Risks and opportunities of interest rate hikes Let me first explain interest rate hikes. Interest rate hikes are a means for the central bank to tighten monetary policy. When the central bank decides to raise interest rates, downstream banks will also raise interest rates, and the interest rates on people's deposits in banks will increase, but conversely, the interest rates on people's loans will also increase.
Amid this wave of changes, Taiwanese companies must adjust their strategies in a timely manner to face the risks of financial instability caused by new mutant viruses, geopolitical risks, anti-globalization supply chain issues, and climate change. The short-term strategy can be combined with digital innovation and transformation, while the long-term strategy is the business opportunities of the green economy.
Some companies, which originally produced only automobile stamping parts, began to manufacture machine tools, and combined this with the local use of agricultural tools, thus reaching the second peak of their business.
The introduction of a systematic approach and the establishment of an organizational structure during the transformation not only expanded business opportunities but also improved organizational reconstruction.
We look forward to these companies continuing to shine and create win-win situations.
Here is a short video clip about interest rate hikes, it's quite interesting. Check it outhttps://youtu.be/E64cTPnojWc