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Lu calls for new investigation into 319 shooting

Former vice president Annette Lu (呂秀蓮) yesterday welcomed the Control Yuan's report on the attack on her and then-president Chen Shui-bian (陳水扁) on the eve of the presidential election on March 19, 2004, but urged the government watchdog to produce more concrete evidence before it dismisses the investigation conducted by the Tainan Public Prosecutor's Office.

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Taipei needs to expand its trade targets: US study

A new US study on Taiwan’s economy cautions that gains from current trade and investment talks with China may be limited and that Taipei needs to concentrate on internal economic restructuring and the cultivation “of new and dynamic foreign relationships beyond the straits.”

Written by Derek Scissors, a research fellow in Asia Economic Policy at the Heritage Foundation, the study says Taiwan should reform corporate taxation and the “sheltered” domestic service sector.

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Newsflash

The nation’s defense capability is to see a boost over the next four years, as the military is expected to acquire major equipment such as M1A2T tanks, light cruisers and F-16V jets, but production delays are likely to continue posing challenges.

With some analysts saying that Beijing is eyeing an invasion deadline of 2027, Taiwan’s military readiness over the coming years is of critical importance.

Based on the Ministry of National Defense’s published budgets, the military from now until 2027 is scheduled to receive a significant amount of new armaments.