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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

The huge cache of confidential US diplomatic cables that is being released by whistleblower Web site WikiLeaks is believed to include large numbers of secret memos exchanged between Taiwanese and US diplomatic officials, perhaps giving the public a firsthand look at the fragile relationship.

WikiLeaks currently holds a set of more than 250,000 documents from between December 1966 and February this year, but has only made 278 available to the public. None of the documents originating from the American Institute in Taiwan (AIT), the US’ de facto embassy in Taiwan in the absence of official diplomatic ties, has been released.