Taiwan companies switching to video conferencing for overseas business

TAIPEI (CNA) — Companies in the technology and financial sectors said Wednesday they will start conducting business with their foreign executives and partners abroad by means of video or teleconferencing, as Taiwan tightens its border controls in an effort to curb the spread of the new coronavirus disease (COVID-19).

Following an announcement by the government that essentially banned the entry of almost all foreign nationals with effect from Thursday, Taiwan chipmaker United Microelectronics Corp. said it will hold business discussions with foreign executives via video conferencing.

Furthermore, the company said, it has decided to suspend all overseas business trips by its employees.

Meanwhile, personal computer vendor Acer Inc. said the government’s border control measures will not significantly affect its business operations, as it will use several channels to communicate with the overseas business partners, including e-mail, video conferencing and teleconferencing.

In the financial sector, China Development Financial Holding Corp. also said it had already started in February to conduct international business via teleconferencing, video meetings, and e-mail.

The government’s recent slew of preventive measures against COVID-19 includes a request that travel agencies suspend all overseas tours and stop bringing travelers from abroad, from March 19 to April 30.