KGI Financial (KGIF) has demonstrated its commitment to corporate social responsibility by organizing a series of Christmas charity events under the leadership of China Development Foundation Chairman, Angelo J. Y. Koo. The events included two charity markets featuring 60 participants from disaster-stricken areas in Hualien, social welfare organizations, local revitalization teams, and local farmers. The enthusiastic participation of the group’s employees resulted in sales exceeding NT$3 million, setting a new record for the charity market and highlighting the peak of KGIF’s ESG synergy.
The KGIF Christmas Charity Month began with the lighting of the Christmas tree, marking the start of the charitable activities. Every Friday leading up to Christmas, charity market events were held around the Christmas tree at the group’s headquarters. Performances by the dance class of Yongle Elementary School in Taipei showcased the achievements of the “Dance 100” project by the group’s China Development Foundation. This project aims to nurture young dancers’; creativity and promote dance in elementary schools, encouraging teachers and students to cultivate an appreciation for dance arts. The “Animal Rhapsody” performance by Yongle Elementary School was choreographed by young dancer Li, Jiaming, a long-time beneficiary of the Foundation, to the music of the renowned band “Mayday.”
This year’s charity market has set up a special Hualien zone to support local industries continuously affected by earthquakes and typhoons. Among them, National Dong Hwa University is selling local smallholders’ honey at the market to raise funds for the school. Earlier this year, the University’s College of Science and Engineering laboratories were severely damaged by an earthquake. Chairman Koo of the China Development Foundation promptly assessed the disaster, and the foundation donated NT 14 million for reconstruction. Today, Lin, Chunying, Dean of Student Affairs of National Dong Hwa University, led colleagues from the Student Activity Center to Taipei to express gratitude to Chairman Koo for his concern for the teachers and students of the University.
Angelo J. Y. Koo, Chairman of the China Development Foundation, has long been dedicated to public welfare. As Chairman of CDIB Capital, he supports the “Local Revitalization Incentive Program” helping local revitalization teams find sustainable business paths. This year’s KGI Charity Market, supported by CDIB Capital’s local revitalization team, featured a diverse marketplace model showcasing local agricultural products, cultural and creative goods, and local tours. It received enthusiastic support from the group’s employees, creating a record high in sales and bringing a sense of happiness to this year’s Christmas season.
When an apartment comes up for rent in Germany’s big cities, hundreds of prospective tenants often queue down the street to view it, but the acute shortage of affordable housing is getting scant attention ahead of today’s snap general election. “Housing is one of the main problems for people, but nobody talks about it, nobody takes it seriously,” said Andreas Ibel, president of Build Europe, an association representing housing developers. Migration and the sluggish economy top the list of voters’ concerns, but analysts say housing policy fails to break through as returns on investment take time to register, making the
NOT TO WORRY: Some people are concerned funds might continue moving out of the country, but the central bank said financial account outflows are not unusual in Taiwan Taiwan’s outbound investments hit a new high last year due to investments made by contract chipmaker Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) and other major manufacturers to boost global expansion, the central bank said on Thursday. The net increase in outbound investments last year reached a record US$21.05 billion, while the net increase in outbound investments by Taiwanese residents reached a record US$31.98 billion, central bank data showed. Chen Fei-wen (陳斐紋), deputy director of the central bank’s Department of Economic Research, said the increase was largely due to TSMC’s efforts to expand production in the US and Japan. Investments by Vanguard International
WARNING SHOT: The US president has threatened to impose 25 percent tariffs on all imported vehicles, and similar or higher duties on pharmaceuticals and semiconductors US President Donald Trump on Wednesday suggested that a trade deal with China was “possible” — a key target in the US leader’s tariffs policy. The US in 2020 had already agreed to “a great trade deal with China” and a new deal was “possible,” Trump said. Trump said he expected Chinese President Xi Jinping (習近平) to visit the US, without giving a timeline for his trip. Trump also said that he was talking to China about TikTok, as the US seeks to broker a sale of the popular app owned by Chinese firm ByteDance Ltd (字節跳動). Trump last week said that he had
STRUGGLING TO SURVIVE: The group is proposing a consortium of investors, with Tesla as the largest backer, and possibly a minority investment by Hon Hai Precision Nissan Motor Co shares jumped after the Financial Times reported that a high-level Japanese group has drawn up plans to seek investment from Elon Musk’s Tesla Inc to aid the struggling automaker. The group believes the electric vehicle (EV) maker is interested in acquiring Nissan’s plants in the US, the newspaper reported, citing people it did not identify. The proposal envisions a consortium of investors, with Tesla as the largest backer, but also includes the possibility of a minority investment by Hon Hai Precision Industry Co (鴻海精密) to prevent a full takeover by the Apple supplier, the report said. The group is
RSS