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Consumer confidence at 10-month low, survey finds

Consumer confidence this month softened to a 10-month low and might drop further next month as domestic COVID-19 infections spike and stock routs deepen, a survey released yesterday by National Central University found.
According to the survey which collected 2,776 valid responses from adults by telephone last week the consumer confidence index lost 0.47 points to 71.77, the third consecutive month of declines and the lowest level since July last year, mainly weighed down by poor investment sentiment.
With foreign and domestic institutional players cutting holdings of local shares, taking their cue from an ongoing correction in global tech stocks, ....

Kao Hsiung , Dachrahn Wu , Wu Ming Huei , National Central University , National Development Council , Research Center , Taiwan Economic Development , Taipei Neihu Technology Park , Crystal Hsu , Neihu Technology Park , The Taipei Times ,

Business monitor remains 'yellow-red,' suggesting a near-booming economy

The government’s business climate monitor last month remained “yellow-red,” as imports of machinery equipment and manufacturing sales slackened somewhat, the National Development Council (NDC) said yesterday.
The overall score of all constituent readings shed two points to 34, showing that the nation’s economy remains vibrant, although the pace of growth lost some momentum, NDC research director Wu Ming-huei (吳明蕙) said.
The council uses a five-color system to depict the nation’s economic state, with “green” indicating steady growth, “red” suggesting a boom and “blue” signaling a recession. Dual colors indicate a shift to a stronger or weaker state.
“I am confident that Taiwan’s GDP ....

Hualian Xian , Wu Ming Huei , Taipei Nangang Exhibition Center On , National Development Council , Crystal Hsu , Taipei Nangang Exhibition Center , The Taipei Times ,

Taiwan ships public donations to Slovakia for Ukrainian refugees

Taipei, March 17 (CNA) A batch of supplies donated by the Taiwan public for Ukrainian refugees was shipped to Slovakia on Thursday for distribution to people there who have fled Ukraine amid an invasion by Russian forces, according to the Ministry of Foreign Affairs (MOFA). ....

T Ai Pei , Wu Ming Huei , Cyryl Kozaczewski , Martin Podstavek , Joseph Wu , Joseph Yeh , Service Point At Taoyuan International Airport , Ministry Of Foreign Affairs , Taoyuan International Airport On , Ministry Of Foreign Affairs Photo , Foreign Affairs , Service Point , Taoyuan International , Polish Representative , Taiwan Cyryl Kozaczewski , Slovakia Representative , Taiwan Martin Podstavek , Taoyuan International Airport ,

Business climate gauge dips slightly

The government’s business climate monitor remained “yellow-red” in January, suggesting the nation’s economy was still strong, although it slightly lost momentum, the National Development Council (NDC) said yesterday.
The total score of all constituent readings was 36, down 2 points from a month earlier, as the TAIEX and business confidence softened a bit, the council said.
The local bourse swung wildly in January amid heightened geopolitical tensions and unease over interest rate hikes by major global central banks, NDC research director Wu Ming-huei (吳明蕙) said.
The council uses a five-color system to depict the nation’s economic state, with “green” indicating steady growth, “red” ....

T Ai Pei , Wu Ming Huei , Ann Wang , National Central University , National Development Council , Crystal Hsu , The Taipei Times ,

Shortages nudge business index toward yellow zone

The government’s business climate monitor last month turned “yellow-red,” ending nine months of a booming “red” indicator, as persisting component and materials shortages constrained industrial production, the National Development Council (NDC) said on Thursday.
“Economic fundamentals remain healthy overall despite the change in the climate signal,” NDC research director Wu Ming-huei (吳明蕙) said, adding that the score stood at 37, identical to the revised value for November last year.
The council uses a five-color system to describe the nation’s economic state, with “green” indicating steady growth, “red” suggesting a boom and “blue” signaling a recession. Dual colors indicate a shift to a ....

Wu Ming Huei , National Development Council , Crystal Hsu , The Taipei Times ,