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TIER reports robust outlook for 2008 |
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A healthy 4.29% growth is expected for Taiwan in its latest forecast |
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Despite the burgeoning US economic slowdown, the Taiwanese export in December remains robust. Exports grew by 19.8% year on year (YoY) in December, reaching USD 23.48 billion. Although export figure remains upbeat, figure for trade surplus is overcastted by a surging import growth. With a 27.5% growth, trade surplus in December shrunk to USD 2.2 billions, or a 24.2% decline year on year...Read more
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