Home     About Us     Sitemap             

>  Changhua County to introduce driverless buses powered by green energy                >  EcoMobility World Festival kicks off in southern Taiwan’s Kaohsiung                >  ASUS to recycle 20 percent of its global e-waste by 2025                >  ASUS remains Taiwan’s top global brand                >   TIMTOS 2017 A Record High Exhibition Scale Focusing Industry 4.0                >  AsusTek remains Taiwan’s top global brand                >  Taiwan debuts aerospace tech in Japan                >  TAITRONICS 2016 Showcases Diversified Applications of Smart Technologies                >  Taiwan firm 1st in world to make Gore-Tex under license                >  Taiwan High Speed Rail wins Asia-Pacific smart transport award                >  Taichung to become the capital of smart machinery                >   Taiwan ranked 21st globally in internet speed: report                >  Prezentarea site-ului B2B Taiwan Trade                 >  Invitatie la Targ Computex Taipei, 5 – 9 IUNIE 2018                >  INVITATIE Taiwan International Photovoltaic Exhibition , TIGIS                >  INVITATIE la AQUA TAIWAN – Taiwan International Water Show 2017                >  INVITATIE – TAIPEI PLASCOM 2017                
Taiwan manufacturing registers growth for 2nd straight month
Taiwan Trade Center, Bucharest



On the back of a recovery in global demand, Taiwan's manufacturing sector registered a slight growth for the second consecutive month in November, 2016, improving from the contraction recorded in September, said the Taiwan Institute of Economic Research (TIER), one of Taiwan's leading economic think tanks.
According to a composite index devised by TIER, Taiwan's manufacturing sector for November stood at 11.80 points, up from 11.05 recorded in October. The think tank has also revised upward the index for October from a previous reading of 10.45 points. According to the TIER index, points between 10.5 and 13 signal slight growth, while points below 10.5 signal contraction.
The think tank said that the higher index for November largely reflected rising global demand, which pushed up sales of many export-oriented manufacturers in the month, while an increase in international crude oil prices gave an additional boost to raw material prices and eventually benefited local exporters.
In November, exports rose 12.1% from a year earlier to US$25.34 billion, the highest year-on-year growth in 46 months, government data shows.
Among the 5 sub-indices in the composite index, 3 moved higher and one fell, with one remaining unchanged in November.
The think tank said that as long as global demand continues to improve, Taiwan's manufacturing sector is expected to become stable. It added that in reflection of a booming electronics industry, Taiwan's manufacturing sector is likely to see a slight growth in the first or second quarter of next year.
Source: Focus Taiwan
Lillian Lee (lillianlee@taitra.org.tw)
Taichung World Flora Expo(2017/12/20)
Protocol de Colaborare între Asociația Română pentru Smart City și Mobilitate și TAIWAN TRADE CENTER(2017/12/08)
Changhua County to introduce driverless buses powered by green energy(2017/11/08)
EcoMobility World Festival kicks off in southern Taiwan’s Kaohsiung(2017/10/02)
ASUS to recycle 20 percent of its global e-waste by 2025(2017/07/25)
(C) Taiwan External Trade Development Council, All Rights Reserved.  Powered by
Organized by the Bureau of Foreign Trade (BOFT), Ministry of Economic Affairs of the Republic of China
Implemented by the Taiwan External Trade Development Council (TAITRA)
3F, Chamber 1,Strada Buzesti 62-64, Sector 1,Bucharest, Romania
Tel. : +40 (21) 3119971 Fax : +40 (21) 3119974 E-mail : bucharest@taitra.org.tw