Taipei, Oct. 16 (CNA) A resilient domestic economy and the Taiwan government's support of the local semiconductor industry are factors that have contributed to the country's strong per capita gross domestic product (GDP), experts said Sunday.
Taipei, Aug. 6 (CNA) Multiple Taiwanese companies have been told to comply with Beijing's rule on labeling for goods imported to China or risk having them be confiscated by China's customs agency, Taiwan's Ministry of Economic Affairs (MOEA) said late Friday night.
Before the first weekend in July, Huang Meng-feng of Taipei drove the entire north-to-south length of Taiwan so his children could romp through the sand at Little Bay, a warm-water swimming beach in the resort township of Kenting.
Weakening demand due to inflation in the US, which hit a 40-year high last month, but is expected to slow down gradually, could affect Taiwan’s exports of consumer electronics in the second half of this year, an economist said on Thursday.
The US consumer price index (CPI) soared 9.1 percent last month from a year earlier, the biggest annual increase since November 1981.
While US inflation is likely to slow down, the likelihood that CPI growth this month would remain above 8 percent is high, said Dachrahn Wu (吳大任), director of National Central University’s Research Center for Taiwan Economic Development.
Moreover, with
Taipei, July 14 (CNA) Weakening demand due to inflation in the United States, which hit a 40-year high in June but is expected to slow down gradually, might affect Taiwan's exports of consumer electronics products in the second half of this year, a local expert said Thursday.