, Taiwan

Taiwanese financial holding companies to raise salaries

Companies to hike pay to up to 10% to employees who performed well.

Taiwan's financial holding companies have said that their employees will receive average pay raises of at least 3 percent this year, reflecting the financial sector's recovery from the global economic crisis.

Government-controlled financial institutions, such as First Financial Holding Co., Hua Nan Financial Holding Co. and Chang Hwa Bank, have said they will raise salaries by 2 percent to 3 percent.

The increase could be bigger if the government decides to raise the pay of civil servants after February, they added.

Their plans would provide some relief to local wage earners, who have seen their salaries stagnate over the past decade and complained in recent months that the strong economic recovery over the past year had not been reflected in their income.

Cathay Financial Holding Co., Taiwan's largest financial holding company, said its employees are likely to see a pay jump of 5 percent to 6 percent.

Shin Kong Financial Holding Co. President Victor Hsu said his company, which has not increased the base salaries of its employees in the past three years, planned to implement a full-scale pay raise in April ranging from 1 percent to 3 percent.

View the full story in Focus Taiwan.

Pembekuan pendanaan menghantam penyedia layanan BNPL

Investor semakin sedikit mengalirkan dana ke penyedia layanan BNPL yang sudah menghadapi keuntungan margin yang tipis.

HSBC: Aliansi bank-fintech merupakan win-win

Pemberi pinjaman dapat belajar dari teknologi disruptif sambil membantu mereka mematuhi regulasi.

Tokenisasi aset perdagangan untuk menjembatani kesenjangan pembiayaan

Teknologi blockchain dapat mendesentralisasikan operasi keuangan dan mempermudah akses kredit.

BCA menjalankan komitmen terhadap keuangan berkelanjutan

Bank asal Indonesia ini mempertimbangkan aspek lingkungan dan tata kelola dalam keputusan pemberian pinjaman.

Mengapa UNOBank mendorong embedded finance tumbuh di Filipina

Bagi UNOBank, banking interface terpadu adalah strategi pertumbuhan sekaligus upaya inklusi keuangan.

OCBC mencoba mengurangi kesenjangan manfaat bagi agen properti di Singapura

Produk terbarunya menawarkan manfaat finansial di bidang perbankan, asuransi, dan perdagangan.

Upaya Malaysia menjadi anggota BRICS untuk mendorong perombakan sistem perbankan

Namun, tantangan muncul ketika menjauh dari ketergantungan pada AS dan SWIFT.

Platform pembayaran PingPong memperoleh lisensi PJP di Indonesia

PingPong mengincar ekspansi ke pasar ekspor senilai $320 miliar di negara tersebut.

Merger dan penutupan mengancam 3.800 bank di area pedesaan Cina

Sekitar 70 bank di area tersebut telah merger sejak 2023.