August 2020  
Gradual recovery of world demand due to lockdown lifted
TIER's three composite indicators rise simultaneously and consecutively
The world demand has recovered somewhat as the United States and European economies s and imports from January 1st till June 3oth of 2020 grew by 0.52% and -0.37% compared with the same period of previous year. The trade surplus during the period stood at US$ 21.35 billion or increased by 6.59% on the year-on-year basis.
Taiwan's consumer price index (CPI) decreased by 0.76% in June 2020 compared with the same month of previous year due to the still decreasing global crude oil and commodity prices. The core inflation rate excluding prices of the energy and food increased by 0.13% in June 2020. In addition, the wholesale price index (WPI) decreased by 10.36% in June 2020 on the year-on-year basis due to the fact that commodity prices dropped continuously. On the cumulative and year-on-year basis, Taiwan's CPI and WPI from January 1st till June 30th of 2020 drop by 0.22% and 8.20% respectively.
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Cable TV operators see subscriptions drop
More households nationwide have cut the cord in the past six months as the number of cable TV subscribers in the second quarter dropped 2.55 percent to about 4.91 million, National Communications Commission (NCC) data showed in August. Cable TV operators must regularly report how many subscribers they have to the NCC, as required in Article No. 24 of the Cable Radio and Television Act, the commission said, adding that it would compile the quarterly reports and post them on its Web site.(source: Taipei Times)

Chinese Taipei and Indonesia Accelerate Women Entrepreneurship through Virtual Workshop (Source: MOEA)
Taiwan Economic Research Monthly
The opportunity for Taiwan's SMEs linking with key markets
Advancing to the Malaysian food market
Malaysia’s food industry is dominated by the SMEs, and its halal food is widely trusted by Muslim customers. The high quality of Taiwan’s food should be introduced to Malaysian local market as well as share the market of global halal food market through Malaysia’s excellent brand image of halal food. This article will briefly introduce the local food market in Malaysia, the popular demands and needs of local consumers, so as to analyse the expansion of the Taiwanese products in local exports and investment.
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