The sagging economy has hurt most candidates' efforts to stage campaign activities for the year-end elections, as major political contributors are running short of cash.
"We've raised less than one tenth of the donations we had in the past," prospective KMT legislator-at-large Huang Chao-shun (黃昭順) said, adding that candidates' "personal connections" with contributors and their "prospects for winning elections" were deciding factors in the success of fund-raising.
Huang said that whether the party was in power also had an impact on the effectiveness of fund-raising.
"Some major industrialists, whom the KMT had kept a good relationship with, diverted their donations [from the KMT] to the ruling DPP and A-bian," Huang said.
Some of these industrialists would like to further conceal the fact that they made contributions to the former ruling regime, if they had in fact made any, Huang said.
Since there are more than 500 slated candidates in total this year, the demand for political donations has increased and some conglomerates have decided to rule out fund-raisers.
"From now on, the United Microelectronics Corp (
"Realizing corporations' difficulties, we have long stopped asking for donations from them," KMT legislator Ting Shou-chung (
Ting added that things were made worse by the fact that the KMT curtailed funds for its candidates this year to nearly one fifth of former levels.
Party relationship
Former KMT legislator Wang Tien-ging (
Wang is now running as an independent candidate after the People First Party (PFP) failed to nominate him and said that he is suffering from the most difficult time ever for fund-raising.
Meanwhile, KMT Secretary-General Lin Feng-cheng (
As frustrating as Tsao's remarks may be to candidates, some election hopefuls are turning to other possible channels for small donations. Others plan to curtail their campaign spending.
PFP spokesman Liao Tsang-song (
Liao said that the PFP usually counts on the connections of party officials, including its chairman, vice chairman and department directors, to solicit votes and funds, but he added that "their former connections don't seem to work now" due to economic woes.
The PFP, along with the New Party and Taiwan Solidarity Union (TSU), also sticks to traditional channels for accepting donations by opening bank or postal accounts.
Director of the TSU's department of social development Chen Ming-ying (陳敏英) said the party had collected as much as NT$100,000 to NT$200,000 from one individual and as much as NT$1 million to NT$2 million from a certain industrialist through his bank accounts.
As for the New Party, spokesman Kao Hsin-wu (
Kao said that the party was disadvantaged in attracting donations from big corporations or interest groups and had no intention of doing so since the party would then be expected to support bills which these organizations favored.
Joint effort
Some candidates across all parties have decided to seek joint-campaign efforts to cut costs.
For example, the DPP's Shen Fu-hsiung (
Lan, the group's treasurer, had earlier said that each candidate was only required to contribute NT$3 million to the pot, making a total budget of NT$15 million for their joint campaign. In the past, many legislators estimated that one candidate alone usually spent NT$10 million on a campaign.
KMT's Ting and Wang, nevertheless, plan to downsize their campaign activities.
"I will have no election headquarters, promotion trucks to tour around, campaign flags or other campaign activities. Most of my spending will be on election publications," Ting said.
The PFP's Liao also estimated that the party would probably secure NT$100 million as its total campaign budget -- half of which would then be used to produce publications or to run promotions, including TV commercials and newspaper ads.
Unlike opposition parties, the ruling DPP appeared to be more successful in raising funds this year.
The highly criticized fund-raising banquet held by the party's Mainstream Faction (
"The fact that the DPP is the ruling party may have helped. But it has been quite normal that DPP candidates can easily attract donations, even when we were the opposition party," Cheng said, dismissing the accusation that the party pressured supporters into making donations with its ruling power.
The faction was criticized for the NT$50,000 per head donation required to attend the fund-raising event, setting the most expensive price ever for a fund-raising banquet.
In response, Cheng said that because of the high price, the banquet didn't raise as much money as suggested, saying that "if NT$50,000 is split into shares for the faction's 41 candidates, on average, it is only a little over NT$1,000 for each."
