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A service for banking industry professionals · Sunday, November 3, 2024 · 757,328,618 Articles · 3+ Million Readers
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Sri Lanka Banking Industry Newswire

  • Published on Nov 1, 2024

    Viper Networks Announces Closing of Acquisition of 1stPoint Communications and Endstream Communications

    TROY, Mich., Nov. 01, 2024 (GLOBE NEWSWIRE) --  Viper Networks (OTCPK: VPER) announced today that it has closed on the acquisition of Endstream Communications, LLC, 1stPoint Communications, LLC, and all of 1stPoint’s subsidiaries effective November 1, 2024 …

    Distribution channels: Companies, Electronics Industry ...
  • Published on Nov 1, 2024

    IMF delegation here soon

    IMF Asia Pacific Department Director Dr.Krishna Srinivasan yesterday said the new Sri Lankan government has re-affirmed its commitment to the IMF programme in-terms of achieving fiscal and debt targets. He said that an IMF delegation will soon be in …

    Source: Daily News - Label Pending
  • Published on Nov 1, 2024

    RBI enhances digital payments this Deepavali season, sets ambitious UPI goals

    Daijiworld Media Network - New Delhi/Mumbai (SS) New Delhi/Mumbai, Nov 1: In a festive boost for digital payments, the Reserve Bank of India (RBI) has announced significant increases in transaction limits for UPI 123Pay and UPI Lite, aiming to …

    Source: Daijiworld News - Neutral
  • Published on Nov 1, 2024

    Reforming governance heralds system change

    What lessons could the young generation learn from these oldies who with  corrupt governance looted public wealth to create private opulence?   After reviewing the economy’s performance during the first two years of its stewardship, IMF noted that without …

    Source: Daily FT - Label Pending
  • Published on Nov 1, 2024

    People’s Bank opens Service Centre at Gampaha District Secretariat Office

      People’s Bank recently declared open a service centre at the new building of the District Secretariat Office, Gampaha. This new service centre is connected to the Gampaha branch and provides state-of-the-art digital technology and specialised services to …

    Source: Daily FT - Label Pending
  • Published on Oct 30, 2024

    VitalHub Announces Acquisition of Strata Health

    TORONTO, Oct. 30, 2024 (GLOBE NEWSWIRE) -- VitalHub Corp. (TSX: VHI) (OTCQX: VHIBF) (the “Company” or “VitalHub”) is pleased to announce that it has acquired (the “Acquisition”) Strata Health Solutions Inc. (“Strata Health”), a leading provider of patient …

    Distribution channels: Companies, Healthcare & Pharmaceuticals Industry ...
  • Published on Oct 31, 2024

    MFA website vulnerability puts credit card data at risk

    Sri Lanka’s Ministry of Foreign Affairs (MFA) website could be putting users’ credit card details at risk due to a security vulnerability. The ministry, which offers online consular services, currently processes applications via an unencrypted HTTP …

    Source: ReadMe - Neutral
  • Published on Oct 31, 2024

    Key for Food Security

    Rice price stabilisation is a major issue discussed today and the newly appointed government places the highest priority on this. This article aims to provide research-based policy solutions to this problem based on nearly 45 years of experience as a …

    Source: Daily News - Label Pending
  • Published on Oct 31, 2024

    Bangladesh Bank Governor Dr. Ahsan H. Mansur takes charge of SAARCFINANCE Network

    Bangladesh Bank Governor Dr. Ahsan H. Mansur has officially taken charge as Chairperson of the SAARCFINANCE Network, marking a significant leadership role for Bangladesh within the regional economic collaboration. Dr. Mansur assumed this position at the …

    Source: United News of Bangladesh - Label Pending
  • Published on Oct 31, 2024

    PepsiCo franchisee Varun Beverages to tap markets for Rs 7,500 cr QIP in November: Report

    Mumbai/IBNS: Billionaire Ravi Jaipuria's Varun Beverages Limited, PepsiCo's largest bottling partner in India, plans to raise up to Rs 7,500 crore through a Qualified Institutional Placement (QIP) to attract funds from institutional investors, …

    Source: India Blooms - Center-right
  • Published on Oct 30, 2024

    “Trade within global production networks expanding rapidly”

    “Global production sharing is an integral part of the global economic landscape. Trade within global production networks has been expanding more rapidly than conventional horizontal trade, said Arndt Corden Department of Economics, Crawford School of …

    Source: Daily News - Label Pending
  • Published on Oct 30, 2024

    Accelerating digital transformation to drive economic growth- President

    Sri Lanka Chamber of Commerce pledges pro bono support for economic development: New initiative launched to lower Electricity Costs: President Anura Kumara Dissanayake, during a discussion held on Tuesday (29) with representatives of the Sri Lanka Chamber …

    Source: Daily News - Label Pending
  • Published on Oct 30, 2024

    The continent where business confidence is soaring

    Business confidence has risen sharply during the past 12 months, a global survey of chief executives has revealed, with fears of an impending economic downturn easing across every continent as private equity investments and company revenues at last begin …

    Source: The CEO Magazine - Neutral
  • Published on Oct 30, 2024

    Daily UPI Transactions Will Soon Hit 1 Billion, Up From 500 Million

    In the next few months, the Reserve Bank of India (RBI) anticipates that the number of daily Unified Payments Interface (UPI) transactions will increase from the current 500 million to one billion. This prediction was presented by RBI Governor Shaktikanta …

    Source: Trak.in - Center-right
  • Published on Oct 30, 2024

    Sliding Business Confidence

    Last week the newly constituted Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) met, deliberated and then changed its stance on interest rates, from hawkish to neutral; Concluded that the trade-off between inflation and growth is on an …

    Source: The Nation - Label Pending
  • Published on Oct 30, 2024

    NIBAF, SBP officials told: Importance of export-led growth, increased productivity emphasised

    ISLAMABAD: Minister for Planning, Development and Special initiatives Ahsan Iqbal emphasised the importance of fostering export-led growth, enhancing productivity and building a global reputation for Pakistani products. “Increasing our export capacity is …

    Source: Business Recorder - Neutral
  • Published on Oct 30, 2024

    US Election Nerves Are Fueling Bets on Asian Sovereign Bonds

    (Bloomberg) -- Investors are turning to Asian sovereign bonds to ride out the US election, giving a boost to markets that have already benefited from billions of dollars of foreign inflows this year. Most Read from Bloomberg Asset managers such as Allianz …

    Source: Yahoo Finance - Label Pending
  • Published on Oct 29, 2024

    Euromoney Awards 2024 names NDB as best bank

    National Development Bank PLC (NDB) has been named Sri Lanka’s Best Bank for Corporates at the Euromoney Awards 2024, highlighting the bank’s unparalleled commitment to supporting businesses across various sectors. The Euromoney Awards are known for their …

    Source: Daily News - Label Pending
  • Published on Oct 29, 2024

    They say that Maldives is located in the "Lakshadweep Sea!"

    WHAT IS "LAKSHADWEEP"? Lakshadweep is a Union Territory of India located in the "Arabian Sea" to the west of the Indian mainland and north of the Maldives. It is part of the "Maldive Ridge" or "Laccadive-Chagos Ridge…

    Source: Ras Online - Uncategorized

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