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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.

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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.”

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Newsflash


A plaque declaring National Chung Cheng University’s support for academic freedom and the actions of students who participated in the Sunflower movement is pictured yesterday on the campus in Chiayi County’s Minxiong Township.
Photo: Tseng Nai-chiang, Taipei Times

Three National Chung Cheng University alumni on Saturday launched an online petition calling on the school to fire former premier Jiang Yi-huah (江宜樺) for ordering an eviction of student protesters occupying the Executive Yuan during the Sunflower movement protests in 2014.