Reported about 1 year ago
In May, the New Taiwan Dollar increased by 1.22 cents or 0.37%, marking its first monthly gain this year. However, the Nominal Effective Exchange Rate (NEER) and Real Effective Exchange Rate (REER) both decreased to 100.64 and 104.34 respectively, hitting near nine-month and near two-month lows as reported by the Taipei Foreign Exchange Market Development Foundation. While the New Taiwan Dollar rebounded, its effective exchange rates dropped due to corrections in the stock market, potentially boosting Taiwan's export price competitiveness. Despite the New Taiwan Dollar outperforming currencies like the Japanese Yen and Chinese Yuan, it lagged behind the Australian Dollar, British Pound, Euro, and Swiss Franc leading to the reduction in NEER and REER metrics.
Source: YAHOO
Reported about 1 year ago
In response to the market demand for emphasizing the aesthetic appeal of precision machinery and tools for processing various parts, Jabez, a well-known control box manufacturer in Taiwan, has launched a series of new European standard combination type electronic control boxes including stainless steel and inclined piano-style varieties, ultra-thin aesthetic streamlined control boxes, and the TEKNOKOL Support Arm system and control panel from Turkey applied in various industries like tooling machines, industrial machinery, semiconductors, medical technology, and AI automation equipment made of aluminum alloys. The company's products aim to enhance both functionality and visual appeal, catering to the evolving needs of the industry.
Source: YAHOO
Reported about 1 year ago
Following a surge in the construction stock index, cash dividend rates remain strong, with names such as Mingxuan and Yongxin Jian surpassing 5%, dominating the market. With the upcoming ex-dividend season, construction stocks continue to perform well. Mingxuan and Yongxin Jian currently have the highest cash dividend rates at 5.47% and 5.36% respectively. Mingxuan has seen significant growth in revenue and net profit, particularly due to key projects like Mingxuan SeaJoy Land in Tamsui and the Forest of Kings in Taoyuan. Meanwhile, Yongxin Jian maintains its position as the 'stock king' with strong financial performance and a cash dividend rate of 4.86%.
Source: YAHOO
Reported about 1 year ago
Quon Increase Precision, a fiber laser processing equipment dealer, has introduced the eco-friendly EKO fully electric folding machine, emphasizing its 80% energy savings, high precision, efficiency, and stability. The company aims to gradually replace traditional high-power hydraulic folding machines in response to the increasing electricity prices. The shift towards energy-efficient equipment in the metal laser processing industry corresponds to the era of reduced carbon emissions and higher electricity costs.
Source: YAHOO
Reported about 1 year ago
According to statistics as of April, new Ching An accounted for 40% of the monthly housing loans newly undertaken by government-owned banks, significantly increasing from around 10% before its launch. This new program has prominently impacted the banks in the housing loan sector, with an average monthly growth rate of 1.5%-2.5% in loan balance until May compared to a substantial growth of 12%-20% last year. The housing loan balances for seven government-owned banks showed a positive trend, suggesting a growing importance of the new Ching An program for such banks.
Source: YAHOO
Reported about 1 year ago
In response to the past three years of the pandemic, which forced Taiwan's export-oriented OEM equipment manufacturers to undergo digital transformation to enhance competitiveness, American company Rockwell Automation's Taiwanese agent, Groupware International, is assisting the equipment manufacturing industry in realizing the value of digital transformation through smart mechanical solution. By leveraging Rockwell's smart technologies and solutions, Groupware has helped industrial clients improve efficiency in design, development, and debugging processes, reduce costs, and provide smart and flexible equipment to meet various customer demands, thereby offering differentiated value. Groupware emphasizes that digital tools and modern machine manufacturing solutions can simplify the entire lifecycle from design to debugging, providing differentiated value to customers and achieving diversified income sources. Amid the wave of innovative applications, Groupware has launched the OptixPanel HMI, featuring three key advantages: Scalability, Modularity, and Extensibility, to promote smart manufacturing cost-effectively. For more information on Rockwell Automation's smart solutions, please contact the respective regions for specialized services at Taoyuan (03) 356-3822, Taichung (04) 2335-7507, Kaohsiung (07) 222-6009, and visit Groupware's official website at www.transwell-int.com.tw.
