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Card Payments In Taiwan To Increase By 6 2% In 2022: Report

Card Payments In Taiwan To Increase By 6 2% In 2022: Report
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Ravi sharmaFinancial supervisory commissionPayment cards analyticsLead bankingPayments analystQuintuple stimulus voucherTriple stimulus voucher

Taiwan s Quintuple Stimulus Vouchers, bonus vouchers expire Saturday | Taiwan News

Ministries remind those with unused vouchers to spend them quick before they expire | 2022-04-30 11:55:00

T ai peiCouncil of agricultureTourism bureauTaiwan newsMinistry of economic affairMinistry of cultureMinistry of transportationCouncil of indigenous peopleNational treasury administrationQuintuple stimulus voucherExtra bonus vouchersEconomic affairFoodlover voucherDomestic travel voucherIndigenous peopleYuan voucher

Service sector is still in a virus slump: institute

The service sector has not yet emerged from a slump amid the COVID-19 pandemic, although the rate of decline eased last quarter, the Commerce Research Institute (商業發展研究院) said yesterday. The coincidental cyclical composite index for the service industry continued to fall last quarter and did not bottom out in October last year as had been expected following the launch of the government’s Quintuple Stimulus Voucher program, the Taipei-based research body said. The retreat persisted in January, although the leading cyclical composite index has been rising since July 2020, indicating that economic development is uneven, the institute said. The findings reflect soft domestic demand,

T ai peiCommerce research instituteCrystal hsuQuintuple stimulus voucherThe taipei times

Data show non-cash transactions value rose, but deals fell

The value of non-cash transactions last year rose 9.24 percent to NT$5.44 trillion (US$195.36 billion) from 2020 as Taiwanese grew more comfortable with electronic payments amid the COVID-19 pandemic, the Financial Supervisory Commission (FSC) said on Thursday. However, the number of electronic transactions last year shrank 9.5 percent to 4.73 billion from a year earlier as people stayed home during a level 3 COVID-19 alert from May to July, the commission said. For the whole of last year, ridership on MRT metro systems with most tickets purchased via non-cash payments throughout Taiwan slumped 30 percent annually, dragging the overall number

Lin chih chiFinancial supervisory commissionBanking bureau deputyCrystal hsuQuintuple stimulus voucherThe taipei times

Food and beverage sector rallying from May depths

Food and beverage services are expected to continue their recovery momentum this month after sales last month increased 2.5 percent year-on-year, the Ministry of Economic Affairs said in a report on Thursday. “Due to the stable COVID-19 situation in Taiwan, the number of people eating out continues to increase,” the ministry said. “Coupled with business opportunities from Christmas and New Year’s Eve celebrations, as well as corporate gift purchases for year-end employee parties and seasonal household demand, sales should continue to grow in December,” the ministry said. Sales in the food and beverage industry last month showed annual growth for a second consecutive

T ai peiMinistry of economic affairsChen cheng huiEconomic affairsNew yearQuintuple stimulus voucherThe taipei times