You are here: HomeBusiness › TWSE: Cultivating Growth

Business

TWSE: Cultivating Growth

   Sep 01, 2017
Credit : GMI Post

When gauging a country's economic prospects, analysts first study the historical performance of its financial market and activity that characterize its investment environment. For more than 50 years, the Taiwan Stock Exchange (TWSE) has served as the island nation's definitive economic benchmark.

With strict attention paid to corporate governance reporting standards and strong economic upturn, Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad. This is evidenced in the growth of TWSE's main index, which hit the 10,000 ceiling on May 11.

TWSE Chairman Jun-ji Shih knows what it takes not only to realize this record high but also to sustain that growth.

Taiwan has a well-earned reputation as a preferred investment destination both at home and abroad.

"One factor is economic performance, and we think that performance should be able to support the growth of the stock market. Other factors include the inflow of foreign funds and the contribution of individual domestic investors to enhance capital market surplus. The last decade has seen a steady climb in institutional investors, with this group having 40% of the overall holdings of the Taiwan market.”

At the end of June 2017, the TWSE reported 837 domestic listed companies and 64 foreign primary listed companies. Taiwan's well-known strength in high tech has also contributed to the stock market progress with globally-recognized giants Taiwan Semiconductor Manufacturing Company and Hon Hai Precision (Foxconn) being listed on TWSE. Biotech is also active, and the bourse has the highest number of listed biotech companies in Asia.

"Taiwan's position as a leading global supply chain gives our market many advantages with international linkage thro ugh Asia and worldwide. Our advanced ICT ecosystem enterprises are an integral part of our success. Investors in these companies enjoy the benefits of Taiwan's transparency and shareholder protection, while easily accessing other markets in the region and beyond,” noted Shih.

External recognition of Taiwan's advances in corporate governance by global reporting bodies shows yet another side of Taiwan's market strength. It is well worth mentioning that 2016 was the first year Taiwan made the Robeco SAM Country Sustainability Ranking. This is significant because when Taiwan was ranked, it was in the top third. Taiwan also placed first in APAC in Bloomberg's ESG category as well as rising to the 4th place position in ACGA's most recent survey.

"The ultimate goal of the TWSE is to provide trading value growth and consistently high dividend yields in the 4% range. Our listed companies also have reasonable P/E ratios; both of these are factors that continue to draw foreign investors to our market," Shih added.

Looking to the future, Shih is active in building greater collaboration with the international community to further strengthen Taiwan's investment environment. This involves working closely with other exchanges like Japan, Korea, Malaysia and NASDAQ with whom strong ties are held. Promoting the advantages of investing in Taiwan is also a key strategy, which entails roadshows in all regions of the world that include New York, London, Hong Kong and Singapore. With all this momentum in place, the TWSE is poised to deliver.

REGIONAL

Dramatist Hideto Iwai connects with his audiences in ways he never could have imagined by being honest about his own life experiences

By Nobuko Tanaka
- via The Japan Times    Aug 15, 2018

When he was 16, Hideto Iwai was perplexed as to why everyone around him unquestioningly jumped onto society’s student-to-salaryman conveyor b...

Texas-Japan Summit: Innovating regional relationships

By Irene Hirano Inouye, President of the U.S.-Japan Council
-    Apr 10, 2018

For its second regional summit, the U.S.-Japan Council selected Texas for its venue because the state has remained a leading destination for foreig...

Business opportunities in Latin America for Japanese companies

By Javier A. Mazon
-    Mar 26, 2018

Thanks to Texas' proximity to the emerging markets of Central and South America, several major Japanese companies with significant investments in L...

BUSINESS

Japanese household product maker Lixil launches plumber training program in India

By Atul Ranjan
- via The Japan Times    Aug 13, 2018

Lixil Group Corp., Japan’s leading manufacturer of household products, has launched a training program for plumbers in India to help fill a s...

It's time to turn manufacturing on its head

By Tony Richards, President and CEO of Impact Dakota
-    Apr 24, 2018

The leader of a major business group in North Dakota has issued a call for government and industries to break away from long-held notions about eco...

An American SME enjoys success in Japan with a start-up distributor

By Doug Taeckens, CEO of Pace Solutions
-    Apr 04, 2018

As Japan is a very complex market, some American companies have found it hard to succeed in the country without a partner that has in-depth knowled...

CULTURE & TRAVEL

‘Killing for the Prosecution’: A complex crime drama stuffed with exposition

By Mark Schilling
- via The Japan Times    Aug 15, 2018

Once a maker of Hollywood-style sci-fi (“Gunhed,” 1989) and noir (“Painted Desert,” 1993), Masato Harada has become a direc...

