Reported about 1 year ago
To promote halal Taiwanese cuisine, the Foreign Trade Association recently held a 'Taste of Halal ‧ Taiwanese International Food Show' event at the Howard Plaza Hotel Taipei, bringing together renowned chefs from Taiwan, Indonesia, and Malaysia to showcase creative dishes using locally Halal-certified ingredients and attracting Muslim country diplomats and international buyers. The event featured chefs like Chef Chen Kuanmin from the Muslim-friendly Howard Plaza Hotel Taipei, Chef Adie Miartadi from the Indonesian Islamic Chef Association, and the renowned Malaysian Chef Fikree, who combined Taiwan-certified halal products with Taiwanese or Southeast Asian flavors to create innovative dishes. The event also saw the collaboration between the Foreign Trade Association and the Howard Plaza Hotel's pastry shop to develop an exclusive Arabic-style honey cake as a souvenir. The Secretary-General of the Foreign Trade Association, Wang Ximeng, highlighted Taiwan's diverse and quality halal ingredients, aiming to introduce them to Muslim consumers and expand Taiwan's visibility in the global halal market through continuous efforts and innovation. This event was not just about showcasing food but also about cultural exchange, with Taiwanese celebrity chef James commenting on the creativity and endless possibilities of Taiwanese halal ingredients, Indonesian Chef Adie expressing surprise at the diversity of Taiwanese halal ingredients, Taiwanese Chef Chen Kuanmin stating that making halal dishes is not difficult with some creativity, and Malaysian Chef Fikree being impressed by the Taiwanese halal spicy sauce, noting the challenges of obtaining halal certification for spicy products in Malaysia's booming hotpot market.
Source: YAHOO
Reported about 1 year ago
The Viva Technology conference in Paris highlighted France's ambition to become a global leader in the field of AI, showcasing innovative AI technologies and attracting investments from companies like Meta and Google. With strong research ecosystems and efforts to attract top talent, France aims to narrow the gap with the US and China in the AI industry. President Macron envisions Paris as a global AI hub and emphasizes the need for more European participation in the AI sector, despite some concerns about the stringent regulations outlined in the EU's recent AI Act.
Source: YAHOO
Reported about 1 year ago
工研院在院慶上獲經濟部政務次長肯定為台灣重要資產，強調其在創新技術與經濟發展上的關鍵角色，表示將持續支持推動產業技術升級提升國際競爭力。工研院董事長李世光創造新創氛圍，助力產業發展；院長劉文雄擘畫2035技術藍圖，收穫國際獎肯定並促成產業應用，對技術人才培育與創新創業亦有積極幫助。
Source: YAHOO
Reported about 1 year ago
Real estate prices have been continuously rising in recent years, but income-generating financial products related to real estate have underperformed. However, REITs are currently undervalued due to previous interest rate pressures, with expectations of increased buying momentum in the second half of the year as interest rates are predicted to decrease. Analysts estimate a 3.2% profit growth for US REITs in 2024, with healthcare, industrial, and data centers leading in growth. The REITs index is currently at a discount of around 3%, with a P/E ratio of 17 times, making the valuation highly attractive amidst a backdrop of global central bank interest rate cuts and improved market attractiveness due to lower borrowing costs. With the estimated P/E ratio of the REITs index still below the long-term average and the valuation considered cheap, REITs present a strong investment value proposition for investors.
Source: YAHOO
Reported about 1 year ago
Shih Hsin University, known for its focus on communication studies and distinct educational characteristics, has achieved the top spot among private universities in the fields of social sciences, journalism, and library information, according to a July survey by CommonWealth magazine. The university's president, Chen Ching-ho, expressed gratitude for the recognition from peers and society, attributing it to the collaborative efforts of the entire university community. Shih Hsin University has recently secured the top spot among non-medical private universities in the competitive Taipei and New Taipei City regions. This recognition follows the university's previous achievement of being ranked first nationwide in the 'Mass Communication Academic Group' by 104 Job Bank. CommonWealth's 2024 Taiwan's Best Universities Ranking features 45 indicators to ensure fairness and diversity, presenting a comprehensive evaluation of 37 categories based on academic performance and inviting feedback from various school administrators.
