U.S. stays top debtor to Taiwan’s banks for 24th consecutive quarter

The United States remains Taiwan banks’ largest debtor, with local exposure reaching a record high US$113.28 billion in the second quarter of 2021.

According to data from the Central Bank of the Republic of China released earlier this week, the banking sector’s outstanding international claims totaled US$504.1 billion to the end of June, up 3.76 percent on the previous quarter.

Local banks’ exposure to U.S. debt on a direct risk basis saw a quarterly rise of US$11.8 billion, with the central bank citing investments in the U.S. market and Taiwanese deposits in U.S. banks for the increase.

Exposure on an ultimate risk basis — which calculates a country’s consolidated debt after risk transfers — rose from a first-quarter total of US$99.18 billion to US$108.83 billion.

China remained in second place, with exposure on a direct risk basis rising by US$3.3 billion to reach US$56.78 billion for the second quarter. Increased borrowing also saw exposure on an ultimate risk basis rise from US$68.98 billion to US$69.70 billion.

The central bank attributed the change in part to a strengthened Chinese yuan, as well as investment in the wake of China’s efforts to control COVID-19 in the first half of the year.

However, it added that recent debt problems faced by property developer Evergrande in China had reduced the willingness of Taiwan’s banks to invest more.

Luxembourg came in third at US$44.66 billion on a direct risk basis, followed by Hong Kong (US$35.06 billion), Japan (US$33.46 billion), Australia (US$25.48 billion), the Cayman Islands (US$20.15 billion), Singapore (US$15.91 billion) and the United Kingdom (US$13.99 billion). Vietnam entered the top 10 for the first time at US$13.49 billion on a direct risk basis.

Taiwanese banks’ exposure to the top 10 debtors reached US$372.27 billion by the end of June, accounting for 73.85 percent of the country’s total outstanding international claims.

Source: Focus Taiwan News Channel

Taiwan out of U-23 Baseball World Cup after defeat against Venezuela

The Taiwan men’s national baseball team lost to Venezuela 2-5 to finish sixth in the super round of the U-23 Baseball World Cup on Friday, thereby failing to advance to the medal game of the biennial tournament in Mexico.

Taiwanese starter Lin Yu-min (???) pitched four respectable innings, allowing five hits and three runs, while striking out nine batters, before he was relieved by Hsu Chi-ling (???) in the bottom of the fifth.

Hsu pitched one solid inning, allowing no hits and keeping his team only one run behind.

However, reliever Chiu Chun-wei (???) got off to a rocky start and allowed Venezuela to score two runs in the bottom of the sixth inning, with Antonio Pinero’s RBI single capping his team’s scoring for the day.

The Taiwanese batters, meanwhile, managed to score only one run each in the third and fourth innings.

With Friday’s loss, Taiwan ended its World Cup run, finishing with four wins in eight games in this year’s tournament.

After the match, Lin told reporters that he was satisfied with his overall performance, although he had not been able to throw his pitches as fast as he would have liked.

The 18-year-old left-hander said the World Cup event in Mexico, his first international tournament, was a learning experience.

His personal goal during the tournament was to avoid any major mistakes that would cause huge losses for the Taiwan team, he said.

The head coach of the national U-23 team, Wu Ssu-hsien (???), said he was satisfied with the performance of his players and thought they had learned a lot during the games in Mexico.

The tournament was a good opportunity for the players to get a sense of the standard of play at that level and also to aim for a goal, Wu said.

Following Taiwan’s defeat Friday, the team was sixth in the super round, behind Venezuela, Mexico, Columbia, Cuba and Panama.

The U-23 Baseball World Cup is a biennial world championship, featuring players aged 21-23, but the age limit was raised to 24 this year, as the tournament was not played in 2020 due to the COVID-19 pandemic.

The medal game will be held Sunday, with Mexico and Venezuela vying for gold, while Columbia and Cuba will compete for bronze.

Source: Focus Taiwan News Channel

FEATURE/Petr Novotny: The Czech man, the Taiwan rescuer, the running beast

Looking at photos on her phone, Eva Lobo could see that her husband’s legs had multiple scratches, and that he had encountered venomous snakes numerous times.

However, the images were a normal sight for Lobo whenever her husband is gone on rescue missions to help locate individuals missing in mountains. This time, he was in the Gaotaishan mountain range in Hsinchu County.

