The central bank yesterday said it would shuffle its top-ranking officials after the retirement of Deputy Governor Hsu Yi-hsiung (徐義雄).
The bank's clearing and settlement bureau chief, Yang Chin-lung (
Yang, 55, earned a master's degree from National Chengchi University and a doctorate in economics from Birmingham University in Britain. He joined the central bank in 1989.
Before taking the helm at the clearing and settlement bureau, Yang served as an economic research fellow, a manager at the foreign exchange bureau and the director of the central bank's representative office in London.
Yang has made significant contributions in establishing real-time lump sum settlement systems and improved the bills financing credit management system, the statement said.
Treasury bureau chief Yu Chin-tang (
Yan, 52, specializes in macroeconomic research, international financing and Taiwan-China economic ties. He joined the central bank in 1993.
To many, Tatu City on the outskirts of Nairobi looks like a success. The first city entirely built by a private company to be operational in east Africa, with about 25,000 people living and working there, it accounts for about two-thirds of all foreign investment in Kenya. Its low-tax status has attracted more than 100 businesses including Heineken, coffee brand Dormans, and the biggest call-center and cold-chain transport firms in the region. However, to some local politicians, Tatu City has looked more like a target for extortion. A parade of governors have demanded land worth millions of dollars in exchange
An Indonesian animated movie is smashing regional box office records and could be set for wider success as it prepares to open beyond the Southeast Asian archipelago’s silver screens. Jumbo — a film based on the adventures of main character, Don, a large orphaned Indonesian boy facing bullying at school — last month became the highest-grossing Southeast Asian animated film, raking in more than US$8 million. Released at the end of March to coincide with the Eid holidays after the Islamic fasting month of Ramadan, the movie has hit 8 million ticket sales, the third-highest in Indonesian cinema history, Film
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