporotic fractures, as well as preventive osteoporotic fracture care, are essential to improving quality of life for the elderly.

This year’s Healthy Aging Forum featured two panel discussions moderated by Taipei Veterans General Hospital Superintendent Dr. Huey-Herng Sheu and Academia Sinica Academician Dr. Chen Pei-Jer, respectively. Panelists included HPA Deputy Director-General Chia Shu-li, National Health Insurance Administration Director-General Lee Po-Chang, Taiwanese Osteoporosis Association Chairperson Dr. Hwang Jawl-shan, Amgen Taiwan General Manager Joyce Lee, E-Dah Hospital Attending Physician Dr. Hsu Yao-Chun, Taiwan Association for the Study of the Liver Chief Executive, Dr. Lin Jaw-Town of China Medical University Hospital, and Formosa Cancer Foundation Vice President Tsai Li-Jiuan.

Topics explored included how to promote healthy aging through preventive screening, standardized evaluations, and health awareness promotion. Panelists also discussed the use of big and marginal data and public-private partnerships in creating a more effective strategy to prepare for a super-aged society, which Taiwan is projected to become by 2025.

Following remarks by Chen Pei-Jer, Hsu Yao-Chun gave a presentation on how Taiwan will achieve the WHO’s goal of eradicating the hepatitis B virus (HBV). He urged the government to quickly develop a national HBV policy to support Taiwan’s efforts to achieve the WHO’s goals and protect HBV patients in Taiwan.

Cigna Taiwan CEO and AmCham Governor Tim Shields introduced the final speaker, FarHugs CEO Cary Hsieh, who spoke about the importance of including mental health in the concept of healthy aging. Hsieh stressed the need for access to mental health services and discussed the overlap between digital technology and mental health care.

In closing remarks, AmCham President Andrew Wylegala expressed his gratitude to the speakers and participants on behalf of the Chamber and noted that the connections made during the event could foster new projects and partnerships to promote healthy aging.

 

Click to see the detailed Mandarin summary about this event – 第三屆健康樂齡論壇 – 活動紀實

 

The forum’s platinum sponsors were Amgen and Gilead. Cigna was the gold sponsor.

2021 Annual General Meeting and Board of Governors & Supervisors Election Result

AmCham is pleased to announce the results of the 2021 Virtual Annual General Meeting held Tuesday, November 16, 2021. The election results were compiled by Deloitte & Touché. The elected Governors and Supervisors are listed in alphabetical order.

2022-2023 Governors (Serving a two-year term, beginning January 1, 2022):

2022 Governors (Serving a one-year term, beginning January 1, 2022)

 

 

2022 Supervisors (Serving a one-year term, beginning January 1, 2022):

 

Other Business Items Brought to the Annual General Meetings were all approved.

Congratulations to the newly elected Governors and Supervisors!

Early Bird Offer – Join AmCham Taiwan’s Membership Directory

AmCham Taiwan’s Membership Directory is available online for our members and the public. Your company information is accessible to more people than ever. To help you make the most out of the Membership Directory, please review some of the features and packages that we offer:

美國商會線上會員名錄是一個強大的網路平台,提供商會的會員及群眾相互聯繫,並讓公司品牌頁面能更有效的曝光以觸及更多的受眾。爲了協助您提高品牌知名度,歡迎參考我們所提供的功能與方案:

 

Premium Listing:

Early Bird Price NT$12,000 (Regular Price: NT$15,000) SAVE $3,000!

  • Higher ranking in the industry search results – When users search the system by industry, companies with a Premium listing come up at the top of the page.
  • Customize your company page design – Embed rich media or multimedia content (banner or video) in the space above the company logo on your company’s profile page.
  • All other features included in the Expanded Listing (see below)

早鳥價NT$12,000(原價: NT$15,000)現省$3,000!

  • 在同產業中優先顯示您,增加曝光度:當使用者以產業別搜尋名錄時,有購買Premium Listing的會員公司會優先出現在檢索頁面最上方的位置。
  • 客製化公司的頁面設計:您可以自由運用公司頁面的上方空間,嵌入公司宣傳影片或專屬形象廣告等。
  • 享有Expanded Listing所有的福利。

 

Expanded Listing:

Early Bird Price NT$9,000 (Regular Price: NT$9,500)

  • Feature your company logo
  • Create a company profile – Introduce products and services (up to 700 words) using an easy-to-use content editor.
  • Marketing tools that provide greater accessibility – Build your brand and gain visibility by updating your profile and company information whenever there are new developments to include.

