These are in-depth pre- and post-show reports on major international trade fairs, held in Taiwan and other countries with significant participation by Taiwanese manufacturers and exporters. They are offered to help global buyers and other readers better understand what is going on at the fairs and the latest offerings by Taiwanese exhibitors.
Fueled by the robust electronics and chemical industries, Taiwan’s industrial production index (IPI) grew 6.49 percent year on year (YoY) to 111.56 in March, according to the latest report issued by Ministry of Economic Affairs (MOEA). Meanwhile the report shows the index of production output by Taiwan’s four mainstay manufacturing industries, which include, according to the government, inform...
Impacted by the typical wave of Taiwanese employees looking for greener pastures after the Chinese New Year break, Taiwan’s unemployment rate in March inched up to 3.72 percent from 3.69 percent as seen in February, but still hitting a 15-year nadir for the month, according to the latest report issued by the Directorate-General of Budget, Accounting and Statistics (DGBAS). DGBAS notes that an ...
Taiwan’s yacht industry chalked up a 13.16 percent yearly growth in exports of US$172 million in 2014, the first double-digit growth in the past five years to indicate an encouraging turnaround since the global yacht market began to sour amid the aftermath of the global financial meltdown in 2008, according to the latest statistics compiled by Taiwan Yachts Industry Association (TYIA). TYIA no...
Mainly dampened by weak international crude oil prices that hover around US$50 a barrel, coupled with growth slowdowns in exports by Taiwan's electronics suppliers, Taiwan’s overall exports plummeted 8.9 percent year-on-year (YoY) to only US$25.27 billion in March, stirring fears that the island’s 2015 exports may fail to grow as high as 1.03 percent YoY as forecast by the government, according t...
Affected by fewer working days throughout February due to the Lunar New Year break, alongside impacts of recently new lows in crude oil prices on local mining, petroleum and plastic industries, Taiwan witnessed its exports in the month drop by 6.7 percent year-on-year to US$19.86 billion, dragging down the total for the first two months to only US$44.98 billion, 1.3 percent less than the same per...
Fewer working days in February due to the timing of the Lunar New Year holiday contributed to a 16.3% fall in taxes collected in Taiwan during the month. The NT$57.1 billion (US$1.81 billion) received was NT$11.2 billion (US$355.56 million) less than the same month last year, the Ministry of Finance (MOF) reported. Separately, income tax collected from profit-oriented enterprises amounted to...
Seemingly immune to seasonal factors, Taiwan’s export orders in January grew 8 percent year on year (YoY) to US$39.04 billion, the highest January record in history, according to the latest statistics compiled by Ministry of Economic Affairs (MOEA). Additional good news for Taiwan’s export-driven economy is that monthly export orders have continuously shown stable yearly growth for 12 months i...
Mainly driven by robust service sectors in Taiwan likely due to rising tourist arrivals from China, Japan, S. Korea, manpower demand of Taiwanese enterprises in Q2, 2015 is estimated to increase 45,063 people relative to that in Q1, the strongest increase for the quarter in history, as shown by the latest survey conducted by Ministry of Labor (MOL). The survey polled local enterprises with pay...
Following over five decades of development, the yacht building industry in Taiwan has established a solid name among professional buyers and yacht owners throughout the world, helping the island retain its crown as Asia's biggest producer of yachts 80 feet and longer in 2015. The latest news report from the ShowBoats International, a global yacht publication, shows that Taiwan is set to rank a...
With international crude oil prices having fallen to record lows since the 2008 financial meltdown and a major news channel reporting per barrel price may dip to US$20, Taiwan’s GDP in 2015 is forecast to grow by around 4 percent, an equivalent of some NT$160 billion (US$5.08 billion), over 2014, according to the Directorate General of Budget, Accounting and Statistics (DGBAS). DGBAS officials...
