The Trans Sumatra Toll Road (TSTR) is a mega toll road project with an assignment State-Owned Enterprise (SOE) scheme in Indonesia. In its development, TSTR has several limitations, including funding, low investment feasibility and the un-optimum implementation of land value capture (LVC). This has the impact of delaying the completion of project development, decreasing the performance of toll road developer companies and even causing bankruptcy. LVC is an alternative funding scheme proven successful in other countries such as Hongkong, England and Vietnam. Several transportation projects based on transit-oriented development have successfully achieved profits using the LVC method. With a low project feasibility, the implementation of the Road Plus Property Developer (RPPD) business model is expected to be a solution to improve investment performance in the TSTR project. RPPD is defined as an assignment scheme toll road business model based on LVC implementation. This research aims to develop policies for implementing the RPPD business model on toll road SOE-assigned schemes. The data was collected by in-depth interviews with experts in two stages. The data analysis method used is Soft System Methodology (SSM). This research produces two recommended actions: ratification of the Presidential Regulation regarding the implementation of LVC and institutional transformation of regionally owned business entities in the property sector. It is hoped that implementing the RPPD policy will become a priority in completing the TSTR project.
Given the importance of Information Communication Technology (ICT) in stimulating stock market development, many researchers have investigated their influences on the developed markets and high-income economies. The aim of this study is to examine the impact of ICT diffusion on stock market development for a panel of 17 selected emerging countries over the period 1990–2020 and employed the system-generalized method of moments (S-GMM) to test its objective. Three stock market development indicators are also used, namely: stock market capitalization (SMC), stock market total value traded (SMTT), and stock market turnover (SMT). Three ICT indicators are also employed, namely: Fixed telephone subscriptions (FTS), Individuals using the Internet (IUI), and Mobile cellular subscriptions (MCS). Three financial development indicators (deposit money among bank assets (DMB), liquid liabilities (LLB), and private credit by deposit money bank (PCM)) were employed as control variables. In its findings, all selected ICT dynamics positively affect stock market development and its constituents. Secondly, no proof was confirmed in relation to the impact of fixed telephone and stock market development with its elements. Thirdly, evidence of a positive relationship is sparingly apparent in financial development and its components. Fourthly, compared with fixed telephone, internet users more positively and significantly affect stock market development indicators. Policy implications are discussed.
Studies show that the COVID-19 crisis may threaten to attain sustainable development goals connected with shelter in developing countries, including Malaysia. Low-cost housing provision has been identified as one tool for achieving sustainability goals via synergistic operations. However, studies about post-COVID-19 housing and sustainable development goals integration are scarce in Malaysia. The study investigated the state of post-COVID-19 housing and developed a framework to integrate Goals in housing provision in Malaysia. The study covered four major cities in Malaysia via qualitative research to achieve the study’s objectives. The researchers engaged forty participants via semi-structured virtual interviews, and saturation was achieved. The study utilized a thematic analysis for the collated data and honed them with secondary sources. Findings show that COVID-19 reduced the possibility of low-income earners becoming homeowners. This is because the low-income groups were real losers of COVID-19 economic changes. Also, findings reveal that achieving four Goals from the 17 Goals will improve housing provision in Malaysia’s post-COVID-19 era. The study encourages key housing stakeholders to improve housing delivery, especially for the low-income earners across Malaysia in the post-COVID-19 era. This will imply contributing to achieving four Goals because of the correlation, as part of the study’s implications.
Puppetry is one of the traditional folk art forms with a long history in China.Puppetry is one of the traditional folk art forms with a long history in China. After it was transmitted to the Gaozhou Prefecture of Guangdong by the Fujian Zhangzhou Puppet Show during the Wanli period of the Ming Dynasty, it gradually took root in the local culture of Guangdong, and the Gaozhou Puppet Theatre was born as a result. Under the radiant influence of Cantonese Opera, the number one theatre in Lingnan, in the western part of Guangdong, the Gaozhou Puppet Theatre has been passed down through the generations, and has used the Cantonese Opera cantata, an element of Cantonese Opera that is the essence of the art, in its unique puppetry accent. Nowadays, when many "non-heritage" cultures are facing difficulties in inheritance and development, it is especially crucial for the puppet theatre of Gaozhou to be able to use the elements of Cantonese Opera's singing in the new era, so as to make Gaozhou Puppet Theatre a new life and make the public appreciate the art again by incorporating the elements of Cantonese Opera's singing.
The developmental dilemma of infant and toddler care is examined from a family perspective, and in-depth analyses of infant and toddler care are conducted using Family Systems Theory and Cultural Capital Theory,which are essential to the holistic development of children, the balance between family and work, and the sustainable development of society and the economy.The developmental dilemmas of infant and toddler care are discussed in depth from the family perspective, and solutions are proposed accordingly. By applying family systems theory and cultural capital theory to analyze the root causes and influencing factors of the problem, it provides useful thoughts and suggestions for improving infant and toddler care practices.
With fresh bitter melon and green tea as main ingredients, xylitol, sucrose and citric acid as auxiliary ingredients, a new cool health tea beverage was developed. The optimum formula of low sugar bitter melon green tea compound beverage was developed by single factor experiment and orthogonal test based on sensory evaluation. The results showed that the optimum formula was as follows: Bitter melon juice was added at 7%, green tea extract was added at 20%, total xylitol and sucrose was 6% (mass ratio 1:1), citric acid was added at 0.2%, and the volume was fixed to 100% with deionized water. The product has light green color, harmonious aroma, moderate acidity and sweetness, and clear texture. The aftertaste is long, with tea polyphenol content of 342 mg/kg, soluble solids of 5.2% and pH 5.8.
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