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Public confidence in Tsai rises as Ma drops

Public confidence in Democratic Progressive Party (DPP) Chairperson Tsai Ing-wen (蔡英文) and her party reached new highs this month while President Ma Ying-jeou’s (馬英九) trust level continued to drop, the latest poll released by the Chinese-language Global Views Monthly magazine showed.

The poll, conducted by the Global Views Survey Research Center, put Tsai’s confidence index at 52.3 points on a scale of 0 to 100. The figure represented an increase of 1.1 points from last month and was the highest since May.

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Megacities face finance issues: experts

Taipei City and the four special municipalities that came into being on Saturday could turn into a disaster for the central and local governments if underlying financial problems are not properly addressed, experts told a forum on the financial aspects of the five megacities yesterday.

Peng Pai-hsien (彭百顯), a professor of finance at Kainan University, told a panel organized by the Taiwan Brain Trust think tank in Taipei that the five special municipalities face an immediate shortfall of NT$718.5 billion (US$24.27 billion) — which would climb to NT$803.4 billion if potential debt were counted — while the central government was faring no better, with a potential debt of NT$21 trillion.

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Newsflash

A recent US Congressional hearing held by US Representative Ileana Ros-Lehtinen on “Why Taiwan Matters” suggests continued US support for Taiwan and that Washington would not abandon Taiwan, Formosa Foundation chief executive Terri Giles said yesterday.

Ros-Lehtinen, who is also chairman of the US House of Representatives’ Foreign Affairs Committee, is planning to organize and invite administration officials to a second congressional hearing on issues concerning Taiwan at the end of the year, Giles said, adding that she hoped the discussion would focus on democracy in Taiwan.

The June 16 hearing held by Ros-Lehtinen before the House Foreign Affairs Committee was the first hearing on Taiwan to be held in Congress in seven years.