Taiwan facing tough battle to curb talent poaching by China shanghaisun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from shanghaisun.com Daily Mail and Mail on Sunday newspapers.
PMI in ‘harmless’ retreat, CIER says
COMEBACK: Nearly all manufacturing sectors reported an upswing in business last month, as companies rebuild inventory in anticipation of a global economic recovery
By Crystal Hsu / Staff reporter
The official manufacturing purchasing managers’ index (PMI) last month fell to 63.2, slowing from an unprecedented high a month earlier, as the Lunar New Year holiday cut the number of working days, while firms displayed the strongest business sentiment on record, the Chunghua Institution for Economic Research (CIER, 中華經濟研究院) said yesterday.
All manufacturing sectors except textile and food suppliers reported business upswings last month from a year earlier, although the Lunar New Year holiday eliminated one week, which explains why the economic barometer stayed in the expansion zone, but shed 1.9 points, the Taipei-based think tank said.
Taiwan s manufacturing activity expands for 8th consecutive month focustaiwan.tw - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from focustaiwan.tw Daily Mail and Mail on Sunday newspapers.
Taiwan using think tanks, forums to grow diplomacy
By Lu Yi-hsuan
and Kayleigh Madjar / Staff reporter, with staff writer
Continuing its longstanding tradition of informal diplomacy, Taiwan has in the past few years been increasingly focusing on think tanks and forums as a means to expand relationships with countries in Southeast Asia and Europe.
Caught in a unique geopolitical situation, the nation has long relied on informal and semi-informal channels to communicate with like-minded nations.
This has often involved think tanks, which hold forums with their foreign counterparts on critical issues such as regional security, health and innovation.
In addition to those set up under the direction of government ministries, such as the Institute for National Defense and Security Research (INDSR), there are also private organizations, including the Institute for National Policy Research (INPR).
Taiwan s PMI rises to highest level in over 8 years
02/01/2021 05:26 PM
CNA file photo
Taipei, Feb. 1 (CNA) Manufacturing activity in Taiwan expanded in January for the seventh consecutive month, with the seasonally adjusted Purchasing Managers Index (PMI) rising to its highest level in more than eight years, the Chung-Hua Institution for Economic Research (CIER) said Monday.
The PMI for January rose 3.8 from a month earlier to 65.1, the highest since July 2012 when the monthly statistics were first compiled, according to data released by CIER, one of the country s leading economic think tanks.
The sub-indexes for the six major manufacturing sectors that make up the PMI all remained above 60 for the second consecutive month, the data showed.