Reported about 1 year ago
After switching visa systems in April, Sri Lanka faced backlash as the visa fee for incoming travelers doubled to $100, but has now been capped at $50 to calm the controversy and support tourism. The increase was due to switching from the old Electronic Travel Authorization (ETA) system to VFS Global's visa system. Despite criticism over complicated procedures and fees, the government hopes this decision will aid in the growth of the tourism industry, which has been striving to recover from pandemic and economic crises.
Source: YAHOO
Reported about 1 year ago
As AI technology advances, more banks, including private banks like Far Eastern International Bank and public banks like First Bank, in Taiwan are starting to adopt AI technology in their recruitment processes, with the aim of improving efficiency and accuracy. The AI system helps with resume screening, collecting candidate responses, conducting preliminary assessments, and analyzing personality traits through various AI techniques. While some public banks have not yet implemented AI interviews, they are closely monitoring the effectiveness of AI technology in the recruitment process, considering factors like candidate experience and fit. The use of AI technology supplements the traditional interview process by assisting in candidate selection based on abilities and personality traits observed through AI analysis, ultimately enhancing recruitment accuracy and reducing turnover rates, with the potential of expanding to more job positions in the future.
Source: YAHOO
Reported about 1 year ago
According to the statistics of the central bank, the annual growth rate of mortgage balances for state-owned banks has exceeded 9% in April 2024. However, following the introduction of the New Qing An mortgage last August, the proportion of non-state-owned banks in the monthly increase in mortgage balances has dropped significantly from over 70% to 30%. Private banks are facing obstacles in their mortgage business, with public banks dominating the increase in mortgage balances since November last year, surpassing 65% for six consecutive months, with private banks accounting for less than 35% during the same period.
Source: YAHOO
Reported about 1 year ago
On June 23, 2024, at 4:10 PM, Kia's Taiwan distributor Sanyang Kia's Marketing Vice President Lee Chia-yi mentioned that this year marks Sanyang Kia's tenth anniversary in Taiwan, focusing on sustainable future commitments in brand and business operations. The ESG event holds significant value and meaning, aligning with their focus on expanding electric vehicles and overall corporate values. Each young student represents Taiwan's future growth, emphasizing the hope for more participation in ESG activities to inspire and bring them greater value.
Source: YAHOO
Reported about 1 year ago
Taiwanese company Foxconn's business operations have been gradually warming up this year with an expected improvement in the second quarter compared to the first. Analysts predict a noticeable rebound in market demand in the second half of the year, which is likely to further boost Foxconn's performance in the third quarter, resulting in significantly better performance in the second half of the year. The company's focus on AI technologies in the semiconductor packaging industry is seen as a key factor in its favorable outlook, with expectations of increased revenue from AI-related services in the coming years.
Source: YAHOO
Reported about 1 year ago
On June 23, 2024, at 4:10 PM, authors Li Yizhen, Guo Jingzhi, Chen Youjia, Chen Guanhao, and Hou Xiang expressed hopes for increased environmental awareness, encouraging more to become environmental warriors and protect our planet. This partnership aims to promote environmental consciousness together. For more business news, refer to the report on the 2022 tax reform, highlighting the comprehensive income tax, adjustments to interest rates on third-party mortgages for luxury homes, and estimates of a 3% decrease in TV panel shipments next year.
Source: YAHOO
Reported about 1 year ago
An editorial on June 23, 2024, suggests adjusting tax exemptions and innovation subsidies to Taiwan's software and IC design industry for fairer policies, which will not only benefit the industry's software value-added sector but also bolster the national economy with a more diverse foundation. Despite Taiwan's impressive economic performance driven by the semiconductor industry, the overreliance on hardware development poses risks. However, the rise of AI presents new opportunities for software development, especially in fields like AI, PC, automotive electronics, and various industries where IC design and software value-added services are crucial. The editorial emphasizes the need to shift from focusing solely on hardware development towards also supporting software advancements for a more balanced and sustainable economic growth in Taiwan.
Source: YAHOO
Reported about 1 year ago
The Ministry of the Interior has announced that starting from July next year, all new buildings in Taiwan must apply for green building volume incentives and obtain building energy efficiency certification. The government is also considering carbon reduction measures for existing buildings, prioritizing public existing buildings for the certification process. By 2026, the goal is to have all public new buildings achieve building energy efficiency level 1 or near-zero carbon buildings, with over 85% of existing buildings being near-zero carbon by 2050. The focus is on reducing carbon emissions in the construction process and during building usage, emphasizing the importance of energy-efficient designs and appliances for achieving net-zero buildings.
