BY HENRY LAN AND LINDA YANG A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available on Apple Podcasts, Spotify and online, here. Business Sentiment Up Despite Uncertainty The Directorate-General of Budget, Accounting and Statistics (DGBAS) said Taiwan’s 2023 GDP growth could surpass the 2.45% recorded in 2022, in…
BY HENRY LAN AND LINDA YANG A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available on Apple Podcasts, Spotify and online, here. President Tsai Visits U.S. on Transit Trip President Tsai Ing-wen on March 29 embarked on a 10-day trip to Central American diplomatic allies Guatemala and Belize,…
BY JAMES HILL AND LINDA YANG A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available to listen to on Apple Podcasts, Spotify and online, here. CPI and Rents Soar; Manufacturing Down The Consumer Price Index (CPI) grew at its fastest pace in six months in January, climbing 3.04% year-over-year….
BY JAMES HILL AND LINDA YANG A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available to listen to on Apple Podcasts, Spotify and online, here. U.S. and Taiwan Hold Security Talks Minister of Foreign Affairs Joseph Wu and National Security Council Secretary-General Wellington Koo on February 21 met with…
BY JAMES HILL A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available to listen to here. U.S.-Taiwan Trade Talks Continue The United States and Taiwan concluded the second round of trade talks in Taipei between January 14 and 17 as part of the U.S.-Taiwan Initiative on 21st-Century Trade…
BY JAMES HILL A selection of these news stories are also covered in AmCham Taiwan’s Executive Sweet podcast, available to listen to here. Taiwan Economy in Contraction Preliminary government figures for the fourth quarter of 2022 show that gross domestic product fell 0.86% year-on-year (YoY), the sharpest drop since 2009. Explaining the decline, the Directorate-General…
BY HUNG-WEI CHEN AND MAX HAHN KMT Makes Gains in Local Elections The Chinese Nationalist Party (KMT) staged a strong comeback in local elections held on November 26 by taking 13 cities and counties, with the minor Taiwan People’s Party (TPP) winning the key Hsinchu City race. The ruling Democratic Progressive Party (DPP) faced a…
BY HUNG-WEI CHEN AND MAX HAHN Economy Shows Lackluster Growth Taiwan’s economy remained sluggish for the second consecutive month in October, though an index by the National Development Council (NDC) gauging economic conditions rose slightly from September. Taiwan’s industrial production index in October shrank by 3.56% year-on-year. The decrease comes as surging inflation and tightening…
BY HUNG-WEI CHEN AND MAX HAHN Minister Wang Mei-hua Heads Delegation to U.S. A delegation led by Minister of Economic Affairs Wang Mei-hua visited the U.S. October 9-16 to attend the first physical meeting under the U.S.-Taiwan Technology Trade and Investment Collaboration (TTIC) framework, a bilateral platform launched in 2021 to expand bilateral cooperation on…
BY HUNG-WEI CHEN AND MAX HAHN Further Signs of Slowdown Taiwan’s gross domestic product (GDP) grew 4.1% year-on-year in the third quarter of 2022, according to the Directorate-General of Budget, Accounting, and Statistics (DGBAS). The outcome, though a healthy growth rate, was slightly lower than the 4.71% forecast made in August. DGBAS attributed the slowdown…