Source: YAHOO
Reported about 1 year ago
According to EPFR Global statistics, European bonds have been oversubscribed for over 30 weeks, ranking first among all types of bonds due to market expectations of the European Central Bank initiating rate cuts in June. Strong demand for high yield bonds continues. Several financial institutions suggest that high-quality non-investment grade bonds are worth considering as major central banks are expected to cut rates this year, although the timing and extent of these cuts remain uncertain. Investing in non-investment grade bonds globally may offer more profit opportunities
Source: YAHOO
Reported about 1 year ago
JRCASE TECHNOLOGY CO., LTD., a well-known in the industry for providing vacuum pumps and ultrasonic cleaning equipment, focuses on cleaning and maintaining various process pipelines. The company has seen a substantial increase in business due to the critical role of maintaining process pipelines for production output. They emphasize the importance of selecting high-quality process equipment to reduce manufacturing costs. Jing Yang aims to assist manufacturing companies in lowering operating costs through their offered process equipment, exhibiting at trade shows, and expanding their business scope. Their products, including European and American oil-type vacuum pump sales and maintenance, and ultrasonic cleaning equipment, cater to specific industrial needs, improving product quality and efficiency while reducing fuel consumption and pollutants.
Source: YAHOO
Reported about 1 year ago
On June 10, 2024, Sun Binxun reports from Taipei that the US PCE seasonally adjusted year-on-year growth rate in April was 2.65%, with a monthly increase of 0.26%, returning to a gradual track. Non-farm payrolls surged in May, indicating strong employment. Fund institutions suggest that now is a good time to lower risks through diversified asset allocation, offering opportunities for decent returns. Various fund research teams recommend balanced fund portfolios to manage risks and seize investment opportunities during economic growth. They also advise on timely adjustments and gradual increases in stock holdings to capitalize on strong industries or sectors with clear long-term trends, contributing to diversified asset growth.
Source: YAHOO
Reported about 1 year ago
Kan Bang Culture Co., Ltd., a tech company focusing on the out-of-home digital media market, offers clients solutions for in-store physical marketing by developing out-of-home programmatic integrated digital signage. Its main products include 'Inventory Management Solution' and 'KBox', bridging the gap between the physical reality of out-of-home media and digital expectations. The company also assists in setting up digital signage for physical stores, covering hardware and software procurement, installation, maintenance, media production, and programmatic advertising system integration, with expertise in system integration, interactive games, image recognition, wireless detection, AI, data analysis, and distributed systems. Kan Bang Culture has successfully provided system integration and digital transformation services for various industries. 更多工商時報報導廣達將秀5G專網與AI實力中鋼內銷價 傾向開平低盤投信拚作帳 五檔最愛買
Source: YAHOO
Reported about 1 year ago
京碼股份有限公司 specializes in micro laser engraving, drilling, and cutting technologies, offering custom precision laser systems and machines, as well as laser processing services for various industries. Their technology is used in producing key components for semiconductor inspection equipment, electron microscopes, and optical encoders. They recently introduced two laser machines: a deep ultraviolet (DUV) laser machine capable of handling various materials without heat damage, and a water jet laser machine for cutting hard and brittle materials like compound semiconductors, diamonds, and sapphires.
Source: YAHOO
Reported about 1 year ago
The Taipei City Government's Department of Labor held the '2014 Taipei City Occupational Safety Award' on June 6, awarding Huanan Bank for the second consecutive year with the honor of 'Excellent Unit,' making it the only financial industry recipient this year. Huanan Bank prioritizes occupational safety and health by implementing ISO 45001:2018, Taiwan Occupational Safety and Health Management System (TOSHMS), and having occupational safety personnel in 306 units, along with various health and wellness initiatives for employees. The bank also participates in national occupational health events to strengthen safety knowledge and skills, reinforcing a commitment to a safe and sustainable work environment.
