RESERVATIONS:
While the share of firms expecting conditions to improve rose from last month, the share anticipating deterioration increased on energy-supply concerns
By Crystal Hsu / Staff reporter
Business confidence across Taiwan’s manufacturing, services and construction sectors rose last month, reaching multiyear highs as an artificial intelligence (AI) boom continued to power exports, investment and domestic demand, a survey released yesterday by the Taiwan Institute of Economic Research (TIER, 台經院) showed.The findings suggest that Taiwan’s AI-driven expansion is broadening and supporting business sentiment despite lingering external risks, the Taipei-based institute said.The manufacturing business climate gauge rose for a second consecutive month to 99.58 from a revised 96.92 in April, the highest level since June 2024, the institute said.
A man works at water heater and tank maker Win Home Technology Co’s plant in Yunlin County’s Cihtong Township on Aug. 19 last year.
