NBA now allows Players to use Cannabis, removing Random Drug Testing for THC
April 3, 2023 Rachel Abela. The NBA made headlines when it was announced that the association would eliminate its ban ...
Tag: general
Samsung shipped 1.38 billion Smartphones in five years, 30% more than Apple
April 2, 2023 Jastra Kranjec. The world’s two largest smartphone producers, Apple and Samsung, have been battling for their share ...
Shopify, OnlyFans, and BitCloud Three Top-Grossing Creator Economy Companies in 2022 with $8.7B in Combined Revenues
March 27, 2023 Jastra Kranjec. Over the past years, the creator or influencer economy has boomed, enabling individual creators, influencers, ...
Top investing apps register 100 million downloads milestone
Mar 28, 2023 Justinas Baltrusaitis The rise of investment apps has been one of the biggest trends in the financial ...
Three Crypto Firms land on the World’s Top 10 leading Fintech Unicorns list
March 30, 2023. Justinas Baltrusaitis. The fintech industry has been growing rapidly, with innovative technologies changing how financial transitions are ...
Milinda Moragoda, Sri Lanka High Commissioner as Guest at the G20 Space Economy Leaders Meeting in India
India assumed the G20 Presidency in December 2022 and will host the next G20 Summit to be held in September ...
President Inspects Locally Fabricated Combat All-Terrain Vehicles to Counter Illegal Activities along Coastal areas
The Sri Lanka Navy Marine Corps presented three special Combat All-Terrain Vehicles (CATVs) to President Ranil Wickremesinghe at the Presidential ...
China to Boost Investment Opportunities in Sri Lanka
Chairman of the CZK Huarui International Economy and Trade Development (Beijing) and The Vice Chairman of the Board of Directors ...
Pathfinder Foundation Proposes a Medium and Long-term Strategy for the Economic Transformation of Sri Lanka with Indo-Japanese Collaboration
The Official Launch of the Report on “A Medium and Long-term Strategy for Indo-Japanese Collaboration to Support the Economic Transformation ...
Total Number of Content Creators jumped to over 200M in 2022, 53% make less than $100 a year
April 2, 2023, Jastra Kranjec. Over the years, the creator or influencer economy has skyrocketed, enabling individual creators, influencers, podcasters, ...
Is the World in a Debt Spiral?
From the World Economic Forum comes concerns about rising interest rates, the strengthening of the US dollar, weaker global growth, ...
World Economic Forum: Crisis of Democratic Capitalism
The complexities of democratic capitalism, while stimulating prosperity and political and economic freedom, have exposed the dichotomous relationship of a ...
ESQR Award Received by People’s Leasing Presented to the President
Pradeep Amirthanayagam, Chairman of People’s Leasing & Finance presenting the ESQR award to President Ranil Wickremesinghe in the presence of ...
Over 50% of digital payments could be conducted through secure closed-loop transactions by 2030
March 3, 2023. Elizabeth Kerr Digital payments have become an integral part of our daily lives. In the last few ...
Mobile Phones made 59% of total web traffic last year, almost 10% more than in 2021
March 5, 2023. Jastra Kranjec. Mobile internet traffic has almost doubled in the last eight years, with close to two-thirds ...
Cybercrime the biggest risk to businesses in 2023, ahead of supply issues and inflation
March 8, 2023. Jastra Kranjec. For years, cybercrime has been one of the biggest risks to businesses, compromising sensitive data ...
Five surprising countries that produce the best weed in the world
Discover the countries that, surprisingly, have some of the best weed in the world. March 8, 2023. Melissa Jaramillo. When ...
Digital banking app downloads surged 54% in 2022 exceeding 26 million
March 14, 2023. Justinas Baltrusaitis. In recent years, digital banks have rapidly emerged as disruptive players in the financial industry, ...
People’s Leasing closes the Third Quarter of the Financial Year 2022/23 on a commendable note
With a notable quarterly profit of 959 million rupees for the third quarter of the financial year 2022/23, People’s Leasing ...
Over 2.85 billion people to use online food delivery in 2023, revenues to jump by 20% YoY to $910B
February 27, 2023. Jastra Kranjec. The swelling food costs have become a major problem for consumers worldwide. With Food Prices ...
People’s Bank continues to demonstrate its resilience
People’s Bank announced the results for its year ended December 31, 2022, with total consolidated gross revenues, total operating income, ...
Over $50 billion outflows from world’s largest investment companies in 2023
March 16, 2023. Justinas Baltrusaitis. For several months, the global economy has been grappling with the threat of recession, with ...
$100 billion leaves 5 largest U.S. banks’ market cap in 2023 as Bitcoin adds $200 billion
March 21, 2023. Justinas Baltrusaitis. With the United States banking crisis claiming several casualties, the situation’s impact has spread over ...
Crypto remittance boasts a 127 times lower price tag than traditional methods
March 20, 2023. Edith Muthoni. Sending money abroad has traditionally been expensive and time-consuming. Fees, exchange rates, and other costs ...
ComBank Group consistent with solid topline growth in 2022
The Commercial Bank of Ceylon Group ended 2022 with a solid operational performance, having navigated the perfect storm with a ...
Nike grossed $78.3B from apparel sales in the last six years, almost as Adidas and Puma combined
March 22, 2023 Jastra Kranjec. As one of the largest and most recognizable brands on the planet, Nike holds the ...
Zomato beats Uber Eats as the most popular food delivery app in 2022 with 55 million downloads worldwide
March 20, 2023. Jastra Kranjec. The food delivery market has snowballed over the past five years, led by food delivery ...
China’s Next Chapter
(L–R): Marcos Troyjo, President, New Development Bank (NDB); Jane Sun, Chief Executive Officer, Trip.com Group; Nicolas Aguzin, Chief Executive Officer, ...
Saudi Arabia’s Transformation in a Changing Global Context
(L–R): Frederick Kempe, President and Chief Executive Officer, The Atlantic Council; Kristalina Georgieva, Managing Director, International Monetary Fund (IMF); Mohammed ...
Ceylinco General Insurance and SLT-MOBITEL join hands to offer a unique Insurance Cover
(L–R): Chandika Vitharana, CEO, Mobitel; Janaka Abeysinghe, CEO, SLT Group; Lalith Seneviratne, Executive Director/Group CEO, SLT; Rohan Fernando, Chairman, SLT ...