Lobo, 42, is an indigenous Taiwanese from Nantou County whose parents hail from the Atayal and Seediq peoples respectively. Her tracker husband, on the other hand, is from the Czech Republic.

Fans and fellow trail runners would have a better chance of finding Petr Novotny speeding through the mountains and hills around Taiwan rather than in populated areas.

Nicknamed “Beast Runner,” the 36-year-old Czech national is arguably a legend amongst outdoor lovers and athletes in Taiwan, having set multiple amateur trail-running records across the island. He is also a regular on mountain search missions all over the country.

Before he came to Taiwan, Novotny was just a casual athlete and outdoor lover. As a teenager, he enjoyed scouting (camping and hiking) a lot as he is an explorer at heart.

“I like to go places,” Novotny said during an interview with CNA on Sept. 29. “While the Czech Republic is not as wild (as Taiwan), I did a lot of exploring and camping.”

The story behind how he came to unleash his inner beast in trail running was thanks to love.

The Czech national first came to Taiwan in 2012, when he was part of an exchange program at the National Taiwan University (NTU).

Three months after his arrival, Novotny met Lobo on her birthday during a chance encounter when the latter was out in town celebrating with friends.

The couple soon fell in love, prompting Novotny to return to Taiwan and officially enroll at NTU’s Institute of Applied Mechanics. Lobo also took Novotny on a visit back home to Puli Township in Nantou for a trip.

According to Lobo, her husband did not unlock his “beast mode” until a drunken escapade initiated by her relatives who relentlessly plied Novotny with alcohol upon meeting him.

In the middle of that night, Lobo woke up to find Novotny missing. He soon returned to her and said that he had made a round trip between Puli and the Wushe community on foot to rid himself of a hangover.

The total distance that Novotny had covered was around 40 kilometers, which he found to be a breeze. “My father and brother have heart issues,” he said. “I did not have it, so it made me realize that I could go out and do crazy things.”

Novotny then began his foray into trail running, first entering marathons nationwide, and then graduating to international trail-running competitions where he made a name for himself.

This included winning the 14th Vertical Mile Challenge on Lantau Island in Hong Kong, as well as Action Asia Maokong 18km in Taiwan.

One of his most notable triumphs was in Taiwan, when he won the 1st Annual Charming Trail 28 in 2014.

Novotny set a record time of 3 hours and 53 minutes, which prompted fellow trail runners to jokingly refer to him as “The Sprinting Beast” and “The Man in the Realm of the Gods.”

Organizers had said that for regular folks, the trail would usually be a two-day trip, while for seasoned hikers, a journey should take between six and seven hours.

“Taiwan’s terrain is very different, and I just picked up trail running progressively,” Novotny said. “In the high mountains we might do it in 2 to 3 hours, which sounds slow to most people. But trail running is not hiking, it is fast and technical, where speed meets technique.”

The seasoned trail runner even got his wife, who said she wasn’t really athletic before, to participate in his passion.

Lobo would go from casually running short distances to conquering the likes of Mount Kinabalu, Malaysia’s highest peak, with Novotny during the 28th Mt. Kinabalu International Climbathon in 2014.

The couple got married in 2015, and together founded Taiwanese trail-running website “Beast Runners,” to promote the natural beauty of Taiwan to outdoor lovers around the world, and to also inspire locals and expats to explore the island’s more isolated scenery.

When not organizing outdoor events, Novotny spends his days exploring the island while creating content on Youtube. However, his most notable contributions to Taiwan are arguably his skills as a volunteer tracker who helps out on search missions.

Thanks to his speed, skill in scaling rough terrain, and ability to deduce logically, Novotny has become a significant addition to the volunteer searchers community when it comes to locating individuals lost in the mountains.

In June 2015, Novotny took part in his first search mission when he and a Russian friend located a missing 73-year-old hiker with the last name Lin within the mountain range between New Taipei’s Wulai District and Yilan County.

“He was missing for two or three days. My friend and I saw (the news), and we decided to travel there and see if we can find him. It was an interesting experience because we only found him when we chose to make a different turn from our original (path),” Novotny said.

“After he was safe, I felt very happy for him and happy for myself. It was like…an accomplishment, so I started doing it to help bring them back to their families,” he said.

Since then, Novotny has participated in numerous rescue missions. Just this September, he has already taken part in two searches.

