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  • Directory of Taiwan

Taiwan’s Fubon Financial Holding discovers employee with COVID

TAIPEI (Taiwan News) — Fubon Financial Holding Co., Ltd. said Saturday (May 15) one of its employees had been diagnosed with COVID-19, adding that he had been working inside the office and never...

Banks in Taiwan promote working from home during COVID pandemic

TAIPEI (Taiwan News) — With domestic COVID-19 transmissions rising and local governments shutting down public venues, more than 120 financial institutions are encouraging their employees to work...

Citibank to exit consumer banking in Taiwan

TAIPEI (Taiwan News) — Citigroup Inc. said Thursday (April 15) that it is planning to exit consumer banking in 13 markets across Eastern Europe and Asia, including Taiwan. As part of its glob...

Taiwan poised to license experimental outward remittance service

Two companies will soon be able to apply for formal licenses for an experimental money transfer service that they were permitted to set up in 2019 mainly to accommodate migrant workers, according to t...

Web-only LINE Bank granted operating license in Taiwan

The Financial Supervisory Commission (FSC) on Thursday (Feb. 4) issued Web-only LINE Bank an operating license to open a virtual bank in Taiwan, with plans to launch operations in the first half of th...

Taiwan futures exchange keeps wary eye on young investors amid stock boom

TAIPEI (Taiwan News) — Taiwan's futures exchange posted a record-breaking level of trading in 2020 thanks to a strong hedging demand from market participants, with up to 23 percent of new tr...

Taiwan's JCIC honors institutions for quality credit information management

TAIPEI (Taiwan News) — The Joint Credit Information Center (JCIC) awarded 39 Taiwanese financial institutions on Tuesday (Dec. 29) for good practices that have safeguarded financial stability in...

Taiwan lures foreign finance talent with relaxed criteria

TAIPEI (Taiwan News) — Taiwan has loosened the requirements for foreign nationals planning to work in the finance sector as the country seeks to repackage itself as an international financial hu...

Taiwan forms FinTech Co-Creation Platform

TAIPEI (Taiwan News) — The Financial Supervisory Commission (FSC) on Thursday (Nov. 19) launched the FinTech Co-Creation Platform to speed up the development of financial technology in the count...

Taiwan currently has 69 banks offering English services

TAIPEI (Taiwan News) — Taiwan has seen the establishment of 69 banks providing services in both Chinese and English as part of its initiative to go bilingual by 2030. Financial Supervisory Co...

Chinese investors caught illegally buying shares of Taiwan's Tatung Company

TAIPEI (Taiwan News) — The Financial Supervisory Commission (FSC) said Tuesday (Oct. 13) it has discovered that several Chinese investors illegally bought a total of NT$130 million (US$4.53 mill...

Taiwan First Bank to make all branches bilingual by 2028

TAIPEI (Taiwan News) — Taiwan's First Commercial Bank announced Friday (Sept. 11) that it was aiming to provide Chinese-English bilingual services at all 188 of its national branches by 2028...

Taiwan’s e-payment users expected to exceed 10 million in August

TAIPEI (Taiwan News) — The number of electronic payment (e-payment) users in Taiwan is expected to break the 10 million mark in August following the Financial Supervisory Commission’s (FSC...

Deutsche Securities Taipei to end operations on Aug. 18

TAIPEI (Taiwan News) — Taiwan's Financial Supervisory Commission (FSC) confirmed on Thursday (Aug. 13) that Deutsche Securities Asia Ltd.'s Taipei Branch will cease operations on Tuesday...

Taiwan’s economy is doing fine despite coronavirus pandemic: FSC

TAIPEI (Taiwan News) — Taiwan’s economy has been doing relatively fine despite the onslaught of the Wuhan coronavirus (COVID-19) pandemic, Financial Supervisory Commission (FSC) Minister H...