Source: YAHOO
Reported about 1 year ago
市場裡的金魚在塑料袋中看到人們浪費與汙染，反思環保議題。故事引發思考，如果金魚能再看到一次，希望看到的是人們意識到環保重要，避免使用塑料等一次性物品。透過主人帶來可循環利用的容器，金魚所見為環保行為與可持續生活風貌，呈現出人們應有的環保意識與行動。
Source: YAHOO
Reported about 1 year ago
The ongoing trend of artificial intelligence (AI) is benefiting the steel industry, with companies like Yieh Hsing in China supplying AI server components and China Steel implementing various AI technologies to reduce costs and carbon emissions. AI-related industries globally are seeing positive impacts, prompting traditional sectors to embrace AI technology. Yieh Hsing's strong business performance in China, with a 25.30% increase in sales volume and a revenue growth of 3.321 billion yuan, is attributed to AI server demand. China Steel has adopted numerous AI projects, resulting in yearly benefits of 1.55 billion yuan through efficiency improvements and emission reductions. Through initiatives like the establishment of the Intelligent Innovation Promotion Committee, China Steel aims to achieve digital optimization and develop smart steel plants by utilizing AI and IoT technology.
Source: YAHOO
Reported about 1 year ago
Xu Hongwei, the general manager of Lei Shan Bao Jing, emphasizes the concept of sustainable operation in the insurance industry and the importance of not pursuing short-term performance gains. With 23 years of experience in the industry, Xu advocates for a culture of understanding, service, and professionalism within the company, focusing on empowering field partners through a sound business system and a strong sense of company culture. By prioritizing service over management and promoting values like integrity and gratitude, Xu has helped cultivate a successful and harmonious environment within the company.
Source: YAHOO
Reported about 1 year ago
阿默企業行銷課長周星佑表示，合作活動讓他們感受到台灣年輕世代對於ESG議題的重視，不僅關注商品而且注意企業的永續理念。學生們的創意對企業來說相當重要，帶來了溝通與探討內容的新方式。以上合作讓阿默更有信心走在永續發展之路上。
Source: YAHOO
Reported about 1 year ago
A new trend in fund management is the emphasis on multiple asset classes such as stocks, bonds, and ETFs, with dynamic asset allocation features that offer stability during market fluctuations. Amid the recent surge in the Taiwan stock market, investors are turning to diversified asset funds to navigate market volatility caused by geopolitical conflicts, unexpected US inflation, and changes in Federal Reserve interest rate expectations. The shift towards multi-asset funds reflects a growing demand from investors for stable investment strategies amidst market unpredictability.
Source: YAHOO
Reported about 1 year ago
Finland and Denmark, known as the happiest countries globally, are now striving for 'net-negative emissions,' where the amount of carbon dioxide absorbed from the atmosphere exceeds the amount emitted. Finland aims to achieve net-zero emissions by 2035 and net-negative emissions by 2040, while Denmark targets net-zero by 2045 and net-negative emissions by 2050. They are part of the 'Group of Negative Emitters' alliance with Panama, focusing on cutting greenhouse gas emissions, expanding forest areas, and investing in new technologies to combat climate change.
Source: YAHOO
Reported about 1 year ago
Yuanta Securities has been recognized for the second consecutive year at the Taiwan Sustainable Investment Awards for its efforts in deepening sustainable finance, promoting sustainable development bond issuance, and actively engaging in ESG-related strategic trading, winning the bronze awards for 'Case Impact - Sustainable Bonds' and 'Case Impact - ESG Innovation.' Yuanta Investment Advisory also received the bronze award for 'Case Impact - Sustainable Theme Investment.' These awards highlight their commitment to sustainable finance and investment strategies that drive towards a sustainable future.
Source: YAHOO
Reported about 1 year ago
As the conflict between the US and Russia escalates on June 23, 2024, experts believe that the Renminbi can benefit from it, strengthening its position. A recent study from the Carnegie Russia Eurasia Center in Berlin, Germany, suggests that US sanctions on Russia will enhance the Renminbi's role in Russian foreign trade, increasing its influence in international trade. Experts predict that the US and Europe's sanctions will solidify the Renminbi as the main currency for Russian trade and payments, as it becomes more difficult for Russia to obtain Western currencies.
Source: YAHOO
Reported about 1 year ago
On June 23, 2024, at 4:10 p.m., the article discusses the importance of environmental protection and sustainable development by combining ancient scenes with modern waste to reflect on the need for sustainable development for the inheritance of future generations. The story depicts a minister presenting the Moonlight Treasure Box, a valuable artifact from a thousand years into the future, to an emperor who misuses it for deforestation to acquire plastic products. Subsequently, negative consequences such as soil erosion, floods, and unrest among the people arise, leading the minister and the emperor to realize the significance of sustainable development for societal stability for generations to come.
Source: YAHOO
Reported about 1 year ago
Various risk factors such as VIX index, US bonds, the dollar, and oil prices have decreased, giving room for interest rate cuts with cooling US inflation data supporting US and Taiwanese stock valuations for continued growth. Experts suggest using ETFs with equal-weight mechanisms for investment strategies considering the market rotations yearly with different standout industries. This year, the focus is on industries like AI, automotive electronics, cloud servers, and high-speed transmission, predicting Taiwan's IC design industry to see another surge in growth with AI technology demands rising rapidly in various sectors.
