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Taiwan Government Leading 100 Startups in Five Major Industry For CES2021


In 2020, the global economy faced the impacts of the COVID-19 pandemic and the US-China trade war. While the economies around the world were critically affected, Taiwan was able to break through the predicament and make extraordinary performances in foreign trade and industry development. Innovation plays a pivotal role in achieving such incredible results. In particular, Taiwan’s flourishing startups are also an essential momentum of driving the economy and the country’s industrial upgrading and transformation. In CES 2021, Taiwan Tech Arena (TTA) is supported by the Ministry of Science and Technology (MOST) along with 31 organizations and the 100 featured high-potential Taiwanese startups. TTA Taiwan Tech Pavilion is the place for you to witness the amazing innovative energy of Taiwan.

TTA supports Taiwanese Startups to shine at CES 2021 with digital marketing Zheng-Zhong Wu, Minister of the Ministry of Science and Technology (MOST), indicated that it is necessary to establish the “Taiwan 2030 Science and Technology Vision” by contributing six significant issues. The sectors included deepening biotech and medical industry, developing Generation A Semiconductor Technology, encouraging digital transformation, building 6G network, establishing reliable information security, and constructing a complete network infrastructure. To reach the six primary goals, “technology startups” are one of the key players. After years of efforts made by MOST, the momentum of innovation in Taiwan is vibrant. Take this year’s CES 2021, for example; the “TTA Taiwan Technology Pavilion” is a great way to leverage digital marketing and show the significant potential of Taiwan’s innovative energy. The journey to connect resources of the world with Taiwanese startups continues.

iStaging builds the very first and eye-catching virtual pavilion of Taiwan Startups By entering the “TTA Taiwan Technology Pavilion” curated by MOST and iStaging, a Taiwanese AR/VR startup, visitors can turn on full screen mode to enjoy the 360 degree virtual environment. The five major virtual stages include Healthcare & Wellness, Smart Living, Cybersecurity & Cloud Solution, Tech for Good, and Mobility Tech. Facilitated by the customized digital marketing resources of MOST, participants can meet virtually with peerless startups such as 3drens, AV Mapping, Additive Intelligence, P-Waver, Agromeans (MeansGood), Aiphas, AuthMe, BayPay, etc. Each of the featured startups is presenting exclusive innovative products, services, and solutions.

In addition to the cutting-edge products, this virtual pavilion also features “TourRing.” This online touring service not only supports cross-regional/international remote viewing but also spontaneously introduces products, exhibitors, and booths with images. TourRing allows visitors to find products of interest quickly. Moreover, the exhibiting startups can monitor the online traffic and retrieve data from the back-end analysis platform, including messages, likes, countries, dwelling time, and further contact with potential buyers to create business opportunities.

Technology startups are the key driving force for a country’s economic growth and industry upgrading and transformation. In the past few years, MOST has been actively promoting various innovation and entrepreneurship related policies, and has successfully commercialized numerous scientific researches. MOST’s efforts have brought endless stamina into economic growth and industrial development in Taiwan. By looking forward to the future, MOST will continue to optimize innovation and entrepreneurship policies, and will further facilitate digital marketing solutions, like the TTA Taiwan Technology Pavilion at CES 2021, to unveil the best Taiwanese startups to the world!

TTA “ VR Pavilion:

Taiwan Tech Arena

Ms. Daphne Lien

Cell phone: +886 983 084 791

Email: [email protected]


BancorpSouth Bank Declares Quarterly Common & Preferred Dividends


TUPELO, Miss., Jan. 27, 2021 /PRNewswire/ — At its regular quarterly meeting today, the Board of Directors of BancorpSouth Bank (NYSE: BXS) declared a quarterly cash dividend of $0.19 per share of common stock.  The common stock dividend is payable on April 1, 2021, to shareholders of record at the close of business on March 15, 2021. 

The Board of Directors also declared a quarterly cash dividend of $0.34375 per share of Series A Preferred Stock.  The preferred stock dividend is payable on February 22, 2021, to shareholders of record at the close of business on February 5, 2021.

