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Health minister resigns over premium dispute

Tuesday, 09 March 2010 08:28 Taipei Times

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.

China sees bank risks in local-government financing

Monday, 08 March 2010 09:30 Taipei Times

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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228 Tâi-uân-sîn

We're 228 Followers

2015-12-26 Taiwanese Shrine Initation & Marytr-Spirit Enshrine Ceremony

2014-02-28 228 Tâi-uân-sîn(Taiwan gods) Thanksgiving Blessing Assembly and Trong R. Chai Tâi-uân-sîn Thanksgiving Praying Ceremony

2013-08-18 Holy Mountain Holiness Birthday and Tâi-uân-sîn Lin Mao-sheng Statue's Placement Ceremony

2013-02-28 228 Tâi-uân-sîn Thanksgiving Prayer Assembly - Realized the Determination of Founding Taiwan State with Democratic Power

228 Memorial and Bian Casters Gathering on Feb. 28th, 2010

Newsflash

The Ministry of National Defense plans to increase the production of anti-ship missiles from this year to 2025 to bolster the nation’s maritime defenses, an official said yesterday.

The extended-range variant of the Hsiung Feng III anti-ship missile is entering mass production this year, while the production volume of the Hsiung Feng II and the base model of the Hsiung Feng III is to be ramped up, the official said, speaking on condition of anonymity.

The estimated cost for the missiles this year is NT$15.5 billion (US$497.83 million), rising to NT$19.8 billion next year before peaking at NT$22 billion in 2025, they said.