economic research 結果共22筆

Taiwan’s Electric Prosperity Index for August shows a rise in economic activity, driven by AI and high-performance computing. Industrial electricity demand hit a two-year high.

Taiwan’s housing market may slow in Q4 2024, with high, volatile prices. Central bank policies impact residential more than commercial real estate, affecting agents and developers.

Taiwan’s pet population has surpassed the number of children under 15, with the pet industry projected to reach NT$63.1 billion in 2023, according to a report by the Taiwan Institute of Economic Research.

Discover how Taiwan’s Ministry of Economic Affairs plans to address EU concerns over its wind power policy, aiming for WTO compliance and green energy development.

President Lai Ching-te announces that the Southern Branch will focus on cutting-edge technology, including quantum technology. Emphasizing Taiwan’s development, sovereignty, and public safety, Lai outlines his vision for economic progress through digital and green transformations, and peaceful coexistence with China based on mutual respect.

Vice President-elect Hsiao Bi-khim speaks at the CAPRI forum, emphasizing Taiwan’s resilience through adversities like natural disasters, misinformation, and military harassment. She highlights Taiwan’s progress in democracy, economic innovation, and defense, asserting Taiwan’s leadership role in the Asia-Pacific and its commitment to fostering global partnerships.

Explore the latest economic forecasts for Taiwan as the Taiwan Institute of Economic Research projects a GDP growth of 3.29% and a CPI increase to 2.13%. Amidst stable domestic demand and expanding exports, concerns over rising costs and geopolitical tensions loom. With cautious business investments and the global economic climate’s uncertainties, Taiwan navigates through challenges towards growth.

Stay updated on Taiwan’s impending water price hike and strategies for conservation amid concerns of increased charges for high water users. Learn about potential adjustments in tariffs, efforts to mitigate impacts on large enterprises, and the importance of balancing water resource management with economic sustainability.

Taiwan’s export performance reached a historic high from 2021 to 2023, but experienced a 9.8% decline in 2023 compared to the previous year, according to the Ministry of Finance. Despite this setback, exports to the U.S. continued to soar with a 49.7% year-on-year increase, while exports to countries covered by Taiwan’s New Southbound Policy also saw significant growth. However, exports to mainland China decreased to 35.2%. Taiwan’s total export tally for 2023 amounted to US$432.48 billion, ranking behind only 2022 and 2021. The demand for communications and electronic products during the pandemic-induced work-from-home trend boosted Taiwan’s exports. The Taiwan Institute of Economic Research predicted significant international trade growth in 2024, which would benefit export-oriented economies like Taiwan. In December 2023, Taiwan’s exports to the U.S. reached $8.49 billion, and exports to southern countries surged by over 50%. However, due to the limited coverage of free trade agreements (FTAs), many traditional Taiwanese industries chose to restructure risks and production in Southeast and South Asia. The return of Taiwanese businesses and the expansion of local factories after the U.S.-China trade war, as well as global economic circumstances, significantly impacted the decline in 2023 exports. The Directorate General of Budget, Accounting and Statistics (DGBAS) estimated the first-quarter export volume for 2024 to be around US$106.1 billion, which is an improvement compared to the same period in 2023, but a 10% decrease from 2022.

The upcoming Taiwan presidential election is expected to have a significant impact on the country’s economic growth, according to a research report by France’s Natixis Corporate and Investment Banking company. The report suggests that regardless of the election outcome, Taiwan is poised for economic growth, with the consumer and tech industries leading the way. The research predicts that economic growth could increase from 1.2% in 2023 to 2.9% in 2024. While candidates share similar social and labor policies, the report highlights the major differences in their positions on industrial and energy areas, as well as Taiwan’s economic relationship with China. The report also mentions the potential role of Taiwan People’s Party (TPP) candidate Ko Wen-je in triggering legislative instability. The incumbent Democratic Progressive Party (DPP), leading in polls, is expected to continue pushing for diversified trade and investment policies, shifting focus from China to the U.S. and other Asian regions. However, achieving these targets may be challenging as Taiwan has missed out on regional trade and economic agreements such as RCEP, CPTTP, and the U.S.-led IPEF. If the Kuomintang (KMT) wins the election, they might seek closer trade and investment links with China by expanding the Economic Cooperation Framework Agreement (ECFA), according to Natixis.

Taiwan’s investment in China has reached its lowest point in a decade, making up just over 10% of the island’s total overseas direct investment, according to a report by Nikkei Asia. Recent official data from Taiwan reveals that foreign direct investments surged by 87% to reach $257 billion through November this year. However, investments in China plummeted by 34% to only $29 billion, representing a mere 12% of the total. Since 2010, Taiwanese investments in China have been steadily declining and are projected to drop below the lowest point recorded since 1999. In contrast, investments in the United States have increased ninefold to $96 billion, accounting for around 37% of the total outbound direct investment. Additionally, Taiwan’s direct investment in Germany has soared 25-fold to $39 billion, largely driven by the operations of Taiwan Semiconductor Manufacturing Company. Sun Ming-te, Director of the Business Development and Research Center at the Taiwan Institute of Economic Research (TIER), predicts that if tensions between the United States and China persist, Taiwan’s investment in China will continue to decline.

The Taiwan Higher Education Union (THEU) has criticized the government for playing a false game with wage increases. While civil servants, including military and education personnel, are set to receive a 4 percent pay increase next year, over 21,000 technical and administrative staff at universities, about 70 percent, remain unsure of their raises. This uncertain group includes employees at private universities. The THEU believes that the government should not leave salaries of non-certified staff to the discretion of universities, as it causes division and lowers morale. Only around 9,000 public employees out of the approximately 31,000 full-time staff members at universities and colleges are certain about their pay rise next year. The THEU is concerned that the hardships of grassroots workers in tertiary education institutions are being overlooked amidst the upcoming presidential elections. They urge that national wage increases should apply to all university staff, with appropriate subsidies provided.

