Tsai vows to liberalize finance rules‘INCREASINGLY FAVORED’: Taiwan’s ‘transparent laws and efficient courts’ as well as its financial institutions give it a major advantage to become a financial hub, Tsai saidBy Angelica Oung / Staff reporterTaiwan would liberalize banking and investment rules to establish itself as a regional financial hub, President Tsai Ing-wen (蔡英文) told the Taiwan Capital Market Forum in Taipei yesterday. “These bring new challenges and opportunities.”President Tsai Ing-wen speaks at the opening ceremony of the 2020 Taiwan Capital Market Forum, held by the Liberty Times, in Taipei’s Neihu Disitrct yesterday. Second, our comprehensive financial institutions,” she said. In addition, dividend yields are high in Taiwan, transactions are stable and transparent, and compared with surrounding countries, the liquidity of Taiwan’s capital markets is high, Tsai said. Premier Su Tseng-chang (蘇貞昌) told the forum that Taiwan has taken advantage of the US-China trade dispute by encouraging investment.

Source: Taipei Times July 31, 2020 15:56 UTC