Word: ying
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...felt by politicians and policymakers, who have slashed interest rates and hiked fiscal spending in an attempt to stimulate growth. In January, Taiwan's government doled out $2.6 billion in spending vouchers - or about $100 a person - to encourage consumers to splash out. The administration of President Ma Ying-jeou is also pushing a $14.7 billion program of infrastructure projects through the legislature, which includes funding for construction of better bridges and more subways. Singapore in January announced a $13.4 billion "Resilience Package" that will increase the country's budget deficit to a record level. Yet there is a limit...
...tigers are already heading in the right direction. Shortly after South Korean President Lee Myung Bak took office last year, he launched a program to improve the services sector by increasing financial assistance to targeted businesses and by reducing red tape. Taiwan President Ma Ying-jeou is undertaking his own deregulation program, with a special focus on Taiwan's biggest trading partner, China. Ma believes that sectors of Taiwan's economy, such as tourism and finance, have been stunted by the island's political standoff with Beijing. (China considers Taiwan a renegade province.) Ma is pushing for an agreement with...
...because they lack the scale, financial resources and technical prowess of their larger Korean and American rivals. The companies' woes are pushing the Taiwan government toward a bailout of the industry. "We have the intention and the resolve to help the DRAM companies through difficult times," Taiwan President Ma Ying-jeou reportedly told electronics industry executives in early January. Aid is crucial, policymakers believe, because Taiwan's chipmakers are simply too important to the economy, which specializes in manufacturing gear like notebook PCs. "It's bad for the whole high-tech industry here if the DRAM industry fails," says...
...foes China and Taiwan resumed direct, daily commercial flights for the first time in almost 60 years, ending the need for travelers to add hours to their trip by changing planes. The flights--as well as direct ship traffic--are seen as a result of Taiwan President Ma Ying-jeou's work to thaw relations with Beijing...
...Having barely eaten for the last month on hunger strike, Chen claims his arrest is politically motivated by the current administration of President Ma Ying-jeou in a bid to appease China. Ma has been forging economic ties with China since he came to office in May, while Chen has historically had tense relations with Taiwan's giant neighbor because of his independence leanings. Ma has given no comment on the indictment and said that he respects Taiwan's judicial process...