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Chen warns DPP on Taipei election

Former president Chen Shui-bian (陳水扁) yesterday warned the Democratic Progressive Party (DPP) not to be too optimistic about its prospects in the Taipei mayoral election in November, saying the Chinese Nationalist Party (KMT) had yet to launch what he expects to be a “mudslinging campaign.”

In comments published in Neo Formosa Weekly, which resumed publication in electronic format in September last year, Chen said it was unfair to say that the DPP’s candidate for Taipei City mayor, Su Tseng-chang (蘇貞昌), and its candidate for the soon-to-be-renamed Sinbei City, DPP Chairperson Tsai Ing-wen (蔡英文), were not committed to their campaigns and had set their sights on the next presidential election in 2012.

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MND censured over munitions sales

The Ministry of National Defense (MND) was reprimanded by the Control Yuan yesterday amid an investigation into whether expired munitions were illegally sold to militant groups in the Middle East and Africa.

Speculation about such sales emerged in January after a report by the Chinese-language Next Magazine that there was evidence more than 1,800 tonnes of ammunition, which had supposedly been destroyed, was re-sold by a government contractor to Romanian officials last year.

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Newsflash

Premier Liu Chao-shiuan said in an interview with Dow Jones Newswires on Thursday that Taiwan could consider including the Chinese yuan in its foreign exchange (forex) reserves, but his view was not shared by other government officials.

During the interview, Liu said Taiwan could consider including the yuan in its foreign exchange reserves as cross-strait ties expand at an unprecedented pace.