Focus Taiwan
Date: 2016/12/06
By: Romulo Huang
Taipei, Dec. 6 (CNA) Small and medium-sized enterprises (SMEs) in Taiwan remain broadly
CNA file photo
optimistic about export prospects despite global economic volatility, according to a recent global study commissioned by FedEx Express (FedEx), one of the world’s largest express transportation companies.
In total, 79 percent of local SMEs saw stable or increased exports over the past year, generating an average of NT$39.4 million (US$1.23 million) in revenue and accounting for 70 percent of overall revenue for the year, the report shows.
About 42% of SMEs forecast average growth in exports of 17 percent for the coming year with e-commerce fueling the optimism, it adds.
“The study proves the continued strength and agility of SMEs as they steadily weather the macroeconomic environment,” said Michael Chu, managing director of FedEx Express, Taiwan. [FULL STORY]
