The cabinet is accepting an agreed reduction of NT$25.5 billion from the government's proposed 2021 budget after lawmakers from the ruling and opposition parties reached a consensus on budgetary cuts during their ongoing negotiations.
Taiwan's industrial production increased for the eleventh consecutive month by 9.9% in December and 6.8% for the full year, according to a report by the Ministry of Economic Affairs (MOEA).
The Tourism Bureau expects fewer than one million visitors will come to Taiwan this year.
Taoyuan Mayor Cheng Wen-tsan has cancelled all extracurricular winter activities at all schools in the city.
7% of Taiwan's labourers say they were either laid off or suffered reductions in payments due to the impact of coronavirus last year, according to the Ministry of Labour (MOL).
Leaders across Europe have expressed hope for improved relations with the United States following the inauguration of President Joe Biden on 20 January.
Taiwan top envoy to the US, Hsiao Bi-khim, has attended US President Joe Biden's swearing-in ceremony in Washington DC.
The Ministry of the Interior (MOI) has halted the plan for electronic national ID cards.
Taipei Mayor Ko Wen-je has postponed the city's Lantern Festival and cancelled the annual Di-Hua Street Lunar New Year market due to the recent rise in coronavirus cases.