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Taiwan Tati Cultural and Educational Foundation

Cabinet task force to probe derailment


An aerial photograph taken yesterday shows carriages of the Puyuma Express train that derailed on Sunday afternoon in Yilan County.
Photo: Daniel Shih, AFP

The Cabinet yesterday established a task force to investigate Sunday’s deadly train accident in Yilan County.

The 15-member task force is led by Minister Without Portfolio Wu Tze-cheng (吳澤成), while Bureau of High Speed Rail Director-General Allen Hu (胡湘麟) serves as executive secretary and spokesman, Cabinet spokeswoman Kolas Yotaka said.

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Firms in China face policy risk

Data released by the Chinese National Bureau of Statistics on Friday showed that China’s GDP growth slowed to 6.5 percent in the third quarter, the lowest since early 2009. China’s growth faces increasing pressure from the US-China trade war, Beijing’s financial deleveraging and property curbs, the US Federal Reserve’s interest rate hikes and a weakening yuan that is prompting capital outflows.

The People’s Bank of China has lowered its reserve requirement ratio four times to encourage lending and has urged banks to increase lending to cash-starved small companies, but Chinese media have reported that banks’ loan requirements for small firms and private companies remain stringent, and further reserve requirement reduction is expected.

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Formosa Alliance rally draws 130,000


aiwanese independence supporters wave flags and shout slogans at the Formosa Alliance’s rally in Taipei yesterday to demand the right to hold a referendum on Taiwanese independence.
Photo: EPA / Ritchie B. Tongo

Under the Formosa Alliance’s rallying call, tens of thousands of people yesterday gathered in front of the Democratic Progressive Party’s (DPP) headquarters in Taipei, demanding an amendment to the Referendum Act (公民投票法) to allow for a poll promoting Taiwanese independence and rejecting Chinese annexation.

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F-16 repair center prioritized


An F-16 jet performs during the Air Force Day airshow at Chiayi Air Base on Aug. 7.
Photo: Lin I-chang, Taipei Times

Taiwan and the US have agreed to prioritize the development of indigenous depot-level maintenance and repairs for Lockheed Martin F-16s, a defense official said yesterday.

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Newsflash

National Taiwan University Hospital physician Ko Wen-je (柯文哲), a member of former president Chen Shui-bian’s (陳水扁) private medical team, on Saturday called on the government to “let Chen go home,” saying that the incarcerated Chen’s condition is deteriorating.

Ko, who plans to run as an independent in the upcoming Taipei mayoral election, issued the call at an event organized by the Ketagalan Foundation, which was founded by Chen.