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
SECURITY: As China is ‘reshaping’ Hong Kong’s population, Taiwan must raise the eligibility threshold for applications from Hong Kongers, Chiu Chui-cheng said When Hong Kong and Macau citizens apply for residency in Taiwan, it would be under a new category that includes a “national security observation period,” Mainland Affairs Council (MAC) Minister Chiu Chui-cheng (邱垂正) said yesterday. President William Lai (賴清德) on March 13 announced 17 strategies to counter China’s aggression toward Taiwan, including incorporating national security considerations into the review process for residency applications from Hong Kong and Macau citizens. The situation in Hong Kong is constantly changing, Chiu said to media yesterday on the sidelines of the Taipei Technology Run hosted by the Taipei Neihu Technology Park Development Association. With
CARROT AND STICK: While unrelenting in its military threats, China attracted nearly 40,000 Taiwanese to over 400 business events last year Nearly 40,000 Taiwanese last year joined industry events in China, such as conferences and trade fairs, supported by the Chinese government, a study showed yesterday, as Beijing ramps up a charm offensive toward Taipei alongside military pressure. China has long taken a carrot-and-stick approach to Taiwan, threatening it with the prospect of military action while reaching out to those it believes are amenable to Beijing’s point of view. Taiwanese security officials are wary of what they see as Beijing’s influence campaigns to sway public opinion after Taipei and Beijing gradually resumed travel links halted by the COVID-19 pandemic, but the scale of
A US Marine Corps regiment equipped with Naval Strike Missiles (NSM) is set to participate in the upcoming Balikatan 25 exercise in the Luzon Strait, marking the system’s first-ever deployment in the Philippines. US and Philippine officials have separately confirmed that the Navy Marine Expeditionary Ship Interdiction System (NMESIS) — the mobile launch platform for the Naval Strike Missile — would take part in the joint exercise. The missiles are being deployed to “a strategic first island chain chokepoint” in the waters between Taiwan proper and the Philippines, US-based Naval News reported. “The Luzon Strait and Bashi Channel represent a critical access
Pope Francis is be laid to rest on Saturday after lying in state for three days in St Peter’s Basilica, where the faithful are expected to flock to pay their respects to history’s first Latin American pontiff. The cardinals met yesterday in the Vatican’s synod hall to chart the next steps before a conclave begins to choose Francis’ successor, as condolences poured in from around the world. According to current norms, the conclave must begin between May 5 and 10. The cardinals set the funeral for Saturday at 10am in St Peter’s Square, to be celebrated by the dean of the College