A total of 3,245 employees in the nation’s financial sector were told to work from home for two weeks beginning yesterday as companies took precautionary measures against the spread of COVID-19.
The move came after health authorities urged people who visited one of 11 tourist spots over the Tomb Sweeping Day long weekend to self-quarantine for 14 days, work from home if possible, wear masks and practice social distancing to avoid possible further infection.
On Sunday, some financial firms asked employees who visited the 11 sites over the four-day weekend to work from home for the next 10 working days.
Fubon Financial Holding Co (富邦金控) said 1,100 of its employees began working from home yesterday, Cathay Financial Holding Co (國泰金控) said 1,200 of its staff began teleworking, CTBC Financial Holding Co (中信金控) said 500 of its employees were working remotely and China Development Financial Holding Corp (中華開發金控) said 330 of its employees were doing so, too.
Nan Shan Life Insurance Co (南山人壽) said that 115 of its employees who visited the tourist spots, or whose family members did so, began telecommuting from yesterday.
The 11 spots were those cited by the Central Epidemic Command Center (CECC) in text messages it sent on Saturday, including Kenting (墾丁) and Hengchun Old Street (恆春老街) in Pingtung County; Dongdamen Night Market (東大門夜市) in Hualien County; Guanzihling (關子嶺) in Tainan; and the Alishan National Scenic Area.
Those working offsite would be paid normally, even those who worked in bank branches, the companies said.
“Employees at the bank branches would be required to stay at home and offer virtual assistance if needed,” CTBC Financial said in a release. “Almost all of the work can be done from home, so we are not worried that this will affect our operations.”
“For example, salespeople can introduce policies by telephone or via messaging apps,” Cathay Life Insurance Co (國泰人壽) spokesman Lin Chao-ting (林昭廷) said by telephone.
China Development Financial said it would consider punishing employees who lied about whether they had been to the tourist spots, even dismissing them.
US sports leagues rushed to get in on the multi-billion US dollar bonanza of legalized betting, but the arrest of an National Basketball Association (NBA) coach and player in two sprawling US federal investigations show the potential cost of partnering with the gambling industry. Portland Trail Blazers coach Chauncey Billups, a former Detroit Pistons star and an NBA Hall of Famer, was arrested for his alleged role in rigged illegal poker games that prosecutors say were tied to Mafia crime families. Miami Heat guard Terry Rozier was charged with manipulating his play for the benefit of bettors and former NBA player and
The DBS Foundation yesterday announced the launch of two flagship programs, “Silver Motion” and “Happier Caregiver, Healthier Seniors,” in partnership with CCILU Ltd, Hondao Senior Citizens’ Welfare Foundation and the Garden of Hope Foundation to help Taiwan face the challenges of a rapidly aging population. The foundation said it would invest S$4.91 million (US$3.8 million) over three years to foster inclusion and resilience in an aging society. “Aging may bring challenges, but it also brings opportunities. With many Asian markets rapidly becoming super-aged, the DBS Foundation is working with a regional ecosystem of like-minded partners across the private, public and people sectors
BREAKTHROUGH TECH: Powertech expects its fan-out PLP system to become mainstream, saying it can offer three-times greater production throughput Chip packaging service provider Powertech Technology Inc (力成科技) plans to more than double its capital expenditures next year to more than NT$40 billion (US$1.31 billion) as demand for its new panel-level packaging (PLP) technology, primarily used in chips for artificial intelligence (AI) applications, has greatly exceeded what it can supply. A significant portion of the budget, about US$1 billion, would be earmarked for fan-out PLP technology, Powertech told investors yesterday. Its heavy investment in fan-out PLP technology over the past 10 years is expected to bear fruit in 2027 after the technology enters volume production, it said, adding that the tech would
YEAR-END BOOST: The holiday shopping season in the US and Europe, combined with rising demand for AI applications, is expected to drive exports to a new high, the NDC said Taiwan’s business climate monitor improved last month, transitioning from steady growth for the first time in five months, as robust global demand for artificial intelligence (AI) products and new iPhone shipments boosted exports and corporate sales, the National Development Council (NDC) said yesterday. The council uses a five-color system to measure the nation’s economic state, with “green” indicating steady growth, “red” suggesting a boom and “blue” reflecting a recession. “Yellow-red” and “yellow-blue” suggest a transition to a stronger or weaker condition. The total score of the monitor’s composite index rose to 35 points from a revised 31 in August, ending a four-month