Taiwan banks' overseas earnings boosted by New Southbound policy
Taipei, May 30 (CNA) Overseas earnings of Taiwanese banks got a boost from the government's New Southbound policy, seeing their first-quarter incomes raked in from the countries covered by the policy hitting a new high since President Tsai Ing-wen (蔡英文) took office on May 20, 2016, according to data released Tuesday by the Financial Supervisory Commission (FSC).
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