The nation's central bank announced yesterday it had changed its English designation as shown on its official Web site.
The monetary authority, which was originally referred to as "Central Bank of China, Republic of China (Taiwan)," has been changed to "Central Bank of the Republic of China (Taiwan)."
The bank said in a news statement that the change was aimed at avoiding confusion and was consistent with international practices in which the official name of a country is used when referring to the central bank of that particular country.
The move comes amid the government's current efforts to change the names of state-owned enterprises that contain references to China.
In their respective board meetings on Friday, the Chinese Petroleum Corp (CPC, 中國石油) decided to change its name to "CPC Corp, Taiwan" (台灣中油) China Shipbuilding Corp (CSBC, 中國造船) decided to change its name to "CSBC Corp, Taiwan" (台灣國際造船) and Chunghwa Post Co (中華郵政) decided to change its name to "Taiwan Post Co" (台灣郵政).
The Cabinet claims the name change campaign will help avoid confusion resulting from Taiwan-based organizations carrying similar names to organizations in China.
President Chen Shui-bian (陳水扁) said on Thursday that similar changes would also be made to the names of the country's overseas embassies and representative offices in the future.
NO HUMAN ERROR: After the incident, the Coast Guard Administration said it would obtain uncrewed aerial vehicles and vessels to boost its detection capacity Authorities would improve border control to prevent unlawful entry into Taiwan’s waters and safeguard national security, the Mainland Affairs Council (MAC) said yesterday after a Chinese man reached the nation’s coast on an inflatable boat, saying he “defected to freedom.” The man was found on a rubber boat when he was about to set foot on Taiwan at the estuary of Houkeng River (後坑溪) near Taiping Borough (太平) in New Taipei City’s Linkou District (林口), authorities said. The Coast Guard Administration’s (CGA) northern branch said it received a report at 6:30am yesterday morning from the New Taipei City Fire Department about a
IN BEIJING’S FAVOR: A China Coast Guard spokesperson said that the Chinese maritime police would continue to carry out law enforcement activities in waters it claims The Philippines withdrew its coast guard vessel from a South China Sea shoal that has recently been at the center of tensions with Beijing. BRP Teresa Magbanua “was compelled to return to port” from Sabina Shoal (Xianbin Shoal, 仙濱暗沙) due to bad weather, depleted supplies and the need to evacuate personnel requiring medical care, the Philippine Coast Guard (PCG) spokesman Jay Tarriela said yesterday in a post on X. The Philippine vessel “will be in tiptop shape to resume her mission” after it has been resupplied and repaired, Philippine Executive Secretary Lucas Bersamin, who heads the nation’s maritime council, said
REGIONAL STABILITY: Taipei thanked the Biden administration for authorizing its 16th sale of military goods and services to uphold Taiwan’s defense and safety The US Department of State has approved the sale of US$228 million of military goods and services to Taiwan, the US Department of Defense said on Monday. The state department “made a determination approving a possible Foreign Military Sale” to the Taipei Economic and Cultural Representative Office in the US for “return, repair and reshipment of spare parts and related equipment,” the defense department’s Defense Security Cooperation Agency said in a news release. Taiwan had requested the purchase of items and services which include the “return, repair and reshipment of classified and unclassified spare parts for aircraft and related equipment; US Government
More than 500 people on Saturday marched in New York in support of Taiwan’s entry to the UN, significantly more people than previous years. The march, coinciding with the ongoing 79th session of the UN General Assembly, comes close on the heels of growing international discourse regarding the meaning of UN Resolution 2758. Resolution 2758, adopted by the UN General Assembly in 1971, recognizes the People’s Republic of China (PRC) as the “only lawful representative of China.” It resulted in the Republic of China (ROC) losing its seat at the UN to the PRC. Taiwan has since been excluded from
RSS