Country / Taiwan

Taiwan

Group Research / April 01, 2019

Photo Credit - AFP

Taiwan
 20172018e2019f2020f
GDP growth, % YoY3.12.61.91.8
CPI inflation, % YoY0.61.30.71.0
 2Q193Q194Q191Q202Q20
Exchange rates, end of period
Policy interest rates, end of period1.381.381.381.381.38
/aics/search.page[Akamai-Origin-Hop] = [2] [Accept] = [text/html,application/xhtml+xml,application/xml;q=0.9,*/*;q=0.8] [User-Agent] = [CCBot/2.0 (https://commoncrawl.org/faq/)] [Connection] = [close] [X-Forwarded-Host] = [www.dbs.com] [Host] = [runtime-prod-01-pwebdsgsmc.sgp.dbs.com:8343] [Accept-Encoding] = [gzip] [True-Client-IP] = [3.228.21.186] [Akamai-Origin-Request] = [1] [Via] = [1.1 v1-akamaitech.net(ghost) (AkamaiGHost), 1.1 akamai.net(ghost) (AkamaiGHost)] [X-Akamai-CONFIG-LOG-DETAIL] = [true] [Cache-Control] = [max-age=21600] [X-Forwarded-For] = [3.228.21.186, 204.237.142.5, 10.89.109.73] [Accept-Language] = [en-US,en;q=0.5] [X-Forwarded-Server] = [dbsweb-p00-grp.corp.dbs.com] templatedata/article/region/data/en/AIO/012016/19042018_taiwan.xmlaics/regionTaiwanTaiwan Industry InsightsInsightsIndustryView AllRead Morenotaligned0Taiwan Economics InsightsInsightsEconomicsView AllRead Morenotaligned15After two decades of investment exodus and industrial hollowing out, “Made-in-Taiwan” (MIT) is coming back to the fore, driven by a combination of external push and domestic pull factors.TaiwanGrowth/iwov-resources/aics/images/AICS/AIO/en/092019/190912_insights_thumb_taiwan.jpg/aics/templatedata/article/generic/data/en/GR/092019/190912_insights_taiwan.xmlTaiwan: Made-in-Taiwan (MIT) back to the foreSeptember 12, 2019Taking into account the escalation of trade war, deterioration in cross-strait ties, and on the other hand, the rise of MIT (Made in Taiwan), we maintain Taiwan’s GDP forecast for 2019-20.TaiwanGrowth/iwov-resources/aics/images/AICS/AIO/en/082019/190807_insights_thumb_taiwan.jpg/aics/templatedata/article/generic/data/en/GR/082019/190807_insights_taiwan.xmlTaiwan: Trade war, tourism ban, and the rise of MITAugust 07, 2019Industrial activities extended weakness in May and consumer confidence plunged. But exports to the US picked up, and investment applications from the offshore Taiwanese firms started to increase.TaiwanGrowth/iwov-resources/aics/images/AICS/AIO/en/062019/190617_economics_thumb_taiwan_chart_book.jpg/aics/templatedata/article/generic/data/en/GR/062019/190617_economics_taiwan_chart_book.xmlTaiwan chart book: Trade war’s costs and silver liningJune 17, 2019Taiwan Economics DailyEconomicsView AllRead Morenotaligned4Given that job and income conditions have remained steady, the government is not under serious pressure to expand fiscal policy to support growth.TaiwanGDP/iwov-resources/aics/images/AICS/AIO/en/102018/181002_economics_thumb_taiwan_chart_book_policy_remains_neutral.jpg/aics/templatedata/article/generic/data/en/GR/102018/181002_economics_taiwan_chart_book_policy_remains_neutral.xmlTaiwan chart book – Policy remains neutralOctober 02, 2018Leading indicators – export orders, consumer confidence and manufacturing PMI – have pointed to a lower growth in 2H.TaiwanGDP/iwov-resources/aics/images/AICS/AIO/en/082018/180802_economics_thumb_taiwan_chartbook.jpg/aics/templatedata/article/generic/data/en/GR/082018/180802_economics_taiwan_chartbook.xmlTaiwan chart book – Brace for a slower 2HAugust 02, 2018The repercussions on Taiwan, a main supplier of electronic components to China, should be smaller than initially feared. We will be watching this space.TaiwanGDP/iwov-resources/aics/images/AICS/AIO/en/042018/180404_economics_thumb_taiwan_largely_spared_from_us_tariffs_on_china.jpg/aics/templatedata/article/generic/data/en/GR/042018/180404_economics_taiwan_largely_spared_from_us_tariffs_on_china.xmlTaiwan largely spared from US tariffs on ChinaApril 04, 2018

Disclaimers and Important Notices

The information herein is published by DBS Bank Ltd and PT Bank DBS Indonesia (collectively, the “DBS Group”). It is based on information obtained from sources believed to be reliable, but the Group does not make any representation or warranty, express or implied, as to its accuracy, completeness, timeliness or correctness for any particular purpose. Opinions expressed are subject to change without notice. Any recommendation contained herein does not have regard to the specific investment objectives, financial situation & the particular needs of any specific addressee. The information herein is published for the information of addressees only & is not to be taken in substitution for the exercise of judgement by addressees, who should obtain separate legal or financial advice. The Group, or any of its related companies or any individuals connected with the group accepts no liability for any direct, special, indirect, consequential, incidental damages or any other loss or damages of any kind arising from any use of the information herein (including any error, omission or misstatement herein, negligent or otherwise) or further communication thereof, even if the Group or any other person has been advised of the possibility thereof. The information herein is not to be construed as an offer or a solicitation of an offer to buy or sell any securities, futures, options or other financial instruments or to provide any investment advice or services. The Group & its associates, their directors, officers and/or employees may have positions or other interests in, & may effect transactions in securities mentioned herein & may also perform or seek to perform broking, investment banking & other banking or finan­cial services for these companies. The information herein is not intended for distribution to, or use by, any person or entity in any jurisdiction or country where such distribution or use would be contrary to law or regulation. Sources for all charts & tables are CEIC & Bloomberg unless otherwise specified.

DBS Bank Ltd., 12 Marina Blvd, Marina Bay Financial Center Tower 3, Singapore 018982. Tel: 65-6878-8888. Company Registration No. 196800306E.

PT Bank DBS Indonesia, DBS Bank Tower, 33rd floor, Ciputra World 1, Jalan Prof. Dr. Satrio Kav 3-5, Jakarta, 12940, Indonesia. Tel: 62-21-2988-4000. Company Registration No. 09.03.1.64.96422.