Taiwan's export orders were US$47.7 billion in July 2023, a decrease of 12.0% compared with the same month in 2022. According to a report from the Ministry of Economic Affairs (MOEA), it was the 11th consecutive monthly year-on-year decline.
Tens of thousands of people have taken to the streets of Taipei – demanding the government take immediate action to tackle road safety issues on Sunday (20 August).
Environmental groups are urging the soon-to-be-inaugurated "environmental ministry" to set out a roadmap for plastics reduction and provide reassurances that it will honor its pledge to ban the use of single-use plastic items.
Taiwan's real GDP is projected to grow by 1.61% in 2023, according to the latest preliminary estimate from the Directorate General of Budget Accounting and Statistics (DGBAS). This represents a downward revision of by 0.43 percentage point from the previous forecast.
Vice President Lai Ching-te has arrived back in Taiwan following his seven-day trip to the United States and Paraguay.
The Ministry of Labor (MOL) says more than 13,300 work permits have been issued to foreign semi-skilled workers since the introduction of a new migrant labour retention scheme.
The cabinet is hoping to cut the number of fatalities caused by road accidents by 30% by 2030 under a new scheme unveiled by the Executive Yuan.
Vice President Lai Ching-te is stressing that Taiwan is a "sovereign, independent country" and he has no plans to pursue formal independence.
Deputy Economics Minister CC Chen says Taiwan's investments in the countries under the "New Southbound Policy" have surpassed investments in China in the first half of this year.