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Uncertainties of trade conflicts provide challenges and opportunities
TIER manufacturing and construction composite indicators continue to hike |
Uncertainties related to the continuing trade conflicts between the US and China has pressured the global growth momentum further. However, certain number of Taiwanese businesses operating in China are planning to move their operations back to Taiwan. As a result, the private capital formation can be the most significant engine driving Taiwan's economic growth for this year and the future.
Taiwan's exports in August 2019 increased by 2.81% compared with the same month of 2018, ended a very brief one-month decrease. The exports to the US market increased by significantly 23.2% y-o-y, whereas exports to China also increased by 1.0% y-o-y ending a 9-month consecutive decline in August. Regarding imports, Taiwan's imports in August 2019 decreased by 3.11% compared with imports in August of 2018. On the cumulated basis, exports and imports from January till the end of August this year gave a trade surplus of US$ 29.60 billion or decreased by 7.96% on a y-o-y basis. ...Read more |
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| Ministry chooses route for high-speed rail extension |
| The Ministry of Transportation and Communications (MOTC) decided on the route to extend the high-speed rail from its southern terminus in Kaohsiung to Pingtung County. The ministry chose the route because, of the four proposals, it would cost the least — NT$55.4 billion (US$1.78 billion) — take the shortest time to build, and affect Kaohsiung residents the least, Deputy Minister of Transportation and Communications Huang Yu-lin said. (Source: Taipei Times) |
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Taiwan Economic Research Monthly
The analysis on the integration of the content industry in digital age |
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The consumer behaviour in digital age
 Under the digital age, the applications of digital technology have changed the way consumers consuming cultural products and service. Take audio and video contents as an example, consumers could only participate in film and television industry through TV or movies and receive one-way messages and contents delivered by the providers. After entering digital age, the internet becomes a new channel to spread cultural contents with the increased internet penetration, higher internet speed and popularisation of personal mobile devices. it is mature gradually with the increased internet penetration, higher internet speed and the popularization of personal mobile devices.
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