SILLETTI, SUSANNA

first_imgA funeral mass was offered Dec. 7 at at St. Francis Church, Hoboken for Susanna “Susan” Silletti, 71. She passed away Dec. 3 at Saint Barnabas Medical Center in Livingston, surrounded by her loving family.Born in Molfetta, Italy to the late Corrado and Lucia Mastropierro, she came to Hoboken in 1958. She resided there until 1998, then living in Belleville until her passing. Susan retired from UPS in Lyndhurst in 2008, where she was employed as an auditor for 10 years. She had a love for reading, was an avid gardener and coin collector.She was predeceased by her husband Frank Silletti, brother Lenny Mastropierro and sister Lina De Pinto. She is survived by her sons Phillip Silletti, Anthony and his wife Brenda Silletti, her daughter Connie and her husband Nick Cafaro, her grandchildren Anthony Jr and Alyson Silletti, her brother Joe Mastropierro (Lina), her sisters Mary Di Biase (Dominick) and Elena Kolpak (Michael) and close family friends Cindy Sabater and Karla Paniagua, as well as many in-laws, nieces and nephews.Services arranged by the Failla-McKnight Memorial Home, Hoboken.last_img read more

Willie Nelson, Avett Bros, Warren Haynes & Many More Tapped For All-Star Merle Haggard Tribute Concert

first_imgIn recent years, Blackbird Presents has been putting together all-star tribute concerts to honor some of the most renowned names in music. Today, they’ve announced another installment in their series, titled Sing Me Back Home: The Music Of Merle Haggard, bringing dozens of artists together for the cause.The organizers revealed their initial lineup today, with Willie Nelson, Kenny Chesney, John Mellencamp, Dierks Bentley, Loretta Lnn, The Avett Brothers, Hank Williams Jr., Alison Krauss, Ronnie Dunn, Warren Haynes, Jamey Johnson, Kacey Musgraves, Lynyrd Skynyrd, Lucinda Williams, Ben Haggard, John Anderson, Connie Smith, Bobby Bare and more all performing for the event. It’s scheduled to take place on April 6th, 2017, at the Bridgestone Arena in Nashville, TN.Merle Haggard was a lifelong musician who gained famed for his hit country-western song “Okie From Muskogee” in 1969. With well-known songs like “Sing Me Back Home” and “Mama Tried” in the Grateful Dead repertoire, Haggard’s legacy is rich among the vast world of music lovers. He passed away on April 6th, 2016, on his 79th birthday, and the tribute concert will take place on the exact day of his 80th birthday.For all the information about this show, head to the official website here.last_img read more

