Industrial production still growing on tech demand
NOT ALL RISE: Although local production beat out most other economies, production in traditional industries, except for chemical manufacturers, fell from a year earlier
By Angelica Oung / Staff reporter
The nation’s industrial production last month increased for the 11th consecutive month, thanks to strong demand for tech products as a result of the COVID-19 pandemic, the Ministry of Economic Affairs said yesterday.
Despite a global economic downturn, local industrial production last month grew 5.22 percent month-on-month and 9.9 percent year-on-year, resulting in production last year increasing 6.81 percent from 2019, the ministry said.
“Production in the electronic components and electronic goods categories were up by double-digit percentage points for the year, while output at traditional industries mostly declined along with the global economy,” Department of Statistics
TAIPEI (dpa-AFX) - Taiwan's industrial production grew at a faster pace in December, data from the Ministry of Economic Affairs showed on Monday.Industrial output grew 9.9 percent year-on-year
World Bank prepares new Country Partnership Framework for Pakistan
January 25, 2021
ISLAMABAD, Pakistan: The World Bank’s Country Director for Pakistan Najy Benhassine has said that the World Bank Group (WBG) has initiated the process of preparing a new Country Partnership Framework (CPF) for Pakistan that would outline its strategic support in the Country for the next five years starting from FY 2022.
In a consultative meeting with the Minister for Economic Affairs Khusro Bakhtiar at the Ministry of Economic Affairs in Islamabad on Monday, Najy Benhassine shared that the next World Bank Pakistan Country Partnership Framework would broadly focus on four strategic areas i.e. education, health, environment & growth, and improved governance as an enabler.
A man operates equipment at a factory in Taipei yesterday.
Photo: CNA 2021/01/26 03:00
NOT ALL RISE: Although local production beat out most other economies, production in traditional industries, except for chemical manufacturers, fell from a year earlier
By Angelica Oung / Staff reporter
The nationâs industrial production last month increased for the 11th consecutive month, thanks to strong demand for tech products as a result of the COVID-19 pandemic, the Ministry of Economic Affairs said yesterday.
Despite a global economic downturn, local industrial production last month grew 5.22 percent month-on-month and 9.9 percent year-on-year, resulting in production last year increasing 6.81 percent from 2019, the ministry said.