Latest Breaking News On - Wu chung shu - Page 1 : comparemela.com
Academia Sinica yesterday called on the central bank to adjust its longstanding policy of keeping interest rates low and local currency exchange rates weak, which has contributed to national economic stagnation and excessive liquidity.
The Taipei-based research body made the appeal at a news conference after releasing recommendations on how the monetary policymaker can enhance stabilization of Taiwan’s currency market and banking institutions.
“Taiwan’s economic and financial development shows stagnation and suggests significant need for reform,” the report said.
The central bank in the past year has met its goal of stabilizing the local currency and financial system, but has ignored enhancing liquidity
Taipei
T-ai-pei
Taiwan
National-chengchi-university
Lee-wen-chieh
Wang-shinn-shyr
Wang-ping
Huang-tzu-hsun
Wu-chung-shu
Bloomberg
Academia-sinica-institute-of-economics
Taiwan-institute-of-economic-research
The nation’s manufacturers and service providers expect business to improve in the second half of this year after reporting lackluster sales and profits in the first half due to the COVID-19 pandemic and global inflation, the Chung-Hua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday.
The Taipei-based institute said that 57.1 percent of manufacturers expect business to improve, while the rate was 58.7 percent for non-manufacturing companies.
The results of the twice-yearly survey came after the official manufacturing purchasing managers’ index disappointed by shedding 13.9 points for the past six months to 46.7, slipping into contraction territory, it said.
The profitability measure
China
Taipei
T-ai-pei
Taiwan
Russia
Ukraine
Chang-chuang
Wu-chung-shu
Taiwan-academy-of-banking
Chung-hua-institution-for-economic-research
Crystal-hsu
vimarsana © 2020. All Rights Reserved.