Taiwan Business Quick Take

Staff writer, with CNA

Wed, Jul 31, 2013 - Page 14


No rest for office workers

More than half of Taiwanese office workers devote more than three hours a day while on vacation to work-related matters, according to the results of a survey conducted by global workplace solutions provider Regus PLC, which was released yesterday. More than 26,000 office workers from 96 countries took part in the survey, which found that 17 percent of employees reported working three hours a day on average during their holidays. The figure for Taiwanese workers stood at 51 percent. The research also found that 42 percent of men and 34 percent of women worldwide had to deal with work-related telephone calls and e-mails while on vacation.


Government warned on debt

The government faces more than NT$3 trillion (US$100.18 billion) in debts due throughout the 10-year period ending in 2021, with the peak repayment period set for 2016, the National Audit Office said on Monday. More than NT$465 billion in government bonds are due in 2016, according to an audit released by the office on the final accounts of the central government for last year. According to the report, by the end of this year the government’s outstanding debt with maturity of one year and above will account for 38.07 percent of the average GDP for the previous three years. That means the government has a little more than NT$300 billion left in its line of credit, the office said, cautioning it to properly allocate the nation’s resources.