Agenzia ICEItalian Trade & Investment Agency

ICE – Agenzia per la promozione all’estero e l’internazionalizzazione delle imprese italiane organismo attraverso cui il Governo favorisce lo sviluppo delle imprese

Taipei, Aug. 28 (CNA) Taiwan’s economy stayed in contraction mode for the ninth consecutive month in July, but an index gauging the economic climate showed signs of improvement, indicating the local economy has hit the bottom, the National Development Council (NDC) said Monday. 25: Business sentiment among manufacturers improves in July: Think tankDespite the decline in the leading indicators in July, Chiu said the fall has narrowed compared with June, indicating a better outlook for the local economy, Chiu said.Looking ahead, Chiu said, Taiwan expects to benefit from peak season effects in the second half of this year on the back of emerging technologies, such as AI and efforts by international brands to launch new consumer electronic gadgets.Domestic consumption is expected to continue to grow in the post COVID-19 era, while the local job market is forecast to stay stable, Chiu said.Aug.

Via: ice.it