Edition Monday, November 13, 2017|Internasional Bali Post

Page 1

I N T E R N A T I O N A L

I N T E R N A T I O N A L

16 Pages Number 210 9th year

Price: Rp 3.000,-

Monday, November 13, 2017

New ‘Star Wars’ trilogy raises hopes after Disney results miss target

LOS ANGELES - The force of “Star Wars” lifted Walt Disney Co shares on Thursday as the promise of a new film trilogy overshadowed disappointing quarterly results and struggles at the media company’s television business.

The storied movie studio and theme park operator is scrambling to keep viewers who are abandoning its current top money maker, cable networks. The power of its characters and brands are the reason many investors stick with the company despite its challenges. Disney shares rose more than 1 percent after Chief Executive Bob Iger said Disney had struck a deal with Rian Johnson, director of upcoming film “Star Wars: The Last Jedi,” to create a new trilogy in the blockbuster science fiction series. A live-action “Star Wars” TV series also is being developed for a streaming service that Disney is launching to capture online audiences, Iger said. Disney shares rose about 1 percent from their Thursday closing price to $103.57 after the “Star Wars” announcements, reversing an initial falloff after Disney’s results raised concerns about cable subscriptions. Subscribers and advertising revenue both fell at

ESPN, the sports powerhouse that is seen as a proxy for Disney’s ability to fight the rapid migration of audiences to online viewing. Affiliate revenue rose and overall results at ESPN were comparable to the prior year for the quarter that ended in September, Disney said. Total revenue from Disney’s cable business, the largest unit which includes ESPN and the Disney Channel, fell marginally to $3.95 billion in the fourth quarter, missing the $4.06 billion consensus of analysts polled by Thomson Reuters I/B/E/S. To address challenges in its TV networks business, Disney is developing family-friendly streaming services that it will sell directly to consumers to compete with Netflix Inc and other rivals. Building those businesses tops the company’s agenda for the next year, Iger told analysts on a conference call. “We believe creating a direct-to-consumer relationship is vital to the future of our media businesses, and it’s our highest priority this year,” he said. New Disney releases will go to the company’s own service rather than Netflix, starting in 2019, and Iger on Thursday said the new service would be priced “substantially below” Netflix, a reflection of having less content. (rtr)

REUTERS/Benoit Tessier/File Photo

Characters of Star Wars take part in an event held for the release of the film “Star Wars: The Force Awakens” in Disneyland Paris in Marne-la-Vallee, France on December 17, 2015.

PDI-P carries Koster-Cok Ace to gubernatorial election 2018 Mega appeals to Balinese people to elect KBS

Actress Zhao Wei

REUTERS/Alessandro Bianchi/File Photo

China bars billionaire actress Zhao Wei from stock trading for 5 years

BEIJING - Billionaire Chinese actress Zhao Wei and her husband have been barred from trading in the mainland stock market for five years and fined by the securities regulator, which cited their disclosure irregularities relating to a takeover bid of a firm. Zhao and her husband Huang Youlong, through a company they controlled - Tibet Longwei Culture Media Co - made a failed attempt to buy 29.1 percent of Zhejiang Wanjia Co in late 2016. Zhejiang Wanjia was later taken over by another investor and renamed Zhejiang Sunriver Culture Co. But Tibet Longwei’s bid drew scrutiny of the China Securities Regulatory Commission (CSRC) regarding information disclosure and takeover-financing ability. The regulator stated that the bid made misleading statements and major omissions in disclosures, according to a filing by Zhejiang Sunriver to the Shanghai stock exchange. The bidder’s actions “severely impacted market order, hurt medium and small investors’ confidence in the market, and undermined fairness, justice and openness of the market,” the regulator said, according to the filing. Zhao, Huang and Tibet Longwei could not be contacted for comment by phone. CSRC also could not be reached immediately for comment. Zhejiang Sunriver said in an emailed statement to Reuters it will “disclose information in a timely manner in accordance with law for any follow-up”. The CSRC fined Zhao and Huang 300,000 yuan ($45,201.15) each, while Tibet Longwei Culture Media Co received a 600,000 yuan penalty. Zhao and Huang built up an estimated 7 billion yuan in wealth through their investments, including early stakes in Alibaba Pictures Group, and were ranked 567 in the 2017 list of China’s richest compiled by the Hurun Report. (rtr)

