The Taiwanese government is preparing to reverse a trend and allow investment in electronic media companies by political parties, the military and government units to reach up to 10 percent, reports said today. Minister without Portfolio Chang Chin-fu was reportedly preparing a proposal to submit for approval to the Executive Yuan in the near future.
The clause in the Satellite Broadcasting Act would also bar representatives of state-run corporations from launching new media or serving on the board or as manager or supervisor, reports said. Violations would lead to fines of NT$2 million (US$62,000).
on Jul 27th, 2010 at 05:00
This change has created a bit of stir, because of Taiwan’s (ROC) past. If this passes the Executive Yuan is still yet to be seen.