Reported 12 months ago
On July 3, 2024, the '2024 Taiwan Service Industry Evaluation' awards ceremony took place in Taipei, with FSC Deputy Chairperson Chen Yan-liang attending. Taipei Fubon Bank's wealth management department vice general manager Wu Yi-ling accepted the award for the bank's outstanding custom-friendly service. The bank won the 'Special Award - Friendly Service Award' in the evaluation, highlighting its dedication to customer experience, fair treatment, and warm service design for all customers, including the elderly and people with disabilities. The bank's efforts extend to providing job training for special education students, aiming to create a new employment model for them.
Source: YAHOO
Reported 12 months ago
Taiwan Index Company announced the final review results of 6 Taiwan Stock ETF components with a total asset size of 94.8 billion NTD, including 4 high dividend ETFs with a scale of approximately 76.4 billion NTD. Due to the recent surge in AI stocks, dividend yields have decreased, leading industrial and financial stocks with higher dividend yields becoming the big winners in this round of component selection. The adjustments for the 6 ETF components took effect after the market closed on the 3rd, with changes in stocks included in each ETF such as 00918 Dahua High Dividend 30, 00936 Taishin Sustainable High Dividend Small-Cap, 00915 Taishin Preferred High Dividend 30, 00930 Yuanta ESG Low Carbon High Dividend, and others.
Source: YAHOO
Reported 12 months ago
On July 3, 2024, the weight index soared by 293 points to close at 23,172 points due to the US Federal Reserve's dovish stance, with financial stocks such as Cathay Financial Holdings, Fubon Financial, Mega Financial, and KGI contributing 42 points to the index. The Taiwan Futures surged by 350 points to close at 23,185 points, turning to a positive basis of 12.57 points. Foreign investors saw an increase in net long positions, while the overall options chip neutrality was observed. Analysts note a cautious optimism in the market driven by positive US stock performance and rapid market rotations, with a focus on heavyweight tech stocks and MediaTek's ex-dividend situation on the following day.
Source: YAHOO
Reported 12 months ago
法人搶卡位買進多頭排列的股票，包括兆豐金、國泰智能電動車、台積電等16檔。電金族群帶領大漲，加權指數收回23,172點，法人建議留意金融股、受暑假旺季影響的族群。鎖定法人買超的股票，預計市場將會攻至23,200點。台積電受2奈米需求拉升，預期資本支出調高至320億至360億美元，股價表現強勁；市場看好台積電將調漲代工價，且法人預期台積法說會將帶來成長驚喜；美國鮑爾轉鴿，半導體及科技股再度受青睞。
Source: YAHOO
Reported 12 months ago
Yung-Gu (2417) stock price surged on July 3 due to the edge AI opportunities and significant foreign buying. The stock opened at 48.9 yuan and hit the daily limit up to 52.3 yuan at close, with trading volume exceeding 10,000 shares. Yung-Gu is actively expanding into edge AI and aims to increase its AI solution share from 20% to 25%-30% this year. The company is focusing on esports live broadcasting products and AI solutions, with new live broadcasting solutions expected to launch by the end of July to boost second-half revenue.
Source: YAHOO
Reported 12 months ago
Kaohsiung Mayor Chen Chi-Mai congratulates Tsai Yong-Yu on becoming the new chairman of the Screw Association, succeeding former chairman Cai Tu-Jin, during the 20th annual meeting where 27 directors and 9 supervisors were elected. Mayor Chen emphasizes the importance of the screw industry in Kaohsiung's economic development and recognizes the outstanding contributions of the former chairman. Tsai Yong-Yu expresses gratitude and outlines plans for expanding international trade exhibitions to enhance the competitiveness of Taiwan's screw industry. The event marks a significant milestone in promoting industry development and collaboration.
Source: YAHOO
Reported 12 months ago
National Development Council Vice Chairman Chan Fang-Guan announced plans to utilize digitalization, efficiency enhancement, and capitalization measures to drive innovation in the service and manufacturing industries. With the service industry contributing to 62% of Taiwan's GDP and over 60% of total employment, the importance of this sector to the economy and job market is evident. The government's goal is to achieve balanced development, not only geographically but also in terms of industry, by implementing diverse measures to stimulate growth and innovation in the service and manufacturing sectors.
