“Stable domestic demand, alongside robust external demand, underpins our positive outlook,” ANZ economists Bansi Madhavani and Raymond Yeung (楊宇霆) said in a report. Madhavani and Yeung expect domestic demand to add 1.5 percentage points to Taiwan’s GDP this year, and external demand to contribute another 0.6 percentage points, the report showed. Global semiconductor sales might register growth of 5.9 percent this year following a 12.8 percent decline last year, ANZ said. Cross-strait relations might cloud issues for the tourism sector, ANZ said. The New Taiwan dollar could trade at NT$30 to the US dollar as ongoing currency and capital flows reflect optimism, ANZ said.
