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DPP criticizes civil servant perk law

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.

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Referendum proposal likely to be rejected: TSU head

Taiwan Solidarity Union (TSU) Chairman Huang Kun-huei (黃昆輝) yesterday said the chances that a review committee that has already rejected proposals for a referendum on a controversial trade pact with China would treat a fourth and final bid on the matter any differently were very slim.

Speaking outside a hearing held to determine the legality of his latest proposal to turn the Economic Cooperation Framework Agreement (ECFA) over to a public vote, Huang said the committee would likely turn it down when it reviews it tomorrow, despite the fact that referendums are a “basic right.”

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Newsflash


Convener of the 908 Taiwan Republic Campaign Peter Wang, fourth left, and other members of the group hold up signs and encourage the public to come together on Jan. 13 in a rally against President Ma Ying-jeou.
Photo: Fang Pin-chao, Taipei Times

Democratic Progressive Party (DPP) Chairman Su Tseng-chang (蘇貞昌) yesterday criticized the Chinese Nationalist Party (KMT) over its assets, saying the KMT administration had secretly sold its ill-gotten assets, pocketed substantial commissions from the transactions and used the profits to heavily subsidize the party’s election campaigns, spawning grave public grievance in the country.

Accompanied by lawyer Wellington Koo (顧立雄) and representatives from the Foundation of Medical Professionals Alliance in Taiwan, the Rotary Club and the Taiwan Junior Chamber, Su made the remarks at a press conference in Taipei, titled “Giving vent to fury” (火大找出路), which called on more than 1,000 civil groups to hit the streets along with the party in a planned mass demonstration in Taipei against President Ma Ying-jeou’s (馬英九) administration.