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ECFA rally scheduled for June 6

Protesters against the government's plan to sign an economic cooperation framework agreement (ECFA) with China are planning to take their opposition to the streets on June 6.

Michelle Wang (王美琇), an official with the Taiwan Rescue Action Alliance and one of the organizers of the planned demonstration, said yesterday that they wanted the international community to know that not all Taiwanese support the trade pact and that “the people are fed up” with the government's continued push to sign it.

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Chen calls for release of his father

Former President Chen Shui-bian should be released from custody since his family had agreed to return funds from overseas accounts to Taiwan, his son Chen Chih-chung said yesterday.

The former head of state has been detained since Dec. 30, 2008 as a suspect in cases of corruption and money laundering. Expectations that he would be released rose after his relatives agreed last week that Switzerland could wire about NT$700 million into accounts designated by Taiwan prosecutors.

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Newsflash

Retired junior public servants will soon see a nice boost in their savings, as a law increasing the amount of money they can deposit into an 18 percent preferential interest rate account comes into effect this year.

The move, passed by the legislature last year, was criticized by Democratic Progressive Party (DPP) lawmakers yesterday as unfair and unnecessary as interest rates in public banks continue to hover below 2 percent, despite a 0.125 interest rate hike announced last week by the central bank.