Morgan Hwang Explained

Morgan Hwang
Huang Ing-san
Nationality:Taiwanese
Office2:Minister of Economic Affairs
Term Start2:25 January 2006
Term End2:4 August 2006
Predecessor2:Ho Mei-yueh
Successor2:Steve Chen
Birth Date:1941 4, df=y
Birth Place:Taichu Prefecture, Taiwan, Empire of Japan (today Changhua County, Taiwan)
Alma Mater:National Chung Hsing University
National Chengchi University

Morgan Hwang (; born 18 April 1941) is a Taiwanese business executive and politician.

Early career

Hwang earned a degree in economics from National Chung Hsing University's Taipei campus. He then obtained a master's and doctoral degree in business management from National Chengchi University.[1] [2] His teaching career, some of which was spent at NCHU, spanned three decades. Hwang spent eleven years working for Sampo Corporation, seven years at China Color Printing, and two years with .[3]

He became chairman of Taiwan Tobacco and Liquor Corporation in October 2002, shortly after TTL had been renamed from the Taiwan Tobacco and Wine Monopoly Bureau.[2] [4] Weeks after taking the position, Hwang backed government efforts to test for bootleg rice wine, announcing that TTL would provide free wine testing in partnerships with local authorities.[5] He stated in 2003 that TTL's Long Life cigarettes would be sold in China.[6] [7] However, the products did not hit the Chinese market until late 2004.[8] Hwang's attempt to market Taiwan Beer in China saw similar delays.[9] [10] [11] Under Hwang, TTL also turned to younger drinkers and the international market to expand business.[4] [12] [13] As chairman, Hwang explored privatization of the company with multiple investors.[14] However, employees rejected the plan in an April 2004 vote.[15] [16] Later, Hwang stated that privatization would still occur.[17]

In July 2005, Huang assumed the chairmanship of the Taiwan Power Company.[18] [19]

Ministry of Economic Affairs

Hwang was appointed Minister of Economic Affairs in January 2006.[20] [21] He approved Taipower's first rate increase in 23 years that May.[22] In June, Huang visited Indonesia, the first time since 2001 that a Taiwanese cabinet official was invited to an economic conference there.[23] Later that month, Hwang signed a free trade agreement with Nicuraugua, represented by Alejandro José Arguello Choiseul.[24] Hwang stepped down from the Ministry of Economic Affairs in August 2006.[25]

Notes and References

  1. News: Lin. Jackie. Chung. Amber. New ministers have tough rows to hoe. 16 July 2017. Taipei Times. 24 January 2006.
  2. News: Chen. Angelia. New face arrives at Taiwan Tobacco. 16 July 2017. Taipei Times. 17 October 2002.
  3. News: Chen. Kevin. Ex-academic develops a taste for Taiwan Tobacco and Liquor. 16 July 2017. Taipei Times. 12 May 2003.
  4. News: Lin. Jackie. Quartly. Jules. The changing face of Taiwan Beer. 16 July 2017. Taipei Times. 26 June 2004.
  5. News: Ko. Shu-ling. Task force set to battle bootleg wine. 16 July 2017. Taipei Times. 27 November 2002.
  6. News: Long Life in China by year's end. 16 July 2017. Taipei Times. 23 April 2003.
  7. News: Long Life to be sold in China. 16 July 2017. Taipei Times. 30 September 2003.
  8. News: Huang. Joyce. Long Life brand readies for China debut. 16 July 2017. Taipei Times. 24 June 2004.
  9. News: Ministry mulls ban on Tsingtao. 16 July 2017. Taipei Times. 24 April 2003.
  10. News: Beer's bid for China market goes flat. 16 July 2017. Taipei Times. 29 June 2004.
  11. News: Lin. Jackie. Beer fight is about politics: TTL. 16 July 2017. Taipei Times. 2 July 2004.
  12. News: Promotional blitz planned for Taiwan Beer in US market. 16 July 2017. Taipei Times. 13 September 2004.
  13. News: Jackie. Lin. Monopoly chasing after youth market. 16 July 2017. Taipei Times. 7 May 2004.
  14. News: Ho. Jessie. Foreigners thirsty for sip of Taiwan Tobacco & Liquor. 16 July 2017. Taipei Times. 26 July 2003.
  15. News: Taiwan Tobacco to hold privatization vote today. 16 July 2017. Taipei Times. 26 April 2004.
  16. News: Huang. Joyce. Employees block privatization. 16 July 2017. Taipei Times. 5 May 2004.
  17. News: Chung. Amber. Tobacco growers want compensation. 16 July 2017. Taipei Times. 14 September 2004.
  18. News: Lin. Jackie. New TTL head to review privatization mechanism. 16 July 2017. Taipei Times. 2 July 2002.
  19. News: Ho. Jessie. Hwang takes helm of Taipower. 16 July 2017. Taipei Times. 5 July 2005.
  20. News: Lin. Jackie. Ho. Jessie. New ministers of economics and finance appointed. 16 July 2017. Taipei Times. 21 January 2006.
  21. News: Ho. Jessie. Few straight answers from Morgan Hwang. 16 July 2017. Taipei Times. 27 January 2006.
  22. News: Tan. Jason. Electricity rates to rise after 23 years. 16 July 2017. Taipei Times. 30 May 2006.
  23. News: MOEA chief's Indonesian visit helps to secure energy supplies. 16 July 2017. Taipei Times. 15 June 2006.
  24. News: Ho. Jessie. Taiwan, Nicaragua sign free trade pact. 16 July 2017. Taipei Times. 17 June 2006.
  25. News: Ho. Jessie. Steve Chen outlines economic goals. 16 July 2017. Taipei Times. 5 August 2006.