China lifts market rates in surprise move, following Fed hike

China's central bank raised interest rates for its reverse repos and medium-term lending facility (MLF) loans.

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Revamping Education Infrastructure in Indonesia Post-2024 Elections

Revamping Indonesia’s education infrastructure is critical to boosting the nation’s development and enhancing literacy rates. The core of this revamping process involves substantial improvements in physical infrastructure, curriculum modernization, technology integration, and teacher training. Upgrading school facilities across Indonesia, especially in remote and rural areas, is pivotal. Many schools lack basic amenities such as proper …

Bureaucracy Landscape Transformation Post-2024 Indonesia Elections

As a vibrant archipelago nation, Indonesia stands at a critical juncture following its 2024 elections. These elections have redefined the political landscape and highlighted the urgent need for systemic reform. The central issues to this transformation agenda are three pivotal areas: decentralization of power, revamping education infrastructure, and overhauling bureaucracy services. This article aims to …

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 …

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