In the heart of Indonesia’s economic transformation, a new initiative is set to redefine the role of state-owned enterprises (SOEs) and pave the way for national prosperity. Danantara, officially named Daya Anagata Nusantara, is a visionary economic strategy introduced by President Prabowo Subianto in 2025. This initiative aims to consolidate and optimize the management of …
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Abdullah A Afifi
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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Luqyan Tamanni
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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Abdullah A Afifi
