Taiwan's economic prospects are bright and growth this year will come in as expected as long as the COVID-19 situation can be brought under control quickly, the government said on Sunday, adding that the impact of a recent spike in cases was limited.
Export-dependent Taiwan raised its coronavirus alert level in the capital, Taipei, and the surrounding city on Saturday, imposing two weeks of restrictions that will shut many venues and limit gatherings after a rise in community transmissions.In a statement after Premier Su Tseng-chang called a meeting of top economic officials, including central bank governor Yang Chin-long and Economy Minister Wang Mei-hua, Taiwan's Cabinet said they all agreed the outlook was good.
The current pandemic situation is having a short-term impact on consumers, but as long as infections can be controlled soon, added to a proposed TUS$210 billion in government spending support, expectations for 2021 economic growth can be maintained, it said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
4 primary school students among 19 new Covid-19 community cases in Singapore; 12 imported infectionsMaybe it is just me but this time round when compared to last year when the virus first emerged, it appears “worse”?We have multiple clusters, students being infected, infections across the board when last year, the major cluster was the dorms?Maybe it is just me with such thots.
Source: TODAYonline - 🏆 1. / 99 Read more »
19 community cases among 31 new COVID-19 infections in SingaporeSINGAPORE: Nineteen community cases were among 31 new COVID-19 infections reported in Singapore as of noon on Saturday (May 15), said the Ministry ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
31 new Covid-19 infections in Singapore, including 19 community casesWe don't need to tally the imported cases cos those are from travellers going thru the airport that's been re-opened for travellers, tourists, some corporate executives, domestic helpers & others, so the numbers merely reflects a % of total number of passengers. covid-19 release conspiracy between lee hsien loong, singapore and china govts investigations overdue!!!!!!!!! Read my twitter account to get the facts. Now this wave start to hit so many children! Don’t come and remind us what is realistic and what is not.
Source: TODAYonline - 🏆 1. / 99 Read more »
Taiwan raises COVID-19 alert level as 267 new cases reportedTAIPEI: Taiwan raised its COVID-19 alert level for the whole island on Wednesday (May 19) as domestic cases continued to rise, with another 267 ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Taiwan gets 400,000-dose vaccine boost as COVID-19 cases riseTAIPEI: Taiwan will get 400,000 more AstraZeneca COVID-19 doses on Wednesday (May 19) from the COVAX global sharing programme, the government ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Taiwan to close schools, but rise in Covid-19 cases slows
Source: TODAYonline - 🏆 1. / 99 Read more »