South Korean refiner Hyundai Oilbank also handed out bumper bonuses to its employees.
Taiwan shipping giant Evergreen Marine has rewarded its employees with massive year-end bonuses of up to 52 months' pay after posting strong profits in 2022.
Evergreen Marine reported a net profit of NT$304.35 billion in the first three quarters of 2022, up 92 per cent year-on-year, Taipei Times reported. The company's president Hsieh Huey-chuan said in a recent interview that the shipping sector's ability to push ahead in 2023 will depend on whether Russia's war against Ukraine ends, which would boost global demand.
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Taiwan shipping giant Evergreen gives up to 52 months’ pay as year-end bonusesBut the comparatively lower bonuses handed out to ground workers at sister company Eva Air led to strikes at Taoyuan Airport. Read more at straitstimes.com.
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During Taiwan visit, ex-Nato chief urges democracies to uniteMr Anders Fogh Rasmussen made the remarks at a meeting with Taiwanese President Tsai Ing-wen. Read more at straitstimes.com.
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