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Taipei, March 25 (CNA) Business sentiment in the local manufacturing sector weakened in February amid escalating geopolitical tensions in the wake of military conflict between Russia and Ukraine, the Taiwan Institute of Economic Research (TIER) said Friday.
Taipei, Jan. 25 (CNA) Taiwan's central bank is likely to follow the lead of a hawkish U.S. Federal Reserve by raising its key interest rates in June at the earliest, the Taiwan Institute of Economic Research (TIER) said Tuesday.
In this node I will attempt to list all of the world's intelligence services. This is an ongoing project. So, here goes: Afghanistan: NSD - National Sec...
Rainfall during spring months far below average; fuels drought 04/30/2021 05:08 PM CWB Forecasting Center Director Lu Kuo-chen. CNA photo April 30, 2021 Taipei, April 30 (CNA) Taiwan received far less rain between February and April than the average rainfall during those months over the past two decades due to strong northeasterly winds and a lack of moisture from the south, the Central Weather Bureau (CWB) said Friday. Taiwan received 163.7 millimeters of rainfall during the three-month period, only about half of the 301.97 mm of rainfall averaged during the same period since 1991 when data ...
Think tank raises forecast for Taiwan's 2021 GDP to 5.03% 04/23/2021 05:23 PM CNA file photo Taipei, April 23 (CNA) The Taiwan Institute of Economic Research (TIER) on Friday raised its forecast for Taiwan's 2021 gross domestic product (GDP) growth to 5.03 percent, citing a global economic recovery, which it said is expected to boost the country's exports and domestic demand. The revised GDP growth forecast was a 0.73 percentage point increase from TIER's previous estimate in January and the first to exceed 5 percent. In late February, the Directorate General of Budget, Accounting and Statist...