Source: YAHOO
Reported about 1 year ago
蘋果於WWDC開發者大會揭露更多AI相關細節，將搭載於iPhone 16新機上，受到花旗環球、摩根大通、高盛證券等大機構正面評價，帶動台股科技股走高，市場密切關注蘋果在AI應用的革新，預計能重新吸引市場投資目光，影響iPhone換機潮與產品升級。
Source: YAHOO
Reported about 1 year ago
Huang Yourong/Taipei reported on June 10, 2024, at 4:10 PM. Concerns rise as the Central Bank holds its meeting on the 13th, with speculations of new housing market control measures, potentially expanding the second-home loan control from six municipalities adding Hsinchu to all of Taiwan. However, officials state that if the second-home loan control expands, it won't affect new applicants for green housing loans, but it will impact those who apply for a regular loan after receiving the green housing loan. Transactions soared in May, with Kaohsiung hitting a record high of 5,194 units, while the average approved green housing loan amount in April increased significantly to 821 million NTD. The latest financial stability report raises concerns about the warming housing market, hinting at further control measures possibly being implemented during the 2nd quarter meeting on the 13th, including lowering luxury home criteria, strengthening second-home loan percentage limits in the six municipalities, and potentially extending these controls across Taiwan. Officials note that the green housing loans verify no existing residential property at the time of application, hence the second-home loan control by the Central Bank won't affect first-time homebuyers, but could affect those who intend to purchase a second property after approval. The interest subsidy provided by the new green housing loans is essential for rigid self-occupied homeowners, attracting active loan applications due to its incentives, thus attributing to the overall market warming trends driven by various factors such as economy, supply and demand, and income, not solely linked with the new green housing loans.
Source: YAHOO
Reported about 1 year ago
The Taiwan Stock Exchange recently held a forum on institutional investor corporate governance trends, showcasing the Exchange's commitment to enhancing corporate governance standards. The event aimed to encourage institutional investors to actively engage in monitoring investee companies' operations, attend shareholder meetings, and consider sustainability in decision-making processes. Taiwan's corporate governance ranking tied with Singapore for third place in Asia, indicating the country's progress in this area.
Source: YAHOO
Reported about 1 year ago
On June 10, 2024, National Development Council Chairperson Liu Ching-Ching first proposed the development of industrial holding companies during a meeting. Liu's initiative aims to assist in enterprise innovation alliances and allow industry holding companies to operate as the headquarters of industry groups by removing constraints such as unreasonable tax treatment. With support from Liu, President Lai Ching-De's goal of making Taiwan an economically leading nation is expected to be achieved. The push to resolve tax issues for industry holding companies is just the beginning, with further discussions on which government agency will oversee the sector. This move has already benefited companies like China Chemical Pharmaceutical, which has transformed into an industrial investment holding company, and Taiwan Cement, which is planning its industrial holding transformation, showcasing a significant shift towards sustainable business and a key milestone for the government.
Source: YAHOO
Reported about 1 year ago
Under the boost of the Taoyuan-Hsinchu-Miaoli Silicon Valley project, Miaoli County government is promoting the consolidation of specific areas around the Zhunan Science Park for the third time, with the initial review set on June 17 by the Ministry of the Interior's dedicated project team. The project focuses on industrial land demands and connectivity, aiming to convert 330 hectares of agricultural land into industrial-specific zones following the Silicon Valley project's guidelines, targeting the fastest land transfer by 2031.
Source: YAHOO
Reported about 1 year ago
Recent trends in the Taiwan stock market show positive performance across various sectors besides electronics, such as construction, shipping, and finance. Institutional investors recommend balanced allocation in the Taiwan stock market to capture the explosive growth potential of leading stocks in different industries. By combining industries like electronics, finance, and traditional sectors, investors can participate in the growth momentum of leading stocks while maintaining equal weights through periodic adjustments. ETFs with equal-weight mechanisms are suggested for risk-averse investors seeking asset growth. Various themes like rising power prices, post-earthquake infrastructure demands, and geopolitical tensions in the Middle East continue to evolve, providing opportunities for emerging investment themes to benefit related industries. Managers of high-dividend ETFs in Taiwan also suggest selecting stocks with both 'momentum' and 'high dividends' criteria, particularly in non-electronic sectors like finance, insurance, shipping, cement, steel, and trade. Overall, the long-term economic outlook remains positive, especially in AI-related sectors, with expectations of improved performance in the second half of the year. Short-term corrections in the Taiwan stock market may present buying opportunities, with the recommendation to prioritize high-dividend small-cap ETFs to leverage the explosive potential of these stocks.
