The Democratic Progressive Party (DPP) is setting up a fund-raising team to address a financial shortage of more than NT$100 million (US$3.05 million) this year even as it plans to lay off 20 percent of its staff, a party official said yesterday.
Citing a decision by the party's Central Standing Committee the previous day, the anonymous official said the team would be headed by the party's treasurer, Legislator Ker Chien-ming (柯建銘).
The official said the party had budgeted an outlay of NT$453 million for this year, while its revenue is estimated at NT$348 million, resulting in a deficit of NT$105 million.
The DPP has seen its revenues decline by NT$60 million a year since party Chairman Yu Shyi-kun did away with the obligation of each party public official to raise a certain amount of money. Yu did so out of concern that the policy placed the party under the influence of its fund raisers.
As a result, the party now depends largely on government grants and donations from public officials.
In light of the fact that 40 percent of the party's annual outlay consists of salaries for 168 party officials, the official said the party had decided to cut staffing levels by 20 percent this year. The move is expected to save the party NT$10 million.
The party applied to Sunny Bank (
Taiwan is to receive the first batch of Lockheed Martin F-16 Block 70 jets from the US late this month, a defense official said yesterday, after a year-long delay due to a logjam in US arms deliveries. Completing the NT$247.2 billion (US$7.69 billion) arms deal for 66 jets would make Taiwan the third nation in the world to receive factory-fresh advanced fighter jets of the same make and model, following Bahrain and Slovakia, the official said on condition of anonymity. F-16 Block 70/72 are newly manufactured F-16 jets built by Lockheed Martin to the standards of the F-16V upgrade package. Republic of China
Taiwan-Japan Travel Passes are available for use on public transit networks in the two countries, Taoyuan Metro Corp said yesterday, adding that discounts of up to 7 percent are available. Taoyuan Metro, the Taipei MRT and Japan’s Keisei Electric Railway teamed up to develop the pass. Taoyuan Metro operates the Taiwan Taoyuan International Airport MRT Line, while Keisei Electric Railway offers express services between Tokyo’s Narita Airport, and the Keisei Ueno and Nippori stations in the Japanese capital, as well as between Narita and Haneda airports. The basic package comprises one one-way ticket on the Taoyuan MRT Line and one Skyliner ticket on
A pro-Russia hacker group has launched a distributed denial-of-service (DDoS) attack on the Taiwanese government in retaliation for President William Lai’s (賴清德) comments suggesting that China should have a territorial dispute with Russia, an information security company said today. The hacker group, NoName057, recently launched an HTTPs flood attack called “DDoSia” targeting Taiwanese government and financial units, Radware told the Liberty Times (sister paper of the Taipei Times). Local tax bureaus in New Taipei City, Keelung, Hsinchu and Taoyuan were mentioned by the hackers. Only the Hsinchu Local Tax Bureau site appeared to be down earlier in the day, but was back
PROXIMITY: Prague is closer to Dresden than Berlin is, so Taiwanese firms are expected to take advantage of the Czech capital’s location, the Executive Yuan official said Taiwan plans to boost cooperation with the Czech Republic in semiconductor development due to Prague’s pivotal role in the European IC industry, Executive Yuan Secretary-General Kung Ming-hsin (龔明鑫) said. With Taiwan Semiconductor Manufacturing Co (TSMC) building a wafer fab in the German city of Dresden, a Germany-Czech Republic-Poland “silicon triangle” is forming, Kung said in a media interview on the weekend after returning from a visit to Prague. “Prague is closer to Dresden than Berlin is, so Taiwanese firms are expected to take advantage of the Czech capital’s location,” he said. “Taiwan and Prague have already launched direct flights and it is
RSS