Premier-designate Tang Fei (
Economist Lo Fu-chuan (
With the Cabinet-building now completed, President-elect Chen Shui-bian (
Chen, Tang and the new Cabinet will take office on May 20.
Chen Po-chih was yesterday reported as having agreed to the nomination as chairman of the CEPD, which acts as an official think tank to advise the government on economic planning, and a coordinator between different ministries in promoting crucial cross-agency policies.
The completed financial and economic team includes Lin Chuan (
The incoming CEPD head is believed to have had a close relationship with both outgoing President Lee Teng-hui (
He has also been a principle architect of the so-called "no haste, be patient (
He told reporters yesterday, however, that there was a need to review and rectify the policy due to the government's efforts to enter the WTO. But he insisted that the policy should not be abolished.
In related news, Schive Chi (
Hsia, the incumbent head of the AEC's research institute on nuclear energy, is to become the AEC's chairman, an appointment confirmed by government spokesman-designate Chung Ching (
According to Chung, Hsia received a PhD in nuclear engineering from MIT and has worked for the AEC for more than 10 years.
Another important appointment in the foreign relations field is also reportedly about to be confirmed.
Lo, an academic at the UN University in Japan, is likely to take over for Chuang Ming-yao (莊銘耀), secretary general-designate of National Security Council, as representative to Japan.
DPP lawmaker Lee Ying-yuan (李應元) was quoted as saying yesterday that Lo has served in the UN to resolve economic issues in developing Asian countries and is therefore familiar in political circles in many Asian countries.
Taiwan is projected to lose a working-age population of about 6.67 million people in two waves of retirement in the coming years, as the nation confronts accelerating demographic decline and a shortage of younger workers to take their place, the Ministry of the Interior said. Taiwan experienced its largest baby boom between 1958 and 1966, when the population grew by 3.78 million, followed by a second surge of 2.89 million between 1976 and 1982, ministry data showed. In 2023, the first of those baby boom generations — those born in the late 1950s and early 1960s — began to enter retirement, triggering
ECONOMIC BOOST: Should the more than 23 million people eligible for the NT$10,000 handouts spend them the same way as in 2023, GDP could rise 0.5 percent, an official said Universal cash handouts of NT$10,000 (US$330) are to be disbursed late next month at the earliest — including to permanent residents and foreign residents married to Taiwanese — pending legislative approval, the Ministry of Finance said yesterday. The Executive Yuan yesterday approved the Special Act for Strengthening Economic, Social and National Security Resilience in Response to International Circumstances (因應國際情勢強化經濟社會及民生國安韌性特別條例). The NT$550 billion special budget includes NT$236 billion for the cash handouts, plus an additional NT$20 billion set aside as reserve funds, expected to be used to support industries. Handouts might begin one month after the bill is promulgated and would be completed within
The National Development Council (NDC) yesterday unveiled details of new regulations that ease restrictions on foreigners working or living in Taiwan, as part of a bid to attract skilled workers from abroad. The regulations, which could go into effect in the first quarter of next year, stem from amendments to the Act for the Recruitment and Employment of Foreign Professionals (外國專業人才延攬及僱用法) passed by lawmakers on Aug. 29. Students categorized as “overseas compatriots” would be allowed to stay and work in Taiwan in the two years after their graduation without obtaining additional permits, doing away with the evaluation process that is currently required,
RELEASED: Ko emerged from a courthouse before about 700 supporters, describing his year in custody as a period of ‘suffering’ and vowed to ‘not surrender’ Former Taiwan People’s Party (TPP) chairman Ko Wen-je (柯文哲) was released on NT$70 million (US$2.29 million) bail yesterday, bringing an end to his year-long incommunicado detention as he awaits trial on corruption charges. Under the conditions set by the Taipei District Court on Friday, Ko must remain at a registered address, wear a GPS-enabled ankle monitor and is prohibited from leaving the country. He is also barred from contacting codefendants or witnesses. After Ko’s wife, Peggy Chen (陳佩琪), posted bail, Ko was transported from the Taipei Detention Center to the Taipei District Court at 12:20pm, where he was fitted with the tracking
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