Forward-looking‧Professional‧International 
March 2010  
Service sector tumbles due to market volatility
While manufacturing sentiment continues to edge upward
Taiwan's external sector continues to recover as global outlook improves. Exports in January saw higher export volumes in all its top export categories, however, it is important to note that due to the Lunar New Year distortion, year-on-year data is not comparable. On YoY terms, exports in January went up by 75.8%, or USD 21.75 billions, which saw a new 16 month high. Import figures for January reflected the increase in export demands and saw an 114.7% increase year-on-year, with a trade surplus of USD 2.49 billions. The quantitative easing from the world's major economies is expected to stimulate demand and boost growth. As the world economy stabilises, trade figures for Taiwan is likely to pick up further.
The global economic recovery has also helped to boost industrial production in Taiwan. Fuelled by seasonal factors and lower base-year, Industrial output grew by 69.70% YoY in January. On sequential terms however, industrial output in January fell by 2.37% (MoM) comparing to the previous month.

Among the output categories, the manufacturing sector went up by 77.03%, the mining and quarry sectors went up by 31.90%, the production of electricity and natural gas went up by 14.81% and 2.40% whereas the construction sector contracted by 33.60%. As export begins to recover, we expect industrial output to maintain its growth momentum
...
Read more
Rising awareness on positive buying
An ethical consumerism survey released by MasterCard Corporation shows that over 60% of Taiwanese consumers favoring ethical products, be they fair trade, environmental-friendly, or produced by a socially responsible corporation. The survey also indicates Taiwanese consumers would consider producer’s corporate image while making purchasing decisions.

2010 Global Leaders Forum
The 2010 Global Leaders Forum, co-organized by the Third Wednesday Club and the Chinatrust bank, will take place on April 8th at the National Dr. Sun Yat-sen Memorial Hall. Hosted by the CEO of Chinatrust Financial Holdings, Dr. Jeffery Koo, this year’s forum will invite Michael E. Porter , a globally-renowned business guru on competitive strategy to share his view on Global Economy in Transition: Challenges and Opportunities for the US,Taiwan and China.

Relaxation on "Enforcement Rules of the Nationality Act" for ROC citizenship through naturalization
Expanding Accelerated Examination Program (AEP) to speed up patent examination procedure
Organization reengineering for the Executive Yuan in 2012
Cross-strait financial MOUs marked the first instance of cross-strait cooperation in financial supervision in 60 years
Taiwan ranks the fifth on BERI investment list
Taiwan Economic Research Monthly
Bio-Economy 2030
The key development factors of building up Bio-Economy
Bio-Economy and technology foresight on healthcare
Bio-Economy and technology foresight on agriculture
The Prospect of Taiwan’s orchid Industry
Bio-Economy and technology foresight on animal
The Prospect of Taiwan’s fishery Industry
Bio-Economy and technology foresight on Industrial application
Scenario analysis on Bio-Economy 2030
The policy implications for building up Bio-Economy in Taiwan
Copyright (c) 2008
All Rights Reserved by Taiwan Institute of Economic Research
Email us : gary.chen@tier.org.tw