• 11/26/2024

DBS slashes Taiwan’s 2023 GDP growth forecast to 0.5%

Taipei, July 22 (CNA) Singapore-based DBS Bank has cut its forecast of Taiwan’s 2023 gross domestic product (GDP) growth to 0.5 percent, as the export-oriented economy continued to feel the pinch, partly due to inventory adjustments in the manufacturing sector amid weak global demand.

https://focustaiwan.tw/business/202307220015