Month: June 2022

EXPLAINER: WHY CHINA’S YUAN IS WEAK AND MAY GET EVEN WEAKER

Asia Financial - June 21, 2022 China’s yuan is this year facing the most sustained depreciation pressure since 2015, when a shock devaluation triggered a global stock market rout. Like back then, China is in a…

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SRI LANKAN PRIME MINISTER: ISLAND’S ECONOMY ‘HAS COLLAPSED’

AP News - June 23 2022 Sri Lanka’s debt-laden economy has “collapsed” after months of shortages of food, fuel and electricity, the prime minister told lawmakers Wednesday in comments that underscored the country’s dire situation…

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DIAMOND BEST FOODS

Roza Pasta Makes Gourmet Meals at Home So Much Easier Diamond Best Foods Introduces Innovative Jumbo Shell Pasta Colombo, Tuesday 17th April 2022: Nothing brings people together like food does. And when you want to…

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AIR INDIA PREPARES ONE OF THE LARGEST AIRCRAFT DEALS IN AVIATION HISTORY

Business Standard - June 20, 2022 Air India Ltd. is considering ordering as many as 300 narrowbody jets, according to people familiar with the matter, in what could be one of the largest orders in commercial aviation…

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CA SRI LANKA

CA Sri Lanka launches landmark Non-Financial Reporting Guideline to promote non-financial reporting practices among companies 22nd June 2022: In its standing as the sole authority to promulgate accounting and auditing standards in the country, the…

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SAIL LANKA CHARTER

Sail Lanka Charter Launches Six-Night Cruise in Eastern Waters Whale and dolphin watching in the eastern seas Fishing, swimming and snorkeling Star-class comfort A six-night cruise in the seas off eastern Sri Lanka is proving…

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80% OF ECONOMISTS SEE ‘STAGFLATION’ AS A LONG-TERM RISK. WHAT IT IS AND HOW TO PREPARE FOR IT

CNBC - June 21 2022 Stagflation is a term coined in the 1970s to refer to a combination of high inflation and high unemployment. Recent surveys show economists and fund managers see increased risks of stagflation on…

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CIMA

New CIMA President urges accounting profession to step forward and build trust, opportunity and prosperity First-ever Asian woman elected as CIMA President and Co-Chair of the Association of International Certified Professional Accountants 22 June 2022,…

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THE FORUM CORRUPTION AWARENESS This week on LMDtv Fazmina Imamudeen speaks with the Founder and Chairman of the Lanka Impact Investing Network (LIIN), Chandula Abeywickrema. #LMDtv #TheForum #TalkShow #TheVoiceOfBusiness #SriLankanCrisis #TISL #CorruptionAwareness #CorruptionPerceptionIndex #aragalaya #ZeroToleranceForCorruption…

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MASTERCARD

Mastercard collaborates with Scybers to address fast-changing risk landscape Scybers to market and sell Mastercard’s RiskRecon and enable organizations to pre-empt and mitigate cyber threats 22 June 2022, Colombo: Mastercard, today announced a strategic partnership with…

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