Transport Minister Wang Kwo-tsai has announced plans by the Tourism Bureau to offer incentives to attract international tourists.

Taiwanese citizens and residents will be eligible for NT$3,000 subsidies when replacing old refrigerators and air conditioning units with energy-efficient ones.

The new cabinet, led by Premier Chen Chien-jen, as well as Secretary-General to the President Lin Chia-lung and other new Presidential Office appointees, have been sworn into office.

Taiwan's export orders came in at US$52.2 billion in December 2022, a decrease of 23.2% compared with the same month in 2021 as orders for all types of products fell.

Taiwan's Investment Commission approved a 15-year-high of US$13.3 billion in foreign direct investments in 2022 -- that's the third highest on record.

Taiwan's Gross Domestic Product (GDP) in the fourth quarter of 2022 (4Q22) fell by 0.86% compared to the same quarter in 2021, according to a preliminary ("advanced estimate") by the Directorate General of Budget Accounting and Statistics (DGBAS).

Taiwan's official unemployment rate declined by 0.09 percentage points to 3.52% in December, down by 0.12 percentage points from the same month in 2021.

The government-proposed surplus tax revenue rebate of NT$6,000 has been deferred.

Ministry of National Defense (MND) officials say discharged female military personnel will soon be allowed to enrol in the dual-track reservist training system.