Tue, Jan 03, 2006 - Page 11 News List

Business Briefs


■ Taiwan meets APEC target

Taiwan last year achieved the goal of paperless trading set by the APEC forum to enhance the administrative efficiency of customs clearance and trade, officials with the Council for Economic Planning and Development said yesterday. The measures taken by the government included providing online processing of trading documents, with more than 400,000 applications having been filed this way since the service was launched last March, the officials said.

■ Voucher limits highlighted

Revealing the findings of its survey conducted in late October, the Consumers' Foundation (消基會) said yesterday that half of the 14 kinds of gift vouchers collected for the study carried an expiry date. These vouchers issued by a variety of retailers have validity periods ranging from six months to two years. Voucher owners forfeit their rights if they inadvertently let them expire, the foundation said. Some vouchers could not be used at certain times, while others were precluded from being used to buy discount items or with buyers club membership cards. The foundation urged those consumers in possession of gift vouchers to read the fine print and find out about the restrictions.

■ NT dollar rises

The New Taiwan dollar gained against the US dollar on the Taipei Foreign Exchange yesterday, rising NT$0.032 to close at NT$32.818. A total of US$517 million changed hands during the day's trading.

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