Citizen spies, spied-on citizens

first_img Prague 1984 Exhibition material quoting official documents: “Photographic documentation must give us a clear and precise picture of actualities which have a causal relationship to the subject …” Prague 1977 These never-before-seen photographs and films of “subjects of interest” were taken secretly during the “normalization” era of hard-line socialist entrenchment after the 1968 Soviet-led occupation of Czechoslovakia, according to the exhibition notes. The photos are unsettling, depicting years of humdrum, everyday life framed through the lenses of unendingly suspicious watchdogs.“Prague Through the Lens of the Secret Police,” at Harvard through Dec. 21, is an exhibit of spooky images from the 1970s and 1980s. They depict the “normalization” period in Czechoslovakia, an intensely repressive interval between the Soviet-led crackdown in 1968 and the collapse of Communist rule in 1989.The exhibit, at the Center for Government and International Studies, consists mostly of banner-size photos and text cards translated from Czech.There are also six minutes of looped video. In one scene, filmed with a hidden camera, a man simply eats an apple. “From now on, when I eat an apple, I’m going to be watchful,” said Mark Kramer, a fellow and director of the Harvard Project on Cold War Studies, part of the Davis Center for Russian and Eurasian Studies.The Czech secret police went to great lengths to keep track of people “who were perfectly innocuous,” he said. “These weren’t terrorists. They weren’t dangers to the state.”The images, grainy and haunting, capture the dreary period known as “dumpling socialism,” a term of ironic nostalgia for Czech Communists. “The Prague we see,” reads the exhibit catalog, “is full of scaffolding, peeling facades, and socialist-era cars with two-stroke engines.”The exhibit is from the Institute of Totalitarian Regimes in Prague, where a related Security Services Archive opened last year. The show’s first U.S. stop was the Woodrow Wilson International Center for Scholars in Washington, D.C. Its second is Harvard.Kramer has worked extensively in the Czech police archive. Stored end to end in file cabinets, he estimates, are more than 30 miles of documents. Czech authorities say it will take a decade to digitize all of that paper, microfiche, film, and photography.Similar archives are open to the public in most former nations of the Soviet-controlled Eastern Bloc. But the Czech archive, established by law, is the freest and most accessible, said Jiri Ellinger, first secretary and head of the political section at the Embassy of the Czech Republic in Washington, D.C. At Harvard, he spoke at an opening reception Nov. 15 to a crowd of about 150. Prague 1977 “Prague Through the Lens of the Secret Police” introduces the visual products of the activities of a special unit of the Communist secret police (Státní bezpečnost, or StB) – the Surveillance Directorate of the Interior Ministry – which carried out surveillance of Czechs, Slovaks, and foreigners whom the Communist regime deemed hostile or suspicious in any way. Prague 1978 One of the exhibition’s aims is to show those who never experienced life in a Communist dictatorship what the secret police actually did at the behest of Czechoslovakia’s Communist regime. Prague 1978 The secret shadowing of designated people was carried out by about 200 policemen. Photos courtesy of the Institute for the Study of Totalitarian Regimes, Prague Prague 1985 Camouflaging a Nikon camera was difficult. Servicemen installed the Nikon next to the radiator of a car and devised a vent for picture taking on the front grille. The driver controlled the camera, notes the book “Prague Through the Lens of the Secret Police.” Prague 1985 The camera was hidden under a coat, in a suitcase, or in a handbag. The Communist secret police would release the shutter at moments when they felt the subject was in front of the hidden lens. Prague 1985 The officers’ most commonly used exposure time was 1/125 of a second and often even 1/60 of a second. ‘Prague Through the Lens of the Secret Police’ Prague 1984 A one-of-a-kind exhibition of photographs and films taken by the surveillance unit of the Czechoslovak secret police in the 1970s and 1980s, “Prague Through the Lens of the Secret Police,” is on display at Harvard’s Center for Government and International Studies through Dec. 21. This is the second stop in the exhibition’s U.S. tour. This is not an art exhibit, though the photos have “a peculiar charm,” said Ellinger. “Rather than enjoy it, I would ask you to think about it.”The people in the pictures could not speak, read, or gather freely, he said. And the people taking the pictures thought of citizen surveillance as normal.Still, the black-and-white photos, tilted and blurry, carry the unmistakable, if accidental, imprint of art. “An important work of art,” admits the catalog, “can also sometimes be created by people of whom it would not have been expected.”The exhibit begs the questions: Who were these unintentional artists, whose photos can move onlookers years later? Who were these secret-police officials, whose naïve pictures — taken without aid of the human eye from satchels and pockets — evoke so vividly the drab Prague of the Communist era?In 1948, when Czechoslovakia became a Communist state, there were 14 men in a special police unit who were spying on citizens. They had only one camera. By 1989, just before the Velvet Revolution transformed the Czech Socialist Republic into a democracy, 795 men and women were in the Surveillance Directorate of the State Security Service.These domestic spies embraced a James Bond modernity. They used many cameras — concealed in tobacco pouches, purses, briefcases, transistor radios, lighters, and on engine blocks (for mobile surveillance). They mounted Sony television cameras in parked cars and in a baby carriage wheeled around by operatives posing as married couples. They ran up tabs for meals and beer. All was carefully archived, including deadpan written reports that read like postmodern fiction.One began: “ALI was caught at the train station hall while perusing the arrival board. ALI was bareheaded, dressed in a white-striped outfit and white shoes. She was carrying a white plastic bag and a brown purse. Afterwards …”Haviland Smith, the U.S. Central Intelligence Agency’s station chief in Prague from 1958 to 1960, attended the opening. He called surveillance “an expression of the regime’s desire to stay in power — nothing more, nothing less.”Surveillance was often layered, professional, and constant.It could be comical too. Shortly after arriving at a Prague hotel, Smith’s wife complained how there was only one towel in their room. “Within two minutes,” he said, “there was a knock on the door, and the maid stood there with an armful of towels.”By 1989, police spies had amassed more than 7,000 files on civilians. They gave their operations code names with novelistic resonance, including Rome, Tennis Player, Bula, and Condor. They nicknamed their surveillance subjects with similar verve: Alice 83, Smoke, Typist, and Aloe, for instance.Producer 1, tailed from 1982 to 1989, was filmmaker Milos Forman. Doctor A — bespectacled, bearded, and on crutches in the exhibit photos — was Zdenek Pinc, a Prague professor of ancient philosophy.“He was dangerous to the regime,” as were his beloved philosophers from 2,000 years ago, said Ellinger, because “he wanted to study and think freely.”The Czech archive is important for more than Cold War scholarship, and “has immense value on the personal level,” said Ellinger, who was 15 at the time of the Velvet Revolution in 1989. “To know exactly what happened is the first step toward healing.”last_img read more

