Reported 8 months ago
In the past two decades, the disparity in income distribution in Taiwan has worsened, leading to an increasing number of people not meeting the average salary. By comparing the statistics released by the authorities for the median salary and the new salary distribution estimation method, it is estimated that achieving an annual salary of 700,000 would place one ahead of 70% of the employed population. This estimation, released monthly, provides more timely and valuable policy insights compared to the annual median salary release.
Source: YAHOO
Reported 8 months ago
Fueled by the hot property market, leading construction stocks such as Xing Fu Fa, Huang Xiang, Hua Gu, Far Glory Construction, and Chang Hong have outperformed the Taiwan stock market this year. Shareholders' meetings have gradually released good news about the growth in performances in the second half of this year and next year, indicating a promising long-term profitability outlook. Various projects completion and turnover are expected to boost the operational momentum this year.
Source: YAHOO
Reported 8 months ago
Steel Giant Machinery and Industrial Technology Research Institute held a series of observational meetings for the 2023 Benchmarking Energy Efficiency Award, with the presence of nearly a hundred industry representatives. The event aimed to encourage industries, services, schools, and hospitals to replicate successful energy efficiency benchmark cases to promote and implement the 2050 net zero carbon emission goal. The Economic Ministry's Energy Bureau Deputy Chief mentioned strategies to achieve energy efficiency targets and emphasized the importance of companies transitioning towards digital and zero-carbon operations, citing Steel Giant's exemplary efforts in energy conservation.
Source: YAHOO
Reported 8 months ago
Authored by Li Yizhen, Guo Jingzhi, Chen Youjia, Chen Guanhao, Hou Xiang. This video not only documents a social experiment but also showcases the harmonious coexistence between culture and environmental protection. It encourages viewers to contemplate the balance between tradition and modernity, and explore how to contribute to the future of the Earth while maintaining faith. In the end, the three protagonists pledge together: 'Environmental Ancestral Worship, Ensuring Safety, and Health,' symbolizing the integration of new and old concepts, as well as a way to balance faith and environmental protection.
Source: YAHOO
Reported 8 months ago
NVIDIA's AI Computing Center in Kaohsiung Software Park has led to increased land value for companies like Eastern Cement and ZhongWei nearby, seen as 'NVIDIA's neighbor concept stocks'. The land prices rising, development benefits expected, and potential stock performance boosts for both companies are anticipated. Eastern Cement plans to lease land to Costco for a store and gas station, while co-developing a mall with Wonmeal International. Concerns arise regarding the impact of Costco's gas station on area traffic, with ongoing assessment needed. The area's development is crucial with NVIDIA and Foxconn's collaboration on the AI Computing Center nearby, making the establishment of features like the Costco gas station significant for the region's energy.
Source: YAHOO
Reported 8 months ago
NVIDIA's shareholders meeting is set to take place on June 26, where CEO Jensen Huang will outline strategies for automotive and smart manufacturing following their global leadership in AI server chips. The application of AI will officially extend to automotive and manufacturing, benefiting companies like TSMC, MediaTek, Delta Electronics, Wistron, and Quanta. NVIDIA is actively pursuing opportunities in the automotive market with collaborations with various industry leaders and showcasing advancements in AI technologies for driving experiences. Their efforts in smart manufacturing involve utilizing generative AI and accelerated computing to simulate complex manufacturing environments, as well as introducing the Omniverse platform for virtual product integration and factory design improvements. NVIDIA's partnerships with industry players like Ansys, Cadence, Siemens, and Microsoft Azure demonstrate their commitment to advancing AI and digital twin technologies for revolutionizing manufacturing processes worldwide.
Source: YAHOO
Reported 8 months ago
In a recent article by Wu Junyi, it discusses the increasing focus on Scope 3 carbon data disclosure and regulatory requirements, with international indicators emphasizing the need for more transparent performance data and current status descriptions from companies. To address this, the Industrial Technology Research Institute's Net Zero Sustainability School has launched an exclusive course covering three main themes: foundational knowledge, practical exercises, and response strategies. The course, conducted by experts from the institute's Green Energy Department, includes both in-person sessions and digital self-learning modules to help participants grasp key aspects of Scope 3 emissions and practical applications of sustainability carbon management platforms to assist in carbon emission management, identifying carbon hotspots, and strengthening supply chain value chain alignment.
