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Economy

Nigeria Secures First Credit Rating Upgrade in Over a Decade.

May 15, 2026 at 8:37 PM

S&P Global Ratings has upgraded Nigeria's credit rating for the first time since 2012, moving it to B, driven by increased oil production and exchange rate liberalization.

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Nigeria Secures First Credit Rating Upgrade in Over a Decade
Image Credit : nature.com
Finance
Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors
Image Source : financesone.worldbank.org

Sri Lanka’s Sustainable Finance Sector Earns Prestigious International Honors.

May 14, 2026 at 4:33 AM
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Local News
People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy
Image Source : sundaytimes.lk

People’s Bank Spearheads Digital Payment Revolution to Advance Cash-Lite Economy.

May 10, 2026 at 12:01 AM
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Local News
Bridging the Financial Gap: Why Sri Lanka’s Micro-Enterprises Remain Excluded
Image Source : lastmileexperts.com

Bridging the Financial Gap: Why Sri Lanka’s Micro-Enterprises Remain Excluded.

May 9, 2026 at 7:25 PM
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Finance•
May 8, 2026 at 7:24 PM

Modern Financial Markets Exhibit Higher Discipline Compared to the 1990s Era.

PIMCO's Lotfi Karoui argues that today's financial markets are significantly more disciplined and resilient than they were during the 1990s, offering a comparative perspective on current cross-asset credit dynamics.

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Local News

Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds.

April 30, 2026 at 10:49 AM

Sri Lanka's active credit card base expanded in February 2026, reaching over 2.19 million cards. The data reflects a stable retail credit environment with steady consumer demand for globally accepted payment methods.

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Steady Growth in Sri Lanka's Credit Card Usage as Consumer Confidence Holds
Image Credit : globalceomag.com
Business

LB Finance Secures $15 Million Funding Boost from Swiss Impact Investor.

Sri Lanka’s LB Finance has finalized a $15 million senior debt facility with Switzerland-based Enabling Qapital to boost MSME lending and promote financial inclusion across the nation.

April 28, 2026 at 11:31 PM
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Local News

Sri Lanka’s CRIB Unveils AI-Driven Digital Credit Rating System.

The Credit Information Bureau of Sri Lanka (CRIB), in collaboration with the Lanka Rating Agency (LRA), has initiated a soft launch for an innovative AI-powered Digital Dynamic Credit Ratings (DDCR) model to enhance credit assessment precision.

April 27, 2026 at 8:33 PM
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Technology

Evolution of Finance: How Human Intelligence Complements AI in Modern Business.

As AI automates routine tasks, finance professionals are shifting toward strategic, data-driven leadership roles, with a focus on human judgment, ethical reasoning, and critical analysis.

April 26, 2026 at 11:32 PM
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Technology•
April 24, 2026 at 4:56 PM

Wall Street Shows Caution as Oracle-Linked Data Center Debt Seeks Investors.

Financial institutions are facing challenges in offloading $14 billion in debt tied to Oracle-supported data center projects as investors demand higher yields amid concerns over risk appetite.

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Finance

JPMorgan Strengthens Leadership with 135 Promotions in Global Banking and Markets.

April 23, 2026 at 9:40 PM

JPMorgan Chase has announced the promotion of 135 executives to the rank of managing director within its global banking and markets divisions, marking an increase from the previous year's figures amid rising net income.

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Technology
The Future of Finance: How AI Agents are Transforming Workflows
Image Source : 9to5mac.com

The Future of Finance: How AI Agents are Transforming Workflows.

April 21, 2026 at 10:26 AM
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Economy

Bangladesh Banking Crisis: DCCI Highlights Paradox of Excess Liquidity and Credit Drought.

The Dhaka Chamber of Commerce & Industry (DCCI) has warned that despite banks holding record excess liquidity, the private sector, particularly SMEs, is struggling to access credit. Experts call for urgent structural reforms and improved data accuracy to resolve this economic bottleneck.

April 21, 2026 at 9:07 AM
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Technology
Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure
Image Source : forbes.com

Oracle Secures Massive $38 Billion Financing to Supercharge AI Infrastructure.

April 21, 2026 at 1:18 AM
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Business•
April 20, 2026 at 9:51 PM

Evolving Finance Roles: How CGMA Qualifications Prepare Professionals for the AI Era.

Venkat Ramanan, Vice President of AICPA and CIMA for Asia Pacific, explains how the CGMA qualification is shifting from traditional accounting to cultivating 'T-shaped' professionals equipped for AI, strategic leadership, and long-term value creation.

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Finance

Navigating Financial Volatility: The Evolution of Risk Management in 2026.

April 20, 2026 at 4:11 AM

An exploration of modern financial risk management strategies, emphasizing the transition from periodic reviews to real-time analytics, automation, and data-driven decision-making for banks and financial institutions.

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Navigating Financial Volatility: The Evolution of Risk Management in 2026
Image Credit : occ.gov
Local News

Bridging the Gap: How Sri Lanka is Shifting from Cash to Digital Payments.

Sri Lanka is focusing on behavioral shifts to move away from cash, with the Fintech Forum and global payment networks like UnionPay playing a pivotal role in promoting digital payment adoption.

April 20, 2026 at 2:37 AM
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Local News
People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026
Image Source : island.lk

People’s Bank Secures Major Recognition at Best Management Practices Company Awards 2026.

April 19, 2026 at 7:16 PM
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Local News

Sri Lanka Strengthens Financial Governance with New Debt Management Office.

Sri Lanka has established the Public Debt Management Office (PDMO) as an independent body to oversee national debt, achieving a significant milestone in fiscal reform and international credit credibility.

April 18, 2026 at 6:50 AM
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Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations
Image Source : fitchratings.com
Global Finance•
April 16, 2026 at 6:03 PM

Global Debt Relief: Private Creditors Adopt Payment Pauses for Distressed Nations.

Private bondholders are increasingly embracing debt-service suspension mechanisms to provide liquidity relief to emerging markets facing severe fiscal distress, a shift necessitated by rising global interest rates and restricted market access.

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