TIER: Business Indicators Continued To Fall in May

Leading domestic economic think tank TIER says indicators for Taiwan's economy are declining, weighed down by global uncertainties.

Transcript

00:00A top domestic think tank says Taiwan's business climate declined in May.

00:05The Taiwan Institute of Economic Research says global uncertainties, including energy, are weighing on the country's major industries.

00:12If we don't have any impact on the water, we don't have any impact on the water.

00:21Including Karada's solar power,伊朗,阿曼, the oil can be used.

00:27Indicators for the manufacturing sector have fallen for four straight months to a two-year low.

00:34The services and construction sectors also continue to decline.

00:37Domestic consumption faces challenges as well, with weak housing and auto markets.