Cryptocurrency Archives - China Heralder

President Wickremesinghe’s Contribution To Securing IMF Loan For Sri Lanka

Zhen Yu — Mon, 18 Dec 2023 20:44:56 +0000

Brussels (08/11 – 50) On March 20, the IMF approved a $3 billion Extended Fund Facility (EFF) to support Sri Lanka amid its economic crisis. The approval is expected to pave the way for other financial institutions to extend support to the bankrupt South Asian country. IMF program was made possible largely due to the […]

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Sri Lanka Remains in Economic Crisis, Impinges Human Rights

Lei Mei — Thu, 14 Dec 2023 03:49:57 +0000

London (15/11 – 67) The streets in Colombo, Sri Lanka, erupted into celebration on July 13, 2022 after weeks of peaceful protests forced then-President Gotabaya Rajapaksa to flee the country. Rajapaksa, long implicated in war crimes when he was defense secretary, had presided over an economic catastrophe amid allegations of widespread corruption and impunity. But a year later, despite […]

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Hong Kong and Singapore Battle it out to be Asia’s Crypto Capital

Fen Juan — Fri, 19 May 2023 22:49:20 +0000

For example, the multi-billion dollar digital asset firm Amber Group is headquartered in Singapore but never forgot its roots in Hong Kong. In fact, in an interview with Bloomberg, Amber Group’s managing partner Annabelle Huang said the company maintained one of its biggest offices in Hong Kong. It is also preparing to apply for the city’s new […]

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