Economics
Taiwan Food Scandal Forces Taipei 101 Executive Out of Post
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The chairman of the Taiwanese foodmaker tarnished by an edible-oil scandal resigned from his management positions at the operator of the island’s tallest skyscraper under government pressure.
Wei Ying-chiao, one of four brothers at the helm of Ting Hsin International Group, stepped down yesterday as vice chairman and president of Taipei Financial Center Corp., which operates Taipei 101, home of the city’s stock exchange.