Source: YAHOO
Reported 8 months ago
Written by Li Yizhen, Guo Jingzhi, Chen Youjia, Chen Guanhao, Hou Xiang, June 23, 2024, 4:10 PM. Trust and assurance are the reasons consumers trust a company. Over the past thirty years, Amo Cake has weathered all food safety storms, demonstrating their commitment to hygiene, product quality, and responsibility to consumer health. The ESG concept is fully embodied at Amo Cake, focusing on sustainability, promoting small-scale farmers' development, and genuine care for the environment and the world's future. This trend over the past decade has influenced consumers globally, making both consumers and the planet at ease. Perhaps this is the reason for eating cake.
Source: YAHOO
Reported 8 months ago
According to Chinatrust Bank's investment outlook for the second half of 2024, they foresee continued growth in corporate profits adding momentum to the stock market. They are optimistic about Taiwan and South Korea, which have a high composition of semiconductor components, as well as India benefiting from the 'China+1' strategy. The bank also highlights the importance of monitoring global economic recovery, manufacturing industry expansion, and potential risks such as the US election and geopolitical issues for the latter half of the year.
Source: YAHOO
Reported 8 months ago
Due to inventory adjustments in the European market, touch panel manufacturer Fu Ching Tang (3623) had a 26.36% decrease in revenue in the first five months of 2024. In response to rising material prices, the company plans to increase the prices of resistive touch panels by 20%-50%. With new orders in the second half, they are expected to turn losses into profits. The company also introduced price adjustments and new products, focusing on improving profitability and revenue growth in the coming months.
Source: YAHOO
Reported 8 months ago
On June 23, 2024, at 4:10 PM, Taipei Caesar Park Hotel combined its ESG concept with green travel, showcasing the hotel's emphasis on social responsibility and environmental sustainability. Inspired by the last trip of a departing couple, the concept aimed to overturn the negative perception of farewells and promote the idea that every stage of life can be made beautiful through travel and environmental protection, leading to the message 'Travel Makes the World Better.' Deputy Marketing and PR Manager Chiu Pei-fang of Taipei Caesar Park Hotel expressed the hotel's dedication to eco-friendly travel and green sustainability, highlighting initiatives like water resource recycling and reduction in disposable item usage to minimize carbon footprint. The hotel's participation in the ESG video competition showcases its commitment to ESG education and sustainability efforts.
Source: YAHOO
Reported 8 months ago
In an interview on June 23, 2024, at 4:10 pm, Chairman Wang Jiahuang of VisEra emphasized the company's focus on technological superiority and global expansion to adapt to the changing semiconductor supply chain globally and the rise of mainland Chinese factories. Wang stated that VisEra, with its advanced technology, is strategically positioned to address the increasing demand for testing interfaces in China, where the semiconductor industry is progressing from upstream IC design to packaging and testing. Despite mainland China lacking access to advanced semiconductor equipment, Chinese factories have been utilizing intermediate processes to gradually advance to higher-level chip production. VisEra maintains a competitive edge with its focus on high-end technology and advanced processes, and continues to cooperate with high-tier logic chip customers in China. Through its quick delivery services and global layout, VisEra ensures customer satisfaction and stays ahead in the ever-changing semiconductor market landscape.
Source: YAHOO
Reported 8 months ago
Due to the impact of industries such as technology, real estate, and tutoring reducing recruitment, college graduates in China are facing an increasingly challenging job market. As of mid-April, over half of college graduates had not secured employment. Only 47.8% of graduates received job offers, a decrease of 2.6 percentage points from the same period in 2023. Factors such as increased government regulation in various industries have contributed to the decline in job opportunities for graduates. The demand for stable jobs in state-owned enterprises is increasing, while interest in private enterprises is waning among graduates.
Source: YAHOO
Reported 8 months ago
According to Paulsen Perspectives, an investment strategy team, Walmart's signal for a recession, developed by Jim Paulsen, has successfully predicted two economic downturns in the past. Although the signal has risen to its highest level since 2020, it indicates a soft landing for the US economy rather than a recession. Walmart's signal compares Walmart stock prices with the S&P Global Luxury Index to track changes in consumer shopping patterns, showing that when the economy slows down and the risk of recession increases, consumers prefer cheaper goods over expensive ones. The signal has proven accurate in the past, and if it continues to rise, investors will need to start worrying about the risk of recession.