BancorpSouth earlier reported financial results for the fourth quarter of 2020. Net income available to common shareholders was $66.4 million, or $0.65 per diluted share, and net operating income available to common shareholders – excluding MSR – was $70.8 million, or $0.69 per diluted share.

About BancorpSouth Bank

BancorpSouth Bank (NYSE: BXS) is headquartered in Tupelo, Mississippi, with approximately $24 billion in assets.  BancorpSouth operates approximately 305 full-service branch locations as well as additional mortgage, insurance, and loan production offices in Alabama, Arkansas, Florida, Louisiana, Mississippi, Missouri, Tennessee and Texas, including an insurance location in Illinois.  BancorpSouth is committed to a culture of respect, diversity, and inclusion in both its workplace and communities. To learn more, visit our Community Commitment page at; “Like” us on Facebook; follow us on [email protected]; or connect with us through LinkedIn.

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SOURCE BancorpSouth Bank

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FIBRA Prologis Announces Fourth Quarter and Full Year 2020 Earnings Results


MEXICO CITY, Jan. 27, 2021 /PRNewswire/ — FIBRA Prologis (BMV:FIBRAPL 14), a leading owner and operator of Class-A industrial real estate in Mexico, today reported results for the fourth quarter and full year 2020.


  • Leases commenced were 12.5 million square feet
  • Period-end occupancy was 97.1%
  • Net effective rent on rollovers increased 12.4%
  • Weighted average customer retention was 87.1%
  • Same store cash NOI decreased 4.7%
  • Acquired US$438 million of Class-A properties

Net earnings per CBFI was Ps. 3.2891 (US$0.1576) for the quarter compared with Ps. 0.8332 (US$0.0419) for the same period in 2019. For the full year 2020, net earnings per CBFI was Ps. 4.4111 (US$0.2091).

Funds from operations (FFO) per CBFI as defined by FIBRA Prologis was Ps. 0.8164 (US$0.0380) for the quarter compared with Ps. 0.7465 (US$0.0374) for the same period in 2019. For the full year 2020, FFO per CBFI was Ps.3.5937 (US$0.1663).


“Our 2020 financial and operating performance exceeded our expectations many times over,” said Luis Gutiérrez, CEO, Prologis Property Mexico. “Despite the tragic effects of the global pandemic and its impact on the Mexican economy, we delivered 12.4 percent rent change on rollover and added 5.3 million square feet through accretive acquisitions, enhancing our position in Mexico City, Monterrey Ciudad Juarez and Guadalajara.”

Operating Portfolio




Period End Occupancy 



Four of six markets at or above 97%

Leases Commenced

1.1 MSF

2.7 MSF

78% of leasing activity related to Monterrey and Ciudad Juarez

Customer Retention



Net Effective Rent Change



Led by Ciudad Juarez and Mexico City

Same Store Cash NOI



Higher concessions, the result of  longer lease terms along with a weaker peso partly offset by higher rents

Same Store NOI




At December 31, 2020, FIBRA Prologis' leverage was 29.0 percent and liquidity was Ps. 6.9 billion (US$347.0 million), which included Ps. 6.5 billion (US$325.0 million) of available capacity on its unsecured credit facility and Ps. 434.4 million (US$21.8 million) of unrestricted cash.

“A significant testament to our commitment to ESG, the completion of our $375 million green bond offering bolstered our balance sheet to its strongest level in our history” said Jorge Girault, senior vice president, Finance, Prologis Property Mexico. “With well-laddered maturities, a low debt cost and significant liquidity, we are in solid position to be opportunistic in 2021.”


