Students should pursue their interests instead of wealth, as wage stagnation cannot not be solved in the short term, Premier Lin Chuan (林全) said on Saturday, sparking a backlash on social media with the Executive Yuan making a late-night statement defending the premier’s statement.
During a visit to Tainan to inspect the construction of a “green” energy park in Shalun (沙崙), Lin said that wage stagnation has caused a brain drain, but there is no short-term solution to stalled wages.
The brain drain is the most pressing issue the nation is facing and it is caused by low salaries, but low salaries also mean low consumer prices, which can be a positive for attracting talent, Lin said.
What the government has to do is create a healthy business environment and encourage students to pursue their interests instead of fame and wealth, Lin said, adding that the park could be such an environment.
Critics accused the premier of justifying the working conditions that have caused wages to stagnate, and said that Lin — an established politician with financial resources — was detached from society if he suggests prioritizing the pursuit of interests over making ends meet.
In a statement, Executive Yuan spokesman Hsu Kuo-yung (徐國勇) said Lin’s comments were taken out of context, and what Lin meant was that he wishes the energy park would be a healthy environment for young people to seek achievements and to facilitate collaboration between local and international talents.
“Low salaries have caused the nation to lose its workforce, but with low salaries come low consumer prices, and it is a tremendous challenge to raise salaries without also increasing prices,” Hsu said.
“The nation’s purchasing power parity-based GDP ranks No. 10 in the world. Although we do not have short-term solutions to wage stagnation, we have to deal with the brain drain issue immediately,” Hsu said. “Although workers receive lower salaries, the work environment leaves room for achievement, prosperity and entrepreneurship. It is an environment where people can pursue their dreams. Hence, students are encouraged to pursue their interests rather than wealth.”
Fame and wealth would come along if people could find achievement in their jobs, he added.
To fight wage stagnation, he said the government would redouble its efforts to build infrastructure and revive the economy to create a work environment that pays higher wages.
The first global hotel Keys Selection by the Michelin Guide includes four hotels in Taiwan, Michelin announced yesterday. All four received the “Michelin One Key,” indicating guests are to experience a “very special stay” at any of the locations as the establishments are “a true gem with personality. Service always goes the extra mile, and the hotel provides much more than others in its price range.” Of the four hotels, three are located in Taipei and one in Taichung. In Taipei, the One Key accolades were awarded to the Capella Taipei, Kimpton Da An Taipei and Mandarin Oriental Taipei. Capella Taipei was described by
The Taichung District Court yesterday confirmed its final ruling that the marriage between teenage heir Lai (賴) and a man surnamed Hsia (夏) was legally invalid, preventing Hsia from inheriting Lai’s NT$500 million (US$16.37 million) estate. The court confirmed that Hsia chose not to appeal the civil judgement after the court handed down its ruling in June, making the decision final. In the June ruling, the court said that Lai, 18, and Hsia, 26, showed “no mutual admiration before the marriage” and that their interactions were “distant and unfamiliar.” The judge concluded that the couple lacked the “true intention of
EVA Airways today confirmed the death of a flight attendant on Saturday upon their return to Taiwan and said an internal investigation has been launched, as criticism mounted over a social media post accusing the airline of failing to offer sufficient employee protections. According to the post, the flight attendant complained of feeling sick on board a flight, but was unable to take sick leave or access medical care. The crew member allegedly did not receive assistance from the chief purser, who failed to heed their requests for medical attention or call an ambulance once the flight landed, the post said. As sick
INDUSTRY: Beijing’s latest export measures go beyond targeting the US and would likely affect any country that uses Chinese rare earths or related tech, an academic said Taiwanese industries could face significant disruption from China’s newly tightened export controls on rare earth elements, as much of Taiwan’s supply indirectly depends on Chinese materials processed in Japan, a local expert said yesterday. Kristy Hsu (徐遵慈), director of the Taiwan ASEAN Studies Center at the Chung-Hua Institution for Economic Research, said that China’s latest export measures go far beyond targeting the US and would likely affect any country that uses Chinese rare earths or related technologies. With Japan and Southeast Asian countries among those expected to be hit, Taiwan could feel the impact through its reliance on Japanese-made semi-finished products and