June 2014  
The US economy is steadily moving out of recession with improving labor market
Results of TIER business composite indices suggest domestic markets are again on the mend
he US economy is steadily moving out of recession with recovering labor conditions. The unemployment rate according to the US Bureau of Labor Statistics slipped down to only 6.3% in May, 2014. As the benchmark is met, the Federal Reserve decided to continue the QE tapering by reducing the bond purchasing amount to US$ 35 billion. To avoid a potential hard landing, the Chinese government has decided to transform its economic policy from no stimulus to micro stimulus. The 10-year bond yields of European economies once in debt troubles have been dropping; the risk of debt crisis is subsiding. The Japanese economy seems moving slow; however, its private investment is heating up and providing momentum to growth later on. From all of these above, it can be approximately concluded that world economy in the near future will tend to be rather optimistic. The Taiwan Institute of Economic Research (TIER) issued business composite indicators in May, and the results showed that both manufacturing and service sector composite indicators increased after previous decline meaning the domestic markets are again on the mend. ...Read more
SME loans to reach target before '15: FSC
According to a release by the Financial Supervisory Commission (FSC, 金管會) a rise in total loans extended to small- to medium-sized enterprises (SMEs) have been growing markedly, and expected to reach this year's projected target of NT$240 billion. As of the end of May, loans to small to medium scaled businesses grew by NT$102.9 billion year-on-year, reaching 42.87 percent of this year's projected target, said the regulator, adding that at the current pace loans are expected to exceed NT$240 billion before the end of this year. Domestic banks in the first five months of this year extended loans of NT$4.8639 trillion, and grew by NT$38.2 billion since the last tally at the of April. (Source: The China Post)

The Small and Medium Enterprise Administration, MOEA is Establishing a Taiwan - U.S. Accelerator Collaboration Platform (Source: MOEA)
Taiwan Economic Research Monthly
The key to new generation of SMEs' growth
Exploring Taiwan’s high-growth enterprises
R&D and market expansion are first priority to explore domestic high-growth enterprises. However, regulation adjustment and better business climate establishment are expected to be solved in first priority by the enterprises. Thus, how to make meaningful and helpful policies to benefit the industries for a win-win situation is the main task for enterprises and the authority
Copyright (c) 2008
All Rights Reserved by Taiwan Institute of Economic Research
Email us :