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President, DPP chairperson to hold debate on ECFA

A highly anticipated debate between President Ma Ying-jeou (馬英九) and Democratic Progressive Party (DPP) Chairwoman Tsai Ing-wen (蔡英文) is scheduled to take place before the end of this month, representatives from both sides said yesterday.

The two will square off on issues surrounding an economic cooperation framework agreement (ECFA) that the Ma administration wants to sign with China, but which the DPP strongly opposes.

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PRC hand seen in Nan Shan bid: report

An electronic copy of a report obtained by the Taipei Times on the yet-to-be-approved sale of Nan Shan Life Insurance Co claims that the backers of the Hong Kong-based consortium led by Primus Financial Holding Ltd and China Strategic Holding may include individuals found guilty of financial irregularities as well as close relatives of senior members of the Chinese Communist Party.

The English translation of the report, which is dated March 10 and comes from the office of Democratic Progressive Party Legislator Pan Meng-an (潘孟安), also mentions risks of stock speculation and raises questions about the qualifications of major shareholders and the use of “shell” companies.

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Newsflash

Close to half the members of the US Senate have signed a letter to US President Barack Obama urging him to sell F-16C/D aircraft to Taiwan.

Obama has been putting off a decision on Taipei’s request to buy 66 of the advanced fighters for more than a year now and the letter is thought likely to push the issue onto the front burner.

Washington sources said the US Department of State was against the sale because it risked badly damaging already fragile relations with China, while the US Department of Defense is in favor because Taiwan’s military is in dire need of a boost.