Where to go in Jakarta: Friday, July 18, 1997 Music * Planet Hollywood, Jl. Gatot Subroto Kav. 16, South Jakarta, Music Hours, Wednesday to Sunday, 9.30 p.m. onwards: Tricia Tahara, an American Singer. Top Classic Rock Music, every Thursday. Flashback night features old time favorite songs, every Friday. * Jamz, Jl. Panglima Polim Raya. No. LMN 11, South Jakarta, at 9.30 p.m. to 1 a.m.: Harvey M, Benny L & Co, Monday. Benny L & Co, Dixie Night, Tuesday. Indra, Jamz Session, Wednesday.

Whither, Cambodia? PHNOM PENH (JP): The situation appears to have returned to normal in the Cambodian capital, Phnom Penh, as the Cambodian People's Party (CPP) forces of Premier Hun Sen apparently have taken control of most parts of the country. But concern remains widespread as indicated by the fact that international flights to and from Phnom Penh (except to Vietnam) remain scarce.

Lippo Cikarang's IPO oversubscribed JAKARTA (JP): PT Lippo Cikarang said Wednesday that its recent initial public offering (IPO) was a big success, with demand far exceeding available shares. Lippo Group's deputy chairman, James T. Raidy, said the IPO was oversubscribed by 150 percent, forcing the company to make an allotment to subscribers.

Where to go in Bali for Friday, July 18, 1997 Music and entertainment * Bali Cliff, Pecatu: Frog Dance, Saturday, Balinese Theater, Ramayana Ballet, Monday, Kecak Dance, Tuesday and Saturday, Legong Dance, Wednesday, Mask Dance, Thursday, Jegog Orchestra, Friday, Tektekan Calonarang, Sunday, from 8.30 p.m. * The Ritz Carlton Bali, Jl. Karang Mas Sejahtera, Jimbaran: - Sami Sami Restaurant: Batak Folk Songs, 7 p.m. to 10 p.m. - Padi Restaurant: Keroncong, nightly, 6 p.m.

Taiwan says Kanematsu involved in Brunei refinery TAIPEI (Reuter): Taiwan monopoly Chinese Petroleum Corp said yesterday it would form a joint venture with Japan's Kanematsu Corp and the Brunei government to build Brunei's second oil refinery. "Kanematsu is also in the project," a Chinese Petroleum official told Reuters by telephone.

Exhibition points up artistic concerns of 1970s By Chandra Johan JAKARTA (JP) Add the Jakarta Art Council to the list of cultural institutions getting back into the swing of the 1970s. It is featuring works of nine prominent painters from that decade in an exhibition at the Cipta II Gallery of Taman Ismail Marzuki, Central Jakarta, through Sunday. Sulebar Soekarman, one of the painters, said the group was selected to point up differences between them and their predecessors.

Thai economy rebound depends on baht BANGKOK (Reuter): The battered Thai economy will show signs of export-led recovery in 1998 if the baht stabilizes at 27.70 to the dollar by the end of next year, Merrill Lynch & Co said. However, Merrill Lynch said in a report that the Thai economy would not pull out of its sharp slowdown if the government's switch to a managed float regime for the currency on July 2 leads to the baht depreciating by more than 20 percent next year.

Dede found his artistic calling by chance JAKARTA (JP): When he was a little boy, Dede Erie Supria wanted to be a teacher like his father. But in one of life's ironic detours from the planned path, he became a painter, a profession he had never considered seriously. Originally from Jakarta, Dede left his hometown in 1974 to enter the High School of Fine Arts, also known as SESRI, in Yogyakarta. "My goal was simple," he says. "I just wanted to learn to draw and be a teacher or whatever.

BOJ says Asian currency turmoil to settle soon TOKYO (Reuter): Bank of Japan (BOJ) Executive Director Takeshi Anzai said on Wednesday that he sees Asian currency turmoil settling down soon. He said Asian currencies should reflect economic fundamentals.

CEPA quits Tanjung Jati power project HONG KONG (Reuter): Southern Co Inc's Consolidated Electric Power Asia Ltd (CEPA) decided to quit the Tanjung Jati power station project in Indonesia because of uncertainty over the contract terms, CEPA said on Wednesday. Southern Co and Hopewell Holdings Ltd said earlier that Hopewell, CEPA's former parent, would sell its remaining 20 percent stake in CEPA in return for CEPA's 80 percent interest in the central Java power project and US$150 million in cash.

Humpuss eyes oil palm, jute in Sulawesi JAKARTA (JP): A subsidiary of Humpuss group is studying the feasibility of developing oil palm and jute plantations on a 30,000 hectare area of Southeast Sulawesi, Antara reported. If materialized, the project would involve local farmers as partners with the company, PT Perkebunan Gunung Sinaji (PGS), the news agency said, quoting the company's president, Muhamad Djaja.

Philippines maintains economic targets: Ramos MANILA (AFP): The Philippines is maintaining its economic growth target of seven percent this year despite the battering of the peso, President Fidel Ramos said Wednesday. "I do not see, as of the moment, any need to revise our economic targets," Ramos said in a news conference. "We're still looking at a budgetary surplus, a single-digit inflation, seven percent gross national product growth rate for 1997," he added.

Malaysia's Mahathir returns to swirl of issue By Reme Ahmad KUALA LUMPUR (Reuter): A rested Malaysian Prime Minister Mahathir Mohamad will have to deal with a swirl of issues on his return next week from a two-month break, political and economic analysts said. From a slumping stock market and ringgit, beauty contestants arrested for parading in bathing suits, to controversial plans for the world's largest reclamation project, the premier will have his plate full when he returns on July 22.

