The government says it will provide a one-time grant of NT$10,000 to people not enrolled in social insurance plans as well as to farmers and fishermen who have not qualified for other forms of financial aid.

Taiwan's official manufacturing purchasing managers' index (PMI) for April fell to 47.6, down sharply from 52.7 in the previous month, according to the Chung-Hua Institution for Economic Research (CIER).

New Taipei City will start to gradually re-open shuttered public venues today.

The Ministry of Labour reported that a group of labour funds managed by the Bureau of Labour Funds had suffered massive losses of more than NT$470 billion (US$15.67 billion) as of the end of March, when equity markets at home and abroad plunged amid an escalation of the Covid-19 pandemic.

Unlike the US and Europe, which posted sharp contractions, Taiwan's economy managed to expand by 1.54% year-on-year in the first quarter of 2020.

The European Commission has adopted a banking package to help facilitate bank lending to households and businesses throughout the European Union.

The United States' economy has had its worst performance since the great recession in 2008 in the first quarter of 2020 (1Q20).

The government is offering rescue loans for labourers facing financial difficulty due to the coronavirus pandemic.

Taiwan's Central Epidemic Command Center (CECC) reported that Taiwan has seen a fourth consecutive day with no new coronavirus infections.