Few leaders 'have had better 2020' than Taiwan's president: Bloomberg

TAIPEI (Taiwan News) — U.S. news agency Bloomberg on Monday (Sept. 21) lauded Taiwanese President Tsai Ing-wen (蔡英文) as having had the best 2020 among the world's leaders but said this is of...

Taiwan leaves interest rates unchanged, sees GDP grow 1.6%

TAIPEI (Taiwan News) — The Central Bank left key interest rates unchanged Thursday (Sept. 17) while revising its growth forecast for the year upward to 1.6 percent. With economic growth picki...

Taiwan sees lowest economic impact from coronavirus in world

TAIPEI (Taiwan News) — Thanks to the outstanding handling of the Wuhan coronavirus (COVID-19) outbreak by the Central Epidemic Command Center (CECC), Taiwan has seen the least impact on its econ...

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...

Moody’s sees sharp rebound for Taiwan's GDP growth in 2021

TAIPEI (Taiwan News) — While the Wuhan coronavirus pandemic is likely to force Taiwan’s economic growth down to 0.2 percent for 2020, it is likely to rebound sharply to 3.7 percent in 2021...

JP Morgan's chief economist optimistic about Taiwan's growth

TAIPEI (Taiwan News) — JP Morgan Chief Economist Bruce Kasman said Tuesday (May 26) that Taiwan's economy is relatively stable despite the coronavirus pandemic and will perform better than m...

Government relief package to help Taiwan’s economy grow by 1.58%

TAIPEI (Taiwan News) — A government relief package will soften the impact of the Wuhan coronavirus (COVID-19) pandemic and allow Taiwan’s economy to grow by 1.58 percent this year, the Tai...

Coronavirus leads DBS Bank to adjust forecast for Taiwan’s 2020 GDP

TAIPEI (Taiwan News) — Analysts at DBS Bank (Taiwan) Ltd. had been expected to raise their prediction for Taiwan’s economic growth in 2020 to at least 2.5 percent Friday (Jan. 31), but due...

Taiwan's GDP growth rate leaped to top of Asia's 4 tigers in 2019

TAIPEI (Taiwan News) — Taiwan roared ahead of the rest of Asia's four tigers in 2019 with a growth rate of 2.73 percent. On Tuesday (Jan. 21), the Directorate General of Budget, Accountin...

Taiwan's 2020 economic growth same as 2019: Asian Development Bank

TAIPEI (Taiwan News) — Taiwan is expected to have the same economic growth rate in 2020 as 2019, according to a report released by the Asian Development Bank (ADB) on Wednesday (Dec. 11). See...

Taiwan warns of attack if China's economy keeps crumbling

TAIPEI (Taiwan News) — Taiwan's Foreign Minister Joseph Wu (吳釗燮) on Wednesday (Nov. 6) said that Taiwan will need to brace itself for a "military conflict" if China's economy c...

Taiwan's 2019 GDP growth forecast to hit 2.46%: DGBAS

Balking a forecast from a world body on Taiwan's economy in 2019 amid a weakening global economy, the government is confident that the domestic economy will expand by more than 2 percent this year...

Central Bank raises economic growth forecast to 2.4%

TAIPEI (Taiwan News) — For the first time this year, the Central Bank raised its economic growth forecast for 2019 to 2.4 percent, reports said Thursday (September 19). Previously, the bank h...

Taiwan biggest winner in U.S.-China trade war: Standard Chartered

TAIPEI (Taiwan News) – Taiwan’s economy will grow by 2.1 percent this year, mainly due to the return of Taiwanese firms trying to avoid the fallout from the trade war between the Unite...