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Taipei Fubon leads first social loan in Vietnam

Taipei Fubon Commercial Bank (台北富邦銀行) and six other local banks have offered Chailease Holding Co’s (中租控股) Vietnamese subsidiary a syndicated loan of US$90 million, the first social loan in Taiwan and Vietnam whose proceeds would be used to support small business in the Southeast Asian country.
Chailease International Leasing Co Ltd (仲利國際租賃), a leading leasing service provider in Vietnam, would use the loan to provide micro-financing to Vietnam’s small and medium-sized enterprises (SME) operating in urban and suburban areas, Taipei Fubon said yesterday
The Vietnamese government last year implemented strict quarantine measures to curb the spread of COVID-19, which weighed on the ....

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Taipei lawmaker questions 'weird' seat ads on MRT

Democratic Progressive Party Taipei City Councilor Chen E-jun (陳怡君) on Saturday said she had received numerous complaints about advertisements on the seats of Taipei MRT metropolitan railway trains.
The Taipei Rapid Transit Corp (TRTC) has been putting ads on MRT seats, which ruins the aesthetic of the trains and turns them into “telephone poles pasted with random flyers,” she said, adding that many commuters told her that using seats for ad space was “weird.”
Chen questioned the efficacy of the ads, saying that as passengers would be sitting on them, they would not be visible.
“If the trains are full, nobody is going ....

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Taipei Fubon to increase investment in Line Bank

Taipei Fubon Commercial Bank’s (台北富邦銀行) board of directors yesterday approved a proposal to increase investment in the Web-only Line Bank Taiwan Ltd (連線商業銀行) by NT$2.195 billion (US$73.88 million), which is expected to raise its stake in the virtual bank from 25.1 percent to 27.18 percent.
Taipei Fubon would remain the second-largest shareholder in Line Bank after Line Financial Taiwan Corp (台灣連線金融科技), which holds a 49.9 percent stake.
Taipei Fubon’s decision came as Line Bank seeks to increase its paid-in capital by NT$7.5 billion after its accumulated pretax losses approached one-third of its paid-in capital of NT$10 billion.
Line Bank plans to first reduce ....

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Government considering testing over home isolation

The government is mulling using COVID-19 tests instead of home isolation for people exposed to the virus in a bid to limit the disease’s social impact, Minister of Health and Welfare Chen Shih-chung (陳時中) said yesterday.
The proposed measure, which would apply to people who had three or more COVID-19 vaccine jabs, would first be implemented among healthcare workers, then to workers who provide vital services and later on possibly the public as a whole, said Chen, who heads the Central Epidemic Command Center (CECC).
The plan is to be finalized at the end of the week, he said, adding that officials ....

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《TAIPEI TIMES》 Government considering testing over home isolation - 焦點

By Lin Hui-chin, Yang Hsin-hui and Jonathan Chin / Staff reporters, with staff writerThe government is mulling using COVID-19 tests instead of home isolation for people exposed to the virus in a bid to limit the disease’s social impact, Minister of Health and Welfare Chen Shih-chung (陳時中) said yesterday. ....

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