By: Huang Chiao-wen and Frances Huang
Taipei, April 11 (CNA) Taiwan’s service sector remained stable in February with the index flashing a “green light” for the 12th consecutive month, according to the Commerce Development Research Institute (CDRI, 商業發展研究院).
It said domestic consumption was boosted in February by strong buying before and during the Feb. 18-23 Lunar New Year holiday, Valentine’s Day, and the Feb. 28 holiday that marked the 228 Incident.
In a report dated April 7, the CDRI said its index of service industry (ISI) stood at 103 points, up from a revised 100 in January. [FULL STORY]