Recruitment in the food and beverage sector has shown the biggest growth in the past five year among local industries, according to statistics compiled by the 104 Job Bank (104人力銀行).
The online agency’s data showed that job openings from food and beverage operators totaled 39,428 this month, up 6.19 fold from the same period in 2009.
Openings in the food and beverage sector account for 9.3 percent of the 425,016 listings in the job bank this month, data showed.
“Openings for management associates offered by food and beverage operators would be good choices for college graduates,” Shelly Wu (吳麗雪), vice president at 104 Human Resource Consultant Corp (104人力資源顧問), told a media briefing.
These jobs offer higher salaries and better training than those of clerks in the sector, she said.
The job bank said its data indicated a total of 13,400 jobs were on offer for management associates, double that of three years ago, with about one-quarter coming from the food and beverage sector as well as from hotel operators.
The agency’s data also showed the average monthly salary for a management associate was NT$34,000, or NT$33,000 for a management associate with less than a year’s work experience.
That is higher than the average NT$23,984 starting monthly salary for Taiwanese aged between 15 and 29 years old, according to survey by the Council of Labor Affairs in October last year.
‧ Job openings in the food and beverage sector this month are up 6.19-fold from 2009.
‧ The sector accounts for 9.3 percent of the listings on 104 Job Bank’s Web site.
‧ Average monthly salaries for management associates in the sector are higher than starting salaries for many Taiwanese workers.
‘BIG LOSS’: This year might see the last generation of Huawei’s Kirin chips, as their production would stop next month because they are made using US technology Chinese tech giant Huawei Technologies Co (華為) is running out of processor chips to make smartphones due to US sanctions and would be forced to stop production of its own most advanced chips, a company executive has said, in a sign of growing damage to Huawei’s business from US pressure. Huawei, one of the biggest producers of smartphones and network equipment, is at the center of US-Chinese tension over technology and security. Washington last year cut off Huawei’s access to US components and technology, and those penalties were tightened in May, when the White House barred vendors worldwide from using US
’WHITE BOX’: The open platform would give local firms access to Cisco’s cloud-based mobile network to develop 5G telecom equipment and tap into the global market The Ministry of Economic Affairs (MOEA) yesterday introduced a new 5G “open lab” in collaboration with US-based information technology and networking giant Cisco Systems Inc to address the rapidly growing “white box” 5G networking equipment market. The open lab will be a platform where Taiwanese manufacturers can access Cisco’s cloud-based mobile network to develop their own 5G telecom equipment, such as small-cell base stations, network switches, modems and Internet of things (IoT) devices, a ministry statement said. The open platform would allow Taiwanese manufacturers to tap into the lucrative 5G telecom equipment market, which was previously monopolized by Nokia Oyj, Ericsson AB
CORPORATE SCANDAL: Cathay Life has invested NT$13.3 billion in Bank Mayapada since 2015, but the latest loss of NT$8.8 billion has completely written off its investment Cathay Life Insurance Co (國泰人壽) yesterday said it would recognize an investment loss of NT$8.8 billion (US$298.1 million) in Indonesia’s Bank Mayapada Internasional Tbk PT due to concerns about the lender’s operations amid a corporate scandal. The company said it would revise its earnings result for June, from a net profit of NT$6.52 billion to a net loss of NT$520 million, its first monthly loss over the past 17 months. After booking an investment loss of NT$5.2 billion in Bank Mayapada earlier this year, Cathay Life has so far recognized total investment losses of NT$14 billion in the lender, executive vice president
Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday reported that revenue last month expanded 25 percent annually, but fell 12.8 percent month-on-month to NT$105.96 billion (US$3.59 billion). In the first seven months of this year, the chipmaker’s revenue surged 33.6 percent to NT$727.26 billion, compared with NT$544.46 billion a year earlier. TSMC has said it aims to grow its revenue by more than 20 percent this year. The company has since May 15 stopped taking new orders from Huawei Technologies Co (華為), its second-biggest customer after Apple Inc, due to the US’ restrictions on exports containing US technologies. TSMC has no plans to