Fitch: Some of China’s first local government bonds are likely to default

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China may witness its first local government bond defaults, but the timing is uncertain, Fitch said on Sunday.

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The Sheikh Jarrah Incident: The Toothless Arab Countries vs Israel

The South China Morning Post, a respected daily from Hong Kong, on the 17 of May, has picked up the stance of Malaysia, Brunei and Indonesia in rallying the Muslims against the latest Israel atrocities. In its comments, the Hong Kong SCMP said that the three countries have taken up the strong sentiments of its …

by @Arifin Hassan

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 …

by @Abdullah A Afifi

Platform Banking: The way to the future for Islamic Banking

Islamic banking is entering the state of irrelevance, or impasse. Many countries adopting dual banking system are witnessing the growth of Islamic banking sector stagnating. Indonesia for instance is growing at single digit in 2017, much lower than its peak of 47% in 2011, or 15-20% in the last three years. The growth of innovative …

by @Luqyan Tamanni

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