Forward-looking‧Professional‧International 
November 2010  
TIER: Both manufacturing and service sectors saw contraction in September figure
Amid better business prospect for the next 6 months
Taiwan’s external sector continues to outperform market expectations. Exports saw an eleven month year-on-year rebound in September with exports increased by some 17.5% or USD 22.40 billions. Imports for September reflected the increase in export demands as well as new domestic investment initiatives, which increased by 25.0% year-on-year, or USD 20.63 billions. With the imports in rebound, trade surplus for September saw a 31.0% year-on-year decline, or USD 1.77 billion. Cumulative export data for the first nine months of 2010 saw an increase of 40.6% YoY, or USD 202.25 billion, with a cumulative trade surplus of some USD 18.25 billion, USD 3.99 billion less than the same period in the previous year. As the world economy enters its correction stage, trade figures for Taiwan is likely to moderate its growth momentum. ...Read more
Taiwan moves up 13 places in World Bank’s business environment rating
In “Doing Business 2011”, the World Bank has upgraded Taiwan's business enviornment to the 33rd in the world. The improved raking is mainly due to a few changes in the criteria used by World Bank. The World Bank compares 183 economies in nine different areas: starting a business, dealing with construction permits, registering property, getting credit, protecting investors, paying taxes, trading across borders, enforcing contracts and closing a business. The "Doing Business 2011" report also says Taiwan has carried out regulatory reforms in the past year that made it easier to start a business, leading to a five-notch rise to 24th in the category.

TIER upgrades its 2010 GDP forecast
The Taiwan Institute of Economic Research (TIER),a private think tank in Taiwan, upgraded its forecast for Taiwan’s economic outlook for 2010, from 5.93% to 8.91 %. According to TIER, the Taiwanese GDP this year has grown 8.91% from the previous year. The TIER expects growth for 2011 to moderate at around 4.12%, a construction of 4.78 percentage point from its 2010 figure.


The Council for Economic Planning and Development (CEPD) hosts the APEC Ease of Doing Business Action Plan in Taipei
The Executive Yuan approves the Action Plan for Development of the International Logistics Services Industry with a total investment of NT$101.1 billion
The Taoyuan International Airport has been formed from the Government's arm to a corporatised enterprise
Taiwan and Germany both agree to waiver their value-added business tax (VAT)
Taiwan Economic Research Monthly
Taiwan's sustainable development strategy of low-carbon policy
Analysis of current carbon emissions condition in Taiwan
Energy demand outlooks for the steel and petrochemical industries in Taiwan
Outlooks of solar power system devices for the future
Promoting electric vehicle, a global prospect and outlook
Introduction of biomass power generation technology in Taiwan
Economic impacts on micro grid technology to Taiwan
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