Borrowing money

“Blended learning is what we will need in the next few days”

Sun Sep 26, 2021 12:00 AM Last update: Sun Sep 26, 2021 12:00 AM Dr Kazi Shahidullah “> Dr Kazi Shahidullah Professor Dr Kazi Shahidullah, chairman of the University Grants Commission (UGC), former chairman of the history department of the University of Dhaka and former vice-chancellor of the National University, talks to the Daily Star’s […]

Borrowing money

International Money Express, Inc. obtains new loan facility

MIAMI, June 28, 2021 (GLOBE NEWSWIRE) – International Money Express, Inc. (NASDAQ: IMXI), (“Intermex” or the “Company”), a leading money transfer service company, has announced today have finalized the refinancing of its existing secured debt by entering into a new secured term loan facility of $ 87.5 million, a revolving credit facility of $ 150 […]

Borrowing money

Sri Lanka’s latest import restrictions should be reviewed: Jayasundara

ECONOMYNEXT – Sri Lanka’s central bank’s recent 600-item import restrictions should be reviewed as they hamper the boom in exports of information technology (IT) services, said Secretary to President PB Jayasundera . Earlier this month, the central bank extended its import restrictions to items including telecommunications products, including cellphones, as the money printed mostly from […]

Borrowing money

Sri Lanka awaits stimulus package amid currency crisis – Editorial

Sri Lanka’s economy is reeling from a foreign currency crisis during pandemic economic turmoil. A long-standing dependence on imports has finally caught up to drain foreign exchange reserves, already strained by large debt repayments in the absence of US $ 5 billion in tourism and influx of sovereign bonds. Despite the apocalyptic predictions of some […]