Taiwan business sentiment rises across major sectors in May (opens original article in a new tab)
Taiwan's business sentiment improved across major sectors in May, driven by strong artificial intelligence demand, with manufacturing, service, and construction sectors showing growth. Exports surged 51.7% year-on-year, while construction activity increased due to infrastructure projects, though challenges like rising costs persist.
- Taiwan's manufacturing, service, and construction sectors saw improved business sentiment in May
- Strong AI demand drove growth in manufacturing and service sectors, with exports up 51.7% year-on-year
- Construction sector saw increased activity due to technology plant projects and infrastructure works, though costs and waste disposal remain challenges
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