Arab Today, arab today taiwans economy shows more signs of recovery
Last Updated : GMT 15:50:29
Arab Today, arab today
Arab Today, arab today

Taiwan's economy shows more signs of recovery

Arab Today, arab today

Arab Today, arab today Taiwan's economy shows more signs of recovery

Taiwan's economy recovery
Taipei - XINHUA

Improvement in Taiwan's manufacturing, service and construction sectors indicated that the island's economy is continuing to strengthen in July, a report from Taiwan Institute of Economic Research said on Monday.
David S. Hong, chief researcher of the think tank, said Taiwan's exports to the United States, Europe and Asia all rose in July, thanks to a rebounding global economy.
As both external and domestic demands have been gaining momentum, Taiwan's exports increased 2.51 percent from a year ago in the first seven months of this year, with imports growing 2.24 percent, Hong said.
Analysts also raised their forecasts for Taiwan's economic growth in the third and forth quarters to above 3 percent, fueling market optimism across the island, he added.
Data released by the island's economic authorities on Monday brought good news as well. Total sales volume for Taiwan's wholesale, retail and catering sectors increased 0.8 percent to 1.2439 trillion New Taiwan Dollars (about 41.2 billion U.S. dollars) in July from the previous month.
The Industrial Production Index, an indicator to measure the real production output of key sectors, set a new high of 112.26 points in July, with an increase of 4.03 percent from June, the authorities said.
Manufacturing, the index heavyweight, registered a 3.85 percent growth from the previous month, and expanded 5.1 percent year-on-year in the first seven months, according to the statistics.
The economic authorities also predicted a continued growth for the island's manufacturing sector in the third quarter, as advanced economies are on the mend and the Chinese mainland's consumption demand during the upcoming holidays will give Taiwan's economy a further boost.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today taiwans economy shows more signs of recovery Arab Today, arab today taiwans economy shows more signs of recovery

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today taiwans economy shows more signs of recovery Arab Today, arab today taiwans economy shows more signs of recovery

 



Arab Today, arab today Designer Rania Adel reveals her new collection

GMT 17:59 2017 Monday ,12 June

Designer Rania Adel reveals her new collection
Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday