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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


Protesters hold banners with Premier Jiang Yi-huah’s portrait outside the Taipei District Court yesterday, where he was questioned about the handling of the Sunflower movement protests.
Photo: Liao Chen-huei, Taipei Times

Under a heavy police presence and with more than 100 demonstrators calling on him to resign, Premier Jiang Yi-huah (江宜樺) yesterday afternoon appeared in court to face charges of attempted murder filed against him and high-ranking police officers in a private prosecution over the violent crackdown on protesters who briefly took over the Executive Yuan in March.