Ayo Nge-Bank: Lahirnya Persetujuan Basel I

Pada tanggal 26 Juni 1974, sebuah bank kecil di tengah-tengah Jerman Barat mengguncang seluruh dunia perbankan. Bank bernama Herstatt Bank ini bukanlah di antara bank-bank besar di Jerman Barat—disebut-sebut ia berperingkat 35 terbesar pada tahun tersebut. Namanya tentu tidak setenar bank Jerman lainnya seperti Deutsche Bank AG. Walau demikian, bank yang seolah tidak ada artinya ini akan mengakibatkan sesuatu yang luar biasa serius. Saat hari kerja tengah berlangsung di seluruh Jerman Barat, otoritas keuangan Jerman Barat, yaitu Kantor Pengawasan Perbankan Federal mencabut paksa izin usaha jasa perbankan (banking license) Herstatt Bank, memaksanya untuk tutup serta melikuidasi aset-asetnya untuk memenuhi kewajibannya. Hal ini disebabkan karena salah satu rasio kewajiban Herstatt Bank (financial leverage) telah melampaui jauh persyaratan yang diminta oleh Herstatt Bank. Maka, pada hari itu, Herstatt Bank dinyatakan berhenti beroperasi secara penuh.  Continue reading Ayo Nge-Bank: Lahirnya Persetujuan Basel I

The update

iOS 10 is finally here, and I have to admit, this is the release that I’ve been expecting the most—even more than iOS7, and I am truly satisfied. This is perhaps the first major upgrade of iOS that feels logical. It tidies things, refine the smallest of details, and small but surely, improves my workflow as well. 

I definitely cannot get those who label this update sucks, or not revolutionary. Sure, Apple is a revolutionary company in itself, but changes for the better need not always come in giant leaps. Sometimes, smaller refinements are what we actually need, and I believe iOS 10 makes the “most advanced mobile operating system” to become more polished, and again I say logical, purposeful, and you know it just by feeling it—even I cannot elaborate why do I think this way. 

If this is a good sign for many things to come, boy, I can’t wait!

Reason to be (emotionally) proud


Last night was quite emotional—not just for me, but for many Indonesians. Just a few minutes short of midnight, 17 August 2016, a day celebrated for Indonesia’s 71st Independence Day, its mixed doubles badminton pair Ahmad/Natsir won a gold medal for the country at the Summer Olympics 2016.  It continued an almost continuous run of gold medal from badminton for Indonesia since the first time the sport was competed in Summer Olympics 24 years ago—minus four years ago, in which Indonesia did not get any.

It was a moment of joy, with an underlying message: For a country priding itself in the motto Bhinneka Tunggal Ika (Unity in Diversity), you cannot find any better example than this pair. All the dichotomies are here: sex-wise, religion-wise, ethnicity-wise, they were very different—united by one sport, one cause, and one country.

When that Indonesia Raya (the national anthem) was played and sung after the gold medal awarding, you can understand all the tears shed during that 2-minute music. They were truly shed for a country many of us are proud to call home, and to the Red and White for which it stands.

By the way, congratulations to Ahmad/Natsir. Another reason to be proud.

And Happy Independence Day, Indonesia. Merdeka! 

(Photo was taken from Rappler)