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AmCham President Leo Seewald Announces Results of 2021 Business Climate Survey

AmCham Taiwan President Leo Seewald announced the results of the Chamber’s 2021 Business Climate Survey (BCS) on January 21 at a press conference held on the 11th floor of the W Hotel. Around 15 media organizations were represented at the event. Seewald detailed the survey’s findings, which were illustrated in a 16-page report produced by AmCham. He emphasized that survey-takers were all business leaders in Taiwan, with most holding upper management positions at their companies.

The Chamber was excited to disclose that a record percentage of respondents – close to 86% – expressed confidence about the economic prospects for the coming year, 16 percentage points higher than in the 2020 survey. There was also a record high level of optimism regarding the 3-year economic outlook, although it was a slightly lower 78%. Seewald observed that this could indicate businesses’ concern about the future trajectory of the global economy.

2021 Business Climate Survey: AmCham President Leo Seewald presents results

In regard to Taiwan’s efforts to control the COVID-19 pandemic, members nearly unanimously expressed their satisfaction. A high 64% said they were very satisfied or somewhat satisfied with the economic relief efforts over the past year, a 23 percentage point increase from when that question was posed to members in a COVID-19 flash survey conducted last April.

Overall, Seewald said, the results of the BCS reflect the consensus among member companies that Taiwan is an overwhelmingly positive environment for multinationals. Furthermore, the U.S.-China trade dispute and Taiwan’s excellent handling of COVID-19 have presented it with a golden opportunity, one that it needs to take advantage of, particularly in the areas of bilingualism and attracting and retaining foreign talent. As a representative of the international business community in Taiwan with a stake in its future prosperity, AmCham is more than willing to aid in any way it can.

Fielding questions from reporters, Seewald said that he didn’t expect a drastic change in the U.S.’ policy toward Taiwan now that President Joseph R. Biden Jr. has taken office. In any case, he said, such policy is not just the will of the president, but rather requires consensus from everyone in the government. Fortunately, there has been a growing recognition across the political aisle in Washington that Taiwan is a valuable partner with shared values and a similar global outlook.

A luncheon gathering followed the press conference at the W Hotel’s 8th-floor ballroom. AmCham Chairperson CW Chin presented the BCS results to an audience of 70 members and their guests. National Development Council Deputy Minister Shih Keh-her also provided some brief remarks, thanking Chamber members for their strong show of confidence in the Taiwan economy and highlighting the government’s major initiatives to drive development and improve the island’s business environment.

See the full presentation below or download the complete report, click here.

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.

2020 AGM Election Results

AmCham thanks its members for attending the Annual General Meeting and helping us to meet the quorum. We are pleased to announce the results of the 2020 Annual General Meeting held on Tuesday, November 17, 2020 at the Shangri-La’s Far Eastern Plaza Hotel. The election results were compiled by Deloitte & Touche. The elected Governors and Supervisors are listed in alphabetical order. Read more about the event here.

2021-2022 Governors (Serving a two-year term, beginning January 1, 2021):

2021 Supervisors (Serving a one-year term, beginning January 1, 2021):

Other Business Items on the Ballot were all approved. 

With the help of the staff at Deloitte & Touche, we were able to successfully compile the election results for this year. Congratulations to the newly elected Governors and Supervisors!

Big Changes and New Directions Mark AmCham’s 2020 AGM

Excitement was in the air at the 2020 AmCham Taipei Annual General Meeting, held at the Shangri-La’s Far Eastern Plaza Hotel on November 17. As the Chamber’s signature year-end event, it would serve as the platform for announcing that AmCham Taipei would begin the formal process of becoming the more appropriately named American Chamber of Commerce in Taiwan in January 2021. To commemorate this momentous occasion, President Tsai Ing-wen delivered the keynote speech.

