Reported 9 months ago
Banks in Taiwan are aggressively promoting dual currency credit cards for overseas travel, citing advantages such as lower shopping costs with online currency exchange. Usage of dual currency cards, particularly for Japanese Yen, US Dollars, and Euros, has significantly increased in the first five months of the year. This growth is attributed to the devaluation of the Yen against the New Taiwan Dollar and the rising number of Taiwanese travelers to Japan. Various banks offer incentives such as cashback rewards and reduced foreign exchange fees, with the popularity of Japanese Yen dual currency cards on the rise.
Source: YAHOO
Reported 9 months ago
The Miaoli Employment Center under the Department of Labor Taoyuan-Hsinchu-Miaoli Division will host a job recruitment event in the Miaoli County Gymnasium on June 29 from 9:00 a.m. to 1:00 p.m. 18 quality companies will participate, offering more than 600 job vacancies. The event will have special areas for women returning to work, individuals aged 55 and above, and job fraud prevention, as well as free experiences for 200 lucky individuals. Companies like Delta, Kyocera Electronics, Shin-Ponch Electronics, Uni-President Chain Store, FamilyMart, Mita, and Wowprime Group will provide job opportunities for technicians, engineers, sales representatives, management trainees, store personnel, and food service staff. More than 60% of the positions welcome women re-entering the workforce and middle-aged individuals. Xintec Electronics is recruiting massively, releasing 75 positions with a starting salary of over 34,000 NT dollars. Yulon Motors is seeking individuals passionate about car manufacturing to work on vehicle exterior and interior design development, vehicle parts quality analysis, and improvement. Both companies offer employee dormitories with air conditioning, and some vacancies include free shuttle services for easy commuting for Miaoli residents. Zhang Jieru, Director of the Miaoli Employment Center, stated that the Ministry of Labor is promoting the re-entry of women who left work for family reasons for more than 6 months, individuals aged 55 and above, and those aged 45 and above who have legally retired, back into the job market through projects like the 'Women's Re-Employment Plan' and the 'Reward Incentive for the Elderly in the Workplace'. Qualified individuals referred by public employment service agencies who complete independent training and work steadily for at least 3 months can receive up to 60,000 NT dollars in reward. For more information, visit the Taiwan Jobs Portal, the Department of Labor Taoyuan-Hsinchu-Miaoli Division, or the JobTaole Facebook fan page for inquiries.
Source: YAHOO
Reported 9 months ago
Taipei International Food Show, held from June 26 to 29, featured a total of 22 countries setting up national pavilions, with a record-breaking scale. Noteworthy participants included Spain, the European Oil Quality Assessment Association, and the Czech Pavilion showcasing high-quality chocolates, grains, and unique local products. The event also saw a surge in interest from Japanese exhibitors, particularly from Kumamoto, reflecting the growing 'Taiwan Fever' in the region due to investments like TSMC's in Japan.
Source: YAHOO
Reported 9 months ago
Starting from July 9th, OpenAI, the developer of ChatGPT, will withdraw its API services from mainland China. In response, several Chinese AI companies like Baidu AI Cloud, Alibaba Cloud, and others have introduced relocation promotions to attract users to switch to domestic large model services. This move is seen as an opportunity for Chinese AI companies to accelerate their independent research and development and for startups to deploy domestic large models, potentially avoiding future risks.
Source: YAHOO
Reported 9 months ago
In a shareholders' meeting held by New Guard on June 26, 2024, they approved a cash dividend of 2 yuan per share, showcasing their focus on electronic security and smart cities as key areas for long-term development. The Chairman, Wu Xindong, emphasized the use of AI collaboration to drive business operations and achieve growth targets. New Guard reported a 12.4% compound annual growth rate in smart city business revenue over the past three years, and aims to expand into various fields such as smart healthcare and disaster management with the help of AI technology. The company also plans to promote smart medical care through partnerships and the use of 5G and AIoT technologies.
Source: YAHOO
Reported 9 months ago
Author Liu Tingyu reports on June 26, 2024, that since the decline from the peak on June 20, where the Taiwan stock market also dropped nearly 900 points from its high of 23,400, trading volume for the week reached 2.7 trillion, the highest since 2022. Analyzing the follow-up of the Taiwan stock market by Huida, the focus is on small and medium stocks as their stable chip conditions are less influenced by the market environment. With the volatility in international stock markets, the stability of small and medium stock chips becomes a concern for the future. Stock turnover rate is another crucial factor for investment decisions, with higher turnover rates potentially increasing volatility. Despite this, low turnover rates can contribute to price stability amidst market fluctuations. It is advised to consider various factors beyond just stock turnover rates, such as the overall market conditions and fundamental analysis.
Source: YAHOO
Reported 9 months ago
Chinese System Integration Company actively engages in various charity activities to give back to society, recently initiating a donation drive to provide essential items to families in need through Mustard Seed Mission. With the company staff's participation, 50 boxes of donated goods were prepared and distributed to underprivileged families. In addition to material donations, the company's IT personnel refurbished old laptops to enhance digital learning environments for children and bridge the urban-rural digital gap, emphasizing environmental sustainability and corporate social responsibility. The company aims to continue supporting community needs and spreading love and warmth through practical actions.
