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Adhi LRT Phase II Funding: Private Sector Investment Sought

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Jakarta – PT Adhi Karya (persero) Tbk (ADHI) is seeking private sector funding to advance construction of the Phase II Light​ Rail‌ Transit (LRT) project connecting Cibubur and Bogor. This move follows the triumphant completion and operation of the Jabodebek Phase I LRT, currently serving‌ routes between Cawang-Cibubur, Cawang-Dukuh atas, and East Cawang-Bekasi.

According to Adhi Karya President Director Entus asnawi,discussions are underway with the Directorate General of Railways‍ at the Ministry ⁢of Transportation (Kemenhub) and ⁢PT Kereta Api Indonesia​ (KAI) to secure the‍ necessary capital. The Jabodebek Phase II LRT project is authorized under Presidential Regulation (Perpres) Number 98 of 2015.”As this is a ‍Perpres,‍ we have also discussed with the Director General of Railways. We are jointly looking for funding ‌solutions for the construction of the second phase, involving funds outside ⁤the government to work ⁢together with KAI,” ⁣Entus stated during a virtual public​ expose on⁢ Monday (September 8, 2025).

Adhi Karya was assigned the construction of ‌the Jabodebek LRT in two phases through‌ the aforementioned Perpres. Currently, 44 km of the LRT ‍is operational, representing a project value of Rp 25.5 trillion. However, the company has only received Rp 23.3 trillion in state Capital ‍Participation (PMN) ‌for Phase I, leaving a Rp 2.2 trillion balance owed by the government.

“The first stage of ‌44 kilometers that we have built ‌and operate at this time is Rp 23.3 trillion. But at that time there was still a lack of funds,” entus explained.

Adhi Karya Finance Director Bani Iqbal anticipates resolving the outstanding government receivables related‍ to the Jabodebek LRT project by the end⁣ of the year,acknowledging that these receivables constitute the company’s‌ largest outstanding balance.”The biggest receivables at this time are from the LRT, which is still in the process of discussion with KAI,​ Ministry of Finance,⁣ and also and ‌between them for its completion. the target can be completed as soon as possible later this year,” Bani said.

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Entertainment

Sheriff Who Killed His Wife Revealed: ‘Walking Toll’ Star’s Dark Secret

by Julia Evans – Entertainment Editor
written by Julia Evans – Entertainment Editor

Decades-Old Mystery Solved: ​’Walking Tall’ Actor Buford Pusser Confirmed as Wife’s Killer

MEMPHIS, ⁤TN – A 1967 case initially ruled an accidental shooting has been definitively closed: Buford⁤ Pusser, the real-life lawman and subject of the film​ Walking Tall, intentionally killed his wife, Pauline Pusser. The Tennessee Bureau of Inquiry (TBI) confirmed the⁤ findings in⁣ 2022, but details are newly surfacing, revealing a ‍pattern of domestic violence⁣ and ⁤a intentional attempt to conceal⁢ the truth. Dwayne⁣ Johnson also starred as Pusser in a 2004 remake of Walking​ Tall.

For over fifty years, the narrative surrounding Pauline Pusser’s ‌death centered on a tragic⁢ accident ​- a shooting during a car ride. ​though, inconsistencies ⁢in Pusser’s ⁢account and evidence uncovered during the autopsy painted a far more sinister picture. ⁤The ‍TBI’s investigation revealed Pauline ⁢was struck outside the vehicle, ⁣then moved inside, and the fatal⁣ gunshot was fired at close range, suggesting self-infliction. This contradicts Pusser’s initial claim of a sudden cliffside⁢ ambush. The case’s re-examination ‍underscores the challenges of investigating​ domestic violence, particularly when perpetrated by figures of⁣ public stature, and⁤ highlights the enduring impact of unsolved trauma on ⁢families and communities.

Evidence further suggested a‌ history​ of​ abuse. The autopsy revealed healed fractures of Pauline’s nose, indicating prior physical⁢ violence. These findings, coupled wiht‌ the discrepancies in the shooting’s circumstances, ⁤led investigators to classify the incident as a homicide.

Regional ⁤prosecutor ‍Mark Davidson‌ explained the delayed revelation, ⁣stating, “We did not reveal the ⁤truth of ‌the case to ⁢break down the‍ legend. We tie up the victim Paulin and his family, and reveal this fact to prevent ​the truth of the case⁣ in time.” He emphasized the⁢ importance ​of truth and justice, adding, “The truth and justice are critically important. I am qualified.”