Source: YAHOO
Reported about 1 year ago
National airlines in Taiwan collectively earned nearly 10 billion NT dollars in travel revenue in the first quarter of this year. Seven national airlines reported a profit of 6 and a loss of 1, totaling a net profit of 9.425 billion NT dollars, a 48.16% increase from last year. EVA Air and China Airlines contributed 7.811 billion NT dollars of the total profit. Despite disruptions in the airplane supply chain and shortages in the aviation industry workforce, passenger load factors have generally been higher than in 2019, signaling a gradual recovery in the aviation industry post-pandemic.
Source: YAHOO
Reported about 1 year ago
Fubon Financial Holding reaffirms its commitment to fully utilize green energy at all domestic and overseas operating locations by 2040, expanding its green energy footprint. On June 7, Fubon Life, Taipei Fubon Bank, Fubon Insurance, Fubon Securities, Fubon Asset Management, and Fubon Futures signed a total of 4.39 million kilowatt-hours in green energy procurement contracts with Star Power. This marks the first instance in Taiwan's financial industry where green energy distribution extends to outlying islands. Through various initiatives, including the integration of green energy into more locations, Fubon Financial Holding aims to reduce carbon emissions and transition towards net-zero operations.
Source: YAHOO
Reported about 1 year ago
Major Taiwanese IC design companies such as Realtek, MediaTek, and Richtek are actively investing in Wi-Fi 7 technologies to seize upcoming opportunities, as the wireless communication products are shifting towards higher specifications like Wi-Fi 7, which is expected to double its market penetration to a double-digit percentage next year. Wi-Fi 7 is set to offer 4.8 times faster transmission speeds compared to Wi-Fi 6/6E, with expanded bandwidth up to 320 MHz and the use of MLO for more efficient data transmission, potentially becoming a crucial aspect of future data transfer.
Source: YAHOO
Reported about 1 year ago
Recent economic data released by the United States showing a slowdown in economic growth and inflation has led investors to bet on a high probability of an interest rate cut in September, boosting the popularity of bond markets. There has been a significant increase in the number of investors for 8 bond ETFs in Taiwan, with the total number of beneficiaries reaching 1.62 million this year, an increase of 520,000 people. Market anticipation for a rate cut in the latter half of the year has grown, despite fluctuations like the May non-farm payroll report, with analysts estimating a high chance of a rate cut in the second half of the year amidst factors like the US presidential election at year-end.
Source: YAHOO
Reported about 1 year ago
In response to extreme weather and the challenge of energy transformation, Formosa Plastics Group has been expanding its layout of green energy such as solar, wind, and hydropower in addition to deploying cogeneration projects at the Mailiao Sixth Naphtha Cracker and Mailiao Gas-fired Power Plant. The group has also enhanced its control over hydropower resources by constructing a seawater desalination plant at Mailiao, incorporating AI for intelligent production, process optimization, quality inspection, maintenance forecasting and safety predictions, with the aim to increase annual benefits by 200 to 300 billion NT dollars. Moreover, the group has pursued solar, small hydropower, and wind power projects, established an ESG organization, and integrated various latest technologies in energy efficiency improvement, fuel transformation, energy conversion, green renewable energy development, and CO2 recycling for a sustainable future.
Source: YAHOO
Reported about 1 year ago
在COMPUTEX 2024展覽中，受輝達執行長黃仁勳的力挺，台灣主要廠商如緯穎、英業達、廣達、技嘉、華碩等一同展示GB200 NVL72整機櫃AI伺服器解決方案，預計在今年下半年開始出貨。創新的全新供銷商模式將有助於各台廠提升獲利能力，特別是輝達的H100系列AI伺服器已為供應廠商帶來營收成長。未來預期AI伺服器市場將持續成長，而輝達的GB200超級晶片也將於第三季進入量產，為整個產業鍛鍊更多的增長動能。
Source: YAHOO
Reported about 1 year ago
Despite raising interest rates by half a point at the end of May, a surge in foreign capital inflows and the bullish stock market trend led to a rebound of the New Taiwan Dollar, resulting in a 1.22% appreciation in May. However, with increased funding needs during the tax season, the Central Bank of Taiwan shifted to a looser monetary policy by providing liquidity to the market. In response to the rising short-term funding demand, the bank slightly reduced the issuance of certificates of deposit by over NT$17.27 billion in May to relax market pressures. The article highlights the bank's market operations, emphasizing the release of excess funds during peak demand periods such as the tax season.
Source: YAHOO