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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

Washington will deal with Taiwanese lawmakers’ attempts to block imports of US ground beef and offal sensitively, rather than by refusing requests for arms sales or for the president to make transit stops in the US, Taiwan’s representative to Washington Jason Yuan (袁健生) said on Friday.

On the sidelines of a Republic of China flag-raising ceremony, Yuan said the beef issue would be handled by the US Department of Agriculture, while the other two issues fall within the remit of the US Department of Defense, the US Department of State and the White House.