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Oct 08

Taiwan In The Forbes Magazine Asia

“26 Taiwanese businesses succeed on the Forbes list of the 200 best small and medium-sized companies according to a recently issued Internet study of Forbes Asia magazine, the Republic of China (Taiwan) in the international comparison companies the second largest group, the it on the Forbes Asia list of the 200 best under a billion” managed small and medium-sized enterprises. This year, 26 Taiwanese companies achieved a place on the list of three more than in the previous year. Under a billion”refers to companies, whose annual sales between US$ 5 million and US$ 1 billion was ranked. The business fields of the listed Taiwanese companies are very diverse. In addition to the areas of electronics and information and communications technology, for which Taiwan is well known, the areas included also design and manufacture of health food, contact lenses, radio bearing bicycles, textiles and signal connectors, high quality. Were the companies from Taiwan’s services sector, which also made it on the list, a Companies for the treatment of chemical wastes, a restaurant chain and an expert of the funeral. The latter company, the LungYen life Service Corp., and its founder, David Lee, were even by Forbes Asia magazine selected for the cover story of the August 12 print edition. LungYen in Taiwan is very famous for its 20-storey urn Hall in northwestern of Taiwan, and one is used as a storage place for the ashes of the deceased and as a place for funeral ceremonies.

The site offers many advantages, such as a communal dining area and childcare facilities on each floor. According to the Forbes magazine among the world’s third largest company of its kind this company regarding capital adequacy. This year managed by 15,000 participating companies 873 on the Forbes list. The companies had to meet several criteria, E.g. the return of average equity, as well as a pre-tax margin of 10% over a five-year period, positive sales growth and positive stock results over the a ratio between debt and equity that is less than 75% last three years, and that the company has been traded for at least a year.