President Tsai Ing-wen (蔡英文) yesterday encouraged the government, the private sector and academia to work together to develop and internationalize Taiwan’s financial sector by cultivating a local talent pool.
Speaking at a launch ceremony for National Chengchi University’s (NCCU) College of Global Banking and Finance, Tsai said that sound economic growth had enabled Taiwan to have good credit ratings and report solid foreign exchange reserves, creating a good foundation for the country to develop international finance at a time when the financial industry is becoming more global.
On April 29, S&P Global Ratings raised its long-term issuer credit rating for Taiwan from