HSBC tops earnings estimates, announces $2 billion share buyback

HSBC announced a $2 billion share buyback after reporting a 5 percent year-on-year increase in pre-tax profit to $10.24 billion in the first half of 2017.

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Decentralization of Bureaucracy in Indonesia Post-2024 Elections

The decentralization of bureaucracy refers to the process of redistributing administrative, fiscal, and political authority from the central government to local or regional levels. In Indonesia, a country known for its vast geographical spread and diverse population, this approach could address several longstanding issues. But this step must be taken, and the new government must …

2024 Indonesian Elections: The Role of Technology, Administration and Fair Play

The General Elections Commission (KPU) of Indonesia, in preparing for the 2024 elections, faces an enormous task. They face the challenge of organizing a fair and efficient election, especially in a vast and diverse country like Indonesia. The General Elections Commission (KPU) will have the task of managing the logistics, ensuring voter accessibility, and maintaining …

The Politics of Sharia Law: Islamist Activists and the State in Democratizing Indonesia

The period of study was 1945-1998. ‘Jakarta Charter’ was not included in the constitution, and a secular constitution for Indonesia was adopted. A ‘new order’ military dictatorship in 1965 saw the perpetuation of the secular-nationalist elites’s domination of the bureaucracy and military. Although movements based on ‘political Islam’ or Islamist movements were convenient allies of …

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