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Mobile banking and other applications for online financial services have become increasingly popular due to the epidemic, hybrid workplaces, and gradual changes in digital consumption habits over recent years. Government-owned banks have faced many new business challenges, such as worker relief loans and the Quintuple Stimulus Vouchers, that can t be supported by traditional IT infrastructures. In addition, emerging financial services require constant updating. As a result, the Financial Supervisory Commission has relaxed regulations on financi. ....
Retail sales rose 4.8 percent year-on-year and 8.7 percent month-on-month to NT$342 billion (US$11.67 billion) last month, the sector’s best March performance, amid less stringent COVID-19 restrictions and Mother’s Day sales promotions, the Ministry of Economic Affairs said on Monday. The growth was also due to strong sales of luxury goods, new smartphone launches and higher fuel prices, the ministry said. Department store chains generated NT$29.4 billion in sales, up 12.1 percent from a year earlier, while supermarket sales rose 9.7 percent to NT$19 billion, hypermarket sales increased 5 percent to NT$18.6 billion and convenience store sales grew 1.7 percent to NT$30.5 ....
Domestic travel vouchers issued by the Tourism Bureau would expire at the end of this month as planned and the budget for unused vouchers would be used to subsidize travel agencies that organize creative group tours, Minister of Transportation and Communications Wang Kwo-tsai (王國材) said yesterday. In addition to the Quintuple Stimulus Vouchers that were distributed by the Executive Yuan in October last year, other government agencies issued a total of 13 million secondary vouchers, which were distributed through free draws, to boost growth in different sectors. The bureau issued 2.4 million domestic travel vouchers, with each voucher having a face ....