Premier-designate Yu Shyi-kun yesterday presented his fourth and final round of Cabinet appointees, including the new economic affairs and finance ministers, completing the reshuffled Cabinet which is to be sworn in on Feb. 1.
Lee Yung-shan (
Christine Tsung (
"Expertise, personality and suitability are my main criteria for making the nominations," Yu said, downplaying media speculation that Lee's appointment was a decision made overnight.
Just hours before midnight on Wednesday, Benny Hu (
But according to local media reports, Liu Tai-ying (劉泰英) -- Hu's former boss and current chairman of the CDIB -- opposed the appointment, prompting Yu and President Chen Shui-bian (陳水扁) to reconsider their choice and turn to former president Lee Teng-hui's (李登輝) finance wizard.
Yu stressed yesterday that he had the final say on all Cabinet appointments.
The new finance minister had turned down the offer at least three times before he finally agreed to take the post, Yu said.
Flatly denying that cronyism was also part of the decision-making process for the economic affairs and finance posts, Yu said that his ideal candidates were those with "a combination of industrial, academic and governmental backgrounds."
Assuring the media that they are suited for their new posts, Lee and Tsung yesterday outlined their qualifications for the tasks they have been assigned.
"My widespread contacts within the banking sector and academic circles will facilitate my future role as a bridge between the government and the private sector," Lee said.
Tsung said: "In the US, I had 15 years of experience working for the high-tech industry, a steel company and other traditional industries including the manufacturing sector."
Tsung added that she would soon relinquish her US citizenship before taking office.
Praising his successor, vice premier-designate Lin Hsin-yi (
Lin said he believed the two appointees would serve the people of Taiwan with a "customer-orientated" attitude.
Lee, 63, who holds a PhD in economics from the University of Wisconsin, had previously served as president of Chiao Tung Bank (交通銀行) and director of the Institute of Economics at Academia Sinica.
Tsung, 54, earned an MBA from the University of Missouri and studied management for one year at Washington University's graduate school before she worked as a marketing manager with Columbia Pictures and subsequently deputy CEO with US consumer-electronics company Electrolux.
She also served as a finance officer for the city government of Poway, near San Diego, California.
Other appointments yesterday included Lin Lin-san (林陵三) -- who will be promoted from vice minister to head up the Ministry of Transportation and Communications.
Meanwhile, Lin's predecessor Yeh Chu-lan (
Incoming Minister without Portfolio Kuo Yao-chi (
Hu Sheng-cheng (
Ouyang Min-shen (
Altogether Yu's new Cabinet contains 39 members, of which 23 posts have changed hands and 16 have been retained by members of the previous Cabinet. With an average age of 53, 31 are male and eight are female.Also See Stories:
Observers say DPP gaining confidence
Newsmakers: Huang returns to education fold
Newsmakers: New GIO head boasts diverse experience
Editorial: Economics picks boost confidence
New MOEA chief turns some heads
AIR SUPPORT: The Ministry of National Defense thanked the US for the delivery, adding that it was an indicator of the White House’s commitment to the Taiwan Relations Act Deputy Minister of National Defense Po Horng-huei (柏鴻輝) and Representative to the US Alexander Yui on Friday attended a delivery ceremony for the first of Taiwan’s long-awaited 66 F-16C/D Block 70 jets at a Lockheed Martin Corp factory in Greenville, South Carolina. “We are so proud to be the global home of the F-16 and to support Taiwan’s air defense capabilities,” US Representative William Timmons wrote on X, alongside a photograph of Taiwanese and US officials at the event. The F-16C/D Block 70 jets Taiwan ordered have the same capabilities as aircraft that had been upgraded to F-16Vs. The batch of Lockheed Martin
GRIDLOCK: The National Fire Agency’s Special Search and Rescue team is on standby to travel to the countries to help out with the rescue effort A powerful earthquake rocked Myanmar and neighboring Thailand yesterday, killing at least three people in Bangkok and burying dozens when a high-rise building under construction collapsed. Footage shared on social media from Myanmar’s second-largest city showed widespread destruction, raising fears that many were trapped under the rubble or killed. The magnitude 7.7 earthquake, with an epicenter near Mandalay in Myanmar, struck at midday and was followed by a strong magnitude 6.4 aftershock. The extent of death, injury and destruction — especially in Myanmar, which is embroiled in a civil war and where information is tightly controlled at the best of times —
Taiwan was ranked the fourth-safest country in the world with a score of 82.9, trailing only Andorra, the United Arab Emirates and Qatar in Numbeo’s Safety Index by Country report. Taiwan’s score improved by 0.1 points compared with last year’s mid-year report, which had Taiwan fourth with a score of 82.8. However, both scores were lower than in last year’s first review, when Taiwan scored 83.3, and are a long way from when Taiwan was named the second-safest country in the world in 2021, scoring 84.8. Taiwan ranked higher than Singapore in ninth with a score of 77.4 and Japan in 10th with
SECURITY RISK: If there is a conflict between China and Taiwan, ‘there would likely be significant consequences to global economic and security interests,’ it said China remains the top military and cyber threat to the US and continues to make progress on capabilities to seize Taiwan, a report by US intelligence agencies said on Tuesday. The report provides an overview of the “collective insights” of top US intelligence agencies about the security threats to the US posed by foreign nations and criminal organizations. In its Annual Threat Assessment, the agencies divided threats facing the US into two broad categories, “nonstate transnational criminals and terrorists” and “major state actors,” with China, Russia, Iran and North Korea named. Of those countries, “China presents the most comprehensive and robust military threat