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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


Taiwan Solidarity Union Legislator Lin Shih-chia, center, and Democratic Progressive Party Legislator Lin Chia-lung, right, yesterday propose that all central government agencies be moved far away from any nuclear power plants.
Photo: CNA

Taiwan Solidarity Union Legislator Lin Shih-chia (林世嘉) and Democratic Progressive Party Legislator Lin Chia-lung (林佳龍) yesterday proposed that the nation’s capital be relocated outside the “evacuation zone” in the 50km radius around operational nuclear power plants.

“Of the 211 nuclear power plants operating around the world, there are only six plants that have more than 3 million people living within 30km of them, and two of them are the Jinshan Nuclear Power Plant in New Taipei City’s (新北市) Shihmen District (石門) and the Guosheng Nuclear Power Plant in the same city’s Wanli District (萬里),” Lin Shih-chia said.