Abu Dhabi wealth fund sues Goldman Sachs over 1MDB scandal

Sovereign wealth fund International Petroleum Investment Company filed a lawsuit against the investment bank in New York on Wednesday.

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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 …

Green Technology Advancements for Indonesia Post-2024 Elections

The Indonesian energy sector is ready for a technological revolution following the 2024 elections. The massive potential for renewable energy and green technology advancements has been around for a long time, waiting for the right moment to take off. The energy sector is a big business in the global market, the reason why the green …

Sumitronomics: Balancing Socialism and Pragmatism in 100 Days Prabowo’s

Just four months after Prabowo Subianto was inaugurated as President, the public raised their dissatisfaction with several of his administration’s policies, which appear to be growing. Student demonstrations and civil society protests since mid-February 2025 indicate that Prabowo’s new government have institutional reforms and an administration-style shift that has not yet been effectively communicated to …

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