REVENUES:An international crude oil and stainless steel price slump has dragged down the manufacturing sector, but electronics makers could offset the weakness
Date: Dec 17, 2015
By: Lauly Li / Staff reporter
Total revenue from the nation’s manufacturing sector this year is expected to fall from last year, due to continued decline in crude oil and stainless steel prices, the Ministry of Economic Affairs said yesterday.
“We expect annual revenues in the manufacturing sector to drop about 2.5 percent from last year’s NT$27.33 trillion (US$829.44 billion),” Department of Statistics Deputy Director-General Yang Kuei-hsien (楊貴顯) said by telephone. [FULL STORY]