Taiwan set to record drop in export orders for 6th straight month

Focus Taiwan
Date: 2015/10/17
By: Huang Chiao-wen and Frances Huang

Taipei, Oct. 17 (CNA) Taiwan’s export orders for September are expected to show a year-on-year decline, dropping for the sixth consecutive month, amid weak global demand and signs of a slowdown of the world’s economy, the Ministry of Economic Affairs (MOEA) said Saturday.

The expected decline will also reflect a high comparison base in the same month of 2014, when the Taiwan’s export orders rose 12.7 percent year-on-year to US$43.3 billion, the MOEA said.

The ministry is scheduled to release the September export data on Oct. 20.

In August, Taiwan’s export orders fell 8.3 percent from a year earlier to US$35.03 billion, as global demand showed signs of slowing.     [FULL  STORY]