早鳥價NT$9,000(原價: NT$9,500)

  • 清晰的公司LOGO
  • 建立公司宣傳簡介:透過簡易的編輯平台介紹宣傳公司產品與服務(至多700字)。
  • 有效又便利的行銷工具:隨時隨地皆可更新公司資訊與簡介,打造您的公司品牌,提升吸睛度。

To complete your order with an Early Bird Price, please submit a signed order form to [email protected] before November 18, 2021. If you have any questions, feel free to contact us.

請在2021/11/18前填寫訂單並回傳至[email protected],以享有早鳥優惠。如有任何問題,歡迎隨時與我們聯繫。

 

Building Momentum for a Taiwan-U.S. BTA

The current unprecedented opportunities for business and technological cooperation between Taiwan and the U.S. was the theme of a Taiwan-U.S. Business Roundtable this morning co-organized by the Chinese National Association of Industry and Commerce, Taiwan (CNAIC) and the American Chamber of Commerce in Taiwan. The event was held at the Palais de Chine Hotel.

In his opening remarks, CNAIC Chairman Por-Fong Lin recalled that a year ago this month the two sponsoring organizations issued a joint statement calling on the American and Taiwan governments to begin negotiations on a bilateral trade agreement (BTA). He noted that subsequent developments have improved the environment for taking that step and increased its importance.

Echoing that sentiment, AmCham Chairman CW Chin referred to the current situation as a “special moment in the relationship” between the two countries. The challenges presented by the COVID pandemic only brought them closer together, with Taiwan donating some 10 million surgical masks to the U.S. and the U.S. helping to provide Taiwan with much needed vaccines.

Another positive development – recent revival of the bilateral TIFA process for trade and investment negotiations after a five-year hiatus – was cited by Jen-Ni Yang, Deputy Trade Representative of Taiwan’s Office of Trade Negotiations. Bureau of Foreign Trade Director General Cynthia Kiang stressed the increasingly close cooperation between Taiwan and the U.S. in helping maintain strong and stable supply chains.

A keynote speech by Professor Philip Yang of National Taiwan University, a former Deputy Secretary General of Taiwan’s National Security Council, discussed other favorable trends, including signs that as part of its Indo-Pacific strategy the U.S. is paying greater attention to Taiwan’s strategic value. At the same time, he noted pressures arising from the growing U.S.-China economic competition, especially in the technology sphere.

In a roundtable discussion moderated by Regent Taipei Executive Chairman Steven Pan, business executives from both domestic and multinational companies contributed their expertise regarding the industries regarded as having the greatest potential for collaboration between U.S. and Taiwan companies – semiconductors and other ICT/5G-related products, medical technology and other healthcare items, electric vehicles (EV), and the energy and chemical sectors.

Pan summarized the panel’s key recommendations as follows:

  • The Taiwan and U.S. governments should regularly coordinate regarding industrial policy and promote strategic public-private partnerships on critical supply chains for the ICT 5G, medical technology, and EV sectors.
  • U.S. companies should leverage Taiwan’s sophisticated manufacturing platform to create a regional technology hub for Asia.
  • Taiwan and the U.S. should take advantage of the Taiwanese talent pool in both Taiwan and the U.S. in support of a manufacturing renaissance.

The semiconductor field is considered particularly promising for U.S.-Taiwan cooperation because of the complementary nature of the industries on the two sides, said John Chen, Senior Director of the Market Intelligence & Consulting Institute (MIC) of the Institute for Information Industry. Taiwan is strong in the foundry and packing/testing segments, while the U.S. historically dominates the design and marketing functions.

A session moderated by Peter Huang, Secretary General of the Importers and Exporters Association of Taipei, featured a special presentation by AmCham Taiwan President Andrew Wylegala introducing the concept of a Taiwan Commercial Initiative (TCI). The Initiative would seek to promote a series of concrete steps that hopefully would lead to a BTA.

A corollary initiative was set out by former AmCham Chairman and President Leo Seewald, who advocated conclusion of a bilateral tax agreement between Taiwan and the U.S. to increase certainty for business, boost investment, and reduce tax disputes.

Closing remarks by the two business organizations emphasized their commitment to continue working together to achieve the goal of upgrading bilateral economic relations through a BTA.

