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NEWS TAGGED ECONOMY
Friday 25 June 2010
Taiwan central bank raises benchmark interest rate
The Central Bank of the Republic of China (CBC) has announced a 0.125 percentage point hike in its discount rate, bringing its benchmark interest rate on loans to banks to 1.375%,...
Monday 14 June 2010
South Korea exported US$300 million worth of smartphones, says Ministry of Knowledge Economy
South Korea's smartphone exports topped US$300 million in May 2010, up 135% on year, according to the Ministry of Knowledge Economy.Overall handset exports however, declined by 29.8%...
Friday 28 May 2010
IC distributors to see slight setback in May revenues
Taiwan-based IC distributors are expected to see revenues decline slightly in May 2010 as compared to the previous month as demand for IC parts from PC ODMs has been weakened by the...
Tuesday 2 March 2010
Taiwan manufacturing sector sales value down 16.82% in 2009
Taiwan's manufacturing industries generated total revenues of NT$10.341 trillion (US$315 billion) in 2009, down 16.82% from 2008, according to the Ministry of Economic Affairs (MOE...
Tuesday 23 February 2010
Taiwan forecasts 4.72% economic growth for 2010
Taiwan's annual economic growth rate hit the historically lowest level of -1.87% in 2009 but will swing to 4.72% in 2010, according to government projection released by the Directorate-General...
Tuesday 23 February 2010
Taiwan is on road to economic recovery, says premier
Taiwan's total tax revenues of NT$116.0 billion (US$3.63 billion) in January 2010 grew by 56.5% on year and its estimated year-on-year economic growth of 9.22% for the fourth quarter...
Wednesday 9 December 2009
Taiwan exports back on growth track in November 2009
Taiwan's exports rose 19.4% on year to US$20.02 billion in November 2009, following drops over the previous 14 months, according to data released by the accounting department of Taiwan's...
Friday 27 November 2009
Taiwan forecasts 4.39% economic growth for 2010
Taiwan's economy is expected to grow 4.39% in 2010, according to the government's Directorate-General of Budget, Accounting and Statistics (DGBAS).
Monday 26 October 2009
China chip sales to rebound in 2010, says iSuppli
Following a decline in 2009, the China semiconductor market is expected to rebound vigorously in 2010 as exports of electronic products recover from the global economic crisis, according...
Tuesday 25 August 2009
Taiwan unemployment rate hits record at 6.07% in July
Taiwan had 663,000 jobless citizens in July 2009, equivalent to a record unemployment rate of 6.07%, according to statistics released by the Directorate General of Budget, Accounting...
Monday 24 August 2009
Taiwan economy improves in 2Q09, says government
Taiwan's GDP slipped by 7.54% on year in the second quarter of 2009, less than the decrease of 10.13% for the first quarter, according to statistics released by the government Directorate...
Tuesday 18 August 2009
Global LCD TV shipments expected to increase 10-15% in 2010
Global LCD TV shipments are estimated to increase 10-15% to 155 million units in 2010 amid a gradually recovering global economy, according to market sources.
Wednesday 29 July 2009
Taiwan industrial output drop narrows in June
Taiwan's industrial output slid 11.35% on year in June, representing the smallest drop over the previous nine months, according to Taiwan's Bureau of Foreign Trade (BOFT) of the Ministry...
Wednesday 8 July 2009
Taiwan sees exports recover in June
Taiwan's exports in June grew 4.8% sequentially to an eight-month high of US$16.95 billion, although the figures still represented a decline of 30.4% from a year earlier, according...
Wednesday 24 June 2009
Taiwan industrial output continues to drop in May
Taiwan's industrial output slid 18.31% on year in May 2009, following an annual slip of 19.88% in the prior month, according to Taiwan's Bureau of Foreign Trade (BOFT) of the Ministry...
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Samsung expands mobile phone production beyond Asian countries, says DIGITIMES Research
SLMs to increase presence in GenAI business opportunities, says DIGITIMES Research
Generative AI market to reach US$1.5 trillion by 2030 with Taiwan holds hardware advantage; software and services to see promising future, says DIGITIMES Research