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TAIWAN MANUFACTURING FIRMS UPBEAT ABOUT BUSINESS OUTLOOK.
TAIPEI, Sept 3 Asia Pulse - A majority of 85 per cent of Taiwanese manufacturing firms responding to a recent survey are optimistic about business prospects for the second half of the year, a local think tank researcher said Friday.
The survey of Taiwanese firms was conducted by the Taiwan Institute of Economic Research (TIER) in July to explore their views of future business prospects, said Chen Miao, a TIER researcher.
Citing survey results, Chen said the number of manufacturing firms optimistic about business prospects in July rose 18.8 per cent from June, while firms expressing pessimism about the future decreased by 12.5 per cent over the same period.
However, the survey also shows a decrease in the number of firms of all types expressing optimism about business prospects in the second half year, sliding to 37.7 per cent from 42.8 in June.
Firms anticipating that business will remain constant was unchanged at 47 per cent, while those which are pessimistic about the second half of the year increased to 15.0 per cent from 10.7 per cent the month before.
According to Chen, ...
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