11318
Taiwan Growth Forecast at 3.78%
World Economy

Taiwan Growth Forecast at 3.78%

 The Directorate General of Budget, Accounting and Statistics (DGBAS) on Monday raised its economic growth forecast for Taiwan in 2015 to 3.78%, CAN reported. The latest forecast is 0.28 points higher than the previous projection of 3.50% made in November 2014. Taiwan’s economic growth in the fourth quarter of 2014 was 3.35%, 0.18 points higher than originally estimated in January 2015, according to the DGBAS. Gordon Sun, director of TIER (Taiwan Institute of Economic Research) warned that there are still uncertainties in Taiwan’s trade and export outlook over 2015 because of weak demand in Europe and China.

Short URL : http://goo.gl/zNQ8QL

You can also read ...

All three sides can’t agree on a few key issues.  Top of the list: The manufacturing of cars.
No meaningful progress is being made in NAFTA trade talks...
IMF Cautions Kenya on Rising Debt
The International Monetary Fund has cautioned that Kenya’s...
The rules say that EU countries should have budget deficits below 3% of GDP and public debt below 60% of GDP.
National budgets of six eurozone countries may break the...
AT&T-Time Warner Merger Case Politically Motivated
The US Justice Department’s lawsuit to block AT&T’s $85...
Credit Tightening Dominoes Threaten Asia With Hidden Risks
With Asia’s economies humming along, consumer prices rising...
Gold Inches Up as Dollar Dips
Gold prices crept up on Wednesday amid a softer dollar, with...
Mexico Boosts Minimum Wage
The bittersweet news for Mexico’s poorest workers: the...
UK Slashes Growth Projections
Britain slashed its official projections for economic growth...

Trending

Googleplus