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Tomomi Nakamura

Economist urges Taiwan to depreciate currency to boost exports|Economy|News|W... - 1 views

  • depreciate its currency to boost its slumping exports
  • Taiwan's exports in the January-July period declined 5.8% from the same period a year earlier to US$171.6 billion, and the depreciation of the Taiwan dollar could help reverse that trend
  • Asked if such a depreciation would contribute to higher inflation in Taiwan, Hsu said the central bank could use interest rate adjustments to keep inflation at bay.
Katie Miyoshi

Taiwan Inflation Rises More Than Expected - 0 views

  • bad weather pushed up prices of fruits and vegetable
  • increased to 3.42 percent in August from 2.46 percent in July. Economists had forecast the rate to rise to 2.6 percent.
  • jump in prices of vegetables, affected by typhoon Saola and Libra, the statistical office said.
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  • prices of vegetables and fruits increased 57.93 percent and 20.14 percent respectively.
  • Prices of egg, dairy products and fish and shellfish also moved up during the month.
  • wholesale price index fell 0.94 percent on an annual basis mainly due to decline in costs of basic metal and chemical materials
Cynthia Huang

Islands spat may hit supply chain - Taipei Times - 0 views

  • supply chain disruptions amid the heightened territorial dispute
  • well-known Japanese companies to suspend their operations at various Chinese plants.
  • Japanese firms ship critical auto parts to Taiwan
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  • shipped onward to assembly plants in China
  • adding value before
  • China is Japan’s top exporting and importing country
  • apan is Taiwan’s top importing country
  • supply chain disruptions
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