Q1 2019 ECONOMIC REPORT

TAIWAN ECONOMY: 2019 Q1 UPDATE Taiwan’s GDP grew by 1.71% year-on-year in 2019 Q1, the lowest quarterly yoy growth since 2016 Q3. The Taiwanese authorities revised down the 2019 growth forecast to 2.19% (from the 2.27% predicted in February) due to uncertainties in the global economy.   Please Click Here to Download Full Report   […]

Salary Survey 2019 by Robert Walters

Benefiting from key growth drivers including digitalisation, technological development and government initiatives, the Taiwan recruitment market is expected to expand further in 2019. Now in its 20th edition, the Robert Walters annual Salary Survey is the most comprehensive review of professional salaries and recruitment trends around the world.   Download Full Report Here   This […]

Taiwan Considers Making Local Vessels Mandatory For Some Offshore Wind Farm Construction

Two Taiwan government agencies are considering making the use of Republic of China (“ROC”) flag vessels mandatory for certain offshore wind farm construction activities. The Bureau of Energy (“BOE”) in Taiwan’s Ministry of Economic Affairs is expected to convene a meeting of developers, contractors and vessel operators later this month to solicit information on the […]

Changing times for pensions in Taiwan – Aberdeen Standard Investments

Changing times for pensions in Taiwan Jamie Jenkins, Head of Global Savings Policy February 2019 As Taiwan considers how to encourage greater savings into work-based pensions, it’s helpful to look at some of the challenges and successes in other countries, particularly the UK, which has undergone profound change in recent years.   Like most other […]

Developments on Taiwan’s Wind-energy FIT

Taiwan’s Bureau of Energy has reconsidered its preliminary decision to cut the 2018 offshore wind feed-in tariff by almost 13%, deciding instead to drop it only by 5.71%, to TWD 5.5160 per kWh. The Bureau has also restored the two-tier tariff option, and has increased the number of hours per year for which the feed-in […]

Q3 2018 ECONOMIC REPORT

TAIWAN ECONOMY: 2018 Q3 UPDATE   SUMMARY Taiwan’s GDP grew by 2.27% year-on-year (yoy) in Q3, driven by internal demand, with significant capital growth. Taiwan’s Directorate-General of Budget, Accounting and Statistics (DGBAS) decreased its economic growth forecast for 2018 to 2.41%, due to slow global growth, geopolitical uncertainty, and unstable financial markets. The US-China trade […]