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PRC surprises with early increase in bank reserve ratio

Wednesday, 13 January 2010 08:12 Taipei Times

China yesterday raised the proportion of deposits that banks must hold in reserve in the clearest sign yet that it has started to tighten monetary policy with its economy roaring back to the brink of overheating.

The 0.5 percentage point increase in the reserve requirement ratio (RRR) will take effect on Monday and will apply to all banks apart from rural credit cooperatives, the People’s Bank of China said on its Web site.

Smell of burning causes evacuation of Taipei MRT train

Tuesday, 12 January 2010 07:50 Taipei Times

Around 250 passengers aboard a northbound train on Taipei’s Wenshan-Neihu MRT line were evacuated yesterday after staff at Nanjing East Road station detected a burning odor coming from cars.

The incident occurred at 8:29am when the train was at Nanjing East Road station.

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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

Lin Fei-fan, center, and other student protesters yesterday clash with police outside the Novotel Hotel at the Taiwan Taoyuan International Airport in Taoyuan County, where Mainland Affairs Council Minister Wang Yu-chi and China’s Taiwan Affairs Office Minister Zhang Zhijun were meeting.
Photo: Chou Min-hung, Taipei Times

Activists yesterday accused the government of abuse of power after a group of “unidentified people” charged into their rooms at the Novotel in Taiwan Taoyuan International Airport and demanded that they move out before China’s Taiwan Affairs Office Minister Zhang Zhijun (張志軍) was to meet his Taiwanese counterpart, Mainland Affairs Council Minister Wang Yu-chi (王郁琦), at the hotel.

Rights activist and attorney Lai Chung-chiang (賴中強) condemned the government and Novotel over the hotel’s treatment of him as a guest.