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  • 7 hours ago
A Cathay Financial Holdings survey shows Taiwanese are increasingly optimistic about wage growth, major purchases and stock market investment. The upbeat mood is being driven by Taiwan's AI-fueled economic expansion, with UBS raising its GDP growth forecast for Taiwan to 9.9%.
Transcript
00:00The new survey shows Taiwanese public confidence in the economy is high in several key areas.
00:05This survey comes from Cathay Financial Holdings.
00:08It shows that Taiwanese are especially optimistic about wage expectations
00:12and making large purchases, also investing in the stock market.
00:16This upbeat sentiment is driven by the global AI boom,
00:19which is fueling strong economic growth in Taiwan.
00:22Financial group UBS has raised its GDP growth forecast for Taiwan to 9.9 percent,
00:27while both UBS and HSBC have recently expressed a positive outlook for the economy this year.
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