Source: YAHOO
Reported about 1 year ago
受益于苹果iPhone手机和AI手机拉货潮，三大智能手机系统单晶片（SOC）开始大量生产。预计，蘋果i16全系列将采用A18及A18 Pro晶片，非苹阵营则将由联发科天璣9400对决高通Snapdragon 8 Gen 4，三大客户新一代晶片全采N3E制程，台积电成为最大受益者。
Source: YAHOO
Reported about 1 year ago
Taichung Precision Machinery, in response to the era of 'energy conservation, carbon reduction, and sustainable development', has launched new green machines to help customers upgrade and create high added value. The Vturn-A260 lathe and Vcenter-M106 machining center have obtained ISO 14955 green machine certification and received the 'Golden Energy-saving Label for Machine Tools' from the Taiwan Machine Tool and Parts Association, demonstrating the company's research and development capabilities in green transformation. The newly developed Vturn-A260YSCM lathe features a new aesthetic design, servo turret, and high milling spindle speed, making it suitable for gear processing in industries like 3C, automotive, medical, and mechanical parts manufacturing.
Source: YAHOO
Reported about 1 year ago
The Asian Biotech Conference (BIO Asia) kicks off on the 24th, followed by the Elderly Health Industry Expo, the Executive Yuan Biotech Industry Advisory Committee Meeting in August, and the Medical Technology Exhibition in December. This year's main themes are expected to focus on precision health, AI/regenerative medicine, and opportunities in an aging population, possibly nurturing biotech unicorns. Various events and announcements are scheduled to boost the sector's momentum, attracting international attention and integration of resources in the biotech and medical technology industry in Taiwan.
Source: YAHOO
Reported about 1 year ago
經濟部完成輝達 Taipei-1 算力審查，4個台灣團隊入選，包含大型語言模型訓練、晶片設計、智慧製造、智慧醫療、自動駕駛和數位孿生等領域，預期可加速台灣AI科技發展。輝達將提供台灣二年半算力，經濟部指出 Taipei-1 擁有64台DGX H100及32台OVX，位列全球前50大AI超級電腦，台灣首次獲得外商分享AI算力，價值約新台幣4億元。
Source: YAHOO
Reported about 1 year ago
The annual salary adjustment meeting of Formosa Plastics Group is set to take place on July 11, with attention focused on the wage increase amid a slowing recovery in the petrochemical business sector. The negotiation will involve the CEO of Formosa Plastics Corporation, Lin Shan-Zhi, and representatives from the four major company labor unions. Despite facing challenges in the petrochemical sector in recent years, the company aims to balance employee welfare and shareholder interests to support sustainable business operations and upgrade transformations. This year, the unions have proposed a 3% wage increase and an additional monthly meal subsidy of 600 yuan to be included in the salary package, totaling a 4% adjustment. As inflation persists and the petrochemical sector's recovery slows down, reaching consensus on maintaining shareholder interests while meeting employee demands is a key concern.
Source: YAHOO
Reported about 1 year ago
Following the presidential candidate debate in the United States on July 7, 2024, the market anticipated changes, resulting in stock market fluctuations. However, data since 1960 shows that during US election years, the average annual return rate of US stocks is 7.5%, slightly higher at 8% in non-election years, indicating that elections are not the absolute factor affecting the stock market, but rather the state of the economy is key. With the US economy stable, showing moderate growth in employment and consumption, and with IMF revising global GDP growth rate to 3.2% this year, including a substantial increase in the US growth rate to 2.7%, US corporate profit growth is expected to return to double-digit percentage growth, favoring a continued positive trend in US stocks.
Source: YAHOO
Reported about 1 year ago
Investment experts recommend focusing on stocks like Weichih, Kunyin, and 11 others with small market capitalization, institutional investors accumulating shares, and double-digit revenue growth in June, categorizing them as 'small and beautiful' stocks. With the bullish momentum in the Taiwan stock market, particularly in small and mid-cap stocks, the index continues to reach new heights. Key companies like Weichih and Kunyin are showing positive indicators due to factors like small market capitalization, significant institutional buying, increased trading volume, and strong revenue performance, leading to expected price increases. Companies such as Taiwan Optical, All New, Original Phase, etc., are mentioned as standout performers meeting specific criteria, showing strong potential in terms of chip, fundamentals, and funding. The industry outlook is positive, especially in areas like AI servers and 400G switches, driving companies like Taiwan Optical to outperform expectations in the second quarter. As the iPhone stocking season approaches and demand for high-speed transmission increases, companies are expected to see revenue growth in the third quarter around 30%. Overall, the article highlights the strength of these 'small and beautiful' stocks and their potential for future price appreciation.