Source: YAHOO
Reported 9 months ago
China Steel Corporation (CSC) announced a significant increase in their pre-tax earnings for the first five months, reaching 28.17 billion NT dollars, a 63.97% surge compared to the same period last year. This boost was attributed to rising steel sales prices, increased gross margins per unit, benefits from project contract changes, allocation of dividends from mining investments, favorable foreign exchange gains, and improved overall performance. The company remains optimistic about the steel market for the second half of the year and sees a better year overall compared to the previous year.
Source: YAHOO
Reported 9 months ago
美国联邦储备理事库克（Lisa Cook）表示，她看好人工智能（AI）技术对生产力增长的关键作用，并预期美国通胀趋缓将打开降息之门。虽然库克认为美国通胀将持续下降，但她也警告称事态可能不会如此发展，密切监测通胀预期升温迹象，可能会导致联邦储备继续观望或直至劳动市场更进一步放缓才会调整利率。
Source: YAHOO
Reported 9 months ago
中華紙漿（1905）在2024年6月26日的股東會中宣布今年營運有望逐季反彈，受到大環境復甦的帶動。公司積極用AI技術驅動營運最佳化，並持續研發高附加價值產品，拓展國際客戶市場。華紙今年首季已轉虧為盈，前五個月營收近90億元，呈現倒吃甘蔗趨勢，預計在下半年逐季成長。
Source: YAHOO
Reported 9 months ago
Chen Jianyu/ Reported from Kaohsiung on June 26, 2024, at 4:10 PM, Chung Hung (2014) held a shareholders' meeting where the company expressed optimism about steel prices gradually returning to normal in major regions (Europe, America, Asia) due to factors like high raw material costs, increased terminal restocking activities, strengthening price intentions from European and American steel plants, improved market conditions with reduced disruptions from low-priced sources, and government actions in China. Despite a decrease in production volume, Chung Hung saw an increase in sales volume last year and turned a profit with net earnings after tax of 159 million NT dollars and EPS of 0.11 NT dollars. The company expects a positive steel market outlook in the second half of this year and anticipates a global steel demand rebound of 1.7% to 1.793 billion tons this year and a further growth of 1.2% to 1.815 billion tons next year, supported by monetary easing and economic policies in China promoting stability and recovery in steel demand in Asia.
Source: YAHOO
Reported 9 months ago
At the Taipei International Food Expo on June 26, 2024, Malaysia showcased a variety of halal food products, highlighting the potential for Taiwan and Malaysia to cooperate in tapping into the lucrative halal food market worth billions of USD. With Malaysia leading in the global halal economy and Taiwan's expertise in the food industry, the two countries are exploring opportunities for collaboration. Malaysia plans to support Taiwan manufacturers in sourcing halal ingredients to create a more Muslim-friendly environment, considering the significant growth projections in the global halal industry until 2030.
Source: YAHOO
Reported 9 months ago
Due to the central bank's interest rate hike in March and the aggressive issuance of subordinated bonds by life insurers, the issuance of general corporate bonds in the first half of the year dropped below 300 billion NTD to 299.29 billion NTD, a decrease of 17.1% compared to the same period last year. Despite a rise in overall corporate bond issuance during this period, excluding subordinated bonds, the issuance of general corporate bonds saw a significant decline. The market is reacting to expectations of further interest rate hikes, leading to a preference for higher rates, especially in light of attractive rates offered by subordinated bonds issued by life insurers.
Source: YAHOO
Reported 9 months ago
In a report on June 26, 2024, Trades Union-KY achieved success in seizing AI business opportunities, as its Busbar connectors passed NVIDIA certification. Analysts are optimistic about Trades Union-KY's customized products, semiconductor equipment, and HPC sectors showing strong growth this year. Meanwhile, Sane Scepter * is benefiting from stable project orders in Mainland China and Southeast Asia, with prospects for significant growth in 2025. Investment advisors are recommending buying positions for Sane Scepter * as its semiconductor business drives growth in the cleanroom sector. Both stocks attracted strong buying interest and played crucial roles in the market's bullish trend.
Source: YAHOO
Reported 9 months ago
In recent years, the overall engineering insurance market has seen significant growth, mainly driven by green energy investments. However, insurers are hesitant to cover offshore wind power projects due to their large coverage amounts and complex risks, relying more on the international reinsurance market. The major property insurers in Taiwan have shown more willingness to take on these risks. The article discusses the growth in engineering insurance premiums, particularly in the offshore wind power sector, and the challenges and strategies involved in insuring these projects.
Source: YAHOO
Reported 9 months ago
In response to the expanded US sanctions against Russia, Chinese banks operating in Russia, including the Bank of China, have begun halting Renminbi payment services. The US Treasury Department and State Department announced over 300 new sanctions targeting financial institutions engaged in transactions with Russian entities; any foreign financial institution trading with Russia is deemed to be collaborating with Russian military industries and risk being removed from the SWIFT international settlement system. This move by the Bank of China's Russia branch reflects concerns about potential US sanctions affecting banks aiding Russian activities.
