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TIER: Euro crisis continues to wreck havoc in the financial sector
Businesses remain cautious despite resilient real sector outputs |
| Taiwan’s export remains robust in October despite capital market volatility. Demands for electronics and communication products continue to fuel the export sector with exports grew by 11.7% in October Year-on-Year, or USD 27.03 billion. On sequential basis, October export grew by 3.8% over the previous month. Import growth also remained strong, due to both consumption growth upturn as well as increase in commodity imports. Imports in October grew by 11.8% Year-on-Year with import of consumer goods grew by 20.9% while commodity imports grew by 17.0%. Imports of capital equipments however, contracted by 15.8%, which translate to a total import of USD 23.71 billions in October. While both exports and imports showed robust performances, the surge in imports has at the same time reduced the size of net exports. Trade surplus grew by 11.1% in October Year-on-Year, at USD 3.32 billion. ...Read more |
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| Taiwan’s communications device output is set to top NT$1trillion in 2011 |
| The value of Taiwan’s communications equipment business is expected to top NT$1 trillion (US$33.067 billion) this year on the back of rising demand for smartphones and Internet equipment according to Government report. |
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| Economics Ministry seeks foreign buyers to increase exports |
| In response to the US and European debt crisis, the Ministry of Economic Affairs has launched a program to boost foreign buyers’ interest in Taiwanese products, aiming to generate more than US$1 billion in business for local companies. |
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| Taiwan, China to hasten banks’ access |
| Taiwan and China plan to speed up the approval process for banks seeking to set up operations in each other’s markets, marking a step forward as the two sides deepen financial cooperation. China will allow Taiwanese banks to set up in 21 provinces under a “green corridor” program to fast track approvals. |
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Taiwan Economic Research Monthly
Low carbon emission and sustainable growth, an industrial analytics |
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An analysis of carbon emissions and concentration by industry
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Energy needs and estimates for the electrics and electronics sector
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An Input-Output analysis of the new energy industry
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Carbon capture and storage – strategies and case study
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New urban development trend – low carbon city of the future
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