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Taiwan export recovery, good news for OFWs


Taiwan export revival

The recovery of the export sector in Taiwan is a positive news for Filipino workers in terms of job opportunities.

"This is good news for Filipino workers. The resurgence of the export sector in Taiwan ensures the security of jobs there, and this could also create new job opportunities," said Manila Economic and Cultural Office (MECO) chairman Tomas Alcantara.

Giving the current statistics from the Taiwan Ministry of Economic Affairs, Taiwan’s export orders reached an all-time high last March, expanding 43.66 percent from a year earlier to US$34.39 billion, as Asia-Pacific markets demanded for more Taiwan-made panels, computers and handsets.

According to Alcantara, MECO in Taipei will evaluate developments closely, especially on jobs for higher skilled workers, which is the main thrust of MECO’s efforts in Taiwan.

Outlook for relocation are getting better with the recovery of Taiwan’s job market due to a new incentive package of the government and the recovery of the electronics sector.