Source: YAHOO
Reported 9 months ago
Yujie Technology (6928) is expanding its satellite communication services, particularly in the US market, by offering satellite direct subscription services and ground infrastructure hosting services in collaboration with US partners. With a focus on satellite communication business growth, Yujie aims to increase its revenue share to 15% and achieve over 50% growth this year. By integrating satellite data modules and implementing Edge AI applications, Yujie is looking to drive business expansion and revenue growth with diverse momentum starting from the second half of the year.
Source: YAHOO
Reported 9 months ago
The government is set to finalize the new measures to prevent abuse of the New Youth Loans after various irregularities arose due to the scheme which aims to stimulate housing market demand. The Ministry of Finance will report on the effectiveness and optimization measures of the loans, with plans to tackle speculation and subletting activities. The decision will be made at the Executive Yuan meeting to ensure the policy continues to benefit young homebuyers while cracking down on misuse.
Source: YAHOO
Reported 9 months ago
光鼎生技於股東會上宣布配發每股1.5元股利及改選董事，董事長蔡守冠表示將加強生物科技研究、基因檢測和臨床診斷等領域，去年公司合併營收2.28億元，稅後純益3,775萬元，EPS 1.42元。配發股利包含現金0.2元和股票1.3元，除權後公司股本將擴增至3.01億元，有益公司業務發展和上市櫃目標。公司將著重集團化發展，透過母子公司合作創造更多價值。
Source: YAHOO
Reported 9 months ago
In an effort to expand its overseas presence, Wangdao Bank has set its sights on opening branches in Australia, specifically in Sydney, and in Singapore. The bank's chairman, Joanna Lo, mentioned that the Sydney office has received approval from the Financial Supervisory Commission and is expected to obtain local regulatory approval by the end of the year. Additionally, the bank is exploring the establishment of a venture capital subsidiary in Singapore, with communication with regulatory authorities ongoing. Wangdao Bank has also launched a carbon-reducing transportation card and expressed optimism for the economy in the coming months, particularly in relation to AI advancements and the establishment of major data centers in Taiwan.
Source: YAHOO
Reported 9 months ago
On June 26, 2024, a well-known century-old bakery, Yuzhenzhai, in Lukang, Changhua, was hit by a sedan, causing significant damage to the storefront, with glass windows collapsing, pastries scattered, and two people, including the driver and a customer, lightly injured. Huatai Property Insurance suggested that car owners can opt for 'excess third party liability insurance' to transfer the burden of high compensation in case of accidents, providing peace of mind while driving. With over 402,000 road traffic accidents reported in Taiwan in 112, which is an increase from the previous year, investing in this type of insurance can be beneficial for covering extensive damages.
Source: YAHOO
Reported 9 months ago
On June 26, 2024, the Times Higher Education (THE) released the latest World University Impact Rankings based on the UN's 17 Sustainable Development Goals. NCHU significantly climbed to rank 201-300 globally and tied for eighth in Taiwan. The university excelled in various aspects of sustainability, with five SDGs ranking 101-200 globally. Notably, NCHU pioneered Taiwan's only national-level food safety testing platform and established the country's first veterinary school while actively participating in international animal welfare and rescue missions.
Source: YAHOO
Reported 9 months ago
Apple is reportedly looking to automate more iPhone assembly lines and is planning to reduce its workforce by about 50% in the coming years. This move could change the global consumer electronics industry, allowing Apple to shift more business from China to countries like Vietnam, India, and even back to the United States. The company aims to automate iPhone production processes, yet faces challenges with the increasing complexity of iPhone designs. Despite setbacks, Apple is acquiring companies like DarwinAI and Drishti to enhance automation capabilities in assembly plants.
Source: YAHOO
Reported 9 months ago
To promote a people-oriented transportation environment, the Hsinchu County government secured funding for 12 projects totaling NT$180,209,000 as part of the 'Sustainable Enhancement of Pedestrian Safety Program' competitive grant initiative by the Department of Land Administration, Ministry of the Interior. The projects aim to improve pedestrian environments, create age-friendly demonstration areas, enhance school surroundings, and expand collision diagram analysis systems. The funding will be allocated for various improvements across different regions in the county.
Source: YAHOO
Reported 9 months ago
LITE-ON is seizing AI business opportunities by offering integrated AI solutions including high-performance computing/AI servers and workstations, expecting a recovery in performance in the second half of the year. With achievements in smart healthcare, Chairman Lu Kunshan foresees a significant increase in this sector and aims for turnaround and profitability, planning for the independent development and IPO of its medical biotechnology business in two years. Despite challenges in the Chinese AI server market due to the US ban on high-end AI chips, projects like the NVIDIA special H20 series and closing AI server projects in the second half of the year are anticipated to boost LITE-ON's operational momentum. Additionally, LITE-ON's medical biotechnology business is showing promising results with innovative products like BtNPN plant nano patches, contributing to the company's goal of expanding its healthcare management opportunities domestically and internationally.
Source: YAHOO