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Taiwan’s real economic growth rate forecast raised to 3.88%
Discover the latest insights from Academia Sinica’s 2024 Taiwan Economic Forecast, highlighting a 6.56% GDP growth driven by global trade and tech demand. Learn about consumer trends, investment shifts, and future projections amidst uncertainties.2024/07/31 18:10 -
LINE Bank survey reveals Taiwanese digital financial trends
a comprehensive survey on digital financial trends in Taiwan, conducted by LINE Bank, Schroders, and National Chengchi University. Learn about Taiwanese citizens’ investment habits, preferences for stable cash flow over retirement savings, and the rise of digital investing among 20 to 50-year-olds.2024/07/12 21:00 -
Taiwan’s economy glows green for stability in February: NDC
Taiwan’s NDC reports economic stability with a green light status for February, driven by production and export improvements linked to AI themes. Officials anticipate continued growth in March, citing positive trends in manufacturing, consumer confidence, and foreign trade. Investment in emerging technologies and R&D, along with steady public investment, are expected to sustain momentum.2024/03/28 17:54 -
Taiwan’s economic shows stability: NDC
Stay updated on Taiwan’s economic progress as the National Development Council reports a stable outlook for January 2024. Economic indicators show positive trends in production, investment, sales, and finance, signaling continued recovery. Follow the transition from recession to a transitional economy in key sectors, reflecting a promising shift in Taiwan’s economic landscape.2024/03/04 18:06 -
Workers anticipate year-end bonuses as Lunar New Year nears
As the Lunar New Year approaches, Taiwanese employees await their year-end bonuses, a significant indicator of corporate success and economic health. The bonuses, reflecting the highest salaries in eight years, vary across industries, with a focus on financial planning and investment.2024/02/02 17:00 -
Taiwan shifts investment focus from China to U.S., Germany
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.2023/12/30 20:15