The sluggish economy has taken a toll on the war chests of incumbent lawmakers seeking reelection in December, with many tightening their belts in the run-up to the poll.
DPP Legislator Lin Chung-mo (林重謨), who is seeking a second term from the northern district of Taipei City, said he has raised NT$2 million in campaign funds, NT$10 million short of the total amount he estimates the campaign will need.
"A friend who contributed NT$50,000 without a murmur three years ago would only chip in NT$20,000 this time around," Lin said, adding the donor owns a small firm in his constituency.
As a common practice among DPP office seekers, Lin derives a sizable portion of his treasury from selling tickets to dinner parties.
"In the past, it was not uncommon for supporters to purchase 10 tickets valued at NT$20,000 each. ... Today such generous donors are hard to find," he added.
Lin, who spent almost NT$13 million in 1998, said he would cruise into a second term with an estimated 45,000 votes if he could raise NT$17 million in the run-up to the poll three and a half months away.
Ironically, he attributed his cash shortage in part to the transfer of power last year.
"Now that the DPP has won the presidency, many calculate we will have access to public resources, thereby less sympathetic to our campaign," Lin said. "That is simply not true."
For candidates who do not plan to buy TV commercials, assorted campaign outfits and propaganda materials such as flags, vests, caps, flyers, pamphlets and name cards and ad hoc campaign crews account for the bulk of their expenses.
People First Party lawmaker Feng Ting-kuo (馮定國), said he is to set up eight campaign offices in different parts of Taichung County and hire over 100 part-time workers.
"In Taipei, candidates need only to appear on TV programs and briefly attend public events, as constituents there tend to rely on electronic media to form their voting decisions," Feng said. "But in Taichung where bonds with local opinion leaders are important, a larger staff is necessary."
Although a two-term lawmaker, Feng said he has never brought home his NT$170,000 per month salary but has set it aside for future re-election bids.
"I've been in the process of raising funds for quite a while, but the amount still lags far behind the ultimate goal," Feng said, declining to elaborate.
His previous two campaigns brought in individual donations of between NT$1,000 to NT$3,000 at this point in the campaign.
"With an honest campaign, I think I can make do," Feng said, putting the final tab at NT$10 million. He does not expect any financial help from his party which was only founded a few weeks after the presidential election last year. To retain his seat, he hopes to garner 35,000 votes.
By contrast, KMT Legislator Chen Horng-chi (
"Indeed, many supporters this year have put on a wait-and-see attitude," said Chen, who is running for a seat in the southern district of Taipei City, dubbed the most hotly contested battlefield.
In 1998 he opened three campaign offices in the constituency and raised some NT$4 million in campaign funds by this time. "Voluntary donations amount to NT$250,000 thus far," Chen said, adding that he plans to spend half as much as his previous two campaigns that cost him NT$14 million.
"By this time in 1998, I had distributed three waves of campaign flyers, but this year I just printed batches of colored name cards," he said.
The KMT, with control of dozens of profit-making enterprises, is expected to contribute up to NT$5 million to his war chest.
Chen, who hopes to grab 45,000 votes, said his colleagues in the south will not be as lucky, since the party has indicated it will cut its financial support.
Independent lawmaker Liao Hseuh-kuang (
"The lack of funds may be a blessing, as it will be less likely for rival candidates to engage in vote-buying, making the election a fair game," Liao said.
Conflict with Taiwan could leave China with “massive economic disruption, catastrophic military losses, significant social unrest, and devastating sanctions,” a US think tank said in a report released on Monday. The German Marshall Fund released a report titled If China Attacks Taiwan: The Consequences for China of “Minor Conflict” and “Major War” Scenarios. The report details the “massive” economic, military, social and international costs to China in the event of a minor conflict or major war with Taiwan, estimating that the Chinese People’s Liberation Army (PLA) could sustain losses of more than half of its active-duty ground forces, including 100,000 troops. Understanding Chinese
The Ministry of Foreign Affairs (MOFA) yesterday said it is closely monitoring developments in Venezuela, and would continue to cooperate with democratic allies and work together for regional and global security, stability, and prosperity. The remarks came after the US on Saturday launched a series of airstrikes in Venezuela and kidnapped Venezuelan President Nicolas Maduro, who was later flown to New York along with his wife. The pair face US charges related to drug trafficking and alleged cooperation with gangs designated as terrorist organizations. Maduro has denied the allegations. The ministry said that it is closely monitoring the political and economic situation
UNRELENTING: China attempted cyberattacks on Taiwan’s critical infrastructure 2.63 million times per day last year, up from 1.23 million in 2023, the NSB said China’s cyberarmy has long engaged in cyberattacks against Taiwan’s critical infrastructure, employing diverse and evolving tactics, the National Security Bureau (NSB) said yesterday, adding that cyberattacks on critical energy infrastructure last year increased 10-fold compared with the previous year. The NSB yesterday released a report titled Analysis on China’s Cyber Threats to Taiwan’s Critical Infrastructure in 2025, outlining the number of cyberattacks, major tactics and hacker groups. Taiwan’s national intelligence community identified a large number of cybersecurity incidents last year, the bureau said in a statement. China’s cyberarmy last year launched an average of 2.63 million intrusion attempts per day targeting Taiwan’s critical
AGING: As of last month, people aged 65 or older accounted for 20.06 percent of the total population and the number of couples who got married fell by 18,685 from 2024 Taiwan has surpassed South Korea as the country least willing to have children, with an annual crude birthrate of 4.62 per 1,000 people, Ministry of the Interior data showed yesterday. The nation was previously ranked the second-lowest country in terms of total fertility rate, or the average number of children a woman has in her lifetime. However, South Korea’s fertility rate began to recover from 2023, with total fertility rate rising from 0.72 and estimated to reach 0.82 to 0.85 by last year, and the crude birthrate projected at 6.7 per 1,000 people. Japan’s crude birthrate was projected to fall below six,