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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


Young men and women hold up bitter gourds outside the National Taiwan Museum in the 228 Peace Memorial Park in Taipei yesterday at a gathering organized by youth groups to express young people’s grievances. Their headbands read: “We will never give up!”
Photo: Liao Chen-huei, Taipei Times

Most of the nation’s young people feel pessimistic about the country’s future under the leadership of President Ma Ying-jeou (馬英九), a survey found.

However, a majority of the respondents said they were still confident that they could bring about change.

More than 100 young people joined representatives from the Taiwan Youth Climate Coalition, Across the Ocean 181 coffee shop, popular bulletin board system PTT and the Taiwan Alliance for Advancement of Youth Rights and Welfare (TAAYRW) in a rally held outside the National Taiwan Museum in Taipei yesterday as they released results of a survey.