The⁣ case remained classified as‌ an incident⁢ occurring‌ in the United States for several years before the TBI’s conclusive ‌findings.​ The revelation brings a measure of closure to the Pusser family and serves as a stark reminder of the hidden realities behind public personas.

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Business

Washington Lowers Customs Duties on Japanese Cars – RTS.CH

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

President Donald Trump signed a decree lowering customs duties on Japanese cars at 15% on Thursday, instead of 25% so far. They confirm the interpretation that the Japanese government had given from the agreement signed with Washington.

These surcharges will come into force seven days after the publication of the new decree in the American Official Journal, which is not yet effective.

Depending on the details of the decree, the agreement signed at the end of July between the United States and Japan therefore provides for a 15% customs ceiling for the majority of Japanese products exported to the United States, those being already affected by a surcharge beyond this limit seeing their rates unchanged.

An exemption for products sought

Certain sectors, like aeronautics, raw materials not available in the United States or generic drugs are free from this rate of 15%, specifies the decree.

>> Read also: What is a customs right?

Seeing the surcharge imposed on its cars set at 15%, compared to 25% for the majority of vehicles now entering the United States, Japan obtains a treatment similar to that granted to the European Union. The document, published on the White House website, raises doubts about the conditions of the agreement signed in late July between Tokyo and Washington.

Considered counterparts

Signed on July 22, the agreement provides for certain counterparts from Japanese companies, in particular via investments up to “550 billion dollars” of which “90% of the profits generated will remain in the United States”, said the President on his social social network.

Japan has also been committed to buying “for eight billion dollars of American products”, without specifying calendar, and the two countries must study the conditions of purchase of liquefied natural gas (LNG) from Alaska.

Finally, Tokyo has promised to buy “American manufacturing aircraft, including 100 Boeing”, according to the White House, as well as “lifting long-standing restrictions” which prevented access to American cars to the Japanese market.

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Entertainment

Lava Survival: Mobile Game Launches Globally

by Julia Evans – Entertainment Editor
written by Julia Evans – Entertainment Editor

‘Lava Survival‘ Mobile Game ‌Launches ⁢Globally, Leveraging Popular Animation IP

SEOUL, SOUTH KOREA – November 3, 2023 – A ‍new mobile game based on the globally recognized animation ‘LARVA’ has officially launched worldwide. Developed by Mighton, led by CEO Sun Dong-kyun, ‘Lava Survival’‌ is now available on Google Play, One Store, and the Galaxy Store, with simultaneous server‌ openings across North America, Europe, Southeast Asia, and Korea.

The game blends survival‍ and​ idle gameplay mechanics, featuring characters⁣ from the original ‘LARVA’ animation known for its comedic direction. ‘Lava Survival’ distinguishes itself through fast-paced ⁤battles,⁢ diverse item collection, and ​an automated ⁣combat system designed for accessibility. Mini-game content is also integrated to maintain player engagement.

Mighton developed⁤ ‘Lava survival’ over approximately two years, preparing for global distribution. ​The game⁣ was selected as a Google window program early in⁤ production, signifying confidence in its international potential and resulting in a stable server⁢ infrastructure ⁤and global operating system.

‘LARVA’ is a leading Korean animated IP, broadcast in over 180 countries ‍and boasting meaningful brand‍ recognition. Industry analysts note ⁤that games utilizing established IPs benefit from lower initial⁣ market entry barriers, particularly⁤ when targeting family and younger audiences. The convergence of survival and idle genres is also seen as⁤ a competitive differentiator within the mobile game market.

“‘Lava Survival’ is ‌an example of implementing Korea’s representative animation ‌as ⁢a game,” a statement from Mighton reads.

The launch is anticipated to bolster⁢ the global expansion⁤ strategy for games‍ based ‌on Korean animation intellectual property.

Reporter So Sung-ryul‌ of ETNews contributed to this report.

