The cabinet has announced a plan to offer families a one-off subsidy payment for each child.
The National Development Council says it plans to allocate an additional NT$210 billion budget to the government's coronavirus relief fund.
The National Development Council (NDC) has outlined its plans for the new stimulus voucher programme.
The government is optimistic about Taiwan's economic growth this year. The National Development Council says the Taiwan economy could grow by over 1.8% in 2020, thanks to better-than-anticipated export orders and exports in the fourth quarter.
President Tsai Ing-wen is voicing her hope that English proficiency here in Taiwan can improve over the next decade.
Taiwan's cabinet has approved a draft amendment to a foreign talent act as part of government efforts to relax regulations governing foreign professionals in the country will attract more such talent.
Premier Su Tseng-chang led the cabinet to resign en masse earlier today ahead of President Tsai Ing-wen's 20 May inauguration.
The ECCT's 2020 Position Papers were officially released at a Premium Event lunch.
A copy of the annual publication was officially handed over by ECCT Chairman Giuseppe Izzo to the Taiwan government, represented by Chen Mei-ling, Minister of the National Development Council (NDC). The event was also attended by around 100 guests, including board directors, committee chairpersons, European trade office representatives and other ECCT members. A summary of the main theme and overview were presented at the event by the chairman. Following the lunch, the papers were released to the media at a press conference, which was attended by around 30 journalists from print, television and online media groups.
Taiwan's official manufacturing Purchasing Managers Index (PMI) expanded at the fastest rate since July 2012, to reach 68.7 in April, indicating continuing economic expansion for the next six months.