Source: YAHOO
Reported 8 months ago
Provided by Yuanta Futures analyst Kao Ping-hung and compiled by Huang Yen-hung on June 23, 2024, the afternoon statement after the June Fed meeting observed a gradual clarification of the U.S. monetary policy direction towards loosening, with an expected rate cut in September, leading to loose funds being injected into the financial market, pre-reflected in the stock market. Despite Japan's strong exports, the yen remains weak, with May exports reaching a new high since November 2022, growing by 13.5% year-on-year for the sixth consecutive month, surpassing economists' expected 12.7%. However, due to a significant increase in imports causing a trade deficit, the yen depreciation hinders export-oriented inflation from becoming consumption-oriented inflation, leading to domestic price increases. Although BOJ Governor Haruhiko Kuroda believes in an early interest rate hike due to weak consumption, the yen continues to weaken. International exchange rate fluctuations further impact stock and bond market volatility; investors interested in currency fluctuations may consider trading currency futures introduced by the Taiwan Futures Exchange.
Source: YAHOO
Reported 8 months ago
Chen Feng-Feng, General Manager of China Trust Securities Investment Advisory, analyzed the market on June 23, 2024, at 4:10 pm: With the Taiwan stock market surging steadily since February, reaching over 23,000 points in June, key tech stocks like TSMC, Foxconn, and MediaTek are leading the way. Companies issuing corporate bonds are abundant, possibly due to market positions. The recent volatility in the Taiwanese and US stock markets has been influenced by NVIDIA's AI supply chain. Investors need to watch for leverage changes in positions and market conditions to navigate current risks and opportunities.
Source: YAHOO
Reported 8 months ago
The Ministry of Commerce in Mainland China has canceled 134 items from the ECFA early harvest list that enjoyed zero tariffs, affecting Taiwanese tool machinery and component industries. In response, companies like Eastern United, Yujia Group, Taichung Precision Machinery, Yongjin, Cheng Tai Group, Gaofeng, Longzetech, and Shangyin, who have factories in China, are speeding up their investments. This move is due to the potential market opportunities post-recovery. The impact includes vertical CNC lathes, horizontal CNC lathes, CNC surface grinders, closed-die forging machines, and workholding fixtures and components for metal cutting. Companies are adjusting their production strategies and looking to shift certain products to their factories in China.
Source: YAHOO
Reported 8 months ago
In the highly competitive real estate market, companies are adopting innovative marketing strategies to attract buyers and boost sales. For example, companies like Le Yang Real Estate are collaborating with trendy brands like Ten Thousand Coffee from New York and promoting new housing projects like 'Wenxin O'live' near the subway. By focusing on generating buzz and public interest through events like concerts, celebrity endorsements, art exhibitions, and unique collaborations, these companies are able to increase demand and create a unique selling proposition in the market.
Source: YAHOO
Reported 8 months ago
On June 23, 2024, at 4:10 PM, the chairman of the Stock Exchange Lin Xiuming will personally hold a press conference titled 'Strengthening the Value of Taiwan's Capital Market and Enhancing International Competitiveness,' attracting considerable market attention. Despite the overall growth of the Taiwan stock market, there are still undervalued stocks, emphasizing the importance of fundamental analysis. The Stock Exchange aims to improve corporate governance and sustainability disclosures to enhance company value and investor confidence, as well as collaborate with international institutions to promote high-quality enterprises globally. This strategic focus seeks to attract more investment, invigorate market liquidity, and enlarge the market scale.
Source: YAHOO
Reported 8 months ago
The first 'Young and Environmental-Friendly ESG Campus Film Competition for Sustainable Businesses' awards ceremony took place on June 20, 2024, with two gold, silver, and bronze awards each, nine top-quality awards, twelve honorable mentions, five internet popularity awards, and two best promoting schools. A total of 236 teams with 2,124 student and teacher video teams participated, showcasing ESG concepts and values creatively. The key to winning was highlighted as having an eye-catching start to grab the judges' attention. The judges were impressed by the professional standards of the winning films and encouraged continued creativity and effort in expressing deeper insights and values through innovative approaches.
