The International Monetary Fund (IMF) says Sri Lanka’s expected gross domestic product could shrink 4.6% for 2020, up from 0.5% predicted earlier, though it expects the global economy to fare better. ( read original story ...)
Security Bank, Thailand’s Krungsri complete deal
Lender Security Bank Corp. has completed a deal to sell 50 percent of its consumer finance unit, SB Finance (SBF) Co., to Bank of Ayudhya, forming what is expected to become a formidable consumer ... ( read original story ...)
Japan’s Line lets Thai users bank via chat app
Japan's Line announced on Monday the launch of a "social banking" platform in Thailand that lets users access financial services through the company's popular chat app. By continuing to browse this ... ( read original story ...)
Logistics, finance, travel see most e-frauds
Logistics, financial services, travel and leisure saw the biggest increase in digital frauds since May 2020 even as these incidents declined i. ( read original story ...)
The Rush To Own India’s Bitcoin Market Is Back On
W hile the volume and scale may not be huge by current industry standards, venture capital inflows into Indian Bitcoin companies have been hard not to notice this year. Long considered an obviously ... ( read original story ...)
Taiwan Semiconductor’s Technology Dominance And Its Impact On Customers And Suppliers
TSMC dominates the semiconductor manufacturing foundry business and is expanding capex spend to further increase its lead. ( read original story ...)
EU takes action against Malta, Cyprus for ‘golden passports’
The European Commission has launched infringements procedures against Cyprus and Malta over their “golden passport” programs, in which wealthy people can acquire EU citizenship in exchange for an inve ... ( read original story ...)
Cyprus and Malta Face E.U. Punishment Over ‘Golden Passports’
The two countries have raised billions of euros by selling thousands of coveted travel documents, even in some cases granting citizenship to foreigners fleeing arrest warrants. ( read original story ...)
Socially aware startups sought for Halcyon, AWS-sponsored Bahrain Women’s Intensive
This new intensive partnership is designed specifically to support tech-oriented social enterprise startups that are founded by women and based in Bahrain,” said Kate Goodall (pictured), co-founder ... ( read original story ...)
Despite COVID, and partly because of it, Jewish-Arab business partnerships progress
The Integrated Business Roundtable, founded with the belief that the path to peace between Israelis and Palestinians will come through investment in high-quality enterprises, held its second annual ... ( read original story ...)