You can find International Bali Post at: 1 Kuta Beach Club Jl. Bakung Sari Kuta 2 Wen Dys Kuta the Coffe Bear Jl. Pantai Kuta 3 Seminyak Paradiso Bali Hotel Jl. Camplung Tanduk 4 Ramayana Resort&Spa Jl. Bakung Sari Kuta 5 The Lokha Legian Resort&Spa Jl. Padma Legian Kuta 6 66 Corner Live Sport Emtertaiment Jl. Doble Six/Werkudara 23 7 Leghawa Grill Jl. D.Tamblingan No. 51 8 Retno Barr dan Restoran Jl. D.Tamblingan No.126 A Sanur 9 Elkomedor Jl. D.Tamblingan 140

10 Malaika Scret 11 Snack Shack 12 Warung Lokal 13 Cokro Cafee 14 T.J.Bar 15 J & N Kebab 16 Goanna Bar 17 Batu Jimbar 18 Ramayana Cafee

Jl. D.Poso No 68 Jl. D.Poso No. 50D Jl. D.Poso No. 39 Jl. D.Poso Sanur Jl. D.Poso Sanur Jl. D.Poso Sanur Jl. D.Poso Sanur Jl. D.Tamblingan Sanur Jl. D.Tamblingan

e-mail: info_ibp@balipost.co.id online: http://www.internationalbalipost.com. http://epaper.internationalbalipost.com.

Monday, November 13, 2017

19 Smirnof Cafee Jl. D.Tamblingan Sanur 20 Legwa Hotel Jl. D.Tamblingan Sanur 21 Nu Laser Cafee Jl. D.Tamblingan Sanur 22 Ganesa Book Jl. D.Tamblingan Sanur 23 All For Daiving Jl. D.Tamblingan Sanur 24 Barocca Jl.Petitenget 17 DKerobokan 25 Lantern Jl.Petitenget 17E Kerobokan 26 Shearlock Jl.Petitenget 17C Kerobokan Klod 27 Cafe Degan Jl.Petitenget 9 Kerobokan Klod

28 Kopi Made Jl. Raya Puputan No. 106 Dps 29 Dimsum Manan Jl. Raya Niti Mandala Renon No 148 30 Furama Jl. Raya Niti Mandala No. 148 Renon 31 Warung Subah Renon Jl. Mohamad Yamin No.18 32 Ayam Betutu khas Gilimanuk Jl. Merdeka No.88 Renon 33 Bali Bakery Jl. Hayam Wuruk 184 Denpasar

JAKARTA - The Central Executive Board of the Indonesian Democratic Party of Struggle (PDI-P) selected the holiday of Kuningan (Nov 11) to announce their candidates for governor and deputy governor of Bali for the simultaneous regional leader election 2018. Chairperson of PDI-P Central Executive Board, Megawati Soekarnoputri, who led the coordination meeting, officially announced the pair of Bali’s gubernatorial candidates: I Wayan Koster and deputy governor candidate Tjokorda Oka Ardhana Sukawati (Cok Ace) for the 2018 Simultaneous Election to be held on June 27, 2018. The announcement was made directly by Megawati at PDI-P’s office, Menteng, Central Jakarta, on Saturday (Nov. 11). The announcement was made through the submission of a recommendation letter that included a security mechanisms, in the form of print security and a security code. Hundreds of PDI-P cadres from the executive branch of the central parliament, as well as provincial, district and regional PDI-P leaders from across Bali, and members of Bali’s House of Representatives’ electorate were present. The central executive officials in attendance included PDI-P Secretary-General Hasto Kristiyanto, Deputy Secretary General Eriko Sotarduga, Chairman of Central Executive Board Andreas Pareira, Bambang DH and I Made Urip. Many other PDI-P managers were also in attendance. In her speech, Megawati sought the sincerity of the Balinese people to trust in relaying the leadership of the party to Koster or –Cok Ace of KBS (Koster Bali Satu or Koster Bali One) - “To the people, especially the people of Bali we request your prayers and blessings, please help me elect the two of them. I will close my eyes, I think Balinese people love me”, said Megawati. This former president of Indonesia explained the reasons for electing KBS-Cok Ace. According to Megawati, other than qualifying in terms of academic background, they both also have experience as people’s representatives at the central and provincial levels. Parliament works in partnership with the government; the central parliament works in partnership with the president and the ranks of his cabinet, while provincial

