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Civic groups warn of impending financial crisis


Union of Taiwanese Teachers director Neil Peng, second left, yesterday speaks at a news conference in Taipei, urging the government to reform the pension system.
Photo: Chu Pei-hsiung, Taipei Times

A number of civic groups yesterday said that President Tsai Ing-wen (蔡英文) should be wary of an impending financial crisis facing the nation if the pension system does not undergo a systematic reform.

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Ill-gotten asset panel to ‘settle’ accounts: Koo

Committee of Illegal Party Asset Settlement Chairman Wellington Koo (顧立雄) yesterday said the organization would return the ill-gotten assets obtained by the Chinese Nationalist Party (KMT) during its authoritarian rule to their rightful owners.

During a plaque unveiling ceremony in Taipei, Premier Lin Chuan (林全) presented Koo with a seal and an appointment order, officially launching the committee.

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Newsflash


International relations academic Genki Fujii, fourth left, Formosa Republican Association Chairman Yen Ching-chang, center, Japanese Conservative Union Chairman Jikido Aeba, fourth right, former National Security Council deputy secretary-general Parris Chang, right, and others gesture at a seminar in Taipei yesterday.
Photo: Chien Jung-fong, Taipei Times

Japan should enforce a law parallel to the US’ Taiwan Relations Act (TRA) to consolidate its partnership with Taiwan, Jikido Aeba, a Japanese lawmaker and academic, told a seminar in Taipei yesterday.