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Business gauge shows steady growth - Taipei Times
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Beijing pressing groups to buy Pfizer vaccine
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Component shortage could last through 2022
By Crystal Hsu
and Angelica Oung / Staff reporters
Business tycoons yesterday said that component shortages might persist through next year due mainly to lingering demand-supply imbalances and chaos in the shipping industry.
“It will take a while to resolve ongoing component shortages that have slowed product delivery,” said Rock Hsu (許勝雄), chairman of the Third Wednesday Club (三三會), whose membership is limited to the top 100 firms in each business sector.
Companies would have to exercise caution in dealing with the issue, as it might extend into next year, Hsu said.
Compal Electronics Inc chairman Rock Hsu yesterday in Taipei talks to reporters at a meeting of the Third Wednesday Club, of which he is also chairman.
Stabilize NT dollar, CNAIC urges
TUMULTUOUS YEAR: A strengthening NT dollar poses additional challenges to firms already contending with the pandemic and US-China trade tensions, it said
By Crystal Hsu / Staff reporter
A trade group yesterday called on the government to stabilize the local currency, saying a strong New Taiwan dollar against its US counterpart would erode corporate profitability and undermine the nation’s exports.
Taipei-based Chinese National Association of Industry and Commerce (CNAIC, 工商協進會) chairman Lin Por-fong (林伯豐) pleaded with policymakers to give serious thought to the health of local enterprises while they seek to avoid currency manipulation charges from the US.
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