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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

The Democratic Progressive Party (DPP) yesterday accused opposition parties of taking orders from Beijing to stall Taiwan’s special defense budget.

A group of seven KMT Legislators, including Weng Hsiao-ling (翁曉玲), Yeh Yuan-chih (葉元之) and Lin Szu-ming (林思銘) attended an event in Xiamen hosted by the Xiamen Taiwan Businessmen Association over the weekend, where they met officials from Beijing’s Taiwan Affairs Office. The subject of their discussions was not divulged, leading to grave concern.

“KMT legislators rushed to fly to China, even though there is still lots of important work in the legislature. When asked, they refused to discuss their trip to Xiamen. Are they reporting to Chinese officials, who are now in charge of the KMT?” DPP spokesman Justin Wu (吳崢) said.