A decoupling process between public interest and public policy is taking place on both national and local levels. The process is increasing in intensity due to a growing power centralization in the economy and the political arena. Decisions are increasingly being made on the basis of distorted information and diversions of interest. Growing errors of judgment are therefore not surprising in public interest sectors.

;JP;ALY ANPAf..r.. Market-Maharani-listing Maharani makes capital market debut JP/11/MAHARANI Maharani makes capital market debut JAKARTA (JP): Multifinance firm PT Maharani Intifinance made its capital market debut Wednesday and announced plans to open at least five more branches this year.

Future challenges in development By Rizal Ramli JAKARTA: The New Order has been successful in the economic field. But most political criticism touches on public welfare or democracy. But in the economy too, something is happening which I refer to as the diminishing benefit. What was an early economic success has became a problem which further decreases the benefits of the present status quo.

TV Program: Friday, July 18, 1997 TVRI .tb .30" .90" 2:30 p.m. News: Lintas Nusantara 2:40 Travel: My Country 2:45 Children's Film: Kelley 3:10 Children's Dance: Aneka Tari Timor Timur 3:35 Talk Show: Sambung Rasa 4:00 Regional News 4:30 Student's Quiz: Cerdas Cermat 5:10 Film: Home Green Home 5:25 Variety Show: Country Tracks 5:30 Music: Paket 27 6:00 News: Lintasan Berita 6:05 Nusantara, The Beloved Country 6:15 Village Program 6:30 TVRI News 7:00 Evening News 7:35 Development Program:...

Stock quotations on JSX .rm .pl Stock prices on the Jakarta Stock Exchange (in rupiah) on July 16, 1997: ------------------------------------------------------------- Shares Close Change Trading Volume ------------------------------------------------------------- Ades Alfindo 1,150 -25 130,500 AHAP Insurance 2,800 0 0 Alter Abadi 1,025 25 187,500 Alumindo Light Metal 1,400 75 7,579,500 Alumindo Perkasa 900 0 24,500 Aneka Kimia Raya 1,500 -25 177,000 Anwar Sierad 1,150 50 2,001,000 Apac...

Where to go in Surabaya, for Friday, July 18, 1997 Music and Entertainment * Tunjungan Crystal Hotel, Jl. Tunjungan 102-104: - Lounge Bar: Stief's Band, Tuesday, Thursday, Saturday, open at 8 p.m. to 12 p.m. * Mirama Hotel, Jl. Raya Darmo 58-76: - Mirama Bar: Desire Band, Monday. Haztoria Band, Tuesday. Abouwhim VG and Bubi Chen Virtuoso Band, Wednesday. Abouwhim Band, Thursday. HI Beat Band and Singer, Friday. The Player's and Surabaya VG, Saturday. Electone Player, Sunday.

National pride I am writing in reference to the article Surly secretaries, English lesson ("By the way...," June 29). I have been thinking about writing on the same subject, but couldn't find the right words to express it. You accurately and clearly expressed what I have been wanting to say. I lived in America for almost 40 years. When I returned to Indonesia, my Indonesian was rusty and I decided to relearn bahasa Indonesia. I also tried to "reconvert" myself to being an Indonesian.

Spinning-off made to allow Indocement to focus on core JAKARTA (JP): Anthony Salim, chief executive officer of Indocement, said Wednesday the company had sold its 50.1 percent share in Indofood so that the cement giant could concentrate on its core business. Anthony said the separation of Indofood from Indocement would also improve the ability of the investing public to better understand the business of the two separate entities.

N-250 plane flies in Hanoi HANOI (AFP): An Indonesian-designed commuter aircraft flew a demonstration flight for Vietnamese aviation officials in Hanoi on Wednesday, an embassy official said. The N-250 turboprop aircraft took to the skies at Hanoi's Noi Bai International Airport before a crowd of officials from the Civil Aviation Authority of Vietnam, she said. The N-250 is a home grown product designed by the Indonesian state-owned PT Industri Pesawat Terbang Nusantara.

Melia Purosani Hotel gets loan JAKARTA (JP): PT Purosani Sri Persada, which owns the Hotel Melia Purosani, Yogyakarta, secured Wednesday a syndicated loan worth US$14.75 million from five local and overseas banks. Tang Beng Lim, Purosani's president, said the loan would be used to finance its existing debts. The loan was arranged by Bank Tamara with participants including the Bank of China, DBS Buana Tat Lee Bank, Bank Duta and Bank Indovest.

The Listening Post "Building English Skills Through Newspaper + Radio" Produced by American Language Center in cooperation with The Jakarta Post and Radio Sonora FM 100.9 Mhz "Turkey in Turmoil," a cause for concern throughout both NATO and the European Union, as Turkey has long been a member of the former, and fervently wishes to join the latter.

Summarecon to build new high-rise building at Kelapa Gading JP/11/SUDWI Summarecon to build new high-rise building at Kelapa Gading JAKARTA (JP): A business and entertainment center will highlight Kelapa Gading Permai's 20-hectare town center, scheduled for completion by 1999. The six-story building, the Sentral Promenad, will soon be developed by PT Sentral Summarecon Sukses, a joint venture of the Summarecon Group and businessman Sudwikatmono.

New measure needed to boost sugar output JAKARTA (JP): The government must change its sugarcane farming policy if it wants to stop a continued decline in sugar production, a senior official said. National Logistics Agency chairman Beddu Amang said Wednesday that the existing policy had yet to encourage sugarcane farming. "Some changes are absolutely needed if we want to become self- sufficient in sugar production," he said in a speech at the Asian Sugar Conference in Bali.