Asia markets drift lower as investors digest China data

Asian markets closed mostly lower on Tuesday after China reported that first-quarter GDP growth topped expectations.

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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 …

The New Politics of Accountability

Accountability is associated with fulfilling the obligation of the rulers to provide reasons for responsibilities and authority granted. In other words, the principals who have transferred and delegated power have certain rights to demand answers for conduct and policies made by the agents. This makes clear that a robust mechanism of accountability has a positive …

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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