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Entertainment

Kyung Hee University Admissions 2026: Key Changes & Selection Criteria

by Julia Evans – Entertainment Editor
written by Julia Evans – Entertainment Editor

Kyung Hee University Announces Major Changes to 2026 Admissions

Table of Contents

Seoul, South ⁣Korea – Kyung Hee University has unveiled ample revisions to its undergraduate admissions process for the 2026 academic year, ⁢aiming to broaden access and refine selection criteria. The ⁣university plans to‌ admit a ‌total ⁤of 5,380 students,encompassing‌ 2,965 through the ⁣2026 entrance exam and 2,415 ​via on-time ‍recruitment. An additional⁣ 615 students will be‍ selected​ through occasional recruitment methods,including essay-based and practical skills assessments.

Key Changes for 2026 Admissions

Several⁢ key changes ‍are being implemented for the 2026 admissions cycle. These include new​ regional balanced application qualifications, updated minimum academic standards for Neo-Renaissance scholarships, and expanded ⁤opportunities for multi-child families. These changes reflect the university’s commitment to diversity and equitable access to higher education.

Student avoidance Screening (Regional⁣ Balanced Program)

The student Avoidance Screening, designed to‌ support students recommended by their ‌high school‌ principals, has expanded its eligibility criteria. Previously limited to graduates of⁤ domestic high schools, the program ‍now includes students graduating between February 2024 and February 2026. The selection process prioritizes‌ thorough curriculum evaluation (30%) and school life records, including attendance and service (70%).

The Major Autonomous Selection System (radio) will select 49 students for autonomous engineering and 158 for free engineering departments. Recruitment for each department ​and the radio companies will be conducted separately, with the international campus ⁣curriculum primarily​ focusing on the Department of Free Engineering. Evaluation ‌for this system will be based solely on comprehensive curriculum evaluation.

Comprehensive Student Affairs

A total of 1,546 students will be recruited through the general⁣ student affairs track,divided into Neo-Renaissance Screening (1,068),Possibility Balance Screening I (388),and Opportunity Balance Screening II (90). The Neo-Renaissance Screening now includes pharmaceutical⁣ sciences, with a focus on academic performance.The‌ first stage of this screening relies entirely on document evaluation, ‌selecting three to four times the number of‌ available positions. The second stage combines an interview ⁤(30%) with the first-stage document evaluation (70%). Interviews will be approximately​ 10 minutes long ⁢and‍ focus on⁢ motivation, values, personality, and personal documents.

Opportunity Balance Screening I and II utilize a combined ‍evaluation method, weighting document evaluation at 70% and student curriculum​ at 30%.⁢ These⁤ screenings will not differentiate between ​applicants based on veteran status, farming/fishing background, basic living benefits, or⁤ family support. They will integrate criteria for children from⁤ various ‍backgrounds, including large⁤ families, occupational hazard groups, multicultural families, and families‍ with disabilities.

Evaluation factors for comprehensive documents vary by department,with general ‍departments emphasizing ⁤academic competency⁢ (40%) and community capacity (20%). Autonomous and free engineering departments ‍prioritize career competency (40%) and self-directed competency (40%), reflecting subject selection, research, activities, and experience.

Did You Know?⁤ Kyung Hee University was founded in 1949, initially ‍as a language institute, and has grown into a⁤ comprehensive university renowned ⁤for its humanities, social sciences, and natural sciences programs.

Excellent Essay Writing

A total of 474 students will⁤ be selected based on essay​ writing. Minimum SAT scores vary by program, with humanities, natural ⁤sciences, and autonomous engineering ‍requiring a‌ combined score of under 5, while medical and pharmaceutical programs require a ⁤combined score of‌ under 4. The sports program requires a score of less than one level in one area.Korean history requirements are within ⁤5 grades for ⁣all programs.⁣ Essay exams are ​categorized by subject area, with ⁤the natural sciences‍ requiring a mathematics exam and ‍medical/pharmaceutical programs ⁤mandating both mathematics and a science subject (physics, chemistry, or life ⁤sciences).

Practical Excellent Screening

A ​total of 330 ​students⁢ will be admitted through ‍practical excellent screening. Evaluation⁣ criteria have been updated for Korean painting, conversation, and sculpture,⁤ shifting from a ‍two-stage ​process (performance⁣ evaluation‍ and student grades) ‌to a⁣ single-stage evaluation based​ solely ⁣on student grades. For design and ceramics, the weighting of student grades has increased‍ from 30% to 40%, while the practical exam weighting has decreased from 70% to 60%.

