00:00Taiwan's consumer confidence fell sharply in March amid rising global oil prices driven by the war in the Middle East.
00:07Stock market confidence saw the biggest drop hitting a three-year low as inflation hovers around the government's 2%
00:14warning line.
00:15To stabilize living costs, the cabinet has ordered a price freeze on residential natural gas and fertilizer through April.
00:22And on Friday, the economy ministry said it will not adjust electricity prices for the month either.
00:28Officials say domestic oil and gas reserves are sufficient through May and there are plans to diversify LNG imports starting
00:36in June.
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