Focus Taiwan
Date: 2019/05/25
By: Pan Tzu-yu and Frances Huang 

Taipei, May 25 (CNA) Outflows of investment funds from Taiwan exceed inflows in the first quarter of the year, maintaining a trend that has been ongoing for the past 35 quarters, according to the country’s central bank.

Central bank data for the first quarter released earlier this week showed the net fund outflow in Taiwan’s financial account, which measures the flow of direct investment and portfolio investments, at US$14.65 billion in the first quarter.

The aggregate net outflow over the past 35 quarters was US$428.99 billion (NT$13.22 trillion), which is equivalent to 5.5 years of tax revenue in Taiwan, the data showed.

However, the first-quarter net fund outflow was less than the US$17.88 billion recorded the previous quarter, according to the data.    [FULL  STORY]