Two New Dell UltraSharp Monitors Support Enhanced Performance, Productivity

first_imgWhether we’re in the office or at home, productivity has become a precious commodity for workers. For some of us, the challenge is staying focused amid a million daily distractions. For others, it’s simply finding ways to optimize our performance as much as possible. But across the board, it’s clear that having the right technology has become an essential component of a productive workday.Studies have shown that the monitor(s) workers use can play a key role in enhancing productivity. That’s why Dell is focused on designing monitors that solve productivity and performance challenges. Now, we’re excited to announce the expansion of our innovative Dell UltraSharp line of monitors to better meet the needs of users in color-critical professions and professionals who work simultaneously with multiple applications.Dell UltraSharp 30 Monitor with PremierColor (UP3017)As anyone who’s worked in a visual field knows, small changes to color can immensely change the mood, tone, accuracy and even professional credibility of videos and images. That’s why it’s crucial that users responsible for setting those color levels be presented with a crisp, color-accurate image as they design or edit.The Dell UltraSharp 30 Monitor with PremierColor (UP3017), the newest addition to an impressive lineup of Dell UltraSharp Monitors with PremierColor that address a wide range of color-critical needs, takes this commitment to color a step further than its same-sized predecessor (U3014) with 99 percent coverage achievement across four professional color spaces – AdobeRGB, sRGB, REC 709 and DCI-P3. These last two color spaces are of key importance to animation designers and video editors when ensuring color accuracy during post-production work.Perhaps one of the most exciting enhancements is the ability for users to fine-tune their colors using Custom Color mode or calibrate the monitor in-house using Dell UltraSharp Color Calibration Solution software with the optional colorimeter (sold separately). With the software development kit, you can tweak your color parameters according to your proprietary color solution.This new monitor also addresses another key need of professionals in color-critical fields – the ability to adjust and rotate the monitor to suit their current viewing needs. While our original 30-inch model offered a wide range of adjustability, the new release offers even more options, including the ability to rotate the monitor panel clockwise or counter-clockwise to view the entire screen in portrait orientation, a greater height adjustability range and wider forward and backward tilting angles. Users will have the flexibility to adjust the screen to suit them, rather than the other way around.And since we know that dual monitors can enhance productivity, we’ve made it easier to view dual content in two ways. First, users can connect two PCs to the same UP3017 monitor in order to view and interact with content from each source side-by-side or as picture-in-picture, using a single mouse and keyboard. Secondly, users can daisy chain two monitors to replicate or extend content across both monitors, without requiring both to be connected to the source. Both of these options offer significant productivity enhancements for editors and designers who can save a great deal of time and energy by viewing multiple source files simultaneously.Dell UltraSharp 34 Curved Monitor (U3417W)For users looking for productivity enablers that minimize distractions and help them stay focused on a singular task, we’ve created an even more immersive and comfortable viewing experience with the Dell UltraSharp 34 Curved Monitor (U3417W).The U3417W model builds on the innovations we’ve introduced with our line of curved monitors by providing an increased screen curvature. It takes the benefits of curved, ultra-wide screens even further by better optimizing users’ field of view, while continuing to minimize reflection and offering near-uniform visual focus. It also optimizes eye comfort with a flicker-free viewing experience, ComfortView which minimizes blue light emissions, and less head-turning needed to see the entire image on screen, all of which can be significant benefits for users who view the monitor for hours on end. This has obvious applications for not only workers but gamers and those using the immersive viewing experience for home entertainment. It’s also ideal for executives and discerning professionals who work with multiple applications or files at the same time.The new release offers this increased curvature on top of the same impressive specs, including powerful dual 9W speakers and Picture-in-Picture and Picture-by-Picture features, offered by the U3415W. PC Mag named the U3415W its top pick for ultra-wide monitors, while TechRadar Pro called it “the ideal replacement for dual-monitor setups.”Of course, both monitors build upon the already-solid foundation of the preceding Dell UltraSharp products, including precise, accurate colors right out of the box, and crisp, high-contrast images. And our Premium Panel Guarantee and Advanced Exchange Service provide the reliability our customers have come to expect.The same philosophy that has made us a successful PC brand for over 30 years has made us the world’s number one monitor brand for three years and in North America for 16 years. We listen to our partners and customers and provide practical innovation based on real needs. Whether you’re a worker in a color-critical field, a multi-task-oriented professional or both, let us know how these new monitors are affecting your workday. We look forward to working with you to continue meeting pressing needs as Dell technology and the workplace evolve together.last_img read more

