ROLLING: A bigger showroom at the Nangang Exhibition Hall contributed to the success of this year's show. The major complaint was the lack of parking space
By Jerry Lin
The four-day Taipei International Cycle Show, which ended yesterday, attracted more than 86,000 visitors, up 91 percent from last year's 45,000, as a result of its new location and the concurrent hosting of another sporting goods show, the organizer said.

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The Taiwan External Trade Development Council (TAITRA, 外貿協會) will help local entrepreneurs make inroads into Southeast Asian markets as China's investment climate is getting increasingly unfavorable for Taiwanese manufacturers based in China, a TAITRA official said yesterday.

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PAIN FROM ABROAD: Japan, China and other exports-driven economies have seen their earnings erode as the US dollar falls, sending stock markets tumbling
Asia faces the threat of higher inflation, slower growth and tougher times for exporters after oil prices hit new highs and the dollar plunged last week.

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Responding to rising inflation, the central bank is likely to raise its benchmark interest rate by another 12.5 basis points when its board meets late this month, a report by Taipei-based Polaris Research Institute said yesterday.

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A new gallery at Taipei 101 selling local artwork celebrated its opening yesterday as part of a government-sponsored project to promote the global cultural image of Taiwan and help upgrade the nation's art industry.

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