Japanese-style hospitality at the heart of Eurasia

By Francis Pacheco
-    Aug 28, 2017

Located at the heart of Kazakhstan's financial and cultural center, Rixos Almaty takes in pride in how its own brand of service and makes sure that...

DEN: The airport of the future has arrived

   Jun 07, 2016

Denver International Airport celebrated a milestone last year with the opening of a Westin hotel connected to its iconic Jeppesen Terminal.

latest special features:

Upcoming Reports from

Australia 2018

See Preview »

Global Media Inc. and Foreign Affairs, following the successful 2012 report, return to Australia this year, to highlight the country's increasing i...

Ireland 2018

See Preview »

The Japan Times, in partnership with Global Media Inc., is tentatively set to publish a Special Report on Ireland in October. The report will celeb...

Eastern USA 2018

See Preview »

Stretching from Virginia to Maine, the Mid-Atlantic and New England states were part of the Thirteen Original Colonies that declared independence f...

South Korea 2018

See Preview »

As one of Asia’s most stable and most dynamic economies, South Korea maintains its status as a global leader because of its commitment to free trad...




  • Global Media is your partner in reaching a powerful international audience through high-level economic reporting.

    Our ambition is to highlight under-reported developments and opportunities around the world, and allow leaders in these regions and sectors to take their message to the highest global level. We partner with top media to communicate with the world’s most powerful audiences. We specialize in communication and branding initiatives that help our clients effectively get their messages to their existing and potential partners. We achieve results for our clients by introducing them and their initiatives to an audience of elite international business and government leaders.

    Global Media Inc. is an independent media agency with offices in Hong Kong and Canada. GMI has more than a decade of experience in the writing, researching, and production of promotional country reports, with media partners from East Asia to North America. We have teams worldwide that develop country and thematic reports on the latest economic trends and developments.

    We are a media partner of Foreign Affairs,the United States’ most influential publication, published by the New York-based Council on Foreign Relations.

    Nearly a century old, there isn’t a more influential or higher-reaching publication in the United States than Foreign Affairs. The journal is ranked #1 in influence by U.S. opinion leaders in a recent nationwide study conducted by Erdos and Morgan, the premier business-to-business research firm. Their findings place Foreign Affairs ahead of all media, both print and broadcast, including The New York Times, The Wall Street Journal, The Economist, and The Washington Post.

    Testimonials:

    “We were extremely impressed with how efficient, well-coordinated, responsive and reliable the Global Media Inc. team was. We owe them a lot for their professionalism. We were very pleased with the outcome, and the article was very well-written. We hope to have an opportunity to work with Global Media Inc. again in the near future.� – Japan Airport Terminal Co. Ltd.
    “The Global Media team’s professionalism was excellent. Their team was great and always gave us the right suggestions and information. The product was excellent, and we were very happy to have such a great opportunity working with their excellent team.â€� – National Graduate Institute of Policy Studies (GRIPS)
    “We were honored to be chosen as one of the good universities in Japan. This article conveyed Seigakuin University’s educational ideals and the message from President Akudo. The advertisement was conspicuous and gave a good impression that Seigakuin nurtured students to contribute to world peace. We really appreciated what Global Media Inc. had did for us.â€� – Seigakuin University

    Whom we have featured:

    • Australian Prime Minister Julia Gillard
    • Australian Foreign Affairs Minister (and former Prime Minister) Kevin Rudd
    • Japanese Prime Minister Shinzo Abe
    • Qatari Minister of International Trade and Industry Dato’ Sri Mustapa bin Mohamed
    • Japanese Minister of Education, Culture, Sports, Science and Technology Yoshiaki Takaki
    • Taiwanese Foreign Minister Yang Chin-Tien
    • Taiwanese Finance Minister Lee Sush-Der
    • Taiwanese Economic Affairs Minister Shih Yen-Shiang
    • Taiwanese National Science Council Minister Lee Lou-Chuang,
    • Taiwanese Deputy Minister of Transport and Communications Yeh Kuang-Shih
    • Taiwanese Political Deputy Minister of Education Dr. Lin Tsong-Ming
    • Indonesian Ambassador to the United States Dr. Dino Patti Djalal
    • Indonesian Investment Coordinating Board Chairman Gita Wirjawan
    • Philippine President Benigno S. Aquino III
    • Philippine Senate President Juan Ponce Enrile