Economy likely to grow at 3.59% in 2013.

By bne IntelliNews October 18, 2012
Taiwan's economy is expected to grow at 3.59% next year, as compared to 4.29% forecasted in July. As reported by, the Chung-Hua Institution for Economic Research (CIER) stated that the country was expected to rebound in the fourth quarter of this year, under current conditions. The Gross Domestic Product (GDP) is expected to increase 1.42% in the third quarter and 4.26% in the fourth quarter of this year. The retail sales, which account for about 40% of total exports, has been increasing in the last two years, reflecting strong performance of the industry.

Related Articles

Hong Kong's composite interest rate registered 0.25% in February

Hong Kong's composite interest rate declined 3 basis points (bps) registering 0.25% in February this year. As reported by, the decrease in the composite rates was due to the decline ... more

Thailand's government expected to promote export-oriented SMEs.

Thailand's government is likely to offer financial support for export-oriented small- and medium-sized enterprises (SMEs) and the indigenous industry, resulting in an increase in volume and value ... more

Small companies concerned about various government incentive schemes.

Singapore's small businesses are expected to be having concerns regarding the new and diverse government incentive schemes, which were announced in the recent Budget. As reported by ... more

Notice: Undefined index: subject_id in /var/www/html/application/controllers/IndexController.php on line 335