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Key IT firm may be China-owned

An information technology company that provides key systems software for much of the country’s financial institutions is alleged to have been bought by a major China-based investor, an opposition legislator said.

The purchase has raised questions among Democratic Progressive Party (DPP) lawmakers on just how much of Taiwan’s sensitive financial data may have flown across the Taiwan Strait to Chinese companies.

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Hau admits crisis of overpriced flowers

Taipei Mayor Hau Lung-bin (郝龍斌) admitted yesterday that problems with procurement contracts handled by the city government have dampened his popularity and clouded his bid for a second term in the year-end election.

“It is without a doubt a crisis,” said Hau of the Chinese Nationalist Party (KMT), adding that he has briefed President Ma Ying-jeou (馬英九) — who doubles as the KMT chairman — and KMT Secretary-General King Pu-tsung (金溥聰) on the ins and outs of the matter.

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Newsflash

Namlha Tsering, 49, sets himself on fire in Sangchu region of Labrang, eastern Tibet on February 17, 2013.

DHARAMSHALA, February 17: In reports just in, another Tibetan set himself on fire today in the Labrang region of eastern Tibet protesting China’s continued occupation of Tibet.

Namlha Tsering, 49, carried out his fiery protest at around 5:40 pm (local time) in Sangchu region of Labrang. His current condition is not known although sources say chances of his survival are minimal.

Photos received by Phayul show Namlha Tsering sitting cross-legged in the middle of a street even as high flames are rising from his body. In another photo he is seen fallen on his back with fire still leaping from his body.