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Category: Economy

Debunking a crypto myth: Is crypto really bad for the environment?
Economy

Debunking a crypto myth: Is crypto really bad for the environment?

AuthorJune 7, 2023

The environmental impact of cryptocurrencies has been a widely-discussed topic in recent years, with many believing that the underlying technology…

First Capital Holdings PLC delivers Extraordinary Financial Performance, setting a New Benchmark in its Four-Decade Legacy.
Economy

First Capital Holdings PLC delivers Extraordinary Financial Performance, setting a New Benchmark in its Four-Decade Legacy.

AuthorMay 29, 2023

First Capital Holdings PLC (the Group), a member of the Janashakthi Group, announces its impressive financial results, and a remarkable…

Binance Renews Commitment to Support Women in Tech
Business, Economy

Binance Renews Commitment to Support Women in Tech

AuthorMarch 10, 2023March 10, 2023

With an increased focus on women-focused education, mentorship and scholarships, crypto exchange aims to level its industry’s gender gap Ahead…

Binance Academy Reinforces its Commitment to Increasing Crypto Literacy
Economy

Binance Academy Reinforces its Commitment to Increasing Crypto Literacy

AuthorMarch 7, 2023March 7, 2023

Unique views on the Binance Academy website increased by 204% in 2022. Changpeng Zhao or CZ, CEO and Founder of…

Binance’s Predictions for the Year 2023, the Year of the Rabbit
Economy

Binance’s Predictions for the Year 2023, the Year of the Rabbit

AuthorJanuary 27, 2023January 27, 2023

The year 2023 is the year of the Rabbit according to the Chinese Zodiac Calendar. The rabbit is known to…

Sri Lanka’s oldest NBFI – Alliance Finance delivers a robust performance despite challenging economic conditions
Economy

Sri Lanka’s oldest NBFI – Alliance Finance delivers a robust performance despite challenging economic conditions

AuthorSeptember 6, 2022September 6, 2022

Alliance Finance Company PLC ( AFC), the First Company in South Asia to achieve the prestigious endorsement of “a holistic…

Simplebooks Outlines the Step-by-Step Guided Process in Initiating FDIs in Sri Lanka
Economy, Investments, Opinion

Simplebooks Outlines the Step-by-Step Guided Process in Initiating FDIs in Sri Lanka

AuthorMay 2, 2021May 2, 2021

As a leading private business registration firm in Sri Lanka, Simplebooks has assisted countless companies to set up and grow…

Banking Sector Lending Rates Hints a Comeback While Deposit Rates Continues to Fall
Banking and Insurance, Business, Economy, Finance and Leasing, Investments

Banking Sector Lending Rates Hints a Comeback While Deposit Rates Continues to Fall

AuthorMay 2, 2021May 2, 2021

Sri Lanka’s banking sector’s Average Weighted Prime Lending Rate (AWPR) reached a new monthly high of 5.86 percent at-end April…

Fintech can drive a strong post-COVID-19 recovery in Asia
Banking and Insurance, Economy

Fintech can drive a strong post-COVID-19 recovery in Asia

AuthorJanuary 21, 2021January 21, 2021

By Bambang Susantono The pandemic has highlighted the power of digital technology. Now is the time to harness this power for…

Sri Lanka end 2020 with $5.7 billion in FX Reserves
Economy

Sri Lanka end 2020 with $5.7 billion in FX Reserves

AuthorJanuary 19, 2021January 19, 2021

The Central Bank (CB) estimated the country’s foreign reserves st $5.7 at the end of 2020, with an import cover…

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