Taiwan’s economy entered 2015 on a high after coming off a year of resurgence in tech exports. As first half numbers come in now, however, the economy looks set to miss nearly all of its targets. At the beginning of the year, Taiwan’s Directorate General of Budget, Accounting and Statistics (DGBAS) forecast GDP growth at…
Despite Export Drop, Growth Remains Steady The Taiwan economy saw declines in March in everything from housing sales to inflation to unemployment and exports. One thing that didn’t decline, however, was the economic growth forecast. The Chung-Hua Institution for Economic Research (CIER) raised its forecast for GDP growth in 2015 from 3.5% to 3.56%, based…
The New Year Brings some positive news. While no one seems able to agree on whether the new Chinese year is the Year of the Sheep or the Goat, the Taiwan economy broadly speaking bears more resemblance to a charging Ram. The Taiwan economy beat most growth forecasts in 2014 to come in at 3.74%,…
