Luxgen recruiting 300
Luxgen Motor Co (納智捷汽車), a subsidiary of the nation’s largest automaker, Yulon Motor Co (裕隆汽車), is hiring 300 staff as it expands nationwide, the Chinese-language Economic Daily News reported yesterday.
The company’s sales and service staff have tripled to 650 over the past three years, and it is taking in 300 more frontline employees before the end of the year to cope with rising demand and the opening of new outlets nationwide, the report said.
Its Chinese joint venture, Dongfeng Yulon Corp (東風裕隆), will also start selling Luxgen-branded vehicles in China later this month through 15 points-of-sales network there and has garnered pre-orders for nearly 2,000 units so far, the paper said.
Yulon Group (裕隆集團) CEO Kenneth Yen (嚴凱泰) estimated that total car sales in Taiwan this year would range between 360,000 units and 370,000 units, a more than 10 percent increase from last year.
Many want to work abroad: poll
A large majority of white-collar workers are interested in working abroad, according to an online survey released yesterday.
The 1111 Job Bank poll found that 77 percent of respondents hoped to take on overseas jobs for a variety of reasons, including to broaden their horizon (45.03 percent); brighten their career prospects (40.31 percent) and earn better pay and perks (35.34 percent).
China was the top choice cited by respondents as their most favored overseas job destination (42.41 percent), followed by the US (12.3 percent) and New Zealand/Australia (9.42 percent).
The job bank conducted the poll via e-mail from Sept. 8 to 22 and collected 1,488 valid samples. The survey had a margin of error plus or minus 2.54 percentage points.
According to the job bank’s data, 60 percent of overseas jobs offered by Taiwanese companies are in China, 27 percent in Southeast Asia and 7 percent in the US.
By industry, industrial services and manufacturing form the bulk of overseas jobs offered by the firms, the poll showed.
China plan may foster growth
Major changes in the scale of global and Chinese industries are expected following the development of “emerging strategic industries” in China’s 12th five-year plan, Liang Chi-yuan (梁啟源), chairman of the Taipei-based Chung-Hua Institution for Economic Research (中華經濟研究院), said yesterday.
Speaking at a symposium on China’s 12th five-year plan and cross-strait economic ties on Kinmen, Liang said the changes were expected to create new collaboration opportunities for industries in Taiwan and China.
This year marks the start of China’s 12th five-year plan, as well as the implementation of the “early harvest” list of the Economic Cooperation Framework Agreement (ECFA) pact signed last year.
The measures and results of China’s “domestic demand expansion” and “emerging strategic industries” over the next five years will affect not only the country’s economic growth, but also the direction of the Asia-Pacific region and global economy, Liang said.
Shin Kong books gain
Shin Kong Financial Holding Co’s (新光金控) life insurance unit booked a profit of NT$620 million from the sale of a property worth NT$1.46 billion to Fubon Life Insurance Co (富邦人壽), the Taipei-based company said in a statement to the Taiwan Stock Exchange yesterday.
NT dollar retreats further
The New Taiwan dollar fell NT$0.184 to close at NT$30.572 against the greenback on turnover of US$1.12 billion yesterday.
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GlobalWafers Co (環球晶圓), the world’s No. 3 silicon wafer supplier, yesterday said that revenue would rise moderately in the second half of this year, driven primarily by robust demand for advanced wafers used in high-bandwidth memory (HBM) chips, a key component of artificial intelligence (AI) technology. “The first quarter is the lowest point of this cycle. The second half will be better than the first for the whole semiconductor industry and for GlobalWafers,” chairwoman Doris Hsu (徐秀蘭) said during an online investors’ conference. “HBM would definitely be the key growth driver in the second half,” Hsu said. “That is our big hope
The consumer price index (CPI) last month eased to 1.95 percent, below the central bank’s 2 percent target, as food and entertainment cost increases decelerated, helped by stable egg prices, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said yesterday. The slowdown bucked predictions by policymakers and academics that inflationary pressures would build up following double-digit electricity rate hikes on April 1. “The latest CPI data came after the cost of eating out and rent grew moderately amid mixed international raw material prices,” DGBAS official Tsao Chih-hung (曹志弘) told a news conference in Taipei. The central bank in March raised interest rates by