Mon, Apr 21, 2014 - Page 14 News List

Taiwan Business Quick Take

Staff writer, with CNA

FINANCE

Hua Nan to offer 400+ jobs

Hua Nan Financial Holdings Co (華南金控) on Thursday said that its subsidiaries are to offer more than 400 employment opportunities as part of the conglomerate’s overall expansion plan. Hua Nan Financial said that its banking arm, Hun Nan Commercial Bank (華南銀行), is to seek 396 new employees, while other subsidiaries such as Hun Nan Investment Trust Co (華南永昌投信), Hua Nan Asset Management Co (華南管理顧問) and HNCB Insurance Agency (華銀保險), will be looking to recruit more than 10 employees. Hua Nan Financial said that Hua Nan Bank will focus on performance rather the seniority as its criteria for promoting new workers. It added that new employees will have the chance to work at different divisions across the nation or go to overseas offices to bolster their work experience.

TRADE

Taiwan’s export ranking falls

The nation’s global ranking in merchandise exports fell two notches to 20th last year from a year earlier, according to a WTO report released on Monday last week. Last year, Taiwan’s trade in merchandise grew 1 percent year-on-year, higher than Singapore’s zero percent growth, but lower than South Korea’s 2 percent and eclipsed by Hong Kong’s 9 percent growth. The nation was leapfrogged in the rankings by Spain and India, which placed 18th and 19th respectively. In terms of merchandise imports, Taiwan’s ranking remained the same as in 2012 at 18th. In terms of commercial services exports, the nation’s global ranking dropped to 26th last year from 25th in the previous year, while its ranking in commercial services imports declined to No. 30 from No. 28 over the same period.

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