The China Post
Date: September 7, 2016
By: The China Post news staff
TAIPEI, Taiwan — In an effort to support the government’s “New Southbound Policy,” the Shanghai

Starting from left: John Con-sing Yung, vice chairman of the SCSB Cultural and Educational Foundation; Chou Ching-hsiung, secretary general of the foundation; and Dato’ Seri Tiong King Sing, Malaysia’s special envoy, jointly hold up a symbolic NT$600,000 check at a ceremony held at SCSB’s head office in Taipei.(Courtesy of Shanghai Commercial & Savings Bank)
Commercial & Savings Bank (SCSB) Cultural and Educational Foundation has launched a NT$600,000 scholarship program for Malaysian Chinese students to study in Taiwan, according to a press release issued by SCSB.
At a ceremony held at SCSB’s head office in Taipei, the foundation’s Vice Chairman John Con-sing Yung, Secretary-General Chou Ching-hsiung, and SCSB’s Deputy General Manager Lin Chih-hong jointly granted a NT$600,000 check to Malaysia’s special envoy Dato’ Seri Tiong King Sing, who received the check on behalf of the students.
According to statistics issued by the Ministry of Education, over 16,000 students had come from Malaysia to study in Taiwan as of the end of 2015, accounting for half of the total students from the 10 member states of the Association of Southeast Asian Nations (ASEAN).
In order to help cultivate talent needed to improve economic and trade exchanges between Malaysia and other Southeast Asian countries, the SCSB set up the Malaysian Chinese Students Scholarship program to encourage more students to study in Taiwan. Each qualified student receives NT$20,000. [FULL STORY]
