By: Tien Yu-pin and Frances Huang
Taipei, Jan. 16 (CNA) The Taiwan Stock Exchange (TWSE) has come up with measures tailored to the government’s “New Southbound Policy” to boost global visibility of Taiwan’s stock market, a TWSE official said at a recent seminar.
The New Southbound Policy is an initiative pushed by the ruling Democratic Progressive Party (DPP) government to develop closer ties with ASEAN members and India, and the TWSE said it will put in place four measures aligned with the new policy.
They include soliciting investment from ASEAN countries, India and other “new southbound” markets into Taiwan’s capital market, and encouraging foreign investors targeted by the southbound policy to invest in Taiwan’s real economy, Huang Po-li (黃玻莉), a TWSE section chief, said at the seminar. [FULL STORY]