Democratic Progressive Party (DPP) presidential candidate Tsai Ing-wen’s (蔡英文) campaign office yesterday publicized its campaign finances, vowing to keep all sources of its contributions transparent and reject big corporate donors.
Tsai’s campaign chief executive officer Lin Hsi-yao (林錫耀) told a news conference in Taipei that the campaign does not accept contributions from conglomerates’ donors, adding that Tsai’s campaign has so far received NT$75 million (US$2.3 million) in donations, of which NT$48 million came from small contributions.
Lin said that the office has recorded and made available all contributions prior to last month to keep Tsai’s promise of transparency, and that the 18 local campaign offices nationwide would regularly update information about donations.
Photo: George Tsorng, Taipei Times
Lin said Tsai’s last presidential campaign in 2012 would have had to “hang up its cooking pots” if not for the piggy-bank initiative, which he said raised NT$ 200 million — referring to piggy banks the campaign doled out to individual supporters to collect contributions.
Tsai intends to spend less in the election campaign than four years ago, Lin said, adding that the current war chest is about one-10th the total size of Tsai’s 2012 campaign, and that the office plans to rely predominantly on small donors for fund-raising.
When asked how the office defines “conglomerates,” Lin said the decision would be “made in accordance with public perception,” adding that he was “not at liberty” to name names as examples of what are considered to be “conglomerates.”
A detailed ledger of Tsai’s campaign finances would be turned over to the Control Yuan after the election, which the public may access, Lin said.
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