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Archive for the ‘Business and Economy’ Category

Property Development Opportunities In Taiwan

Friday, August 6th, 2010

Taiwan’s real estate market has been growing steadily more buoyant since the end of 2007. There has been steady appreciation in commercial properties’ capital values, and transaction volumes have also been steadily rising. The new KMT-backed government is keen to create closer ties with mainland China to boost the island’s economy, and also to promote property development in the region in general.

Property development in Taiwan has exploded in the last six years, after relaxing of rules that prevented foreign investment in the country. Taiwan’s new president, Ma Ying-jeou, also recently invited a group of Chinese real estate tycoons and self-made billionaires to the country to look at investing in the region. The president aims, through these new and closer ties with mainland China, to increase annual tourist flows to Taiwan from the current level of 80,000 to at least one million per year. This will be achieved by previously prohibited flights directly across the Taiwan straight. These goals have also been endorsed by China’s current president, Hu Jintao.

The promotion of property development in Taiwan has been summarized in a plan which articulates ten new major construction projects, worth an approximate 500 billion to the local economy over a period of five years. This plan was put forward in 2003, but only approved by the government in 2005. Various construction projects will be completed within a very short period of time, aiming to boost Taiwan’s international profile, and having corollary effects of increasing leisure and tourism investments in Taiwan, boosting the Taiwanese property market, and increasing property development in Taiwan. The title ‘New Ten’ differentiates them from the Ten Major Projects put forward by a former Taiwanese president in the 1970s.

The Advantages of Bilingual Business Cards

Friday, March 5th, 2010

In today’s business world, you can’t help but handle all sorts of customers from all countries. Additionally, while you’re doing business with clients from countries where English is not their common means of conversation, then here is where bilingual business cards come into play. Imagine you’re at a certain social occasion where a speaker from Taiwan is discussing something that’s really crucial to your personal business. While you listen to the translator interpreting every word of the speaker, you begin to consider to yourself that you really want to have a chat with him after his delivery.

However, when the speaker gets down the stage, Taiwanese folks who seem to be his co-workers promptly encircle him. They begin talking in Chinese, and you’ve no idea what they are discussing since you don’t speak Chinese. You turn over for the translator only to find out that she has left too. Yet, from the sound of the conversation, you thought to yourself that the speaker doesn’t know how to speak the English language in the least.

Luckily, the crown starts to spread out and the speaker is now free for conversation. You rapidly pick up the footstep and come up to the speaker. After introducing yourself, you find out that he does understand English, though he doesn’t actually speak the language fluently. After sharing a couple of essential things about your company and the trade you find yourself in, you try to reach your jacket’s pocket for your business card. On the front side of the card, you’d have everything there’s to acknowledge about your business, entirely in English. At the backside of the card, though, is the Chinese translation of what can be found on the card’s front end. This means, you are able to leave the occasion knowing that the Taiwanese speaker would fully understand what your business is all about.

It would be more in effect to have bilingual business cards prepared in several languages, and these can include Chinese, Mexican, Spanish, French, Japanese, Thai, and so on. This makes you more geared up for whatsoever nationality the next client would be. It doesn’t matter what second language your business card would have, it’s absolutely crucial to consult a linguistics professional about this. This way, you will be able to make certain the info on your business card is translated correctly.