持續推動美台雙邊貿易協定

適逢臺美商業與科技領域合作前所未有的時機點,中華民國工商協進會與臺灣美國商會於臺北君品酒店舉辦「臺美企業圓桌論壇」,探討如何持續強化臺美間的經貿關係。

工商協進會林伯豐理事長於開幕致詞時說,想起去年此時,兩個單位發表共同聲明,呼籲美國和台灣政府開始就雙邊貿易協定(BTA)進行談判。他指出,發出聲明後,臺美關係朝著更好的方向發展,顯示聯合聲明的重要性。

呼應林理事長的談話,美國商會金奇偉會長表示,目前臺美關係正處在一個特殊的時刻。在COVID-19疫情中,臺灣多次捐助醫療口罩至美國,美國也提供疫苗支援,疫情反而促使兩國互動更為緊密。

行政院貿易談判辦公室副總談判代表楊珍妮表示,暫停五年的美國台灣貿易暨投資架構協定(TIFA)於日前重起談判,也代表臺美關係的一項正面發展。國貿局江文若局長強調,逐漸緊密的臺美合作關係,有助於維持供應練的穩定與韌性。

國家安全委員會前副秘書長、台灣大學教授楊永明在專題演講中提到,美國更加重視台灣在印太架構下的戰略價值,以及美中經濟競爭下,科技與技術領域帶給臺灣的壓力,等值得關注的雙邊關係正向發展趨勢。

由晶華酒店集團潘思亮董事長主持的圓桌討論中,來自國內和跨國公司的高階經理人交流,發表他們認為美臺合作下最有發展潛能領域的看法,像是半導體、資通訊、5G、醫療科技、電動車、能源與化學等產業。

潘思亮董事長總結會議的三大重點:

  • 台灣與美國政府應定期合作,針對資通訊、5G、醫療科技及電動車等關鍵產業,商討政策,並促進公私部門策略聯盟。
  • 美國企業應善用台灣成熟的製造產業,作為亞洲地區的科技中心。
  • 台灣與美國雙邊應善用台灣人才,以活化製造產業。

資訊工業策進會陳子昂資深總監表示,基於臺美雙邊產業的互補性,半導體為最有合作潛力的領域。臺灣擅長代工、包裝與測試,美國在設計與市場開發上則具有長期優勢。

臺北市進出口公會秘書長黃文榮在論壇中指出,希望以簽訂臺美雙邊貿易協定為目標,持續推動臺美企業交流與合作。美國商會執行長魏立安則在簡報中介紹商會於今年提出的臺灣商業計畫,希望跨大公私部門合作並透過具體步驟促成臺美雙邊貿易協定。

美國商會前會長李豪指出,洽簽臺美租稅協定將有助於建立更友善的商業環境,降低經營的不確定性、提升投資與減少稅務爭議。

工商協進會與美國商會在閉幕致詞時表示,未來雙方將持續合作,共同努力促成臺美雙邊貿易協定。

In Memoriam, Dr. E.F. Einhorn (1918-2021)

Longtime AmCham Taiwan member, Ephraim Ferdinand Einhorn died September 15, 2021 — three days after his 103rd birthday — in National Taiwan University Hospital after an extended illness. He will be buried in Israel.

Born in Vienna, Einhorn was a naturalized American citizen who had lived in Taiwan since 1975. He had many contacts in Eastern Europe and over the years assisted Taiwan in developing connections with such countries as Poland and Lithuania. At times his AmCham membership was held in the name of the Polish Chamber of Commerce. He was also president of the Taipei-based World Patent Trading Co. and, trained as a Rabbi, he was the spiritual leader of the Taiwan Jewish Community.

In 2016, the AmCham Board of Governors presented Einhorn with a certificate as a Lifetime Honorary Member. A TOPICS article at the time introduced the man and his achievements.

 

Photo: Courtesy of Taiwan Jewish Community

Congratulations to Longstanding Chamber Members

AmCham Taiwan came into being 70 years ago this month upon completion of official registration with the government. Of the five founding company members, only one – the Socony-Vacuum Oil Co. – continues to maintain a presence in the Chamber through its successor company ExxonMobil. The history of both the Exxon and Mobil precursors of the company formed by their merger in 1999 can be traced back to Socony-Vacuum, which itself was an offshoot of the Standard Oil Co. founded by John D. Rockefeller.

