TW Biz News｜WK 04/21 - 04/27
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Every week, we'll select Taiwan's five business news from the previous week for your review.
The B2B BNPL market in Taiwan is expanding rapidly as firms seek flexible payment solutions, offering growth in diverse sectors like retail, manufacturing, and healthcare. Opportunities lie in leveraging sales channels, segmenting by enterprise size, and analyzing sector-specific adoption trends from 2021-2030.
TAIPEI (Taiwan News) — Taiwanese department store operator Shin Kong Mitsukoshi has reportedly been selected as the winner of the Taipei Main Station mall operating rights tender, though Taiwan Railways Corp. said the process is still ongoing and declined to comment. The bidding for the high-profile commercial space has drawn significant attention, with Taiwan Railways Corp. reportedly holding a selection committee meeting and naming Shin Kong Mitsukoshi as the preferred bidder, per CNA. The company has not formally announced the results and said the case remains under review.
Kaohsiung officials are considering whether businesses in the Central Park shopping district could be allowed to extend operations onto sidewalks, as part of a broader effort to revive the area’s fading foot traffic. The Liberty Times reports that the proposal was raised by Kaohsiung City Councilor Huang Wen-yi (黃文益), who said the district’s street character makes it suitable for outdoor seating and night-time activity. He suggested allowing shops to place tables and chairs on sidewalks, provided pedestrian access and public safety are not affected.
〔Taiwan News〕Taiwan High Speed Rail extending to Pingtung in 2039
TAIPEI (Taiwan News) — Taiwan High Speed Rail is set to extend to Pingtung by 2039, marking the final phase of the north-south railway. The Cabinet approved the extension project at the end of last year, requiring a two-stage environmental impact assessment process starting in August. If completed on schedule, the review could take about three years, followed by an estimated 11-year construction period, per UDN.
Tod’s, Bottega Veneta, and Loro Piana ranked as the top three luxury brands in Taiwan by influencer marketing performance in the first quarter of 2026, according to new research from Kolr, a marketing intelligence solution operated by iKala Group. YSL Beauty led the beauty category in the same period. The findings come from the second edition of Kolr’s Brand Aura Index, a leaderboard that measures influencer marketing performance across Asia’s luxury goods and beauty markets. The index evaluates brands across four dimensions: Exposure, Resonance, Vitality, and Affinity. It draws on more than 6 billion influencer data points across Facebook, YouTube, X, Threads, Instagram, and TikTok.
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