and district parliaments work in partnership with the governor and regents / mayor. Megawati also said that Koster is smart. “He is small in stature and Javanese people says his appearance is inappropriate. However after seeing him myself, I see that he is as smart as a doctor, engineer and has a masters’ degree in management. His name is Wayan Koster” she said. According to Megawati, the figure known as Cok Ace, is a cadre that has been well known for a long time. COk Ace first served as Regent of Gianyar for two periods in 2003-2008 and 2008-2013. He is also known as an academic. Cok

Ace is member of the Ubud Grand Palace family. “His father was the king of Ubud, and is legendary,” said Megawati. Regarding Cok Ace’S academic background, Megawati said that she is impressed by his undergraduate degree in architecture. “ His Master’s and doctorate degrees, however are in literature and cultural studies. Beside, he graduated cum laude. He also dances a magical dance that not everyone can dance as it has particular rules governing it”, addded Mega. In choosing a regional leader candidate, the first President of Indonesia Soekarno confirmed that election of a governor and his deputy must be based on their capabilities and track record and they must have experience in the legislature. “When someone wants to enter the political arena they must have a wealth of experience. At the very least, they should have been a member of the House of Representatives, either at the district or provincial level. Its partners must be the provincial government as well as district / municipal gov-

ernments”, added Megawati. An understanding of Soekarno’s teachings, she said is also important, she said. Megawati, emphasized that she considers it very important that the regional leaders elected by the PDI-P apply the concept of the Planned Universal Development System initiated by her father. Targeting 65 percent of votes

I Wayan Koster as condidate for Governor of Bali aims to get at least 65 percent of the votes to occupy the seat of Bali 1 in the simultaneous regional leader election 2018. So far, the PDI-P candidates for governor and deputy governor of Koster Bali Satu—Cok Ace are communicating with a number of parties in order to strengthen their political power. “So far, we have been in talks with National Mandate Party (PAN) and National Awakening Party (PKB) and they both seem to be giving their support. We are still working towards creating a coalition” , said Koster. In addition to communicating with a number of political parties,

Koster said that he and Cok Ace along with their supporting team will be making more frequent trips to different groups in the community in order to share their vision, mission and work program. Koster said that he has been specifically assigned by Chairperson Megawati Soekarnoputri to make the province of Bali province into a model of the application of the Planned Universal Development System initiated by President Soekarno. This member of Commission X of the Central House of Representatives said the first step he is taking to conduct internal consolidation within the party. “In order to achieve this victory we must start by consolidating all levels of the party” he affirmed. (kmb4) News can also be heard in “Bali Image” at Global Radio FM 96.5 from 9.30 until 10.00 am. Listen to Global Radio FM at http:// globalfmbali.listen2myradio.com or live video streaming at http:// radioglobalfmbali.com and http:// ustream.tv/channel/global-fm-bali.

IBP/kmb

Chairperson of PDI-P Central Executive Board, Megawati Soekarnoputri give speech during the announcement of the candidates for governor and deputy governor of Bali in Jakarta.


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.
Edition Monday, November 13, 2017|Internasional Bali Post by e-Paper KMB - Issuu