The first was when he went into the Gaotaishan mountain range on multiple occasions to help track down a missing dirt biker surnamed Chi.

Throughout the search, the Czech trail runner could be seen sleeping in his car before waking up in the morning to resume the search for Chi.

According to Lobo, her husband had intended to explore and scale the Shei-Pa National Park, which spans Miaoli County, Taichung, and Hsinchu County. However, upon hearing of the missing person case, he geared up and headed to Hsinchu to aid in the search and rescue instead.

After seven days, Chi was eventually found weak but alive by a drone, resting on a pile of large rocks after he got injured trying to find his way back to his bike.

Soon after the rescue of Chi on Sept. 18, Novotny threw himself back into action again on Sept. 20 to help locate a lost hiker.

A 60-year-old man identified as Huang went missing from his group after the party of 17 entered the Baigu Mountain on the border between Taichung’s Heping District and Nantou County’s Jen’ai Township on Sept. 19.

Huang had apparently strayed away from the group when they approached the Sanzhui Shan mountain area in Jen’ai Township and disappeared.

Lobo said her husband joined the search immediately after a notice was released on Sept. 20, and located Huang’s corpse in a deep ravine in the Sanzhui Shan mountain area two days later.

Novotny had decided to comb that specific location after deducing that Huang might have attempted to look for water, and had hoped to find him alive within the 72-hour rescue window.

After discovering Huang, Novotny transmitted the coordinates back to the authorities so they could remove the body from the canyon.

“Sometimes in these rescues, we have happy results,” he said. “But sometimes, the ending is sad. In 2020, I went on many of the searches, but some of them were unfortunate.”

Novotny’s Taiwan friend Pico Yan (???) said the Czech national’s dedication to Taiwan is truly touching.

Yan said that during the search for Chi, Novotny looked exhausted, but the rescuer’s sense of duty and determination was immensely palpable.

Lobo said that her husband is usually the first volunteer responder on the scene, with the ability to do the work of many by himself thanks to his athletic prowess.

Search and rescue missions are always hard, but for her “beast” of a husband, he probably feels more at home when in the mountains, she added.

Throughout the years, the couple’s company has organized multiple events. Novotny is especially proud of his “Formosa Trail” event, which drew 1,500 participants, including those who flew into Taiwan just for the experience.

“We are special because we design our trail runs in areas you don’t usually visit. Our trails are maintained by us, and we show our clients the paths less traveled, if not untraveled. We show them the secret passages of Taiwan,” Novotny said.

This year, both Novotny and his company had milestones. The Czech national was granted an Alien Permanent Resident Certificate (APRC) earlier this year, giving him more security to live in Taiwan with his wife, two daughters, and their dogs. In September, the trail-running site marked its five-year anniversary.

Looking back at the time before they were able to apply for his current status, Lobo reminisced about the day she realized her Czech husband was truly a Taiwanese at heart.

Once on a trip to the Czech Republic with her husband, Lobo felt comfortable enough to suggest that they reside in Europe. To her surprise, Novotny replied: “Then you stay by yourself; I want to return to Taiwan.”

“My life is set in Taiwan and my most productive years were all in Taiwan as well. I see myself here in the next decade at least to see our daughters grow. We fell in love with the nature here. We love the mountains,” Novotny told CNA.

“For me, the mountains are my fuel for exploring, and for my wife, it is in her blood to return to nature,” said Novotny. “Frankly, nature was what made lockdown fun for my family as we would wake up at 5 a.m. for exercise and take our daughters to lesser-known places in Puli. Here, we can live in the moment, with the mountains and rivers as our backyard.”

Source: Focus Taiwan News Channel

‘The Magician on the Skywalk’ wins big at Golden Bells

Fantasy-comedy drama “The Magician on the Skywalk (???????)” was the biggest winner at this year’s Golden Bell Awards, taking home six awards, including best television series and best directing.

Adapted from the novel of the same name by Taiwanese novelist Wu Ming-yi (???), “The Magician on the Skywalk” received 14 nominations for the 56th edition of the awards, which were held in Taipei on Saturday night.

The series also won best newcomer in a television series, best production design, best cinematography for a television series and best lighting design.

The ceremony held at Sun Yat-sen Memorial Hall saw a total of 40 awards handed out, honoring outstanding television programs, series and individuals working in the industry.

