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A general view of the Taipei skyline and the Taipei 101 (C) building is seen November 22, 2007. Nicky Loh, Reuters Image used for illustrative purpose.
Taiwan's economy is expected to expand 1.61% in 2023, the Directorate General of Budget, Accounting and Statistics said on Friday, downgrading its outlook from a previous estimate of 2.04%.
Gross domestic product (GDP) expanded by a revised 1.36% in the second quarter from a year earlier, compared with a preliminary reading of a 1.45% growth. (Reporting by Jeanny Kao and Faith Hung; Editing by Himani Sarkar)