Source: YAHOO
Reported about 1 year ago
During the 10th and 37th joint meeting of directors and supervisors of the Gretai Securities Market on June 23, 2024, Han Tian Biotech Co., Ltd. (1294) and Taiwan TechChem Co., Ltd. (4772) were approved for listing. The board also passed three regulatory amendments related to the examination criteria for trading securities at securities brokerage business premises, aligning with rules on auditor-certified financial statements and director training guidelines for listed companies, as well as adding conditions for increasing the issuance quota for Taiwan depositary receipt issuers. In other news, the Commercial Times reported on Mega International Commercial Bank organizing a $250 million syndicated loan for Chochuang-KY to expand in the Asia-Pacific region, Far EasTone Telecom seeking to capitalize on the appreciation of the Renminbi, which is expected to depreciate to 6.7 yuan next year.
Source: YAHOO
Reported about 1 year ago
According to Chinese Academy of Social Sciences academic committee member Yu Yongding, in order to achieve the GDP growth target of around 5% this year, the central government in China needs to expand its bond issuance and increase fiscal deficits due to the significant shortfall in funding for infrastructure investments. Yu emphasizes the necessity to increase the issuance of government bonds to cover the extensive funding required for infrastructure development, alongside addressing issues with real estate developers' defaults and local debts, all while enhancing monetary policy support for fiscal measures.
Source: YAHOO
Reported about 1 year ago
Authored by Li Yizhen, Guo Jingzhi, Chen Youjia, Chen Guanhao, Hou Xiang. Created on June 23, 2024, at 4:10 PM, the concept of the story revolves around the legend of a mermaid kingdom, with Lilly encountering various crises and gradually uncovering the truth behind the legend, leading to a series of actions at the ocean park. The team expressed surprise and gratitude for winning the Gold Award and thanked the organizers for the opportunity. They acknowledged areas for improvement in animation production and hoped to compete again with more refined works. They thanked Professor Chen Shilun for guidance and their dedicated teammates. Aletheia University's ESG creation aimed to promote marine conservation and engage more youths in caring for Taiwan's marine ecosystems for sustainable development.
Source: YAHOO
Reported about 1 year ago
Since mid-April, the US stock market has been on the rise, but recent warnings from Wall Street investment banks indicate that this upward trend may be coming to an end. Deutsche Bank predicts a pullback in the S&P 500 index, while JPMorgan highlights decreasing short positions in US stock ETFs, signaling potential weakness in the index. Reasons cited for a possible end to the recent bull run include high exposure levels of index funds, diminishing risk tolerance in the market, and impending quiet periods for companies reporting Q2 earnings, affecting stock buyback activities and market demand. JPMorgan warns that if negative news leads to a reversal in decreasing short positions held by ETFs, the stock market could face significant downturns.
Source: YAHOO
Reported about 1 year ago
To expand telecom business opportunities, the three major telecom companies are diversifying their strategies. In addition to focusing on improving 5G penetration rates, they are also venturing into AI, cybersecurity, content, retail, and cloud computing/IDC, becoming the new battleground for the telecom giants. Collaboration in areas like AI and digital services are expanding, with each company making strategic investments and partnerships to strengthen their positions in the market.
Source: YAHOO
Reported about 1 year ago
In a recent market development, Chroma's latest model 7981 has been certified by TSMC. Analysts believe that Chroma has the opportunity to outperform foreign competitors and become one of the suppliers of advanced packaging test equipment for TSMC. Chroma's precision measurement equipment for semiconductor advanced packaging has made significant progress, with model 7981 passing certification by a semiconductor giant and expected to start shipping in the second half of the year. Chroma's advancements in the semiconductor industry, particularly in advanced packaging testing equipment, are seen as important drivers for growth in the second half of 2024.
Source: YAHOO
Reported about 1 year ago
Written by Li Yi-Zhen, Guo Jing-Zhi, Chen You-Jia, Chen Guan-Hao, and Hou Xiang. Created on June 23, 2024, at 4:10 pm. Concept: The current environment is facing a crisis just like falling ingredients, and we must bravely confront and carefully consider solutions like Amor cakes to remain resilient like the handmade Dutch aristocrat cake in the image. Description: Through slow-motion footage of falling ingredients, the artwork attracts viewers' attention and incorporates sentences to promote the unique features of Amor cakes quickly and simply. Judges' Comments: Wang Wei-Ren - High technical mastery demonstrated by students, resembling an advertisement with different foods falling on a black background, effectively conveying environmental issues, highly symbolic. Chang Yi-Fei - Showed skilled and professional creativity, simple story, clear visual presentation. Wang Zhi-Hui - Evoked a heartwarming feeling, performed quite well. Zhang Zhi-Hao - Excellent use of music, viewed as a 30-second commercial, a very good piece. Acceptance Speech: Thanking the judges for the recognition, believing this award is the best encouragement. Expressing gratitude to the guidance teacher for encouragement and support, motivating progression. Also, thanks to all partners. More on Commercial Times: Mosk BioMed receives Japanese investment; Academia Sinica: Taiwan's inflation expected to exceed 2% next year; Bright future: 5 battery materials supply chain stocks to watch.
Source: YAHOO