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2022 ELECTIONS: DPP routed across the board

The Chinese Nationalist Party (KMT) yesterday flipped key mayoral seats in Taipei, Taoyuan and Keelung, and won control of 13 out of 22 cities and counties in the nine-in-one local elections.

President Tsai Ing-wen (蔡英文) last night resigned as Democratic Progressive Party (DPP) chairperson over a poor showing by the party’s candidates, who were handpicked by the DPP leadership rather than chosen through primaries.

The Taiwan People’s Party (TPP) won its first high-profile race with Hsinchu mayoral candidate Ann Kao (高虹安) defeating Shen Hui-hung (沈慧虹) of the DPP with 45.02 percent of the vote to Shen’s 35.68 percent.

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Bill seeks tighter security at army bases

A draft act to overhaul military base security and ban the use of drones near their premises cleared the first reading at the Legislative Yuan in Taipei yesterday.

Democratic Progressive Party (DPP) legislators Wang Ting-yu (王定宇) and Michelle Lin (林楚茵) said they proposed the legislation because security standards at military bases and during military drills are based on administrative orders.

Such orders are widely considered a weak legal basis and would be overruled if they are found to conflict with other laws, they said.

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Newsflash

The central bank is pushing for curbs to be imposed on the amount of Chinese capital that can be placed in local stocks, hoping to stem the inflow of speculative funds, an official said yesterday.

The Financial Supervisory Commission, which has the authority to set limits on Chinese funds, has been approached by central bank officials eager to keep controls tight, said Lu Ting-chieh (盧廷劼), the commission’s chief secretary.