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Taiwan sees biggest manufacturing expansion in more than 2 years

Taiwan's manufacturing sector in October recorded the biggest expansion in more than two years, as the electricity/electric equipment and basic raw material industries climbed out of a recent slum...

Taiwan institute raises nation's GDP forecast for 2020 to 1.76% growth

TAIPEI (Taiwan News) — The government-funded Chung-Hua Institution for Economic Research (CIER) has raised its forecast for Taiwan’s GDP growth in 2020 to 1.76 percent, and the growth is p...

Taiwan reaps US$64 billion bonanza from companies fleeing China

TAIPEI (Taiwan News) — Trade tensions between the U.S. and China exacerbated by the Wuhan coronavirus (COVID-19) have brought Taiwan a bonanza of NT$1.890 trillion (US$64 billion) in investment ...

Taiwan’s PMI reaches 2020 record in August, indicating economic revival

TAIPEI (Taiwan News) — The Purchasing Managers’ Index (PMI) reached its highest point for the year in August, indicating a revival of the economy, a leading think tank said Tuesday (Sept. ...

Taiwan’s GDP to shrink for first time in 4 years due to coronavirus

TAIPEI (Taiwan News) — Taiwan’s Gross Domestic Product (GDP) is likely to shrink by 0.73 percent in the second quarter of the year, its first contraction in more than four years, the gover...

Taiwan's GDP growth revised upward despite coronavirus pandemic

TAIPEI (Taiwan News) — Taiwan’s expected Gross Domestic Product (GDP) can be revised upward for the first time thanks to the government’s “Triple Stimulus Vouchers” again...

SinoPac picks economist to be Taiwan's first-ever female chair of privately owned bank

TAIPEI (Taiwan News) — The SinoPac Financial Holdings board of directors appointed the scholar Chen Shi-kuan (陳思寬) as its chair, marking the first time in Taiwan's history that a woman has h...

Taiwan's manufacturing activity contracts in April

Manufacturing activity in Taiwan contracted in April because of the COVID-19 pandemic's impact on global demand, hurting Taiwan's export-oriented manufacturers, the Chung-Hua Institution for E...

Taiwan’s coronavirus measures could keep economy turning over

As global economies continue to reel from the effects of the coronavirus pandemic, economic forecasts have gone from bad to apocalyptic — except for Taiwan. Despite being located just 130 kil...

Think tank cuts Taiwan 2020 GDP growth forecast to 1.03%

The Chung-Hua Institution for Economic Research (CIER) has cut its forecast for Taiwan's gross domestic product (GDP) for 2020 to 1.03 percent after accounting for the impact of the worldwide new ...

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 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...

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...