Source: YAHOO
Reported 12 months ago
A new focus in the debate among civil groups, the government, and political parties is the exemption of individuals over 80 from the Barthel Index assessment starting July 3, 2024. During a public hearing held by the Legislative Yuan Health and Environment Committee, most civil groups expressed opposition, fearing that it would lead to the exclusion of resources for caring for critically ill vulnerable individuals within families. Scholars suggest initiating a one-to-many model for long-term care services, rather than falling into the trap of a one-to-one staffing shortage. Various civil groups, including the Family Caregiver Alliance, Taiwan Dementia Society, and Disability Alliance, oppose the exemption of individuals over 80 from assessment, claiming it would disadvantage already vulnerable care families. They demand a review of the deficiencies in long-term care plans and improvements in the evaluation criteria and process of the Barthel Index itself. Advocates stress the need for legislative amendments to temporarily halt the exemption, citing the potential influx of foreign caregivers and the ensuing competitive labor market situation. Experts warn that the current conditions may make it difficult for families in need of intensive care to find suitable caregivers due to the influx of caregivers. Additionally, they emphasize the importance of planning services that align with the qualifications of hired foreign workers to provide one-to-many care and encourage long-term care service units to offer 24-hour short-term flexible community support. Finally, they caution that the reliance on one-to-one caregiving for elderly individuals will exacerbate the imbalance in caregiving resources in an aging society.
Source: YAHOO
Reported 12 months ago
Provided by Guopu Futures, Chen Yuguang summarized on July 3, 2024, at 4:10 pm. Innolux (3481) futures have been retracing for several days under bearish fundamentals, continuing to be pressured under the 5-day line. Technical indicators also maintain a bearish stance, but the price has reached an important support level at 2x satisfaction point and the quarterly line checkpoint, suggesting a possible stabilization in the short term. However, considering the current weak panel demand and low quotations in the market, which may persist into the second half of the year, a conservative outlook is recommended in the long run. Factors such as sports events and new product stocking waves are expected to stimulate panel demand. Innolux expects a 11%-13% quarterly increase in large-size shipments and a 4%-6% quarterly increase in average selling prices for the second quarter. However, according to the research organization WitsView, due to weak television demand, the average TV panel price is only expected to rise by 1.6%-4.1% in the second quarter, below Innolux's estimate.
Source: YAHOO
Reported 12 months ago
Since the People's Bank of China introduced new real estate policies in mid-May, the housing market in Beijing, Shanghai, Guangzhou, and Shenzhen has seen increased activity. In June, these cities witnessed a surge in property transactions, with record-high numbers of housing signings reported in Beijing, Shanghai, Shenzhen, and Guangzhou. The policies included adjustments in mortgage rates, down payments, and the establishment of a 300 billion yuan fund to support affordable housing. Beijing, Shanghai, Guangzhou, and Shenzhen have all implemented measures to align with these policies, leading to significant improvements in their real estate markets.
Source: YAHOO
Reported 12 months ago
National Kaohsiung University of Science and Technology (NKUST) received a generous donation of around 15 million NTD from distinguished alumnus Zheng Furen, aimed at purchasing two NVIDIA GPU-accelerated servers to bolster the university's AI computing power and research development. With alumni support, NKUST aims to stay ahead in the AI trend and foster future talent. The contribution reflects the alumni's dedication to their alma mater's growth and success, as highlighted by NKUST President Yang Ching-yu during a recent presentation on the university's achievements and rankings in Taiwan's higher education landscape.
Source: YAHOO
Reported 12 months ago
With the EU's CBAM and climate change response laws coming into effect, the urgent need for zero-carbon transformation by businesses is highlighted. Yong Yu Plastics, a leading international packaging and injection molding company, has shown concrete results through green marketing and optimizing energy efficiency. With the assistance of Xin Ying Energy, they have transformed their factory roof into a solar photovoltaic field for self-production and further comprehensive layout towards carbon neutrality. Upholding environmental protection and social responsibility, Yong Yu Plastics focuses on reducing carbon footprint and promoting eco-friendly packaging materials, utilizing renewable and biodegradable materials for reduced environmental impact.
