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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

Taiwan’s first indigenous defense submarine prototype, the Hai Kun (海鯤, SS-711), is undergoing a harbor acceptance test, a navy official said yesterday.

Admiral Huang Shu-kuang (黃曙光), who heads the Indigenous Defense Submarine program, said that personnel are training on the Hai Kun’s systems and equipment, and the next step would be a sea acceptance test (SAT) in the second quarter of next year.

The submarine was initially launched on Sept. 28, after seven years in development, he said, adding that the program has been supervised and audited by the Legislative Yuan, the Control Yuan and other government agencies, and no problems have been found.