Global sell-off continues into Asia with Japan and Hong Kong plunging

Asian indexes closed sharply lower on Tuesday, mirroring massive losses seen stateside in the last session.

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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 …

Emerging donors in an ever-changing development’s game

In the foreign aid seminar at the International Development Department this week, Professor Amis talked about emerging donors in international development assistance. The emergence of new donors including China, the Arab’s countries and the BRICS bloc (Brazil, Russia, India, China, South Africa) among others in recent years has changed in what I defined as ‘development’s …

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 …

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