Mon, Oct 06, 2003 - Page 10 News List

Taiwan must lure foreign investment: businessmen

EASY ACCESS A number of prominent businessmen said yesterday the government must speed up its liberalization of financial regulations and hasten privatization efforts

By Jessie Ho  /  STAFF REPORTER

The Economist Intelligence Unit, a UK-based research firm, is even more optimistic about Tai-wan's economy, predicting that GDP growth will acccelerate to 5.4 percent next year, Yu said.

"I believe these positive forecasts -- as well as various tax incentives -- will help lure foreign capital and help Taiwan's economy prosper," Yu said.

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