Election Results

This year’s AGM drew around 230 members and their guests, and voting for the 2021 Board of Governors and Supervisors took place as members arrived. The six Governors voted in for two-year terms were Justin Chin of AstraZeneca Taiwan, Cynthia Chyn of Amazon Web Services, Paulus Mok of Citibank Taiwan, Terry Tsao of SEMI Taiwan, and Daniel Tseng of Corning Display Technologies Taiwan. They join 2020-2021 Governors CW Chin of Applied Materials Taiwan, Timothy Shields of Cigna Taiwan, Brian Sung of Cadence Design Systems Taiwan, Fupei Wang of Ogilvy Public Relations, Roger Yee of Raytheon Taiwan, and Angela Yu of Microsoft. See the election results details here.

Newly elected for one-year terms as Supervisors were Max Chen of Facebook Taiwan, Shelley Chia of Deloitte and Touche, and Seraphim Ma of Baker McKenzie.

Remarks by VIP Guest Speakers

In brief opening remarks as the luncheon meeting began, American Institute in Taiwan Director W. Brent Christensen emphasized that regardless of the results of the recent U.S. elections, Taiwan continues to enjoy broad, bipartisan support in Washington. He also commended President Tsai for prioritizing transparency and safety in Taiwan, and for creating a “safe, stable environment, which has allowed Taiwan’s businesses to flourish in the face of strong global headwinds that are constraining growth in so many other economies.”

In her keynote speech, President Tsai congratulated the Chamber for successfully moving to change its name to AmCham Taiwan, which she said is “a true reflection of its membership.” She said that she believes the organization will “play a crucial and significant role in the development of Taiwan’s partnerships in the future.” She also spoke of Taiwan’s success in containing COVID-19 and its ability to maintain positive economic growth throughout the pandemic without needing to resort to lockdowns.

Lastly, President Tsai acknowledged the great recent strides made in the U.S.-Taiwan relationship, noting Taiwan’s importance as the U.S.’ ninth largest trading partner and 11th largest export market. She also cited the visit to Taiwan in September by Keith Krach, the U.S. Under Secretary of State for Economic Growth, Energy, and the Environment, and the resulting U.S.-Taiwan Economic Partnership Dialogue held between Taiwan officials and the State Department in Washington this month.

Tribute to Don Shapiro’s Retirement

Also of significance at this year’s event was Chairperson CW Chin’s announcement that Don Shapiro, AmCham Taipei Senior Director and Editor-in-Chief of its Taiwan Business TOPICS magazine, would be retiring from his full-time position at the end of the year, while continuing in an advisory capacity. Chin and AmCham President Leo Seewald thanked Shapiro for his invaluable contributions to the Chamber and presented him with a commemorative plaque.

Year in Review

AmCham President Leo Seewald and Chairperson CW Chin also summarized the Chamber’s achievements over the past year. View the full presentation below.

2020 Annual General Meeting from The American Chamber of Commerce in Taipei

View the full photo gallery here.

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.

A Virtual Trip Around the World – at the American Ball

AmCham Taipei’s 2020 American Ball was an evening of glitz and glamor as nearly 300 members and their guests arrived at the Grand Hyatt Taipei dressed in dashing tuxedos and elegant evening gowns. While the COVID-19 pandemic has severely restricted international travel, the theme of this year’s ball – Fly Me to the World – aimed to bring the world to attendees. The event featured a world-class meal, international performances, and dance-worthy sounds from around the globe.

View the full photo gallery here

As guests began to trickle in, they made their way from the photo stand in the hotel’s lobby to the registration area outside the Grand Ballroom on the third floor. There they were treated to an eye-catching display of duty-free products supplied by Ever Rich, including high-value Taiwanese tea sets, as well as other local snacks and assorted goods. Those wishing to further memorialize their attendance at this premier event had the chance to strike a pose at two photo stations upstairs.

2020 American Ball – AmCham x Ever Rich

The evening’s festivities kicked off with a lively dance performance, transporting the audience to France and Spain with traditional songs and beautiful costumes. It was a hard act to follow, but Master of Ceremonies Roger Yee rose to the occasion, eliciting laughs and applause from guests and putting everyone at ease. He was joined onstage by AmCham Taipei Chairperson CW Chin and President Leo Seewald, and the three raised a toast on behalf of the host organizations.

