Chinatrust Financial Holding Co’s (中信金控) chief economic adviser Christina Liu (劉憶如) informed reporters late on Friday that she had been appointed to succeed Tsai Hsun-hsiung (蔡勳雄) as head of the Council for Economic Planning and Development (CEPD).
Liu, daughter of former Chinese Nationalist Party (KMT) minister of finance Guo Woan-rong (郭婉容), called reporters in person, saying she had obtained the approval of Premier Wu Den-yih (吳敦義) to make the calls.
Approached by reporters yesterday, Wu refused to confirm the news.
After serving two terms as a legislator-at-large for the People First Party, Liu worked at Daiwa Securities and then Chinatrust Financial Holding Co.
With a doctorate in economics from the University of Chicago, Liu has been a professor at the City University of New York, University of Chicago, Australian National University, Beijing Tsing Hua University, the Chinese University of Hong Kong and National Taiwan University.
Wu said he would unveil new Cabinet officials, mostly in economics-related ministries, all at once before Wednesday, ahead of the second anniversary of President Ma Ying-jeou’s (馬英九) inauguration on Thursday.
Minister of Finance Lee Sush-der (李述德), one of the officials believed likely to lose his position, was tight-lipped yesterday when asked for comment.
Speaking to reporters, Liu said she was keen to help the government make the next decade a “golden age” for Taiwan, a pledge made by Ma when pushing to sign an economic cooperation framework agreement (ECFA) with China.
Taiwan is stepping up plans to create self-sufficient supply chains for combat drones and increase foreign orders from the US to counter China’s numerical superiority, a defense official said on Saturday. Commenting on condition of anonymity, the official said the nation’s armed forces are in agreement with US Admiral Samuel Paparo’s assessment that Taiwan’s military must be prepared to turn the nation’s waters into a “hellscape” for the Chinese People’s Liberation Army (PLA). Paparo, the commander of the US Indo-Pacific Command, reiterated the concept during a Congressional hearing in Washington on Wednesday. He first coined the term in a security conference last
Prosecutors today declined to say who was questioned regarding alleged forgery on petitions to recall Democratic Progressive Party (DPP) legislators, after Chinese-language media earlier reported that members of the Chinese Nationalist Party (KMT) Youth League were brought in for questioning. The Ministry of Justice Investigation Bureau confirmed that two people had been questioned, but did not disclose any further information about the ongoing investigation. KMT Youth League members Lee Hsiao-liang (李孝亮) and Liu Szu-yin (劉思吟) — who are leading the effort to recall DPP caucus chief executive Rosalia Wu (吳思瑤) and Legislator Wu Pei-yi (吳沛憶) — both posted on Facebook saying: “I
Sung Chien-liang (宋建樑), who led efforts to recall Democratic Progressive Party (DPP) Legislator Lee Kun-cheng (李坤城), was released on bail of NT$80,000 today amid outcry over his decision to wear a Nazi armband to questioning the night before. Sung arrived at the New Taipei District Prosecutors’ Office for questioning in a recall petition forgery case last night wearing a red armband bearing a swastika, carrying a copy of Adolf Hitler’s Mein Kampf and giving a Nazi salute. Sung left the building at 1:15am without the armband and covering the book with his coat. Lee said today that this is a serious
Firefighters are working to put out a fire on Taipei’s Yangmingshan (陽明山) reported earlier this morning. The cause of the fire is still under investigation. The Taipei Fire Department said it received a report of a fire at Xiaoyoukeng (小油坑) at 11:17am, dispatching four command vehicles, 16 firetrucks, one ambulance and 72 personnel. The fire is still burning on about 250m² of land, according to initial estimates, as eyewitnesses reported seeing smoke rising from the mountain. The Yangmingshan National Park Headquarters on Facebook said the Qixingshan (七星山) hiking trail starting from Xiaoyoukeng and the Xiaoyoukeng parking lot are closed as firefighters work to put