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Iran Goes on Gold Shopping Spree as Global Dedollarization Trend Accelerates

Facing decades of sanctions pressure, the Islamic Republic is no stranger to financial and trade mechanisms which can sidestep the dollar and Western-dominated financial institutions. In the past two months, the nation made two giant steps toward an alternative financial world order, joining the Shanghai Cooperation Organization and BRICS.

The Future of Money: Role of emerging technologies and new business models

Some 55 years ago, innovation trends in the banking sector and the use of money fueled general speculations about the future of money. In a comment on the raging speculations at the time, Jack Lefler in the July 24, 1968 edition of the Las Cruces Sun-News (Las Cruces, NM) noted…

Heshani Kaumadi named HR Business Leader of the Year

Heshani Kaumadi, Co-Founder and Chief Executive Officer of InTalent Asia, recently took home the ‘HR Business Leader of the Year 2022’ award at the recently held CEO Awards 2022. The CEO Awards is a platform created to recognise top performing leaders and achievers in 12 categories, designed to acknowledge business leaders and executives in Sri […]

Economic analyst urges for legal framework to help boost network marketing

Direct selling or network marketing could be used as a device to eliminate poverty in Sri Lanka, however, it is a matter of regret that the lack of proper legal provisions for such marketing methods in Sri Lanka and the lack of proper gazettes to regulate these have hindered the trend of the country’s economy, […]

More statutory powers for BOI, assures Dilum Amunugama

In a bid to further facilitate investors through speedy approvals for investment projects, thereby easing the ease of doing business, the Board of Investment of Sri Lanka (BOI) will be granted more powers in the future, Investment Promotion State Minister Dilum Amunugama stated. He stressed that the new powers would see investors being given more […]

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