How to win friends the Chinese way: Spend US$48 billion in financial diplomacy, a US study finds

June 27, 2018 8:00 AM

SINGAPORE – China has gone all out to woo its neighbours in recent years, spending at least US$48 billion to win friends between 2000 and 2016, an American study has found.

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Danantara: Prabowo’s Bold Vision to Transform Indonesia’s Economy

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 …

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 …

Bureaucracy Landscape Transformation Post-2024 Indonesia Elections

As a vibrant archipelago nation, Indonesia stands at a critical juncture following its 2024 elections. These elections have redefined the political landscape and highlighted the urgent need for systemic reform. The central issues to this transformation agenda are three pivotal areas: decentralization of power, revamping education infrastructure, and overhauling bureaucracy services. This article aims to …

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