Category: Other News
VIDEO: Mastercard banned from issuing new cards in India
India’s central bank has banned Mastercard from issuing new cards in the country due to violation of data storage rules. Mastercard accounted for 33% of card payments in India in 2020 However, the Reserve Bank of India said the firm has had considerable time and adequate opportunities to comply with the data storage rules from […]
‘s First Fully Crewed Spaceflight
Virgin Galactic’s first fully crewed spaceflight with two pilots and four mission specialists including Sir Richard Branson.
VIDEO: Why Federal Reserve System of United States Is Considering a Digital Dollar
The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It’s considering digitizing the U.S. dollar, giving people money they can access on their phone and bypassing electronic payments that can be slow and costly for businesses.
Post-Pandemic future; jobs in the pharma industry are evolving
By Sri Lanka Chamber of the Pharmaceutical Industry Pharmaceutical companies are witnessing changes in operations across the board, and events brought about by the pandemic have compelled pharmaceutical companies to reimagine the role of its medical pharmaceutical representatives, to better adapt to the new rules of engagement. In Sri Lanka, there are currently over 3500 […]
India, Sri Lanka agree to co-operate on common regional issues
Foreign Minister Dinesh Gunawardena, in a telephone conversation held yesterday (21 June) with the Indian External Affairs Minister said that the steps that both countries have taken so far to enhance bilateral relations between Sri Lanka and India have been fruitful. Foreign Minister Gunawardena thanked the Indian External Affairs Minister for the financial assistance and […]
VIDEO: How does the hawala system work?
Governments are trying to cripple Islamic State finances. A hard task because it uses an ancient payment system known as hawala. It’s illegal in many countries but actually widespread.Here’s just one example of how it works in every-day business.
YouTube releases its own version of Tik Tok, YouTube Shorts
YouTube Shorts give you a new way to watch, discover and create short content using nothing but your phone. We’ll walk you through what Shorts are, why you should use them, how to create a Short, and some best practices for using them.
‘s Energy Consumption Problem
South African-born American entrepreneur, Elon Musk recently expressed concerns about the environmental cost of Bitcoin. “Cryptocurrency is a good idea on many levels,” read a statement shared on his Twitter feed. “We believe it has a promising future – but this cannot come at great cost to the environment.” So how bad is Bitcoin for […]
Opinion: Moving business and human rights agenda forward in SL in crisis times
By Myanthi Peiris, Business and Human Rights Specialist, UNDP Sri Lanka The COVID-19 pandemic brought about unprecedented social and economic challenges, and behind staggering data of contracting economies, people’s lives and livelihoods are on the line. According to the World Bank, in Sri Lanka over 500,000 people are expected to have fallen into poverty as […]
VIDEO: Are Swiss banks in trouble?
A global clampdown on tax evasion, led by U.S. law authorities, has transformed the banking industry in Switzerland. Without its famed reputation for secrecy, wealthy foreigners no longer see it as a haven to hide their money. So how have Swiss banks adapted?
VIDEO: German researchers claimed to have found cause of blood clotting events
German researchers on Wednesday said that based on laboratory research they have found the cause of rare but serious blood clotting events among some people who have received COVID-19 vaccine made by AstraZeneca and Johnson & Johnson.
VIDEO: We Must Stand With Those Palestinians & Israelis Working To Build A Future Of Equality
“To understand this war, we must understand what the Palestinian people have been enduring under blockade and occupation. I believe we must stand in solidarity with those Palestinians and Israelis working to build a future of equality and peaceful coexistence.” – Bernie Sanders