Source: YAHOO
Reported about 1 year ago
Container shipping rates in the traditional peak season of July have shown signs of slowing down, with high freight rates on the Europe-America routes loosening up, leading the industry to anticipate a forthcoming battle for market share. The recent Suez Crisis is seen as the key factor driving the rate hikes, with some carriers like COSCO Shipping and Orient Overseas already announcing price reductions on certain routes to secure cargo. With the uncertainty surrounding the crisis and potential overcapacity challenges ahead, industry experts predict a correction in the high rates as the season progresses.
Source: YAHOO
Reported about 1 year ago
In the first half of 2024, stock markets have frequently hit record highs. Publicly-owned banks suggest that despite the market's highs, investors should consider adding to their stock holdings in the second half of the year. Following the trend in the US market, the third quarter typically sees a period of chip fluctuation and consolidation, making it a good opportunity to capitalize on weaknesses while maintaining strength. Besides the US market, public banks are optimistic about Japan, India, overall Taiwanese stocks, and technology stocks. With solid corporate profits support behind stock market highs, the future outlook remains positive, with potential opportunities for investment in trend categories or markets with rich subject matter.
Source: YAHOO
Reported about 1 year ago
Even though the effects of new product launches by major clients have not immediately shown, touchscreen giants TPK-KY Chanhong (3673) and GIS-KY Yecheng (6456) are optimistic about a more significant growth in revenue in the third quarter, expecting an increase. Chanhong's consolidated revenue in the second quarter reached NT$19.15 billion, an increase of 24.9% from the previous quarter, while Yecheng's consolidated revenue in the same period grew by 7.57%. Despite the downturn in the IT industry, both companies remain cautiously optimistic about the second half of the year.
Source: YAHOO
Reported about 1 year ago
Taiwan Synthetic Rubber (2103) achieved a significant growth in revenue in the first half of the year with a 28% year-on-year increase in June, reaching NT$3.1 billion and accumulating NT$17.69 billion in the first half of the year. The market is optimistic about the company's performance in the second half of the year, expecting continued improvement in gross profit. Taiwan Synthetic Rubber is focusing on adjusting its product structure, especially in the area of SSBR for electric vehicle tires, which has become one of the pillars of its operations. Additionally, the company is venturing into the medical product field, such as supplying medical materials in the mainland China market and projecting a significant increase in supply next year.
Source: YAHOO
Reported about 1 year ago
In a report released by the Ministry of the Interior on July 7, 2024, it was found that nearly 70% of renters without their own homes can afford monthly rent below 12,000 NT. More than 70% of rent subsidy applicants are interested in applying for social housing, with a preference for apartment sizes ranging from 8 to 14 ping, followed by 20 to 30 ping. The survey also highlighted challenges such as a lack of elevators and property managers in over 50% and 60% of rental properties nationwide, respectively, with Taipei having the worst conditions. Renters in different regions have varying perceptions of affordable rent, with 12,000 NT being seen as a benchmark. Demand for social housing is highest for 1-bedroom and 2-bedroom units in cities like Taipei and Tainan.
Source: YAHOO
Reported about 1 year ago
On July 5, Taiwan stock market showed narrow fluctuations with TSMC crossing the $1000 mark, causing the market to close up 34.06 points at 23,556.59 points. Taiwan futures closed down 51 points at 23,570 points, with the net short positions of foreign investors increasing to 28,498 contracts. Options data showed the largest open interest for the week at 24,000 points on the call side and at 23,000 points on the put side. The overall market sentiment is neutral, influenced by factors like the decrease in US non-farm payrolls and expectations of a Fed rate cut, reflected in various stock indices.
Source: YAHOO
Reported about 1 year ago
In an effort to deepen financial knowledge among students, the Taiwan Stock Exchange (TWSE) developed a financial education curriculum specifically for junior high school students. The curriculum, implemented during the 112th academic year in 13 counties and cities across Taiwan, received high satisfaction rates from teachers. The curriculum focuses on basic investment and financial concepts, with sections on the securities market, stocks, funds, and financial risk awareness. TWSE aims to continue promoting financial literacy by organizing online teacher workshops and incentive activities. Additionally, they have introduced a high school version of the curriculum to further assist students in understanding investment principles and risks.
