September 2017  
Plethora of indicators support the global recovery
TIER's manufacturing and service composite indicators rally in unison
Plethora of economic indicators have showed an optimistic outlook for the world economy. In spite of the continuously mounting leading indicators as well as purchasing managers' indices, world major forecasting agencies adjusted the growth ratios of the world and major economies. Improving global conditions help fuel Taiwan's industrial production and exports. Accordingly, the manufacturing and service composite indicators issued by the Taiwan Institute of Economic Research (TIER) increased at the same time signaling a rather expectant stance. ...Read more
Taiwan looks to start EPA talks with Japan
Taiwan plans to continue its efforts to forge an economic partnership agreement (EPA) with Japan by using a “building block” approach, a top Taiwan-Japan Relations Association official said in September. The two nations have been moving step by step toward talks on a bilateral EPA, said Chang Shu-ling (張淑玲), secretary-general of the Taipei-based Taiwan-Japan Relations Association. The two sides have made great strides in terms of cooperation, entering into a bilateral investment agreement in 2011 and a pact in 2015 to avoid double taxation, Chang said. They also agreed in November 2013 to set up the Taiwan-Japan Economic Partnership Committee as a platform for discussing economic, trade and investment issues, she said. Using that platform, the two nations are to continue to push toward EPA talks, but have not yet set a timeline for signing such an agreement, Chang said. In the middle of November, Taiwan and Japan are scheduled to discuss economic and trade issues at an annual meeting in Tokyo and are expected to sign a series of agreements to advance cooperation in those areas. (Source: Taipei Times)

2nd Taiwan-Germany Smart Machinery Forum (Source: MOEA)
Taiwan Economic Research Monthly
Grasp the key development period for Taiwan's Cultural and Creative industries in next 4-8 years
From UNESCO's perspective, cultural consumption is a part or a form of participating in culture, and is divided into active and passive participation. This article is to discuss the active and passive in cultural participation. Setting Taiwan’s expenditure on cultural consumption as a benchmark is to compare Taiwan's, Japan's, and Korea’s cultural development for conducting the analysis of Taiwan’s cultural consumption/ expenditure trend.
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