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.

Restaurants continue to suffer under the influence of the Covid-19 pandemic.

The cabinet says it has now allocated the bulk of the government's special NT$150 billion coronavirus relief and revitalization budget.

Taiwan's Central Epidemic Command Center says restrictions on flights to and from China and an entry ban on transit passengers will remain in effect after the initial end date later this month

Premier Su Tseng-chang says some 900,000 people will have received coronavirus relief payments from the government by the end of this week.