Taiwan Tati Cultural and Educational Foundation

 
  • Increase font size
  • Default font size
  • Decrease font size
Home The News

News

Health minister resigns over premium dispute

Department of Health Minister Yaung Chih-liang (楊志良) tendered his resignation in a shock move yesterday, saying he could not fulfill Premier Wu Den-yih’s (吳敦義) request that 75 percent of the insured be exempted from a proposal to increase national health insurance premiums.

Wu rejected Yaung’s resignation late last night, however. Executive Yuan spokesman Johnny Chiang (江啟臣) said the premier hoped Yaung would stay in the position.

Read more...
 
 

China sees bank risks in local-government financing

Chinese central bank Governor Zhou Xiaochuan (周小川) said that local-government financing vehicles using land as collateral may pose risks for the nation’s banks.

“When land prices rise, there may be over-valuation of land,” Zhou said at a press briefing in Beijing yesterday. “In the future, if land prices fall, there may be a difference in the assessment of the loan.”

Read more...
 


Page 221 of 250

Newsflash

The military is to station mobile missile defense systems along Taiwan’s east coast after Chinese military vessels were spotted in the area, a source said yesterday.

On Friday, six Chinese warships, including the aircraft carrier Liaoning, entered the Pacific Ocean via the Miyako Strait, posing a threat to Taiwan’s east coast.

The Japanese Ministry of Defense on Friday confirmed the passage of the ships, saying that its Maritime Self-Defense Force monitored the vessels, adding that they did not enter Japan’s territorial waters.