AmCham’s records don’t go back far enough to establish the date of entry into the organization of other early members. But the office does have a copy of a membership roster from 1986 – 35 years ago or the midpoint in the Chamber’s history to date. On the occasion of AmCham Taiwan’s 70th anniversary, we would like to extend our thanks and congratulations to the following companies that have been members continuously since the first half of the Chamber’s existence:

 

  • 3M
  • Abbott Laboratories
  • American Club in China
  • American Express
  • Amway
  • Atlas Copco
  • AT&T
  • Baker & McKenzie
  • Bank of America
  • Bank of New York Mellon (previously Mellon Bank)
  • BNP Paribas (previously Banque Nationale de
  • Paris and Banque Paribas)
  • ExxonMobil (originally Socony-Vacuum)
  • FedEx (acquired Flying Tiger Lines)
  • Ford Lio Ho
  • Fourstar Group
  • General Electric
  • HSBC
  • IBM
  • Insurance Co. of North America
  • Int’l Community Radio Taipei
  • Johnson & Johnson
  • KPMG (from Peat Marwick Mitchell)
  • Lai Fu Trading/Air Associates (now Rehfeldt Group)
  • Lee and Li
  • Lockheed Martin (previously Lockheed)
  • Marsh Ltd. (previously Marsh & McLennan)
  • BASF
  • Bechtel/PECL (originally Pacific Engineers)
  • Bristol-Myers (formerly Bristol-Myers Squibb)
  • Citibank (previously First National City Bank)
  • Coca-Cola
  • Crown Van Lines
  • Deloitte (previously Touche Ross Int’l)
  • Dow Chemical
  • DuPont
  • Eli Lilly & Co.
  • Nielsen Taiwan (previously A.C. Nielsen)
  • Nike
  • Pfizer
  • Philips
  • President Van Lines
  • PwC Taiwan (previously Price Waterhouse)
  • Roche 
  • Russin, Vecchi (formerly Kaplan, Russin, Vecchi and Parker)
  • SGS
  • Societe Generale
  • Standard Chartered Bank
  • Taipei American School
  • Tsar & Tsai
  •  United Airlines

AmCham Webinar Highlights Investment and Public-Private Partnership Opportunities in Tackling the Climate Crisis

On September 8, AmCham Taiwan hosted a special event with Collin O’Mara, president and CEO of the National Wildlife Federation (NWF), America’s largest wildlife conservation organization. The NWF is a longstanding partner of the U.S. Environmental Protection Agency (EPA) and Taiwan’s Environmental Protection Administration. Andrew Wylegala, president of AmCham Taiwan, introduced O’Mara at the virtual event. In his opening remarks, Wylegala discussed the alignment between the U.S. and Taiwan’s goals to reach net zero carbon emissions by 2050.

O’Mara’s presentation highlighted the escalating climate crisis and explained how collective action and public-private partnerships are vital to achieving the U.S. and Taiwan’s energy and environmental goals. He stated his belief that clean energy will be the greatest market opportunity of most of our lifetimes, but also underscored the massive investment opportunities for Taiwan in the areas of energy efficiency, smart buildings, advanced transportation, education, and agriculture. He explained that the Chamber’s members are well-positioned to “do well and do good” at the same time, as the climate-friendly choice is often the more profitable choice. AmCham Taiwan members have vast opportunities to benefit from job and wealth creation in green energy, as well as to make an impact on mitigating the climate threat.

In the Q&A section, Mr. O’Mara discussed President Biden’s “Build Back Better” public-private partnership initiative and the interaction among the U.S. EPA, Taiwan EPA, AmCham members, and AIT to work toward net zero goals. Wylegala highlighted Chamber member Taiwan Semiconductor Manufacturing Co.’s (TSMC) efforts to increase its use of renewables and conserve water, as well as the trend among AmCham’s financial services industry members to adopt green bonds. The NWF looks forward to future opportunities to partner with the Chamber on helping the U.S. and Taiwan reach net zero by 2050.

Streaming Taiwan’s Story to the World

TaiwanPlus (Taiwan+), the country’s first English-language international streaming media, went online August 30 following a launch ceremony on the plaza in front of the National Taiwan Museum in 228 Peace Park. The platform is sponsored by the Ministry of Culture and operated by the Central News Agency. The CEO is Joanne Tsai, who was a member of the AmCham Taiwan Board of Governors and co-chair of the Telecom & Media Committee when she served as Managing Director for Taiwan & China for the FOX Networks Group.

AmCham President Andrew Wylegala and Senior Advisor Don Shapiro attended the event to represent the Chamber.

