Think tank lifts GDP growth estimate for Taiwan 2020 to 2.67 per cent

The Taiwan Institute of Economic Research (TIER) said Wednesday it increased its forecast for growth in Taiwan's gross domestic product (GDP) in 2020 on the back of higher than anticipated domestic demand at a time when many Taiwanese companies are spending more at home.

TIER, one of Taiwan's leading think tanks, said Taiwan's GDP is set to rise by 2.67 percent from a year ago, an increase of 0.22 percent....