Thu, Apr 10, 2003 - Page 3 News List

Cabinet may help tourism industry

A PANACEAWith the panic over atypical pneumonia hitting the industry particularly hard, the Executive Yuan is mulling over a plan to cut taxes for affected businesses

By Ko Shu-ling  /  STAFF REPORTER

In outbound travel, over 90 percent of the China-bound travel groups have been canceled and nearly all of the Hong-Kong bound individual trips have been canceled.

Travel to Japan has been reduced by 10 to 20 percent, travel to Southeast Asia by 30 to 40 percent, and travel to Europe and the US by 20 to 30 percent.

In inbound travel, group travel from Japan has seen a decrease of 50 percent to 60 percent, a 90 percent decrease from South Korea, 80 percent from Europe and the US, and 20 percent from Hong Kong and Macao. Individual travel from Hong Kong and Macao has also dropped by 20 percent.

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