■ Politics
Ma denies museum rumors
Chinese Nationalist Party (KMT) chairman-elect and Taipei Mayor Ma Ying-jeou (馬英九) yesterday dismissed local reports that the Taipei City Government was planning to use the party's Taipei headquarters to house a "Taipei City Museum." According to the head of the Taipei City Government's metropolitan development bureau, Hsu Chih-chien (許志堅), a meeting was held on Tuesday to discuss possible locations for a new city museum. Although different venues were discussed, the KMT's headquarters was not mentioned as one of the options, he said. If the Taipei City Government decided to use the KMT headquarters for its city museum, it would need to negotiate with the party on whether to buy the property, which could be advantageous for the KMT, which is said to be facing financial problems.
■ Diplomacy
Foreign officials to visit
Officials in charge of economic development from eight of the nation's diplomatic allies in Central and South America will visit Taiwan to attend a month-long workshop on the country's experience in economic development and planning scheduled to start on Monday, a Ministry of Foreign Affairs (MOFA) official said yesterday. The Latin American officials will learn about Taiwan's economic development and planning by attending over 20 classes to be given by local economics officials and experts at the Grand Hotel in Taipei and via field trips to related locations and venues, said Chen Cheng-chung (陳正忠), secretary-general of the International Cooperation and Development Fund, a MOFA operation.
■ Labor
Most choose new pensions
More than 2 million workers have chosen to change to the revised pension system, while more than 1 million prefer the old system, initial tallies compiled by the Council for Labor Affairs show. Under the old system, a worker must work for the same employer for 15 consecutive years and reach the age of 55, or for 25 consecutive years, to be eligible for a retirement pension. If a worker were to quit before he met one of the two conditions, he or she would get nothing. Under the new system, a worker's employer must deposit an amount equal to at least 6 percent of the employee's salary into his pension account, which he or she can "carry around" when moving to a new company.
■ Politics
KMT wants new blood
Six young newly-elected Chinese Nationalist Party (KMT) national delegates yesterday appealed to party chairman-elect and Taipei Mayor Ma Ying-jeou (馬英九) to let delegates directly elect Central Standing Committee members during the upcoming National Congress. Currently, the 31 members are elected by the Central Committee members. During the party's National Congress, scheduled for Aug. 19 and 20, Ma is to take the oath of office and the more than 1,000 newly-elected party delegates will elect 210 Central Committee members, who will then elect 31 Central Standing Committee members. In addition to saving time and money as well as narrowing the gap between management and grass-roots supporters, the young delegates yesterday said that the direct election would inject younger blood to the committee.
Taiwan has received more than US$70 million in royalties as of the end of last year from developing the F-16V jet as countries worldwide purchase or upgrade to this popular model, government and military officials said on Saturday. Taiwan funded the development of the F-16V jet and ended up the sole investor as other countries withdrew from the program. Now the F-16V is increasingly popular and countries must pay Taiwan a percentage in royalties when they purchase new F-16V aircraft or upgrade older F-16 models. The next five years are expected to be the peak for these royalties, with Taiwan potentially earning
STAY IN YOUR LANE: As the US and Israel attack Iran, the ministry has warned China not to overstep by including Taiwanese citizens in its evacuation orders The Ministry of Foreign Affairs (MOFA) yesterday rebuked a statement by China’s embassy in Israel that it would evacuate Taiwanese holders of Chinese travel documents from Israel amid the latter’s escalating conflict with Iran. Tensions have risen across the Middle East in the wake of US and Israeli airstrikes on Iran beginning Saturday. China subsequently issued an evacuation notice for its citizens. In a news release, the Chinese embassy in Israel said holders of “Taiwan compatriot permits (台胞證)” issued to Taiwanese nationals by Chinese authorities for travel to China — could register for evacuation to Egypt. In Taipei, the ministry yesterday said Taiwan
Taiwan is awaiting official notification from the US regarding the status of the Agreement on Reciprocal Trade (ART) after the US Supreme Court ruled US President Donald Trump's global tariffs unconstitutional. Speaking to reporters before a legislative hearing today, Premier Cho Jung-tai (卓榮泰) said that Taiwan's negotiation team remains focused on ensuring that the bilateral trade deal remains intact despite the legal challenge to Trump's tariff policy. "The US has pledged to notify its trade partners once the subsequent administrative and legal processes are finalized, and that certainly includes Taiwan," Cho said when asked about opposition parties’ doubts that the ART was
If China chose to invade Taiwan tomorrow, it would only have to sever three undersea fiber-optic cable clusters to cause a data blackout, Jason Hsu (許毓仁), a senior fellow at the Hudson Institute and former Chinese Nationalist Party (KMT) legislator, told a US security panel yesterday. In a Taiwan contingency, cable disruption would be one of the earliest preinvasion actions and the signal that escalation had begun, he said, adding that Taiwan’s current cable repair capabilities are insufficient. The US-China Economic and Security Review Commission (USCC) yesterday held a hearing on US-China Competition Under the Sea, with Hsu speaking on
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