China has announced the suspension of preferential tariffs on certain products under the Economic Cooperation Framework Agreement (ECFA), potentially impacting cross-strait trade. Li Zhenguang, deputy dean of the Taiwan Research Institute at Beijing Union University, suggests that this move could lead to the complete termination of the ECFA, creating uncertainty for the future. Tang Yonghong, deputy director of the Taiwan Research Center at Xiamen University, considers the suspension to be moderate and emphasizes that China will respond with corresponding measures if Taiwan imposes trade bans or limitations. The development of cross-strait trade is contingent on the relationship between the two sides, with trade being affected if relations become confrontational. China’s suspension of tariff concessions for 12 imported items is seen as a warning to Taiwan in defense of the ＂1992 Consensus,＂ indicating China’s unwavering stance on cross-strait relations.

National Yang Ming Chiao Tung University (NYMCU) has partnered with the American Climate Club (ACC) to establish the American Taiwan Climate Club. This collaboration aims to contribute to the global net-zero carbon emissions target by 2050. The two institutions have signed a memorandum of understanding (MOU) to develop international carbon standards and propose a white paper on environmental, social, and governance (ESG) policies. NYMCU is committed to raising global citizens with sustainability awareness and plans to integrate the 17 Sustainable Development Goals into its academics and research. The partnership also has the potential to pave the way for Taiwan’s engagement in international carbon trading and promote green economic growth. The American Climate Club, registered in Texas, collaborates with government agencies, carbon reduction technology firms, carbon quality monitoring, carbon asset services, and climate and carbon finance funds. The newly formed American Taiwan Climate Club will focus on climate education, international cooperation, carbon project investment, carbon advisory services, and policy research to strengthen climate protection efforts.

Taiwan aims to leverage its information and communication technology (ICT) and semiconductor industries to gain a competitive advantage in international markets. The Ministry of Economic Affairs Minister, Wang Mei-hua, witnessed the signing of a memorandum of understanding between the Taiwan Association of Information and Communication Standards (TAICS) and the 5G Alliance for Connected Industries and Automation (5G-ACIA), signaling a new era of cooperation. With the global smart manufacturing market projected to reach US$140 billion by 2030, Wang believes Taiwan is well-positioned to integrate 5G into smart factories due to its existing experience and infrastructure. Taiwan aims to align its 5G application standards with global benchmarks and contribute its knowledge to international organizations. The Ministry of Economic Affairs is supporting the Industrial Technology Research Institute (ITRI) in developing new technologies and collaborating with Taiwanese companies to establish a voice within the global 5G community through 5G-ACIA. This strategic partnership is expected to position Taiwan as a leader in next-generation industrial technology and solidify its role in the information and communication technology sector on the global stage.

The Taiwan Research Institute (TRI) reports a decrease in electricity demand in September, following the end of the summer peak period for consumption. The TRI’s October Taiwan EPI shows a 0.16% growth in high voltage electricity usage across national industries compared to the same period in 2022. However, this growth is smaller than the increase seen in September. TRI President Wu Tsai-yi attributes the deceleration in economic growth to global inflation, interest rate hikes, and ongoing geopolitical crises. Despite these challenges, the domestic electronic technology industry has experienced successful inventory turnover due to the rise of AI applications, the launch of new consumer electronics, and stockpiling for the end-of-year shopping season. With sustained private consumption momentum and negative economic growth factors in the fourth quarter of 2022, a significant increase in economic growth to 4.4% is estimated for October. Wu predicts a gradual return to normalcy for global economic and business activities as the effects of inflation and interest rate increases diminish.

The Taiwanese government is taking preemptive measures to achieve its goal of net-zero emissions by 2050. Premier Chen Chien-jen highlights the importance of a talented workforce and enhanced research in guiding industries towards a green energy transition. The government is also focused on strengthening strategies and providing better services for domestic industries. The National Development Council is actively removing obstacles to land acquisition for overseas businesses returning to Taiwan. The Ministry of Economic Affairs has proposed a plan to increase water supply capacity and promote the use of reclaimed and desalinated water. Additionally, the MOEA is investing in renewable energy infrastructure, particularly in solar and offshore wind power, with the aim of establishing high-performance offshore wind ports.

Taiwan’s Ministry of Economic Affairs (MOEA) refutes Taiwan People’s Party (TPP) presidential candidate Ko Wen-je’s critique of the government’s photovoltaic policy. Ko had visited Tainan earlier in the day, criticizing the Democratic Progressive Party (DPP) for prioritizing anti-nuclear sentiments over responsible photovoltaic energy development.

The Taiwan Institute of Economic Research released its Manufacturing Purchasing Managers’ Index (PMI) report for March on Wednesday (May 3), revealing a decrease in the overall manufacturing PMI signal value from 10.97 in February (revised) to 10.41 in March.

Global inflation, soaring interest rates, the ongoing Russian-Ukrainian War, and the slowdown of China’s economy are leading factors in why Taiwan is seeing low export numbers in the 4th quarter of 2022.

根據美國全國經濟研究院(National Bureau of Economic Research)發表的報告，要判斷一個人的收入高低，可以看他是否擁有iPhone，藉此推斷使用者屬於高收入族群的準確率有69%。這份2016年的研究報告在論壇批踢踢上被貼出後，引起眾多網友瘋狂吐槽。

研究發現人類智商正退化中？挪威費雪經濟研究中心(Ragnar Frisch Centre for Economic Research)日前發布一項研究，顯示人類智商正逐年下滑，且時間已持續數十年之久，科學家推斷這恐怕與現代人生活方式改變有關聯。