CNA, TSE Inaugurate New International News Exposure Platform.TAIPEI, Taiwan -- The International News and Information Exposure Platform established by the Taiwan Stock Exchange Taiwan Stock Exchange (TSEC) Established in 1961, the only centralized securities market in Taiwan. Corp. (TSEC See Taiwan Stock Exchange. ) and the Central News Agency (CNA (Certified NetWare Administrator) See Novell certification. ) was formally inaugurated Tuesday for local blue-chip companies to release their corporate news and promote their products and services. Premier Su Tseng-chang delivered a congratulatory message at the inauguration ceremony held at the Taipei 101 tower, hailing the new platform as an ideal tool for local listed and OTC OTC See: Over-the-counter. OTC See over-the-counter market (OTC). companies to connect with the world and globalize their operations. By cooperating with U.S.-based Business Wire, Su said, the new platform enjoys the "unique advantage" of online news distribution, providing local companies seeking exposure in both domestic and international markets with immediate access to media outlets at home and abroad, as well as Internet portals, so that multinational corporate executives, international equity investors and mutual fund managers can get real-time first-hand information about corporate developments. "The new platform is expected to facilitate local companies' globalization globalization Process by which the experience of everyday life, marked by the diffusion of commodities and ideas, is becoming standardized around the world. Factors that have contributed to globalization include increasingly sophisticated communications and transportation drive and enhance their overall image and popularity in the world arena," Su said, adding that the CNA-TSE-Business Wire collaboration will not only help upgrade Taiwan's international competitiveness but also manifest its determination to globalize its capital market and increase the transparency of related information. "By helping blue-chip Taiwan companies further sharpen their competitiveness, the new CNA-TSE-Business Wire collaboration is also expected to help Taiwan experience another economic takeoff," the premier said. Su encouraged local listed and OTC companies to make good use of the new platform both for their own interests and for Taiwan's overall wellbeing. Jesse Chou, public relations public relations, activities and policies used to create public interest in a person, idea, product, institution, or business establishment. By its nature, public relations is devoted to serving particular interests by presenting them to the public in the most senior director of Delta Electronics Inc., the new platform's first customer, also attended the inauguration ceremony. Chou said the company signed an agreement with Delsolar Co. and St Microelectronics in Paris in November on forming a partnership for developing solar power systems. The news received extensive coverage by major media outlets around the world immediately after being distributed through the new CNA-TSE-Business Wire news platform. "This proves the strength of this new platform," he said. Other senior government officials and corporative cor·po·ra·tive adj. 1. Of, relating to, or associated with a corporation. 2. Of or relating to a government or political system in which the principal economic functions, such as banking, industry, labor, and government, are executives, including Government Information Office Minister Cheng Wen-tsang, Minister of Economic Affairs Chen Ruey-long, Chairman Hu Sheng-cheng of the Council for Economic Planning and Development and Financial Supervisory Commission The Financial Supervisory Commission is a commission of Ministry of Finance, subordinate to the the Executive Yuan of the Republic of China. Its main office is located in Banciao City, Taipei County. Chairman Shih Jun-ji also attended the ceremony. |
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