Jordan recovers bodies of 3 swept away in flash flood

first_imgAMMAN, Jordan (AP) — Authorities in Jordan have recovered the bodies of three people who went missing after their vehicle was swept away in a flash flood. The flood happened early on Friday. The Public Security Directorate said the brother of one of those missing died during the search near the town of Ruwaished. That’s located some 300 kilometers, or about 190 miles, east of the Jordanian capital of Amman. Jordan often experiences flash flooding this time of year as heavy seasonal rains send torrents of water through its desert valleys.last_img read more

Broadway Grosses: Larry David’s Fish in the Dark Draws Crowds

first_imgThe Larry David-penned Fish in the Dark began previews at Broadway’s Cort Theatre on February 2, and people are already standing in the back just to catch the Seinfeld co-creator’s Broadway debut. With its first seven performances, the play exceeded capacity at 101.05% and grossed just shy of seven figures at $993,940. Joining the comedy in the top five grossing shows were box office perennials The Lion King, The Book of Mormon, Wicked and Aladdin. Meanwhile, in its final week of performances, the Hugh Jackman-led The River took the top spot by capacity. Emma Stone will also end her perfectly marvelous run in Cabaret on February 15. The Oscar nominee has continuously played to impressive crowds at Studio 54, and at 98.21% capacity, this week was no exception. We will continue to monitor the show’s performance during her final days and once Sienna Miller takes over beginning February 17. *Number based on seven preview performances **Number based on six regular performances Here’s a look at who was on top—and who was not—for the week ending February 8: UNDERDOGS (By Gross) 5. On the Town ($379,914) 4. Mamma Mia! ($362,236) 3. Honeymoon in Vegas ($359,163) 2. You Can’t Take It With You ($334,224) 1. Disgraced ($333,741) FRONTRUNNERS (By Gross) 1. The Lion King ($1,463,314) 2. The Book of Mormon ($1,455,237) 3. Wicked ($1,262,017) 4. Aladdin ($1,203,871) 5. Fish in the Dark ($993,940)* UNDERDOGS (By Capacity) 5. Les Miserables (60.09%) 4. Mamma Mia! (55.29%) 3. You Can’t Take It With You (52.50%) 2. Honeymoon in Vegas (51.63%) 1. On the Town (36.15%) FRONTRUNNERS (By Capacity) 1. The River (102.42%) 2. The Book of Mormon (102.19%) 3. Fish in the Dark (101.05%)* 4. The Elephant Man (100.15%)** 5. Constellations (98.69%) Source: The Broadway League View Commentslast_img read more

Weekend Pick: Hot Chocolate 10K

first_imgThe Isaac Dickson Hot Chocolate 10K started out as a small fundraiser for an elementary school. It’s become one of the biggest and most exciting regional races of the winter season. The 7th Annual Hot Chocolate 10K takes place this weekend, Saturday January 25th, in Asheville, North Carolina. Local runners and outdoor enthusiasts Tim and Leslie Grotenhuis have been organizing this race for years, and they know how to put on a top-notch event. It’s one of the friendliest and most well organized races in the mountains.It’s quite competitive up front, with elites battling it out on a mostly flat, fast course. But mainly it’s an excuse to get off the couch in freezing cold weather and run a few miles with friends. Save something up for the last mile, which is mostly uphill.This event is truly fun for all. There will be a Kids 1K Hill Climb for children 12 and under, as well as a Marshmallow Dash for those ages 6 and under. All races benefit the Issac Dickson Elementary School Parent Teacher Organization. The school is currently being demolished and rebuilt; in the meantime the children have moved to the William Randolph School building on Montford Avenue, which is where the 10K will start and finish.Registration is taking place both online (now) and on race day. The entry fee for the 10K is $30. Both of the children’s runs are $12. All participants will receive a race day long sleeved t-shirt and a collector’s mug. This video gives participants a great idea of what to expect during those 6.2 miles. 10K runners need to be ready to go at 8:55am sharp!Enjoy some live entertainment and hot chocolate (of course) afterwards with the wonderful community of Asheville. There will be an awards ceremony for the top three winners in each category.As always, volunteers are needed. Check out this page for a list of ways and opportunities to help. View Larger Maplast_img read more