2020 American Ball – Dance Performers

As the night continued, guests were treated to a sumptuous intercontinental meal, whose courses included Spanish-style smoked halibut, pineapple sorbet with coconut crumble for lovers of Hawaii, Netherlands-style roasted U.S. beef tenderloin, and a coffee chocolate bonbon representing Italy. It was the kind of feast that lets you savor the world without ever needing to leave the dinner table. To complement this delicious spread, bottles of Robert Mondavi Winery Woodbridge Cabernet Sauvignon and Chardonnay were provided by drinks sponsor Sergio Valente, while whisky drinkers enjoyed glasses of Johnnie Walker Black Label Sherry Finish from Diageo.

Live music for the American Ball was provided by Sherwyne Pereira and his band MODA, while local DJ Rick Kraft spun a range of contemporary jams and classic tunes, getting people in the dancing spirit. Those who still had room after dinner could take a break from the dancefloor for a late-night snack of pulled pork sandwiches and Spanish churros. Meanwhile, free-flow refreshments were available at the bar throughout the night.

2020 American Ball – Dance Floor

The 2020 American Ball was made possible by the generosity of a number of sponsoring organizations. These included Grand Prize Sponsor Samsung; Wine & Liquor Sponsors Diageo and Sergio Valente; Gold Sponsors Amgen, Grand Hyatt Taipei, and HSBC; Décor Sponsor Merck; and Silver Sponsors Corning, The Rehfeldt Group, and GSK.

The party featured raffle drawings with attractive prizes throughout the night. The grand prize, from Samsung, was a 65” QLED 4K television. Other prize sponsors included the Grand Hyatt Taipei, Amba Taipei Songshan, CÉ LA VI Taipei, eslite hotel, Everrich, Hotel Eclat Taipei, Hotel Indigo Taipei North, Hotel Royal Group, Howard Plaza Hotel Taipei, Madison Taipei, Mandarin Oriental Taipei, Mellow Fields Taipei, Shangri-La’s Far Eastern Plaza Hotel, The Landis Taipei, The One, The Place Taipei, Regent Taipei, Sherwood Taipei, Westin Tashee Resort Taoyuan, and W Taipei.

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.

2020 AmCham AGM Voting Procedure
年度會員大會理監事選舉流程

This year’s Annual General Meeting will be held on Tuesday, November 17 at the Shangri-La’s Far Eastern Plaza Hotel. This year, we need to achieve a quorum of 101 voting members at the AGM. We highly encourage all members to attend this event.

As a reminder, we would like members to know that the election packets have been sent. If you are the voting member, please make sure you have received the election packet. For information regarding the voting procedure, please check our AGM overview fact sheet.

109年11月17日年度會員大會理監事選舉公報已經寄出,如果您是有投票權之會員,煩請確認您是否已經收到. 關於理監事選舉流程請看下方圖示並參考此連結. 謝謝您!

If you WILL attend the Annual General Meeting:

  • Please sign and send the Attendance Card (BLUE card) to Deloitte & Touche.
  • To cast your vote, please bring your ballot to the Annual General Meeting on November 17.

If you WILL NOT attend the Annual General Meeting, please mail the following to Deloitte & Touche:

  1. Please sign and send the Attendance Card (PINK card).
  2. Please sign and send the PROXY Card (PINK card).
  3. Select your candidates on the ballot to cast your vote.

AmCham Taipei Celebrates 69 Years of Outstanding Service and Leadership

On September 17, AmCham Taipei commemorated its 69th anniversary with an evening celebration at the Mandarin Oriental hotel. Over 100 guests, including members new and longstanding, dined on the hotel’s delicious international cuisine, caught up with peers and friends, and raised a toast to the Chamber’s more than six decades of outstanding service to the international business community. The event was sponsored by SGS and the Invest Taipei Office, and drinks were provided by Diageo.

