Taiwan’s GDP to grow 2.44% in 2020: CIER

TAIPEI (Taiwan News) — The Chung-Hua Institution for Economic Research (CIER) on Thursday (Dec. 19) revised upward Taiwan’s GDP growth in 2019 to 2.54 percent and forecast 2.44 percent gro...

Taiwan discusses US-China trade war with Switzerland

TAIPEI (Taiwan News) — Switzerland's World Trade Institute (WTI) held a seminar titled "Trade Wars and their Impact on Global Trade and Small Economics" with the Chung-Hua Institut...

Taiwan manufacturing activity returns to expansion mode

Taiwan's manufacturing activity returned to expansion mode in October, doing so for the first time since April, the Chung-Hua Institution for Economic Research (CIER) said Friday. Most of the f...

CIER raises Taiwan's economic growth forecast for 2020

TAIPEI (Taiwan News) — On Friday (Oct. 18), the Chung-Hua Institution of Economic Research (CIER) announced that it has revised Taiwan’s economic growth forecast for the next year. Acco...

Taiwan's manufacturing activity contracts for 4th straight month

Taiwan's manufacturing activity remained in contraction mode for the fourth consecutive month in August as escalating trade tensions between the United States and China continued to undermine conf...

Chinese travel ban unable to destroy Taiwan tourism sector: CIER

TAIPEI (Taiwan News) – The ban on Chinese individual travelers visiting Taiwan will be unable to destroy the island’s hospitality and restaurant sector, the Chung-Hua Institution for E...

Taiwan's 2019 GDP growth forecast to drop further to 2.06 percent

Taipei (CNA) - The Chung-Hua Institution for Economic Research (CIER) further trimmed its forecast for Taiwan's economic growth rate in 2019 to 2.06 percent Wednesday, down by 0.09 percentage poin...

Taiwan to benefit from US-China trade truce: think tank

TAIPEI (Taiwan News) – Taiwan will benefit from the U.S.-China trade truce agreed upon by U.S. President Donald Trump and Chinese leader Xi Jinping, according to a Taipei-based think-tank. Wa...

60% of foreigners working Taiwan's tech industry are Filipinos

TAIPEI (Taiwan News) -- At over 60 percent, Filipino workers comprise the majority of foreign workers in Taiwan's electronics and technology industry, and many Taiwanese companies are shifting pro...

CIER cuts Taiwan 2019 GDP growth forecast to 2.15 percent

The Chung-Hua Institution for Economic Research (CIER) on Wednesday trimmed its forecast for Taiwan's economic growth rate for 2019 to 2.15 percent, down from 2.18 percent in December. As with ...

New Economic Immigration Act in Taiwan will boost domestic economy: CIER

TAIPEI (CNA) -- A draft bill aimed at attracting foreign nationals to fill the workforce gap in Taiwan is likely to create more job opportunities, raise real wages and boost the domestic GDP, research...

Taiwan’s year of reversal

TAIPEI (East Asia Forum) -- In December each year, Taiwanese vote for a Chinese character that best reflects the past year. The 2018 Word of the Year is fan (翻), which has multiple meanings depending ...

Taiwan’s CIER calls for domestic demand stimulus to combat trade war

TAIPEI (Taiwan News) – The Chung-Hua Institution for Economic Research’s (CIER, 中華經濟研究院) most recent forecast predicts Taiwan’s GDP growth to taper off in 2019 due to the U.S.-China ...

Taiwan's New Southbound Policy bearing fruit: Deputy Foreign Minister

TAIPEI (Taiwan News) – Taiwan's Deputy Minister of Foreign Affairs, Wu Chih-chung (吳志中) said that the New Southbound Policy is already bearing fruit during a conference at an economic policy...

Taiwan think tanks view Trump-Kim meeting in positive light

TAIPEI (CNA) - Four Taiwanese economic think tanks said Tuesday that the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong-un was a good start regardless of whether ...