Source: YAHOO
Reported 12 months ago
ASUS, MSI, and Gigabyte are making significant progress in the field of smart robots with different focuses. ASUS continues to evolve its interactive smart robot Zenbo Junior series and introduces the programmable robot PINBO for schools. MSI and Gigabyte are developing machine arm solutions based on industrial computer applications, targeting smart manufacturing and Industry 4.0 areas, as well as investing in Autonomous Mobile Robot (AMR) applications. These companies are leveraging advanced technologies like generative AI and large language models to meet market demands, with products ranging from educational and healthcare assistance to AI-enhanced delivery robots for various industries.
Source: YAHOO
Reported 12 months ago
Chang Sheng Technology (3492), a manufacturer of automotive connectors, reported a first-quarter EPS of 0.37 on July 3, 2024, marking a significant improvement and a return to profitability compared to the previous year. With automotive customer demand stabilizing, the company anticipates better performance in the second half of the year. Chang Sheng's revenue reached a new high in recent years, and its main focus is on high-end automotive audio/visual module connectors. Despite uncertainties in order visibility for the upcoming months, the company is optimistic about a strong second-half performance based on historical trends. Additionally, Chang Sheng is exploring opportunities in the biomedical field by applying its connector transmission technology, but this segment's revenue contribution is currently limited. The company operates under a dual-mode order system in Taiwan and locally and has production facilities in China and Vietnam, with a strong presence in the automotive connector market.
Source: YAHOO
Reported 12 months ago
台灣AI產業發展在面臨護國神山的關鍵轉捩點，專家表示企業必須轉型成為AI知識仲介服務，以消減寡占霸權，增強核心競爭優勢。未來AI產業可能朝向智能代理人AI Agent模式發展，需要整合Web3.0及區塊鏈技術，這將是臺灣產業必須關注的策略方向。改變傳統的網路供應模式，是臺灣AI產業發展的關鍵所在。
Source: YAHOO
Reported 12 months ago
On July 3, 2024, at 4:10 PM, E-Ton's Indian subsidiary TEMICO announced the successful acquisition of a major order from a leading electric vehicle manufacturer in India. The order includes 5,000 direct-drive power systems for 9-meter and 12-meter electric buses and 50,000 power systems for light commercial vehicles. The three-year contract is set to commence mass delivery from the first quarter of 2025. This significant achievement in the Indian market signifies E-Ton's commitment to localized production and expanding market share, in line with Indian government policies, boosting Taiwan's electric vehicle industry overseas.
Source: YAHOO
Reported 12 months ago
New Taipei City Mayor Hou You-yi has been encouraging people to promote industry development and investment attraction. With a prime location, high population, well-developed transportation network, strong focus on innovation, comprehensive services, and abundant industrial land, New Taipei City presents great advantages for businesses. It offers a highly skilled workforce with a high percentage of young adults, efficient transportation infrastructure connecting industrial zones, a supportive environment for startups, and streamlined investment services, resulting in numerous successful investment cases. Areas like Banqiao, Xinzhuang, and Xindian are highlighted for their focus on digital technology industries, with companies like Google already establishing a presence in the region. Other areas like Linkou are being developed to accommodate the growing demand for industrial land, making New Taipei City an ideal destination for businesses to thrive.
Source: YAHOO
Reported 12 months ago
On July 3, 2024, Chang-Rong Zhang, the head of the Materials and Chemical Engineering Institute of the Industrial Technology Research Institute, highlighted the importance of making production processes more environmentally friendly in the fashion industry. Bio-based dyes are seen as a new solution for sustainable development in fast fashion. With stricter standards on textile dyes in Europe and the US, the shift towards 'sustainable fashion' is replacing 'fast fashion' as a mainstream trend. Bio-based dyes, derived from plants and microorganisms, offer high market potential due to their non-toxic and environmentally friendly characteristics. Brands are increasingly adopting sustainable materials and eco-friendly dyeing processes to cater to consumer demand for sustainable fashion.
