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Apical Secures Its First Sustainability-Linked Loan Facilities of US$750 million

SINGAPORE - Media OutReach - 6 September 2021 - Apical Group, a leading agri-business processor of palm oil and member of the RGE group of companies, has secured a US$750 million sustainability-lin...

Donation methods to victims of the eastern Taiwan train derailment announced

TAIPEI (Taiwan News) — In the aftermath of the deadly Hualien train derailment, the Ministry of Health and Welfare (MOHW) posted a number of ways members of the public can donate to the victims ...

Donate to Taiwan relief fund for Hualien rail disaster

TAIPEI (Taiwan News) — The Ministry of Health and Welfare (MOHW) has set up a relief fund following the train crash near Taroko Gorge in eastern Taiwan on Friday (April 2). The incident, whic...

Taiwan banks offer new bills for Lunar New Year

TAIPEI (Taiwan News) — For Taiwanese wanting to put new banknotes in red envelopes for the upcoming Lunar New Year holiday, the country's state-owned financial institutions will provide a ba...

Taiwan’s Cathay United Bank opens branch in Myanmar

TAIPEI (Taiwan News) — Cathay United Bank opened a branch in Myanmar’s largest city, Yangon, Wednesday (Jan. 6), in a move seen as a step forward under Taiwan’s New Southbound Policy...

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's financial companies cancel year-end banquets over COVID-19 concerns

TAIPEI (Taiwan News) — A few leading financial services companies in Taiwan have decided to call off their year-end banquets (尾牙) amid fears over the continuing spread of COVID-19 around the wor...

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...

Taiwan's Mega Bank denies it gave secret loan to Trump's son-in-law

TAIPEI (Taiwan News) — Mega Bank on Wednesday (Sept. 23) dismissed an allegation by the editor for Forbes that Trump's son-in-law obtained a secret loan from the Taiwanese bank. Forbes ed...

Book alleges Trump's son-in-law obtained secret loan from Taiwan's Mega Bank

TAIPEI (Taiwan News) — According to a new book, American President Donald Trump’s son-in-law Jared Kushner was involved in a US$50 million (NT$1.45 billion) secret loan from Taiwan’s...

All banks in Taiwan to offer services in English by 2030

TAIPEI (Taiwan News) — All banks in Taiwan are set to provide both Chinese and English services by 2030 as part of the country’s bid to become a bilingual nation. Mega International Com...

Taiwan's TSMC, Largan, AUO set to give pay raises of 3% to 7%

TAIPEI (Taiwan News) — Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest contract chipmaker, is planning to give pay raises of at least 3 percent to employees by the end...

Orsted secures NT$25 billion green revolving loan in Taiwan

Orsted, a Danish energy developer, has secured a NT$25 billion (US$806 million) syndicated green revolving loan facility for its offshore wind farm projects off the coast of Changhua County, central T...

Employees in utilities industry top earners in Taiwan: DGBAS

Employees in the utilities industry are the top earners in Taiwan, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). Data compiled by the DGBAS shows that the avera...

Taiwan's Mega-Bank to cease transactions with Iran as new US sanctions go into effect

TAIPEI (Taiwan News) – In the wake of the U.S. backing out of the Iran nuclear deal, and calling for re-imposed sanctions, a major Taiwanese bank is taking the initiative to sever financial ties...