Morgan Stanley raises GDP growth forecast to 11.6% - Taipei Times

MOMENTUM:

The government’s plan to distribute a NT$10,000 cash handout to all residents next year could add about 0.3 percentage points to GDP growth, it said

By Crystal Hsu / Staff reporter

Add TT as Preferred Source

Morgan Stanley has raised its forecast for Taiwan’s economic growth this year to 11.6 percent from 8.9 percent, putting the economy on track for its fastest expansion in almost four decades as the artificial intelligence (AI) boom drives exports, investment and consumer spending.Morgan Stanley expects private investment to increase 17.7 percent this year, with real capital formation accelerating to 23 percent in the second half from about 12 percent in the first half of the year.Imports of capital equipment are forecast to surge 41.33 percent this year, while semiconductor equipment imports are expected to rise 29.41 percent and capital equipment output to jump 67.22 percent, it said.

Morgan Stanley raises GDP growth forecast to 11.6% - Taipei Times

Related reading

TIER lifts GDP forecast to 10.38 percent - Taipei Times

DGBAS raises economic outlook - Taipei Times

TRI raises forecast of Taiwan’s GDP growth to 9.33% - Taipei Times

Standard Chartered raises Taiwan 2026 GDP growth forecast to 9.5% - Taipei Times

GDP could grow over 10% this year: minister - Taipei Times

Cathay raises GDP growth forecast to 10.1 percent - Taipei Times