Taiwan retains 4th in latest BERI global investment report

2022/01/03

Taiwan has retained its fourth-place ranking among 50 countries and territories surveyed in the latest Profit Opportunity Recommendation report by U.S.-based Business Environment Risk Intelligence SA.
 
Scoring 60 out of 100 in the triannual report, Taiwan finished behind only Switzerland, 72; Norway, 66; and South Korea, 61. It outperformed regional neighbors Singapore, 57; Japan, 54; and Indonesia, 51.
 
Taiwan’s 1C ranking was assessed on the basis of its performance in three indexes: operations risk, political risk, and remittance and repatriation factor. Switzerland was the only country to earn the top 1A rating, while Norway received the second best 1B rating.
 
The country’s standout results included first in remittance and repatriation and third in operations behind the U.S. and Switzerland, in that order.
 
Of the 15 subindexes comprising operations, Taiwan placed second in communications/transportation, economic growth, policy continuity, professional services/contracts and short-term loans; and third in currency exchange, enforceability of contracts and labor cost/productivity.
 
Taiwan continued to lead the way in remittance and repatriation due to the country’s merchandise trade surplus of US$80.25 billion from January to September, while the country’s real gross domestic product in the third quarter grew by 3.7 percent year on year.
 
Of the four subindexes used to calculate remittance and repatriation, Taiwan was top in accumulated international reserves, foreign debt assessment and foreign exchange generation.


Source: Taiwan Today (https://taiwantoday.tw/index.php)