News Snapshot:
The nation’s GDP rose 3.7 percent annually in the third quarter of this year, the Directorate-General of Budget, Accounting and Statistics (DGBAS) said on Friday. The agency forecast that the economy would expand 4.15 percent this quarter from a year earlier after growing 6.8 percent in the first three quarters. It also upgraded its growth forecast for the whole of this year to 6.09 percent, up 0.21 percentage points from its August projection. The economy has continued to benefit from the trade diversion and investment repatriation effects of China-US trade tension, coupled with growing semiconductor, transportation, manufacturing equipment and green...
