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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


President Tsai Ing-wen, left, yesterday at a 228 Incident memorial ceremony in Keelung presents Liu Chen-hsiung with a certificate restoring the reputation of his father, Liu Hsin-fu.
Photo: Tu Chien-jung, Taipei Times

The nation’s transitional justice efforts would soon reach a new milestone with the Cabinet taking over the responsibilities of the ad hoc Transitional Justice Commission, President Tsai Ing-wen (蔡英文) said yesterday during a 228 Incident memorial in Keelung.

During an address to commemorate the 75th anniversary of the 1947 Incident, Tsai said that the commission, established in 2018, would disband at the end of May after issuing its final report on human rights abuses under the then-Chinese Nationalist Party (KMT) regime.