Source: YAHOO
Reported 8 months ago
The Taiwan Machinery Association estimates that the annual export value of Taiwan's machinery equipment will decrease by 110-140 million US dollars due to China's suspension of 134 items from the ECFA early harvest list starting from June 15, 2024. This will result in a 4%-5% decline in market share in China. The industry suggests that the government should offer individual guidance or subsidy resources to companies affected by the change, especially those in power transmission and hydraulic components manufacturing sectors facing increased export competition pressure. The industry is also impacted by significant currency devaluation compared to neighboring countries like Japan and South Korea, urging the government to align the depreciation of the New Taiwan Dollar with competing currencies and expedite Taiwan's participation in regional economic organizations like RCEP and CPTPP to mitigate the challenges. Additionally, they recommend expanding both overseas exports and domestic market demand, offering incentives to upgrade manufacturing equipment for energy efficiency. However, some manufacturers lacking government support may face closures and layoffs, creating a potential exodus from the industry.
Source: YAHOO
Reported 8 months ago
Chinese Trust Bank offers up to 5% LINE POINTS cashback for purchases made in Japan, Korea, Thailand, and Singapore with the LINE Pay credit card, while Agoda co-branded card offers up to 7% A-gold cashback in Japan and Korea. Taiwan Cooperative Bank's FlyGo card provides up to 5% cashback for selected travel expenses. Other banks like Mega Bank and Cathay United Bank also offer attractive cashback incentives for overseas spending. Additionally, First Bank offers exclusive travel services for platinum cardholders, including discounts and high-value travel insurance.
Source: YAHOO
Reported 8 months ago
On June 23, 2024, the Design Department of National Taipei University of Technology achieved great success in the 2024 Golden Pin Design Award. Senior students Jiang Jiaying and Lin Shaoyu's graduation work 'Ecotrapod Innovative Breakthrough in Wave Dissipation' stood out and received the 'Golden Pin New Talent Best Design Award' and the 'Golden Pin New Talent Circular Design Special Award,' showcasing the department's excellence in environmental sustainability and innovative design fields. Their project focuses on sustainable oceans and waste recycling design, replacing or reducing the use of cement with a new type of wave dissipation product made from a recycled slurry and waste oyster shells. The innovative design features bio-porous helical surfaces for structural strength efficiency and habitats for algae, fish, and crustaceans. Collaborators such as C-Cube, Lotos, and Everplast acknowledge the students' creativity in redesigning wave dissipation blocks and ecological bricks for fish ponds, aiming to integrate circular materials into a flourishing ecological coexistence in the future.
Source: YAHOO
Reported 8 months ago
As AI-related themes continue to drive the market, Central Leasing suggests using the 'Central Leasing Mother-Child Fund Lock-In Feature' to combine thematic equity funds with stable bonds, utilizing the automatic profit-locking mechanism to overcome market fears. With AI expected to enter a 10-year growth cycle, the 'Mother-Child Fund' offers a strategic approach for trend investing. Introduced by Taiwan's first online fund platform, the feature has seen a 94% success rate for contracts held over 360 days, demonstrating its effectiveness. The platform now offers six major thematic trend mother-child funds, focusing on various sectors such as AI, biotech, and sustainability, aiding investors in seizing market opportunities.
Source: YAHOO
Reported 8 months ago
The Taiwan stock market halted its three-day rally on June 21, closing at 23,253.39 points. Despite the short-term excess, a moderate correction is seen as beneficial for the continuation of the bullish trend. Fifteen stocks, including Evergreen Marine (2618) and AU Optronics (3481), showed opening lows and received increased holdings from major institutions on the 21st. With positive technical indicators like the KD index and successful turnover of bullish chips, buying interest is evident and stock prices are expected to strengthen. Various experts suggest that recent market movements are normal and advise monitoring sectors for any diverging strengths. Several stocks like Evergreen Marine, AU Optronics, MediaTek, China Airlines, and TSMC closed higher on the 21st and received increased buying demand from major institutions, positioning them well in the market.
Source: YAHOO