Chile and Haiti, 13 Years of Work Coming to an End

first_imgBy Augusto Scarella Arce /Diálogo April 24, 2017 In early March 2004, part of a Chilean battalion arrived on Air Force planes in Port-au-Prince to join the Multinational Interim Force authorized by United Nations Security Council Resolution 1529 to support the peaceful and constitutional continuation of the political process and to maintain a secure and stable environment. Together with forces from other partner nations, 160 Chileans, the majority of them members of the special forces, quickly assimilated the conditions of chaos and the lack of public safety that prevailed at that time. Days later, after the Chilean Congress authorized it, they received reinforcement from 350 Infantry troops with their respective combat supports. Thus began Operation Secure Tomorrow, which by the end of April already had 2,000 United States, around 900 French, more than 500 Canadian, and nearly 350 Chilean personnel. Chile joined other nations that were trained for rapid and effective deployments in hostile environments, and it had a successful debut in its assignments to various peacekeeping operations. Today’s United Nations Stabilization Mission in Haiti (MINUSTAH, per its French acronym), replaced the Multinational Interim Force on June 1st of that year, and it has come to include more than 6,700 personnel from various countries. Reaping the rewards Thirteen years later, Haiti has experienced various positive changes, particularly in terms of the security and stability of its population. On October 13, 2016, the UN Security Council passed Resolution 2313, which extended MINUSTAH’s mandate to April 15, 2017. In said resolution, the Security Council decided that the maximum MINUSTAH contingency would be 2,370 service members and a police component of 2,601 personnel. On August 31, 2016, the Chilean Permanent Mission to the UN informed the United Nations Under-Secretary-General for Peacekeeping Operations, Hervé Ladsous, of the decision to withdraw Chilean troops from Haiti in the second half of April 2017. Included in the aforementioned document was the withdrawal of service members and other personnel from the general headquarters. The notice indicated, however, a willingness to maintain the presence of the police personnel. Since that date, the withdrawal of the Chilean forces has been planned in different stages. The Chilean units began their withdrawal on April 15th, after standing down their operations. Similarly, the Salvadoran, Honduran, and Mexican contingents that were part of the joint international force will also be withdrawn. For Chile’s Minister of Defense, José Antonio Gómez, the expectations that the UN placed on his nation to support Haiti were met. “Proof of that is how their responsibilities kept increasing. We were part of the operational command of the troops deployed there, and we were even represented by the secretary general through Ambassador Juan Gabriel Valdés. Chile was an active member in this mission and we are returning home with the satisfaction of a job well done, having returned the nation of Haiti to its development of democratic institutions.” Evidence of the level of comprehensive development and the scope of Chile’s capabilities was demonstrated in its withdrawal plan. “The fact that the withdrawal of our forces is being carried out using our own resources, those that our national defense keeps in a constant state of operational readiness, holds great political and strategic significance. It mainly shows that Chile is capable of acting in situations beyond its region without needing to resort to contracting private services for its deployment,” Gómez added. “The experience, interoperability, skills, and abilities that all of our personnel have acquired through their participation in these operations in Haiti are invaluable, and they have been carried over to the rest of our Chilean Armed Forces as lessons learned, being incorporated into our institutional doctrines for education and training,” said Air Force Lieutenant General Arturo Merino Núñez, chief of the Joint Chiefs of Staff. “Our troops’ conduct in the Haitian operations was exemplary. According to my assessment, having analyzed 13 years of operations — a period in which nearly 12,000 Chilean personnel participated — I believe that the conduct of our personnel was outstanding. No incidents were recorded that could be characterized as crimes. There were just a few isolated cases that were dealt with through disciplinary action in accordance with Chilean military regulations, and that are capable of occurring given the size of the force that was deployed,” he asserted. Homecoming Chile’s participation in Haiti has had a significant impact on the development of mechanisms for international cooperation in the area of defense. The work carried out from June 2004 onward by the Joint Chilean-Ecuadorian Engineering Company, which returned home in 2015, represented a novel effort in the South American region with regard to joining together the willingness of states and their defense institutions to contribute to the control, consolidation, and protection of peace in a sister nation. This initiative marked a turning point in the region, and in Chile’s case, that was translated into its collaboration with El Salvador, Honduras, and Mexico, which, in 2013, 2014, and 2015, respectively, were incorporated into MINUSTAH’s Chile Battalion. The purpose of this development is to improve the standards of enlistment and training in the Chilean Armed Forces, a situation that has undergone an empirical review through the involvement of Chile’s Armed and Security Forces in national emergency situations in which they have employed the experiences and capabilities acquired in the Haitian operations. Chile is leaving behind great work in Haiti; work which, over the course of 13 years of uninterrupted relations, has seen moments of joy for each achievement, but also moments of sadness when mourning their fallen.last_img read more

