An aircraft operated by Eva Airways takes off from Taiwan Taoyuan International Airport in 2020. … [+] Photographer: I-Hwa Cheng/Bloomberg
Taiwan, home to many of the world’s largest technology companies, tentatively plans to end its current three-day mandatory quarantine rule for all international arrivals starting on Oct. 13, the Central News Agency reported today.
Arrivals currently face three days of mandatory quarantine plus four days of “self-initiated epidemic prevention” during which individuals are allowed to go out after first taking a rapid test and obtaining a negative result, the agency said.
Quarantine will end on the condition that there is no escalation of the Covid-19 situation in Taiwan over the next three weeks, CNA said. Instead, arriving travelers will need only to observe seven days of self-initiated prevention. The American Chamber of Commerce in Taiwan and British Chamber of Commerce in Taipei were said to welcome the decision.
Shares in Taiwan hotels were mixed on the news. Formosa International Hotels, led by Steven Pan, one of the island’s wealthiest businessmen, rose by 6% to a three-year high.
Taiwan this month is already resuming visa-free entry privileges for travelers from the United States, Canada, Europe, Australia and New Zealand that had been suspended in connection with the pandemic. Citizens of the 14 nations with which Taiwan has diplomatic ties are also covered by the eased rules, CNA said, citing the Central Epidemic Command Center. Entry restrictions had been imposed in connection with the Covid-19 outbreak.
Taiwan has the world’s 22nd largest economy and is a leading global source of the semiconductors. Taiwan businesses that rank on the Forbes Global 2000 list of the world’s top publicly traded companies include Hon Hai Precision — the big supplier to Apple led by billionaire Terry Gou, and Taiwan Semiconductor Manufacturing Corp., or TSMC, which makes computer chips for Intel. Others among Taiwan’s numerous Apple suppliers include Pegatron, Lite-On Technology, Inventec, Catcher Technology, Largan Precision and Compeq Manufacturing.
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