Explainer: How Sri Lanka spiralled into crisis

HOW DID IT COME TO THIS? Analysts say that economic mismanagement by successive governments has weakened Sri Lanka’s public finances, leaving national expenditure in excess of income and the production of tradable goods and services at inadequate levels. The problem was exacerbated by deep tax slashes enacted by the RajapaksaContinue Reading

Equinix: Businesses in Singapore adopting more aggressive IT strategies in wake of pandemic

67% IT leaders say finances have increased as being a direct outcome of outbreak69% of IT decision-makers moving to an every thing as a service (XaaS) model Businesses around the world, including Singapore, are planning major investments in digital technologies to back up ambitious expansion plans following lessons learned from the…Continue Reading

Macao shuts down casinos in race to curb COVID-19 spread

HONG KONG: Macao shut all its internet casinos for the first time in more compared to two years on Mon (Jul 11) as authorities struggle to contain the worst coronavirus break out yet in the tour’s biggest gambling centre. The city’s more than thirty casinos, along with other non-essential businessesContinue Reading