Taiwan's export orders growth slows in November

(MENAFN) Taiwan's export orders growth slowed in November, amid global uncertainties, while the island's economics ministry slightly cut its forecasts for the current year, Gulf News reported.

Export orders in November rose 6 percent from a year earlier, below the 8.8 percent forecast in the Reuters poll as well as the ministry's expectations for around a 10 percent gain.

Still orders for information communication goods, the main driver for Taiwan's exports, posted a record monthly high of USD13.69 billion in November, the ministry's data showed.

November orders totaled USD43.51 billion, down from October's USD44.9 billion, also a record high, because of falling demand for petrochemical goods, the ministry said.