Asian shares close mixed in choppy session after Fed raises rates

Asian markets finished mixed after the U.S. Federal Reserve raised interest rates for the first time this year.

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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 …

Trump’s Victory: What Next for Indonesia’s Economy and Diplomacy

With Donald Trump now confirmed as the U.S. president, Indonesia’s economy and diplomatic positioning will likely face significant shifts, reflecting both challenges and strategic opportunities. Trump’s prioritization of economic nationalism could reshape Indonesia’s trade and investment dynamics with the U.S., emphasizing bilateral agreements that may favour American interests. Targeted investments in sectors like energy could …

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 …

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