Sat, Sep 25, 2004 - Page 10 News List

Taiwan ranked fifth-lowest on risk scale

By Amber Chung  /  STAFF REPORTER

Taiwan was rated as presenting the fifth-lowest investment risk among 50 nations surveyed by Business Environment Risk Intelligence (BERI) SA last month, the Industrial Development and Investment Center announced yesterday.

Taiwan shared the fifth place with Norway, following Switzerland, Singapore, the Netherlands and Japan, on the Profit Opportunity Recommendation (POE) scale, which combines three evaluation elements: a political risk index, an operations risk index and a remittance and repatriation factor.

Taiwan scored 72 and was awarded the POE's highest level of 1A in BERI's second business risk service report this year.

"The survey could help offer interested international traders and foreign enterprises insights and references to the nation's sound investment environment," an Industrial Development and Investment Center official surnamed Lee said.

Lee said that although the nation received decent ratings in both the operations and remittance indices, its performance in the political risk index was less than ideal as a result of China's missile threat.

Taiwan's ranking in the latest political risk index dropped to 13th place from 12th in the April survey. The nation's rating on this scale was at its highest point of fourth place in 1996, which dropped to its record low of 16th place in 2000.

BERI said it expected Taiwan's rating to advance to the fourth place with marks of 73 next year and a fifth-place ranking with score of 74 in 2009, citing stable foreign exchange performance, steady operations circumstances and decreasing political risks.

The rating firm conducts the poll three times a year, in April, August and December, and combines the results for annual ratings of countries surveyed.

Taiwan retained the same overall ranking as in the April survey, but fell from the fourth place last year.

This story has been viewed 2802 times.
TOP top