Among the dignitaries speaking at the ceremony were Vice President Lai Ching-te, Legislative Speaker You Si-kun, and Minister of Culture Lee Yung-te. President Tsai Ing-wen and Premier Su Tseng-chang delivered remarks by video. In her comments, President Tsai stressed Taiwan+’s mission of showcasing Taiwan’s development into a “vibrant democracy that protects freedom of speech and expression,” as well as serving as a means to “show the world our diversity, our achievement, and our aspiration to contribute to the international community.”

The project is also seen as supporting Taiwan’s Bilingual Nation initiative designed to boost Taiwan’s competitiveness by raising the level of English-language proficiency.

AmCham Hosts Webinar with Labor Minister Hsu Ming-chun

As Taiwan appears to be nearing the end of a community outbreak of COVID-19 that began in May, many business owners must now make the tough decision of whether to call employees back to the office or continue their hybrid or work-from-home policies.

As remote working arrangements could potentially become a permanent option for employment even after the pandemic is over, Minister of Labor Hsu Ming-chun on July 27 joined an AmCham webinar to speak about labor conditions and regulations regarding this new trend.

During her presentation, Minister Hsu provided guidelines for employers to follow, which include:

  • Safety, health, and protection in a working environment: The Ministry of Labor emphasizes labor inspections, especially of food delivery platforms, retailers, and other businesses with a high risk of transmission of COVID-19.
  • Flexible working hours: Employers should communicate clearly with their employees any adjustments to work start and end times. Besides flexible working hours, vaccination and caretaking leave should also be provided.
  • Remote working: The government issued principles for work conducted outside of the normal workplace in 2015. These include replacing physical time clocks with online clock-in systems for digital records.

Hsu also urged member companies to pay attention to employees’ mental health and work-life balance since remote working decreases personal interaction.

AmCham Hosts Webinar with NDC Minister Kung Ming-hsin

On July 16, AmCham held a webinar with National Development Council (NDC) Minister Kung Ming-Hsin, who spoke to members about the government’s most recent COVID-19 relief program.

Daniel Tseng, Secretary of AmCham’s Board of Governors and President of Corning Display Technologies Taiwan, moderated the event. He introduced Minister Kung and thanked the NDC for its collaboration with AmCham Taiwan and support for the Chamber’s annual Taiwan White Paper.

Kung began his presentation by summarizing the current COVID-19 situation in Taiwan. In May, an outbreak of local infections resulted in a peak of between 500 and 600 new cases daily, Kung said, adding that Taiwan quickly contained the spread by introducing Level 3 restrictions. While Taiwan continues to record double-digit local COVID-19 cases each day, vaccines are becoming more available and Taiwan’s vaccination rate is increasing.

In contrast with last year’s initial outbreak, the economic effects of this new phase are concentrated on local businesses. Under the Level 3 restrictions, leisure, exhibition, and education-related activities have all been suspended. Other industries, such as food and beverage, tourism, and transportation also face heavy restrictions.

In terms of economic relief for businesses, Kung noted that Taiwan allocated comparatively few funds during the initial phases of the pandemic because Taiwan’s early response, largely informed by their experience with SARS, was highly effective. Given this, special reserves were available to implement broader relief measures.

The government’s approach to relief-funding is to concentrate financial aid on industries experiencing the most stress. Instead of providing blanket cash subsidies, the government has reserved financial resources for impacted industries and individuals, including unemployed workers and the service and tourism industries. Foreigners and part-time and contract workers are also eligible for aid. Additionally, the government introduced a NT$10,000-per-child family assistance program and helped certain households with expenses related to rent and utilities.

Concluding the presentation, Minister Kung noted the goal of the government’s COVID policies is to prioritize prevention, relief, and revitalization.

During the Q&A session held afterwards, a concern was raised about the difficulty some foreigners experienced with registering for vaccination appointments through the online platform. Registration on the platform is based on the number on an individual’s National Health Insurance (NHI) card, which not all foreigners possess. Kung responded that he would raise the issue with the relevant agency in order to determine an alternative method for foreigners without an NHI card to register.

Responding to a question about relief for foreign businesses, Kung noted that small and medium-sized companies qualify for financial assistance, regardless of the owner’s nationality. Business owners and individuals can dial the 1988 economic relief and stimulus hotline for assistance. Kung also hosts a weekly office hour to assist companies with applying for pandemic relief.