Meanwhile, miniseries “Workers (????),” which is also a literary adaptation, won for best miniseries, best directing for a miniseries, and best leading actor and supporting actor in a miniseries.

During her acceptance speech Lin Yu-ling (???), producer of the miniseries, also announced her plan to turn the miniseries into a movie.

Best lighting design: Yeh Ming-kuang (???) for “The Magician on the Skywalk” (???????)

? Best cinematography for a television series: Chen Ko-chin (???) and Kao Tzu-hao (???) for “The Magician on the Skywalk” (???????)

? Best film editing for a television series: Chiang Shu-pei (???) for “The Cleaner” (??????-?????)

Best lifestyle program: “GuessWho” Season 12 (?????12?)

? Best host in a lifestyle program: Patty Lee (???) for “Jiang Play” (?????)

? Best film editing for a non-drama program: Hung Rue-yi (???) and Hsu Tsung-jen (???) for “Free Spirits in Time” (??-?????????)

? Best cinematography for a non-drama program: Chen Yi-sung (???), Chen Hsiang-yu (???) and Chen Yu-hsiang (???) for “Guardians of Formosa” (???????)

Best newcomer in a miniseries/ TV movie: Yu Chia-hsuan (???) for “No Flowers or Seasons” (???????-???)

? Best supporting actor in a miniseries/TV movie: Hsueh Shih-ling (???) for “Workers” (????)

? Best supporting actress in a miniseries/TV movie: Albee Huang (??/???) for “Who Killed the Good Man” (????)

Best animation program: “Pigsy Express” (?????)

? Best children’s program: “Kakudan Time Machine” (kakudan ???)

? Best host in a children’s program: Lan Pao (???) for “Kakudan Time Machine” (kakudan ???)

Best science program: “Guardians of Formosa” (???????)

? Best educational and cultural program: “Free Spirits in Time” (??-?????????)

? Best host in a science/ educational and cultural program: Claire Shu (???) for “Guardians of Formosa” (???????)

? Best directing for a non-drama program: Lee Li-shao (???) for ”Solo Dance” (????-??????)

Special contribution: Jen Li-yu (???)

? Best writing for a miniseries/TV movie: Herb Hsu (???) for “The Child of Light” (?????-????)

? Best sound effects: Lin Keng-nung (???) for “Free Spirits in Time” (??-?????????)

? Best production design: Wang Chih-cheng (???), Wang Chia-hui (???), Yeh Chih-hsiung (???), Yang Yu-hsien (???) and Kuo Chia-yu (???) for “The Magician on the Skywalk” (???????)

Best newcomer in a television series: Lee Yi-chao (???) for “The Magician on the Skywalk” (???????)

? Best television movie: “See You, Sir” (????)

Best leading actress in a miniseries/TV movie: Hsu Yen-ling (???) for “The Child of Light” (?????-????)

? Best leading actor in a miniseries/TV movie: Christopher Lee (???) for “Workers” (????)

Innovative programming: “All Star Sports Day” (??????)

? Best directing for a non-drama program: Ally Lee (???) for “The 16th KKBOX Music Awards” (?16?KKBOX ???????)

? Best reality or game show: “All Star Sports Day” (??????)

? Best host in a reality or game show: Sam Tseng (???) for “A Wonderful Word” (????-?????)

? Best variety show: “Dancing Diamond 52” (????DD52)

? Best host in a variety show: Jesse Tang (???), Aaron Yan (???) and Sandy Wu (???) for “36 Questions” (36????)

Best directing for a miniseries/TV movie: Cheng Fen-fen (???) for “Workers” (????)

? Best television miniseries: “Workers” (????)

? Best supporting actor in a television series: Darren Chiu (???) for “U Motherbaker” (??????????)

? Best supporting actress in a television series: Jian Man-shu (???) for “The Arc of Life” (?????????)

Best writing for a television series: Chang Yi-ning (???), Wu Tai-yun (???), Wu Tsung-jui (???) and Chen Nan-hung (???) for “Girls Win” (??????-????)

? Best leading actor in a television series: Hsueh Shih-ling (???) for “Born Into Loving Hands” (????)

? Best leading actress in a television series: Chung Hsin-ling (???) for “U Motherbaker” (??????????)

? Best directing for a television series: Yang Ya-che (???) for “The Magician on the Skywalk” (???????)

? Best television series: “The Magician on the Skywalk” (???????)

Source: Focus Taiwan News Channel