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Taiwan central bank upgrades economic growth forecast, stands pat on rates marketscreener.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from marketscreener.com Daily Mail and Mail on Sunday newspapers.
Taiwan is "cautiously optimistic" about resuming stalled high level trade talks with the United States this year, a senior official said on Thursday, after U.S. Secretary of State Antony Blinken signalled a possible resumption. Taiwan has long angled for a free trade deal with the United States, but trade and investment talks between the two have been stalled since the Obama administration. A senior official at Taiwan's Economy Ministry told Reuters they hope to resume the Trade and Investment Framework Agreement(TIFA) talks this year. ....
TAIPEI Taiwan’s economy is expected to grow 5.46% in 2021, the statistics agency said on Friday, upgrading a previous forecast of 4.64% predicted in February… ....
Message : Required fields TAIPEI (Reuters) - Taiwan s economy will grow at its fastest pace in more than a decade in 2021, the statistics office said on Friday, upgrading its outlook as a strong rebound in exports helps the island even as it deals with a spike in COVID-19 cases. Gross domestic product (GDP) is expected to expand 5.46% this year, the Directorate General of Budget, Accounting and Statistics said, up from a forecast made in February for 4.64% growth, which would be its fastest since 2010 s 10.25%. The revision came as the statistics office more than doubled its export growth forecast for this year, with global demand for the island s technology products buoyed by a work-from-home boom during the COVID-19 pandemic. ....