The long arm of the KMT.(Kuomintang under pressure to reduce its business holdings)(Brief Article)

From: The Economist (US) | Date: June 13, 1998 | Copyright information

TAIPEI

IN MOST countries voters are scandalised when they learn that a political party is in bed with big business. Not in Taiwan-at least, not until recently. The ruling party, the nationalist Kuomintang (KMT) has itself been one of the country's biggest businesses. Its commercial interests include Taiwan's largest holding companies. Its nominees include managing directors or chairmen in some 70 firms. Were KMT an ordinary company, its pre-tax profits, of NT$16.1 billion ($...

Read all of this article with a FREE trial to HighBeam Research

Related newspaper, magazine, and journal articles from HighBeam Research

Goodbye, KMT Inc.(Brief Article)
The Economist (US) ; TAIPEI TAIWAN and its arch-enemy, mainland China, may feast on their differences, but they are all too alike when it comes to the links between politics and business. For most of its history, Taiwan's ruling party, the Kuomintang (KMT), has run a huge business empire for a combination of reasons:
China again for the Kuomintang; Taiwan; Taiwan's KMT moves right.(Asia)(Brief Article)
The Economist (US) ; ONE year after the Kuomintang ( KMT ) lost a bid for Taiwan's presidency and thus suffered its greatest defeat since 1949, the man primarily responsible for that blow, Lien Chan, was elected unopposed as party chairman on March 24th. Mr Lien's success was no surprise, since he has been running the
Fear Factor; The island's election is still anybody's race. But for the once-dominant KMT, the stakes couldn't be higher.(the Kuomintang party, Taiwan)
Newsweek International ; Byline: George Wehrfritz and Tim Culpan The Kuomintang's message in Taiwan's upcoming presidential election is more cautionary than inspirational. A vote for the once-dominant party, dramatically tossed from power just four years ago, is a vote for economic growth, steady-handed governance and
Hawaiian issues spawning political party
Honolulu Star - Bulletin ; State legislators and other elected officials seen as nonchalant about Hawaiian issues have prompted the possible resurgence of a political party that supported Hawaiians a century ago. Organizers of the Aloha Aina Political Party said the recent and swift effort by Gov. Ben Cayetano and the state
KMT has no intention of selling stake in Westport, BUSINESS TIMES
Business Times (Malaysia) ; Francis Fernandez Business Times (Malaysia) 08-02-2000 KELANG Multi Terminal (KMT) Sdn Bhd has no intention of selling off a 30 per cent stake in Westport to foreign companies. Its executive chairman, Tan Sri G. Gnanalingam, said "the majority of our shareholders are not interested in selling down