Alabama One must comply with cease and desist

first_imgby: David MorrisonAn Alabama State court denied Alabama One’s request to temporarily restrain the Alabama Credit Union Administration from enforcing its April 2 cease and desist order, according to legal sources and Alabama One members in the Tuscaloosa, Ala., courtroom May 14.Tuscaloosa Circuit Court Justice John England ruled on the motion for the order. continue reading » 5SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblrlast_img

Retail govt bond coupon of 6.4% attractive for investors: Analysts

first_imgThe Finance Ministry’s announcement of a 6.4 percent fixed coupon rate for retail government bonds series ORI-017 is a relatively attractive valuation for retail investors, analysts say.Mandiri Sekuritas head of fixed income research Handy Yunianto said the coupon rate reflected a 90 basis points (bps) spread with the Deposit Insurance Corporation (LPS) deposit rate, which is higher than the spread of the previous ORI series.Although the previous ORI-016 offered a higher coupon rate of 6.8 percent, the spread was only 30 bps above the LPS rate at that time. “The current series actually has a bigger spread due to the lowering of the LPS guaranteed interest rate, which has fallen quite deep along with the fall of Bank Indonesia’s [BI] rate,” Handy told The Jakarta Post on Friday.BI has cut its benchmark interest rate by 50 bps so far this year to 4.5 percent in an effort to stabilize the economy amid the volatility caused by the COVID-19 pandemic. Meanwhile, the LPS rate has fallen 75 bps to 5.5 percent during the same period. “That coupon rate is still attractive because it is higher than the deposit rate,” RHB Sekuritas Indonesia assistant vice president Adra Wijasena told the Post. The coupon rate was “reasonable and aligned with investor’s expectation”, he added, citing the yield of the three-year-tenor government debt paper (SUN) of 6.38 percent as of Thursday, according to data from the Indonesia Bond Pricing Agency (IBPA). The ORI-017 series also has a tenor of three years, set to mature on July 15, 2023. Adra added that aside from the attractive rate, retail government bonds were still considered a good investment vehicle as the 15 percent tax for bonds was still lower than the 20 percent tax for time deposits. ORI-017, which will be offered from June 15 to July 9, will be available online across 25 of the DJPPR’s distribution partners including banks, brokerage houses and fintech. The minimum order is Rp 1 million (US$70.23) and the maximum is Rp 3 billion. ORI will only become tradable between domestic investors after a two-month minimum holding period that ends on Sept. 15. According to the latest data from the Finance Ministry’s debt management office (DMO), retail investors owned Rp 95.45 trillion in rupiah-denominated government bonds, around 3.1 percent of the total outstanding bonds, as of June 8. During a webinar held as part of the Post’s webinar series “Jakpost Up Close” on Wednesday, Handy spoke about the low level of individual participation in the bond market. As of June 10, retail investors only held around 3 percent of tradable government bonds, or Rp 95.6 trillion out of the total Rp 3.07 quadrillion, according to data from the DMO.Foreign investors, on the other hand, dominate ownership, holding 30 percent, while banks own 31.7 percent.Despite this, enthusiasm from retail investors has appeared to grow steadily in recent years, as seen by the increase in new retail investor clients across different securities companies. As of 2019, Mandiri Sekuritas had 119,000 retail clients, up from 95,000 the previous year, accounting for around 25 percent of new client growth per year. During the first four months of this year, it booked 11,000 new retail customers. The securities company has been appointed as one of the 25 distribution partners for ORI-017. Digital investment portal Tanamduit, another official distribution partner for government bonds, reported that the number of customers registering on its platform had increased 31 percent to more than 230,000 people as of the end of May. According to a DMO press statement, the process to purchase ORI-017 online will be divided into four phases: registration, billing order, payment and settlement. Retail investors are encouraged to contact one of the 25 distribution partners to place purchase orders through their electronic systems. Topics :last_img read more