tourism consumption 結果共4筆

Discover how the Democratic Progressive Party is supporting Hualien’s recovery from an April earthquake through tourism and local consumption, led by Vice President-elect Hsiao Bi-khim.

Taiwan’s central bank has announced that it will maintain its interest rate for the third consecutive time in its quarterly board meeting. The decision was influenced by price changes and the need to balance stabilizing consumer prices with sustaining economic growth. Despite rising consumer prices due to natural disasters, the central bank remains optimistic and expects the inflation rate to drop below 2% next year. Forecasts for Taiwan’s GDP growth rate in 2023 are more positive, projected to reach 3.12%. This is supported by increasing private consumption, particularly in tourism and dining, as well as the central bank’s expectation of a global export increase to stimulate local investment and drive economic recovery. In contrast to the Federal Reserve in the U.S., Taiwan’s central bank stated that its monetary policy approach would be adjusted gradually based on the country’s economic conditions. Despite high housing prices, the central bank has decided against imposing stricter measures or withdrawing from market intervention to avoid further impact on the property market.

Following the pandemic, Taiwanese travelers have significantly increased their overseas spending, with credit card expenditures reaching new heights. The Financial Supervisory Commission reports a notable surge in tourism consumption, with Taiwanese visitors leading in Japanese spending.

Taiwan’s export industry’s performance this year has yet to see high numbers. However, the Directorate-General of Budget, Accounting and Statistics (DGBAS) estimates that the growth in private consumption will exceed 5%, taking the lead in the country’s economic performance.