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ECFA referendum proposal rejected

The Executive Yuan's Referendum Review Committee late last night voted down the Taiwan Solidarity Union's (TSU) request to hold a referendum on the government's proposed economic cooperation framework agreement (ECFA) with China. The vote, which was announced shortly before 11pm, was 12-4.

The TSU's application requested a referendum on the question: “Do you agree that the government should sign an ECFA with China?”

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Commandos arrive in Taichung

A total of 41 armed officers from the National Police Agency’s elite Wei-An Special Police Commando unit arrived in Taichung City yesterday afternoon to help maintain public order following a recent spate of serious crimes in the city.

This was the fifth time since 1999 that the unit was deployed to Taichung.

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Newsflash

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.