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Chen denies flying money overseas

Former president Chen Shui-bian’s (陳水扁) office yesterday issued a statement denying allegations that Chen had taken advantage of his overseas trips to transport cash abroad.

The statement came in response to a story published by the Chinese-language China Times yesterday that quoted Palauan President Johnson Toribiong as saying that an unidentified wire of NT$1.4 billion (US$40 million) was routed through Palau’s Pacific Savings Bank in 2005 to the US and other countries.

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US beef arriving in a week's time: official

The first batch of US beef exports under a relaxed ban is likely to arrive in Taiwan within a week after the US Department of Agriculture (USDA) issued Quality System Assessment (QSA) certificates to qualified suppliers, a Ministry of Economic Affairs official said yesterday.

While the new QSA regulations stipulate that both boneless and bone-in beef from cattle less than 30 months of age slaughtered on or after Nov. 2 can be exported to Taiwan, only boneless beef from cattle slaughtered before that date can be exported to Taiwan.

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Newsflash

Former American Institute in Taiwan (AIT) chairman Richard Bush on Friday said that the US was likely to try to “influence” Taiwan’s 2016 presidential elections.

While he did not speculate about what might happen, Bush indicated that Washington would declare a preference for the Chinese Nationalist Party (KMT) candidate because there were lingering doubts about the Democratic Progressive Party’s (DPP) cross-strait policies.