Banking institutions plan to recruit a considerable number of staff members this year as large domestic demand helps the economy recover and financial holding companies engage in fierce competition, market watchers said yesterday.
"There are now over 9,800 job opportunities in the banking industry posted on our Web site, a 64-percent increase from the same period last year, showing that banks are preparing for large-scale expansion this year," Monica Chiu (邱文仁), marketing manager at 104 Job Bank (104人力銀行), said yesterday.
The banks' demands focus on finance and investment experts -- listings that account for 60 percent of advertised positions, followed by salespeople, positions that make up 35.5 percent of the jobs, Chiu said.
The high demand for labor in comparison with the number of job applicants means that it is not difficult for job hunters to get jobs -- but Chiu said that few dreams would come true.
"We have found that over half of our applicants are applying for routine positions such as general accounting, administration, bookkeeping, data input and other tasks -- which hardly cater to the banks' requirements," Chiu said.
Sarita Hao (
As the consumer banking sector is poised to become a big money-maker, Hao said banks are now snapping up people with related backgrounds. Those whose majors are not finance-related are also welcome to apply to the company, as there will be a training program offered, Hao said.
Chinatrust Commercial Bank (
"Providing customer-oriented products and services is the key to success in the banking industry now," said Justin Chang (
To expand market share in consumer banking, Chinatrust is gradually shrinking the workforce in its regular banking section, which handles transactions such as deposits and transfers that can be processed by machines, Chang said.
Stephen Garrett, a 27-year-old graduate student, always thought he would study in China, but first the country’s restrictive COVID-19 policies made it nearly impossible and now he has other concerns. The cost is one deterrent, but Garrett is more worried about restrictions on academic freedom and the personal risk of being stranded in China. He is not alone. Only about 700 American students are studying at Chinese universities, down from a peak of nearly 25,000 a decade ago, while there are nearly 300,000 Chinese students at US schools. Some young Americans are discouraged from investing their time in China by what they see
MAJOR DROP: CEO Tim Cook, who is visiting Hanoi, pledged the firm was committed to Vietnam after its smartphone shipments declined 9.6% annually in the first quarter Apple Inc yesterday said it would increase spending on suppliers in Vietnam, a key production hub, as CEO Tim Cook arrived in the country for a two-day visit. The iPhone maker announced the news in a statement on its Web site, but gave no details of how much it would spend or where the money would go. Cook is expected to meet programmers, content creators and students during his visit, online newspaper VnExpress reported. The visit comes as US President Joe Biden’s administration seeks to ramp up Vietnam’s role in the global tech supply chain to reduce the US’ dependence on China. Images on
Taiwan Transport and Storage Corp (TTS, 台灣通運倉儲) yesterday unveiled its first electric tractor unit — manufactured by Volvo Trucks — in a ceremony in Taipei, and said the unit would soon be used to transport cement produced by Taiwan Cement Corp (TCC, 台灣水泥). Both TTS and TCC belong to TCC International Holdings Ltd (台泥國際集團). With the electric tractor unit, the Taipei-based cement firm would become the first in Taiwan to use electric vehicles to transport construction materials. TTS chairman Koo Kung-yi (辜公怡), Volvo Trucks vice president of sales and marketing Johan Selven, TCC president Roman Cheng (程耀輝) and Taikoo Motors Group
New apartments in Taiwan’s major cities are getting smaller, while old apartments are increasingly occupied by older people, many of whom live alone, government data showed. The phenomenon has to do with sharpening unaffordable property prices and an aging population, property brokers said. Apartments with one bedroom that are two years old or older have gained a noticeable presence in the nation’s six special municipalities as well as Hsinchu county and city in the past five years, Evertrust Rehouse Co (永慶房產集團) found, citing data from the government’s real-price transaction platform. In Taipei, apartments with one bedroom accounted for 19 percent of deals last