(US$ in million, except per CBFI amounts)

FX = Ps$21.5 per US$1.00







Excludes the impact of foreign exchange movements and any potential incentive fee

Full Year 2021 Distributions per CBFI



Year End Occupancy



Same Store NOI (Cash)



Based in U.S. dollars

Annual Capital Expenditures as % of NOI



Asset Management and Professional Fees



Building Acquisitions



Building Dispositions




FIBRA Prologis will host a live webcast/conference call to discuss quarterly results, current market conditions and future outlook. Here are the event details:

  • Thursday, January 28, 2021, at 9 a.m. CT/10 a.m. ET.
  • Live webcast at, in the Investor Relations section, by clicking News & Events.
  • Dial in: +1 833 714-0919 (U.S. and Canada), 01 800 853 0237 (Mexico) or +1 778 560-2663 (all other countries) and enter Passcode 3157918.

A telephonic replay will be available January 28–February 3 at +1 800 585-8367  from the U.S. and Canada or at +1 416 621-4642 from all other countries using conference code 3157918. The replay will be posted in the Investor Relations section of the FIBRA Prologis website.


FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of December 31, 2020, FIBRA Prologis was comprised of 205 logistics and manufacturing facilities in six industrial markets in Mexico totaling 40.2 million square feet (3.7 million square meters) of gross leasable area.


The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management's beliefs and assumptions made by management.  Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, acquisition activity, development activity, disposition activity, general conditions in the geographic areas where we operate, our debt and financial position, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, (ix) risks related to the coronavirus pandemic, and (x) those additional factors discussed in reports filed with the “Comisión Nacional Bancaria y de Valores” and  the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release.

Non-Solicitation – Any securities discussed herein or in the accompanying presentations, if any, have not been registered under the Securities Act of 1933 or the securities laws of any state and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirements under the Securities Act and any applicable state securities laws. Any such announcement does not constitute an offer to sell or the solicitation of an offer to buy the securities discussed herein or in the presentations, if and as applicable.


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The National Capital Bank of Washington Reports Fourth Quarter Earnings


WASHINGTON, Jan. 27, 2021 /PRNewswire/ — The National Capital Bank of Washington (NCB) reported net income of $1,003,000, or $3.51 per common share, for the three months ended December 31, 2020, compared to net income of $495,000 or $1.73 per share for the quarter ended December 31, 2019.  For the year ended December 31, 2020, NCB reported net income of $2,648,000, or $9.26 per share, compared to $2,552,000, or $8.94 for the year ended December 31, 2019. The fourth quarter results included a less-pronounced increase in the Bank's allowance for loan loss after an aggressive response to the COVID-19 pandemic during the first nine months of 2020 which included significant increases in the Bank's allowance for loan losses. The Bank has prudently built up its allowance for loan losses by $319,000 during the fourth quarter and by $2,013,000 for the full year of 2020. These adjustments were determined by performing an industry-sector analysis of the Bank's loan portfolio and providing additional reserves on those sectors most at risk. This sector analysis was further informed by an analysis of the loan modifications made by the Bank since the beginning of the pandemic, as allowed for under the CARES Act. Loans with payment deferments granted during the pandemic represented 13% of total loans while loans in current deferments at year-end represented 3% of total loans. Although the annual charge-off rate for loans during 2020 was only 0.02% of average loans, the Bank has experienced an increase in non-performing loans to 0.32% of total loans on December 31, 2020 compared to 0.06% on December 31, 2019.

Total assets increased year-over-year to $615,294,000 on December 31, 2020 compared to $523,312,000 on December 31, 2019.  Total loans of $440,819,000 on December 31, 2020 were flat during the quarter but have increased from $383,508,000 the year before.  Total deposits increased during the quarter by $24.1 million to $532,444,000 on December 31, 2020 and have increased from $447,470,000 the year before.  The year-over-year increase in loans was primarily a result of the Bank's active participation in the SBA-guaranteed Paycheck Protection Program (PPP) which resulted in new loans exceeding $63 million, with a remaining balance of $52 million on December 31, 2020. The Bank collected $2.1 million of processing fees on these loans, which were deferred and are being recognized in income over the life of the loans; the Bank recognized $363,000 in interest income during the fourth quarter of 2020 and $895,000 for the year ending December 31, 2020. The Bank's net interest margin continued to be under pressure during the quarter after the negative impact of steadily declining interest rates in the last half of 2019 compounded by the dramatic decreases in interest rates during March of 2020. The net interest margin decreased to 3.26% during the fourth quarter of 2020 compared to 3.35% in the third quarter of 2020 and 3.40% in the fourth quarter of 2019.  The Bank's net interest margin for the full year of 2020 of 3.29% decreased compared to the full-year 2019 net interest margin of 3.50%.  

