Former Vice President Annette Lu criticized the Democratic Progressive Party (DPP) on Thursday for failing to thoroughly review its losses in the just concluded presidential and legislative elections.

The presidential election last week in Taiwan is one that Taiwanese can be proud of and it can have a big impact on mainland China, a U.S. scholar at New York University said Wednesday.

Several Canadian scholars praised Taiwan's Jan. 14 presidential and legislative elections for being examples worth following at a forum in Ottawa earlier this week.

The Legislative Yuan is to see a new landscape following the Jan. 14 legislative election, as the ruling Kuomintang (KMT) will no longer maintain a vast majority and its negotiations with opposition parities will become even more important than ever, according to political observers.

President Ma Ying-jeou yesterday defeated rivals Tsai Ing-wen and James Soong by sweeping more than 51 percent of the presidential vote.

The ruling Kuomintang (KMT) maintained its legislative majority in yesterday's elections by winning 64 seats out of the total 113, while the DPP has claimed 40 seats.

Incumbent President Ma Ying-jeou was re-elected for a second term yesterday, winning a comprehensive victory by a margin of over 790,000 votes, despite a decline in his overall vote share.

The United States congratulated Taiwan President Ma Ying-jeou on Saturday for securing a second four-year term and praised the island as “one of the great success stories in Asia.”

Democratic Progressive Party (DPP) Chairwoman and presidential candidate Tsai Ing-wen conceded defeat in the 2012 election last night, and announced her resignation as the party's chief, pending the approval of the party's Central Executive Committee.

Strong support for President Ma Ying-jeou from the business sector has helped catapult the incumbent candidate from his lackluster performance in pre-vote opinion polls to a front-runner and finally winner of the 2012 presidential race. At this point, Tsai Ing-wen, the Democratic Progressive Party (DPP) presidential candidate, only has herself and her party to blame.