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German firms face supply crunches, rising prices
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German companies show commitment to CSR in Taiwan | Taiwan News
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Rising COVID-19 cases will not affect Taiwan’s trade ties with Germany, because domestic goods were in high demand in the European country last quarter and will remain popular, the German Trade Office Taipei said on Thursday.
Bilateral trade relations would not be affected by a spike in infections in Taiwan, but will flourish for the rest of this year based on trade data, the office said.
Trade volume between Taiwan and Germany increased 4.5 percent year-on-year in the first three months of this year, as bilateral trade ties deepened, despite a slowdown in economic activity amid the pandemic.
Bilateral trade value rose to
2021/05/11 16:58 (Pexels, Tom Fisk photo) (Pexels, Tom Fisk photo) TAIPEI (Taiwan News) A survey published on Monday (May 10) reveals that German companies expect not only that Taiwan’s economy will grow but that their own business in the country will improve over the next 12 months. The survey was conducted by the German Chamber of Commerce Abroad (AHK) in its 140 locations in 92 countries between March 17 and April 9. It showed similar results as the Business Confidence Survey released by the German Trade Office Taipei (GTOT) in February. Regarding Taiwan, 74.5 percent of the German companies are optimistic about the country’s economy for the next 12 months, an 11.2 percent increase from the previous GTOT survey. Meanwhile, 23.3 percent believe the outlook remains the same.
Most German companies in Taiwan upbeat: poll
By Crystal Hsu / Staff reporter
A majority of German companies in Taiwan expect their business to pick up in the next 12 months and none of them expect their operations to soften, a global survey by the German Chambers of Commerce Abroad (AHK) showed yesterday.
The AHK conducted the poll via its 140 branches in 92 countries from March 17 to April 9. The results reaffirmed those of a confidence survey conducted in February by the German Trade Office Taipei.
The AHK poll found that 62.8 percent of German companies in Taiwan said they expect their business to improve in the coming 12 months, while none had a grim outlook.
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