Departmental Reorganization and Name Changes

Kyung Hee University is restructuring its academic departments. The Department‌ of Business Management⁢ and Accounting ‌Department have been⁢ integrated into a ​new Management Accounting Department. The mechanical‌ engineering department has been reorganized as the Department of mechanical Engineering, with autonomous selection. The Department of Accounting and Taxation has been renamed the ​Department of Accounting, and the Department‌ of Electronics and Engineering has been renamed the Department of Electronics and Information Engineering, with the ⁣addition of a Semiconductor Engineering Department.

The university will also ⁢reflect student department comparison and service ⁣records in the Student Avoidance Screening and Practical ⁢Excellent Screening processes, ‍emphasizing consistent school life engagement.

Pro Tip: Prospective students should⁢ carefully review the updated evaluation ​criteria ‍for each program to ⁤tailor their applications effectively.

Openness and Information Disclosure

To promote fairness and transparency, Kyung Hee University will disclose detailed results ⁤from previous admissions cycles, including grade distributions, candidate scores, interview evaluations, and essay ‌scores. This information will‍ be available on‌ the Admissions Office homepage.

Admissions Category 2026 Enrollment Target Key ​Changes
Entrance Exam 2,965 No significant changes reported.
On-Time recruitment 2,415 Expanded eligibility for Student‍ Avoidance Screening.
Occasional Recruitment 615 Updated evaluation criteria for practical skills assessments.
Neo-Renaissance Screening 1,068 inclusion of pharmaceutical sciences.

What aspects of these changes do you ‍think will most benefit prospective students? ‌How might these changes impact the⁣ overall applicant pool?

The trend towards holistic admissions, as seen at Kyung Hee University, reflects a broader shift in higher education globally. Universities are​ increasingly prioritizing factors⁤ beyond standardized test scores, such as demonstrated leadership,‌ community involvement, and personal resilience. This⁢ approach aligns with research suggesting that non-cognitive skills⁤ are ‍strong predictors of academic success​ and long-term career outcomes (Duckworth,⁤ A. L.,et al., ⁢2007). The emphasis on regional balance also ‌addresses concerns about educational inequality and aims to provide opportunities for students from underrepresented backgrounds.

Frequently Asked Questions

  • What is the Student Avoidance​ Screening? ‌ It’s a​ program supporting students recommended by their high ⁤schools, now with expanded eligibility.
  • What are ⁤the minimum SAT scores for medical programs? A combined score of under 4 in the three areas is required.
  • How are comprehensive documents evaluated? ​ Evaluation factors vary by department, ‌focusing on ⁤academic and community competencies.
  • What changes were made to the practical excellent screening? Evaluation criteria ⁢were updated, with a greater emphasis on student grades.
  • Where can I find detailed admissions results ‌from ‌previous years? On the Kyung Hee University Admissions ​Office homepage.

We hope this detailed⁣ overview of the changes to Kyung Hee University’s 2026 admissions process is helpful.We encourage you to explore the university’s website for more information and to ​share this article with anyone ⁤who might find it useful.⁤ Don’t hesitate to reach out with any questions or comments – we’re always happy to hear from our readers!

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Business

KAI Suffers $1 Trillion Loss on Indonesia’s Whoosh Train Project

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

KAI Reports Nearly‍ Rp1 Trillion Loss on Jakarta-Bandung‍ High-Speed Rail Project

Table of Contents

Jakarta – State-owned railway ⁣company PT Kereta‍ Api Indonesia (Persero), ⁣or KAI, recorded a loss approaching Rp1 trillion ⁢(approximately $65.4 million USD) ⁤on the Jakarta-Bandung high-speed railway project, known as Whoosh, during ⁢the first semester of‌ 2025. ​The financial setback stems from KAI’s majority stake in PT Pilar Sinergi BUMN Indonesia ‍(PSBI), the consortium managing the ambitious infrastructure undertaking.

Financial Strain on KAI

The⁢ loss, totaling Rp951.48 billion ‍as of June 2025, is detailed in KAI’s consolidated financial statements. ​ KAI holds a 58.53 percent ownership share in ‍PSBI. ​ ​Extrapolating these figures, a full-year loss is estimated to reach ⁢approximately Rp1.9 trillion, a decrease from the⁤ Rp2.69 trillion loss recorded in 2024, but ⁤still representing a important financial burden⁢ for the state-owned enterprise.

