‘The Wolf of Wall Street’ producers to pay $60 million to US in lawsuit settlement linked to 1MDB

The lawsuit sought to seize assets allegedly bought with money stolen from a Malaysian state fund, 1MDB.

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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 …

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 …

An Airport in Payakumbuh City, is it Possible?

Payakumbuh City, located in the Limapuluh Kota Regency of West Sumatra, has significant geographical and historical potential for developing air transport infrastructure. In the past, Payakumbuh had a small airstrip primarily used for light aviation activities. However, over time, this facility was not developed into a commercial airport. As modern transportation demands grow in the …

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