Thu, Apr 26, 2007 - Page 12 News List

Taiwan gets high marks for low risks


Taiwan remains one of the most favorable investment markets, said the latest report by Business Environment Risk Intelligence (BERI), which rated Taiwan as No. 6 on a list of the world's lowest risk countries for conducting business. Taiwan ranked behind Switzerland, Singapore, the Netherlands, Japan and Norway.

The Ministry of Economic Affairs yesterday reported that BERI gave Taiwan 72 points for profit opportunity -- an indicator of a country's business environment that is composed of a political risk index, an operations risk index and a remittance and repatriation factor.

The country's ranking and total score were unchanged from last year's report, it said.

Taiwan's operations risk index stayed at 72 points, behind only Switzerland and Singapore, but should improve in the next two years, the report said.

The political risk index fell by 1 point to 59 because of the year-end legislative election, the report said. The election is expected to increase ethnic conflict and the activities of radical groups, it said.

Taiwan's remittance and repatriation factor improved by 1 point to 85 as a result of a rising trade surplus, the report said.

Taiwan saw its commodity trade surplus reach US$20.32 billion last year and its current account surplus hit US$20.82 billion, up from US$16.21 billion in 2005, the report said.

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