LANKA QR transactions double in 2023
The number of transactions performed through LANKA QR nearly doubled in 2023 while the value of these transactions grew by 71.3% to Rs.3.4 billion. In 2023, LANKA QR facilitated 1,141,000 transactions…
Dr. Gehan Gunatilleke Appointed to Janashakthi Life Board
Janashakthi Insurance PLC, a member of the Janashakthi Group, announces the appointment of Dr. Gehan Gunatilleke as an Independent, Non-Executive Director to the Company’s Board of Directors, effective from 24th…
First Capital Reports Impressive Financial Performance with Profits Soaring to Rs. 2.81 Billion
First Capital Holdings PLC (the Group) announces its outstanding financial performance for the first quarter ended June 30, 2023. The Group reported an impressive Profit after Tax of Rs. 2.81…
First Capital Retains Crown as the Most Valuable Consumer Brand in the Investment Banking Sector – Brand Finance Rankings 2023
First Capital, the pioneering investment institution in Sri Lanka, is delighted to announce its triumph as the ‘Most Valuable Consumer Brand in the Investment Banking Sector,’ featured in the esteemed…
Debunking a crypto myth: Is crypto really bad for the environment?
The environmental impact of cryptocurrencies has been a widely-discussed topic in recent years, with many believing that the underlying technology is inherently bad for the environment – notably, the process…
Gulf Binance granted digital asset operator licenses in Thailand
Gulf Binance Co., Ltd., (“Gulf Binance”), a joint venture between Binance and Gulf Innova Co., Ltd. (“Gulf”) has been granted digital asset operator licenses by the Thailand Ministry of Finance…
Regulatory Harmonization to Drive Crypto Adoption
By Leon Foong, Head of APAC, Binance The events in 2022 served to remind us of the importance of regulatory compliance when it comes to protecting users and maximizing user…
FinTech App Penetration in SEA to reach 84% in 2023
Fintech apps have increased their rate of penetration in Southeast Asia by 3.3 times over the last five years. In 2023, it is to grow by another 2 p.p. ,…
Binance’s Predictions for the Year 2023, the Year of the Rabbit
The year 2023 is the year of the Rabbit according to the Chinese Zodiac Calendar. The rabbit is known to be the harbinger of good luck and fortune, so there’s…
Sri Lanka’s oldest NBFI – Alliance Finance delivers a robust performance despite challenging economic conditions
Alliance Finance Company PLC ( AFC), the First Company in South Asia to achieve the prestigious endorsement of “a holistic sustainability certified value driven financial institution” concluded the first quarter…