Keeping a low profile, DPP headquarters said it has no fund-raising plans so far but added the party would cash in advance governmental subsidies to offset campaign expenses after the elections
Government funds
"The party has budgeted NT$80 million for all campaign activities, which should be offset later, should the party win 2.7 million ballots," the party's deputy secretary-general, Hsu Yang-min (許陽明), said.
According to the Political Party Law, a party whose share of the vote in an election exceeds 5 percent is entitled to NT$30 per ballot won.
As controversial and complicated as political parties' fund-raising patterns are, the nation currently has no law regulating these activities.
The proposed political donation law (
The proposed law stipulates that no one should make an anonymous donation of more than NT$10,000. And the ceiling of a donation for each candidate in the presidential elections, mayoral elections with a population of more than 3 million and county commissioners' elections with a population of less than 3 million is NT$300 million, NT$60 million and NT$40 million respectively.
By that standard, many candidates would have violated the proposed law. Had the law been passed, those candidates would face a maximum penalty of a five-year jail term and a fine of between NT$200,000 and NT$1.5 million.
But, before the law is passed, candidates will still devote themselves to holding fund-raising events since they are also indicators of a candidate's political activeness.
Nvidia Corp yesterday unveiled its new high-speed interconnect technology, NVLink Fusion, with Taiwanese application-specific IC (ASIC) designers Alchip Technologies Ltd (世芯) and MediaTek Inc (聯發科) among the first to adopt the technology to help build semi-custom artificial intelligence (AI) infrastructure for hyperscalers. Nvidia has opened its technology to outside users, as hyperscalers and cloud service providers are building their own cost-effective AI chips, or accelerators, used in AI servers by leveraging ASIC firms’ designing capabilities to reduce their dependence on Nvidia. Previously, NVLink technology was only available for Nvidia’s own AI platform. “NVLink Fusion opens Nvidia’s AI platform and rich ecosystem for
WARNING: From Jan. 1 last year to the end of last month, 89 Taiwanese have gone missing or been detained in China, the MAC said, urging people to carefully consider travel to China Lax enforcement had made virtually moot regulations banning civil servants from making unauthorized visits to China, the Control Yuan said yesterday. Several agencies allowed personnel to travel to China after they submitted explanations for the trip written using artificial intelligence or provided no reason at all, the Control Yuan said in a statement, following an investigation headed by Control Yuan member Lin Wen-cheng (林文程). The probe identified 318 civil servants who traveled to China without permission in the past 10 years, but the true number could be close to 1,000, the Control Yuan said. The public employees investigated were not engaged in national
CAUSE AND EFFECT: China’s policies prompted the US to increase its presence in the Indo-Pacific, and Beijing should consider if this outcome is in its best interests, Lai said China has been escalating its military and political pressure on Taiwan for many years, but should reflect on this strategy and think about what is really in its best interest, President William Lai (賴清德) said. Lai made the remark in a YouTube interview with Mindi World News that was broadcast on Saturday, ahead of the first anniversary of his presidential inauguration tomorrow. The US has clearly stated that China is its biggest challenge and threat, with US President Donald Trump and US Secretary of Defense Pete Hegseth repeatedly saying that the US should increase its forces in the Indo-Pacific region
ALL TOGETHER: Only by including Taiwan can the WHA fully exemplify its commitment to ‘One World for Health,’ the representative offices of eight nations in Taiwan said The representative offices in Taiwan of eight nations yesterday issued a joint statement reiterating their support for Taiwan’s meaningful engagement with the WHO and for Taipei’s participation as an observer at the World Health Assembly (WHA). The joint statement came as Taiwan has not received an invitation to this year’s WHA, which started yesterday and runs until Tuesday next week. This year’s meeting of the decisionmaking body of the WHO in Geneva, Switzerland, would be the ninth consecutive year Taiwan has been excluded. The eight offices, which reaffirmed their support for Taiwan, are the British Office Taipei, the Australian Office Taipei, the
RSS