About 60 percent of respondents in a survey of AmCham members expressed confidence in Taiwan’s economic growth in the next 12 months, a sharp increase from 46 percent last year. “The level of confidence would likely have been higher, if not for the coronavirus outbreak that erupted during the survey period” from January to Feb. 17, AmCham chairman C.W. The chamber is the most influential international business organization in Taiwan, with about 1,000 members from more than 500 companies in the global business community. Member firms expressed satisfaction about how the government is coping with COVID-19, which has infected 42 people in Taiwan — less than in Japan, Hong Kong, Singapore and South Korea, Chin said. Manufacturing member firms in Taiwan have maintained normal operations, but tourism-oriented firms, such as hotels and airlines, were taking a hit, Chin said.

Source: Taipei Times March 04, 2020 15:56 UTC