Source: YAHOO
Reported 12 months ago
On July 3, 2024, financial analysts are optimistic about the Taiwan stock market reaching a milestone of 20 'thousand catty gold' soon, with high-priced stocks expected to attract investments. With recent bullish trends spurred by dovish comments from the Federal Reserve Chairman Powell, stocks like ASE-KY, Material-KY, TSMC, and Foxconn approaching 900 NT dollars may soon hit the 'thousand catty gold' mark, boosting market confidence. The article also mentions upcoming key events influencing market trends and highlights the positive outlook for AI and heavy electric industries in the second half of the year.
Source: YAHOO
Reported 12 months ago
New Chinese Life Insurance and Three Commercial American Life Insurance have strengthened their self-rescue plans, with one company having passed inspection. The Financial Supervisory Commission expressed concern over the detailedness and timeframe of Three Commercial Life's improvement plan, urging a more specific timeline. While the capital market is bullish and the life insurance industry has improved both in profit and structure this year, only New Chinese Life and Three Commercial Life are still in the process of enhancing their financial status.
Source: YAHOO
Reported 12 months ago
At the 2024 Taiwan Service Industry Evaluation held on July 3, 2024, Ding Wang Hot Pot was awarded the Gold Award in the chain hot pot category. General Manager Xu Junhua expressed gratitude for the recognition, emphasizing the brand's dedication to customer satisfaction and quality. Established over 30 years ago, Ding Wang Hot Pot continuously strives for excellence in its unique flavors, quality ingredients, and warm service. The company's customer-centric approach includes services tailored for Taiwanese diners, emphasizing sincerity and respect. Through training staff with the 'Five Senses Training' method, Ding Wang ensures employees anticipate customer needs before they are voiced, demonstrating their commitment to service quality and customer satisfaction.
Source: YAHOO
Reported 12 months ago
Despite expecting slower wage growth compared to inflation, 65% of respondents in Taiwan are still willing to spend on sports, leisure entertainment, and beauty to invest in their appearance, physique, and health, according to a survey by Mastercard. People are also looking into smart ways to save on daily expenses such as choosing discounted options and reducing non-essential spending frequency. The survey also reveals that a significant portion of the population, especially the younger generation, is actively involved in financial planning and spending on beauty and skincare.
Source: YAHOO
Reported 12 months ago
On July 3, 2024, at the Service Industry Evaluation Awards hosted by Business Times, Vice President Xiao Meiqin highlighted the importance of Taiwan's service industry, which contributes over 60% to the GDP and employs over 50% of the workforce, making it a crucial industry for Taiwan's economy. Xiao emphasized the need for Taiwan to leverage its service industry's reputation, unique tourism, and culinary culture to attract more international tourists, establishing Taiwan as a renowned international travel destination brand. She also praised the quality and professionalism of Taiwan's service industry on a global scale, noting its growing recognition worldwide and importance in international diplomacy.
Source: YAHOO
Reported 12 months ago
In order to seize the future low carbon business opportunities, investors are encouraged to position themselves in ten ESG-themed ETFs that have been issued. As Taiwan prepares for the implementation of the 'Greenhouse Gas Emission Reduction Quota Trading Auction and Transfer Management Measures' on August 15, with the first carbon rights trading expected by the end of September, focusing on ESG-related ETFs linked to low carbon and sustainable development can help capture the trend. These ETFs hold stocks of domestic companies with good corporate governance and low carbon sustainability performance, showcasing potential for positive returns. As Taiwan's carbon pricing era approaches, companies with effective ESG carbon reduction strategies are expected to become preferred investment targets. It is advised to consider investing in ESG low carbon VTaiwan Stock Market ETFs to take advantage of the bullish market trend and the opportunities in the net-zero carbon trend.
Source: YAHOO
Reported 12 months ago
The Ministry of Labor in Taiwan announced plans to revise regulations in September to conditionally ease the assessment criteria under the Barthel Index Scale for individuals above 80 years old. The new criteria would include those with long-term medical records, irreversible specific medical conditions, and patients receiving long-term medical care in remote areas, benefiting an estimated 55,000 people. The Ministry aims to prevent resource allocation issues and maintain fairness in caregiving by considering irreversible medical conditions in the assessment process, rather than solely relying on age or specific illnesses like cancer.
Source: YAHOO