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Tsai vows to liberalize finance rules


President Tsai Ing-wen speaks at the opening ceremony of the 2020 Taiwan Capital Market Forum, held by the Liberty Times, in Taipei’s Neihu Disitrct yesterday.
Photo: Liu Hsin-de, Taipei Times

Taiwan would liberalize banking and investment rules to establish itself as a regional financial hub, President Tsai Ing-wen (蔡英文) told the Taiwan Capital Market Forum in Taipei yesterday.

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Former president Lee Teng-hui dies


Former president Lee Teng-hui, who passes away at 97 in Taipei yesterday, is pictured on the cover of Newsweek magazine in 1996.
Photo: Screen grab from Facebook

Former president Lee Teng-hui (李登輝) passed away at 7:24pm yesterday at Taipei Veterans General Hospital. He was 97 years old.

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Newsflash


A Republic of China Navy submarine is moored at the Zuoying naval base in Kaohsiung’s Zuoying District as a warship stands in the background during a visit by President Tsai Ing-wen on March 21 last year.
Photo: Chang Chung-i, Taipei Times

The indigenous submarine program has all the signs of becoming another multibillion-dollar scandal tarnished by graft and shady deals, with shadowy figures establishing shell companies to procure the contracts, including some who were involved in the Lafayette frigate scandal of the 1990s, insiders said yesterday.