Radio Taiwan International
Date: 2016-12-18

Taiwan’s economics ministry is likely to report a year-on-year increase in the nation’s export orders for a fourth consecutive month in November. The November figures are due out on Tuesday.

The economics ministry said Sunday that the expected year-on-year rise in export orders in November is likely due to rising global demand in the run-up to the year-end holiday shopping season.

In October, overseas orders totaled US$42.68 billion, up 0.3 percent from the previous year after a 3.9 percent year-on-year increase in September. That figure was 8.3 percent for August.

The economics ministry attributed the minimal gains in October to the product transitions that many international high-tech brands were undergoing. But the ministry said the situation changed in November, and export orders should rise 2.6-5 percent year-on-year to between NT$41.8 billion and NT$42.8 billion.  [FULL  STORY]