April '99 News and Perspectives about Business Opportunities in Asia

August 23, 1999

Taiwan has been one of the biggist suppliers of computer and its peripheral equipments.

Recently, it has been crowned as the biggest penbook computer manufacturer because its production has just surpassed Japan.

To build up her excellence in software, Taiwan has started, since 1992, to construct a high-tech area at Neihu, Taipei. Together with the scientific software industrial park at Nankang, Taipei, and the Hsin Yi project financial center inside Taipei, the three centers of high-tech form a triangle that has attracted almost all the principal Taiwanese computer industry players as base for their new projects. Therefore, this triangle area has gained the reputation as a NEW SILICON VALLEY in Taiwan.

The most interesting points for foreign investors are :

a) Labor cost there is about 45% of Singapore
b) Rental, either for office or for factories, is only 25% of those in Hongkong or in Singapore

Any interest? We shall be pleased to help your company expand into this exciting new region.

August 19, 1999

During Warring States period of China (about 2,0000 years ago), there
existed a number of small kingdoms or princedoms. One of them was TSU possessed abundant natural resources that were consumed by another princedom, JIN As time went by, this trade phenomenon was given a new meaning : Human talents of one country have been serving another country, even they are inimical to each other.

For the advancement of a country, either economic or otherwise, talents and skills of the people are supposed to be the most critical element. Asians have seen capital flow out of their countries to USA. However, money could go back to the origin in a matter of minutes, if it is profitable to do so. What Asian governments have been much more concerned with is the exit of their talents, mostly to the new world. College graduates, post graduates, professors, engineers, scientists have chosen to come to the United States for advanced study, research, or a better living. In brief, the cream of Asian society is leaving. Had they all returned to their country of origin, they could have made a great contribution to their motherland. Unfortunately, because of political the situation or economic conditions at home, they remain abroad.

This unfavorable situation has motivated a change of policy among many Asian governments. Taiwan and Singapore are among the forerunners to woo their own student home. For instance, Taiwan used to pay the return ticket and promised an appropriate job for any Taiwan student intending to go home.

Recently, PRC is showing their awareness of this problem. It has started to encourage or coax their students back home (not so much afraid of their possible dissemination of democracy in the mainland of China). To encourage the return of scientists badly needed at home, PRC government has even promised to woo those talents with cash reward about the same amount of Nobel Prize!

The only exception, for the time-being, not to have encouraged the return of its students is Vietnam. As a result, there could be a bottleneck for her economic advancement..

This is particularly a dilemma to the communists - brain drain is bad for the country but returned-students will definitely sow seeds of dissatisfaction, and a desire for freedom and democracy that will lead to the downfall of the tyrannic communist regime.

What is your valued opinion? Let us know.

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