Total shareholders' equity increased to $53,449,000 on December 31, 2020 from $48,873,000 a year ago.  The increase resulted from retained earnings for the past twelve months along with an increase in the market value of the Bank's investment portfolio due to declines in longer-term interest rates.  For the year ended December 31, 2020 the return on average assets and return on average equity was 0.46% and 5.12%, respectively. 

Richard B. (Randy) Anderson, Jr. President and Chief Executive Officer said, “Given the multitude of challenges experienced during 2020 driven by the COVID-19 pandemic and resulting economic impact it was particularly rewarding to end the year on a strong note.”  Anderson continued “As we look toward 2021, we realize some of these challenges will continue but, we are confident the Bank is well-positioned in terms of reserve adequacy, staffing and new digital offerings and capabilities to weather them and continue to build the franchise.”   

NCB also announced today that its Board of Directors has declared a dividend of $0.55 per share for shareholders of record as of February 12, 2021. The dividend payout of $157,331.35 on 286,057 shares is payable February 26, 2021.

The National Capital Bank of Washington was founded in 1889 and is Washington's Oldest Bank. NCB is headquartered on Capitol Hill with offices in the Friendship Heights community in Northwest D.C., the Courthouse/Clarendon community in Arlington, Virginia and the Fox Hill senior living community of Bethesda, Maryland. NCB also operates residential mortgage and commercial lending offices and a wealth management services division. NCB product and service offerings include personal and business deposit accounts, robust eBanking, sophisticated treasury management solutions, remote deposit capture and merchant processing – all delivered with top-rated personal service.  NCB is well-positioned to serve all the banking needs of those in our communities.  For more information about NCB, visit The Bank trades under the symbol NACB.

Forward Looking Statements
This news release may contain certain forward-looking statements, such as statements of the Bank's plans, objectives, expectations, estimates and intentions.  Forward-looking statements may be identified using words such as “expects,” “subject,” “will,” “intends,” “will be” or “would,” These statements are subject to change based on various important factors (some of which are beyond the Bank's control) and actual results may differ materially.  Accordingly, readers should not place undue reliance on any forward-looking statements (which reflect management's analysis of factors only as of the date of which they are given).  These factors include general economic conditions, trends in interest rates, the ability of the Bank to effectively manage its growth and results of regulatory examinations, among other factors.  The foregoing list of important factors is not exclusive.


The National Capital Bank of Washington

Financial Highlights

(In thousands, except share data)

Three Months Ended

Twelve Months Ended


December 31

December 31

Condensed Statement of Income:





Interest income





Interest expense





Net interest income





Provision for loan losses





Net interest income after provision





Non-interest income





Non-interest expense





Income before taxes





Income tax provision





Net income





Share Data:

Weighted avg no. of shares outstanding





Period end shares outstanding





Per Common Share Data:

Net income





Closing Stock Price



Book Value



Profitability Ratios, Annualized:

Return on average stockholders' equity





Return on average total assets





Average equity to average total assets





Condensed Balance Sheets:

December 31

December 31




     Cash and equivalents



     Securities, available for sale



     Loans, held for sale



     Loans, held in portfolio



     Allowance for loan losses



     Premises and equipment, net



     Bank owned life insurance



     Other assets



Total assets



Liabilities and stockholders' equity




     Securities sold under agreement to repurchase



     FHLB advances



     Paycheck Protection Program Liquidity Facility



     Other liabilities



     Stockholders' equity



Total liabilities and stockholders' equity



Other Data:

Non-performing loans to total loans (1)



Allowance to total loans



Net charge-offs (recoveries) to average loans



Net interest margin for the quarter



Net interest margin for the year



(1) NPL's exclude accruing TDR's


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SOURCE The National Capital Bank of Washington

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