Source: YAHOO
Reported about 1 year ago
The steel industry's economy has been slowly picking up, but the steel structure industry is benefiting from factors such as active real estate market, continuous demand for high-tech factory construction, and the booming trend of offshore wind power. Capacity is already filled up to next year for companies like CSC (2013), Tung Ho Steel (2006), Chang Iron (2211), and Shijeh Steel (9958) due to outstanding performances. Despite lower-than-expected interest rate cuts by the US Federal Reserve, the steel construction sector is thriving due to strong demand, particularly driven by housing market incentives, high-tech industry development, and offshore wind power projects. These factors have led to full production capacity and overflowing orders for steel structure companies in the industry.
Source: YAHOO
Reported about 1 year ago
Bond ETF newcomer 00953B Yuanta Preferred Income Non-Investment Grade Bond ETF has been approved by the Financial Supervisory Commission for fundraising, with a launch date set for August 5th and China Trust Commercial Bank as the custodian bank. The ETF, priced at 10 yuan, incorporates a smoothing mechanism and is Taiwan's first bond ETF to adopt a 'credit factor weighting' system. It targets a yield exceeding 6%, aiming to lead in the non-investment grade bond space while approaching investment-grade bonds, appealing to conservative bond investors focusing on mature countries and emphasizing diversified industry allocation.
Source: YAHOO
Reported about 1 year ago
Taiwan's stock market surged past 23,000 points in June, with the financial sector providing significant support as banks and securities firms increased their investments in Taiwan stocks by 202.7 billion NTD in the first five months of the year. Banks notably increased their investment by around 115.3 billion NTD, while securities firms added 87.4 billion NTD, with a 556 billion NTD increase in May alone. The ongoing positive trend in bank investments in stocks has contributed to the stock market reaching new highs, with total unrealized gains of 377.3 billion NTD and impressive returns.
Source: YAHOO
Reported about 1 year ago
As the growth of the European and American car markets slows down and China expands its capacity for low-cost electric vehicles, Tesla and other major car manufacturers are shifting their focus to Thailand, sometimes referred to as the ‘Detroit of Asia.’ Thailand offers incentives for EV manufacturing and consumers, making it an attractive location for automakers. Tesla's challenging year, marked by the need for significant price cuts to stimulate demand and competition from lower-priced offerings, has led to layoffs and cutbacks in their Supercharger network spending. Amid the ongoing US-China trade war, Tesla is facing additional challenges, prompting the company to seek opportunities in Asian markets beyond China, with India also showing interest besides Thailand as a potential hub for electric vehicles.
Source: YAHOO
Reported about 1 year ago
Delta Electronics, a major power supply manufacturer, has gained NVIDIA's favor, being the only invited supplier of power and cooling solutions at the GTC conference in March. There are speculations in the market that Delta Electronics will secure significant AI server power supply orders under NVIDIA's Blackwell architecture, especially for B100, B200, and GB200 servers. With CoWoS capacity relief in the second half of the year and chip shortage issues resolved, Delta Electronics is expected to receive a surge in AI server orders. Foreign investors have shown strong interest, with a combined net buy of 45,000 shares in Delta Electronics in June and July, highlighting the positive outlook. Delta Electronics mentioned that high-performance AI server power supplies will be provided to assemblers like Foxconn, with major orders expected to ship in the second half of the year. Currently, AI power business accounts for 4% to 5% of total revenue, with a market share of over 50%.
Source: YAHOO
Reported about 1 year ago
To retain talent and reduce turnover rates, public banks in Taiwan are offering various incentives, such as accelerating promotion speed and increasing vacation travel subsidies. First Bank has increased its travel subsidy amount to a maximum of 11,000 New Taiwan Dollars this year. Taishin Bank and others have implemented career support centers, transparent promotion mechanisms, expanded promotion qualifications, and improved employee benefits. Additionally, Hua Nan Bank has introduced a talent pool selection program for non-supervisory staff with at least five years of experience, breaking traditional seniority limits and offering above-million annual salaries. Chang Hwa Bank has streamlined promotion criteria for lower-level staff based on seniority, performance, and certification requirements, allowing for rapid advancement. This initiative is part of a wider effort to retain and nurture talent in the banking industry.
Source: YAHOO