ULSCM

News

News > Foreign News

Taiwanese industry welcomes interest rate cut

1. Taiwan's industries have developed unevenly. Semiconductors and other electronic information and communication industries have outperformed exports this year, while some traditional manufacturing industries have declined by double digits year-on-year. The latter's gross profit is low and it cannot afford foreign exchange losses.
2. The new wave of "slow interest rate cuts" in the United States, based on the six major indicators of Taiwan's shoemaking, textiles, automobile parts, machine tools, bicycles, and screw fasteners, the frontline executives of Taiwan's manufacturing companies see it this way...
2. Among the three major benefit areas of Taiwan’s transmission, industry and export, the clothing and shoe industries are expected to be better next year; in addition, the three major headwind fields are in deep quagmire. In the face of strong competition from Japan, Vietnam and Thailand, striving for refinement has become a new way out.

Taiwan's exports are booming. In August, the annual growth rate was close to 17%, soaring past 43.6 billion US dollars, setting a new monthly high in history, and recording ten consecutive months of growth. However, looking at the detailed export figures for the first eight months of this year is worrying, because this prosperity is almost entirely supported by the electronic information and communications industry. Many traditional industries are still struggling to survive in the cold winter of recession, and exports are unbalanced. is getting worse.

Contact info@fujyilin.com.tw Privacy Policy
Address : No.17-1, SHAU ANN St., Zhongzheng Dist., Taipei City 10071, Taiwan (R.O.C.) TEL : +886-2-2301-5900 FAX : +886-2-2307-5424