An annual report by the American Chamber of Commerce in Taiwan has found sustained confidence among business respondents. Companies expressed hope that Taiwan's government would prioritize energy needs, with the issue even beating concerns about cross-strait relations.
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00:00The American Chamber of Commerce in Taiwan says it's confident about Taiwan's economy
00:05in the coming year.
00:07In Amcham's annual business survey report, most businesses indicated they expect revenue
00:12growth in 2025.
00:14Respondents also felt Taiwan's government should prioritize energy challenges, which
00:19was seen as a greater concern than cross-strait relations.
00:23Amcham is also pleased that relief from double taxation with the United States has just passed
00:29the U.S. House of Representatives.
00:31The measure was a long-awaited legislative goal.
00:35We were very pleased to see that the U.S. House has passed that on an almost unanimous
00:40basis in the past couple of days.
00:43And it's something that our members have advocated for and asked for for quite some time.
00:48As you point out, 71% of our members said that this is important to their businesses
00:52for the future.
00:53That's up from 61% last year, so a rather significant change.
00:59Amcham Chair Dan Silver says the tax relief legislation speaks to the importance of U.S.
01:04relations with Taiwan.