TES & APEC

Written by Peter Li-Chang Kuo ( Chinese ) “ TES ” (The eStore System, an original Electronic Commerce System) is a new tech-economic system invented based on universal concern. In addition to its long list of components such as contactless induction technology and cashless transaction systems, it also introduced visionary concepts and slogans such as " Innovative Industries to Solve Unemployment ," " Technologization of Traditional Industries and Intelligentization of High-Tech Industries ," " Working from Home to Earn Global Income ," and " Jobs for Everyone, Food for Every Household ." Looking back after 40 years, these once-distant dreams of social responsibility investment have truly come to fruition. During the 1997 Asian Financial Crisis, severely affected countries included Thailand, the Philippines, Indonesia, Malaysia, South Korea, and Japan— all member economies of APEC (Asia-Pacific Economic Cooperation). As these countries faced...