Lai Qingde Files Constitutional Interpretation Due to TSMC Concerns

Reported 8 months ago

President Lai Qingde announced his intention to file for constitutional interpretation regarding the parliamentary reform bill due to concerns raised by various sectors, including the business community, foreign chambers of commerce, and international entities, after the bill was passed. Specifically, worries were raised about the newfound investigative powers granted to legislators, potentially jeopardizing commercial secrets of companies like TSMC. Lai emphasized the need to protect the business environment and economic competitiveness of Taiwan, amidst criticism from the opposition Kuomintang regarding the impact on the capital market and allegations of insults towards TSMC.

Source: YAHOO

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