To kick off the evening, AmCham Taipei Chairperson C.W. Chin gave a short speech describing the Chamber’s dedication to further improving the business environment for its members and to strengthening the economic relationship between Taiwan and the U.S. Leo Seewald, president of the Chamber, then announced that AmCham Taipei is in the process of undergoing a name change – to the American Chamber of Commerce in Taiwan – to better reflect the organization’s scope and responsibility. AmCham’s membership encompasses the whole of Taiwan, Seewald noted, and in terms of its advocacy efforts, it works mostly with the central government on issues of regulatory policy.

Huang Shan-Shan, deputy mayor of Taipei city government, briefly addressed the guests, emphasizing the work of the Invest Taipei Office. ITO is a one-stop platform established by the city’s Department of Economic Development to assist domestic and overseas companies and entrepreneurs by providing them with knowledge and understanding of Taipei’s business environment, as well as of related policies and legislation.

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.

A Belated but Rousing Hsien Nien Fan

AmCham Taipei’s 2020 Hsieh Nien Fan banquet was held successfully at the Grand Hyatt Taipei on August 25, despite a long postponement from the original March schedule due to the disruptions of COVID-19. Under the circumstances, this year’s celebration was especially meaningful, bringing together nearly 700 AmCham members and guests, including more than 130 government officials.

Attending the banquet for the fourth time – and the first since her inauguration for a second term, President Tsai Ing-wen delivered the keynote speech. AmCham Chairperson CW Chin (see the full text and video here) and American Institute in Taiwan Director Brent Christensen made additional remarks.

Chin opened the ceremony by expressing his thanks to the Taiwan government for the support and cooperation given the Chamber in the past year. He especially praised the administration for its excellent performance in handling the coronavirus pandemic.

In her speech, President Tsai stated that the partnership between Taiwan and the U.S. was made even stronger in the face of the combined challenges from the pandemic and security concerns. That cooperation was exemplified by the recent signing of an MoU on health cooperation during the visit of U.S. Secretary of Health and Human Services Alex Azar. Tsai urged that the bilateral relationship be further deepened by entering into negotiations for a bilateral trade agreement. She emphasized that the Taiwan government is “committed to securing a robust investment environment to the benefit of us all.”

AIT Director Christensen commended Taiwan’s progress in advancing shared political, economic, and international values of the U.S. and Taiwan during the challenging times of COVID-19. “It has been our pleasure to work closely with Taiwan to share the Taiwan Model with both U.S. institutions and countries around the world,” he said.

Besides the President, high-ranking Taiwanese officials that attended included Secretary General of the Presidential Office David Lee, Secretary-General of the  National Security Council Wellington Koo, Vice Premier Shen Jong-chin, Minister without Portfolio John Deng, Minister of the National Development Council Kung Min-hsin, Foreign Minister Joseph Wu, Minister of Economic Affairs Wang Mei-hua, Chairperson of the Financial Supervisory Commission Huang Tien-mu, Minister of Justice Tsai Ching-hsiang, Minister of Finance Su Jain-rong, Minister of Health and Welfare Chen Shih-chung, Chairperson of National Communications Council Chen Yaw-shyang, and Taoyuan City Mayor Cheng Wen-tsan. This event was also joined by several members of the Legislative Yuan and Taipei City Council.

A host of generous sponsors helped make the event possible: Platinum Sponsor Citi; Gold Sponsors Corning, Franklin Templeton Investments, and Standard Chartered Bank; Wine & Liquor Sponsors Diageo and Sergio Valente; Silver Sponsors 3M, HSBC, JTI, and Micron; Bronze Sponsors Air Products, Amgen, Baker McKenzie, Bechtel, Dun & Bradstreet, GE, Merck, Philip Morris Taiwan, and Semi; and General Sponsors Airbnb, Grand Hyatt Taipei, IBM, Johnson & Johnson, P&G, and the Tobacco Institute of the Republic of China.