Sunday, January 18, 2009

Vouchers Distributed On Taiwan

In an effort to boost spending in a lagging economy, each of the 23 million citizens on Taiwan were eligible to receive a government voucher worth NT $3600 (US $108.00) (sorry expats, you have to be a citizen to receive one). Many headed straight to department stores, supermarkets and retail outlets to spend the "free" money, while others held onto it for rainier days that may lie ahead. To lure consumers, one town in Taichung County is even offering a raffle draw with a chance to win a luxury apartment or car if citizens spend their vouchers there.

Now who says it doesn't pay to be a Taiwanese? The story was reported here.