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Taiwan doubles down on stimulus to halt recession with tourist handouts, cash for citizens

Taipei has rolled out a series of economic stimulus, with the latest a lucky draw to give away spending vouchers and stored-value cards to inbound tourists after its economy fell into recession in the first quarter.

This country announces $82 million plan to reward travellers for tourism boost

Do you love to travel? Would you like to be rewarded to explore a new country when wanderlust kicks in? Taiwan is the latest country to join the list of nations giving incentives to travellers with an aim to boost the tourism industry. Such measures became necessary in the wake of slowdown in the global tourism industry. Earlier this week, Taiwan announced a slew of measures as part of its $82 million plan, according to a Bloomberg report. Around 500,000 tourists this year are expected to get cash or discount incentives as part of Taiwan's mega tourism revival plan.

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