A fisherman navigates a raft near boats filling the Patoutzu Fishing Harbour in Keelung, Taiwan. Reuters
Taiwan’s export orders contracted for an eighth straight month in June, with global companies increasingly hesitant to make new investments in machinery as the China-US trade war wears on.
Taiwan’s economic growth will likely slow to its weakest in five years in 2020 as consumption and tourism take a hit from the coronavirus pandemic, but the economy is set to rebound next year on improved demand for the island’s exports.
Taiwan’s exports surprisingly rose in July after four months of falls, but the government warned of uncertainties as global coronavirus cases spike and US-China tensions deepen.
Taiwan will further liberalise its economy and offer more financing products, aiming to become an Asian financial and asset management hub, President Tsai Ing-wen said, pitching the island at a time of turmoil in next-door Hong Kong.
During COP28 in Dubai on Tuesday, global green energy giants Iberdrola and Masdar announced a €15 billion strategic partnership agreement to evaluate the joint development of offshore wind and green hydrogen projects in key markets including Germany, UK and the USA.
The 44th edition of Big 5 Global, the largest and most influential construction industry event in the Middle East Africa and South Asia opened in Dubai World Trade Centre. The event boasts a stronger and more impactful local and international support, with over 2,200 exhibitors from 60+ countries
Sustainable Trade Africa (STA) takes pride in successfully concluding its pivotal event, contributing significantly to the discourse on sustainable development within the African trade landscape during COP28. Under the theme “Transforming Africa Trade for Climate Resilience & Sustainable
The Riyad Bank Saudi Arabia Purchasing Managers’ Index (PMI) continued to signal a rapid expansion in the non-oil private sector in November, despite evidence that price pressures accelerated to their highest in nearly one-and-a-half years. Reports of increased raw material prices fuelled a renewed uplift