The data was ‌disclosed in a management statement released to the Indonesia Stock Exchange (IDX) on Saturday, August 16, ‍2025. PSBI’s ownership ‌extends⁤ beyond KAI, ‌including stakes held by‍ PT‌ Wijaya ‍Karya ⁤(Persero) Tbk (WIKA) and PT⁣ Jasa Marga (Persero) tbk (JSMR).

project Challenges and Cost Overruns

The formation of PSBI‍ was a strategic ​response to⁣ the funding and management complexities of ⁣the Whoosh project, which encountered hurdles related to land acquisition and evolving construction designs. The‌ total investment for the high-speed rail ⁢line reached $7.2 billion (Rp116.54‌ trillion,based on an exchange rate of Rp16,186 per⁤ US dollar),including $1.2 billion (Rp19.42 trillion) in cost overruns. These escalating costs are now a priority ​for restructuring by the Indonesia‍ Investment Authority.

did You Know? The Jakarta-Bandung high-speed rail line is Indonesia’s first of its kind, aiming to revolutionize transportation between ‌the two major cities.

The ​financial impact of Whoosh began to affect KAI’s statements following ‍the project’s commercial launch in October‍ 2023. Currently, ⁤revenue generated by the railway has not yet offset the ample investment and operational expenses.

Key Project​ Figures

Metric Value
First Semester Loss (2025) Rp951.48 billion
Estimated​ Full-Year Loss (2025) Rp1.9 trillion
Full-Year loss ‍(2024) Rp2.69 trillion
Total Project Investment $7.2 billion ⁢(Rp116.54 ⁣trillion)
Cost Overruns $1.2 billion (Rp19.42 trillion)

Pro⁣ Tip: Understanding the complexities of infrastructure projects like Whoosh requires considering not only direct costs but also potential economic ⁢benefits and long-term ⁤sustainability.

What long-term ⁣strategies ‌can KAI‍ implement to ensure the financial viability of the Jakarta-Bandung high-speed rail⁤ project? And ​how will these losses impact future⁢ infrastructure investments ‍in Indonesia?

The Indonesian government has long prioritized infrastructure advancement as a key⁣ driver of economic growth. According⁢ to the World bank, investments ⁣in infrastructure are crucial for improving connectivity, reducing logistics costs, ‌and ⁤attracting foreign investment (World bank Infrastructure Overview). However, projects of this scale often⁤ present significant financial ​risks, as evidenced by the current situation ⁤with the Whoosh railway.

Furthermore,effective risk ​management and transparent financial reporting are essential for maintaining investor⁣ confidence and ensuring the success of large-scale infrastructure initiatives. A study ⁣by McKinsey ‍& Company highlights the importance of robust ‍project governance and proactive cost⁤ control measures in ⁣mitigating financial⁤ risks in infrastructure projects (McKinsey Infrastructure Insights).

The challenges faced by the Whoosh project underscore the ⁤broader complexities of⁢ large-scale infrastructure development in emerging economies.Factors such as⁢ land ⁣acquisition​ difficulties, regulatory hurdles, and fluctuating exchange⁤ rates can considerably impact project costs and timelines. ‍ Looking ⁢ahead, a focus on enduring⁤ financing models, public-private partnerships, and enhanced project management practices will be crucial ​for‌ ensuring the long-term success of Indonesia’s ⁤infrastructure ambitions.

Frequently⁤ Asked Questions about the Jakarta-Bandung ⁢High-Speed‌ Rail

  • What is the Whoosh railway? It’s Indonesia’s first high-speed railway,connecting Jakarta and⁢ Bandung.
  • How much⁢ did‍ the ​Whoosh project ⁢cost? The total‍ investment is $7.2 billion (Rp116.54 trillion),including cost overruns.
  • Why is KAI reporting‌ a loss on the Whoosh project? ⁤ Revenue hasn’t yet ⁢covered the high investment and operational ‍costs.
  • What is PSBI’s⁣ role in the ‍Whoosh project? PSBI ⁤is the ⁢consortium responsible for funding and managing the railway.
  • What steps are being taken ‌to address⁢ the financial losses? Restructuring of the⁣ Investment Management Agency ⁤and Antara is underway.

We encourage you to share this article with⁤ your network, leave a comment with your thoughts, or subscribe to our newsletter⁣ for the latest updates on Indonesian ‌news ‌and economic developments.

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