Motor car financing LTV cap is lower to 60%, whilst gold-backed lending LTV limit was reduced to 70%. Sri Lanka’s tighter restrictions on vehicle and gold-backed lending will benefit the risk profile …
Sri Lanka cuts vehicle and gold loan caps to strengthen lender buffers
Motor car financing LTV cap is lower to 60%, whilst gold-backed lending LTV limit was reduced to 70%. Sri Lanka’s tighter restrictions on vehicle and gold-backed lending will benefit the risk profile …
Sri Lanka receives further IMF loan installments and demands for escalating austerity
To impose the brutal measures demanded by the IMF, Sri Lanka’s government, backed by every section of the ruling elite, is preparing autocratic forms of rule.
Fitch says Sri Lanka’s tighter lending rules to strengthen finance companies’ risk buffers
Sri Lanka’s tighter rules on vehicle and gold-backed lending will improve lenders’ risk profiles, especially those of finance companies, Fitch Ratings said in a statement on Thursday. The Central Bank …
India’s Once-Thriving Island Vacation Haven With Lovely Beaches Is Now An Abandoned Ghost Town
Once connected to Sri Lanka by rail and sea, this abandoned coastal destination now attracts travelers with beaches, dunes, and ghost town ruins.
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
By Uditha Jayasinghe COLOMBO, May 26 (Reuters) – Sri Lanka’s central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in three years, and …
Sri Lankans turn to renovating old homes as building costs soar
A dramatic shift is underway in Sri Lanka’s real estate sector as investors and homebuyers increasingly opt to purchase lands with existing structures for renovation, stepping away from ground-up …
Conservation now a business imperative, WNPS tells corporate sector
Environmental crises in Sri Lanka are no longer merely conservation issues but constitute an economic and corporate survival challenge that directly threatens the country’s water security, agriculture …
Sri Lankan–German Business Forum 2026 kicks off on Wednesday
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) with the support of the German Embassy in Colombo will host the Sri Lankan–German Business Forum 2026 from 27 to 29 May 2026 …
Sri Lankan-German Business Forum 2026 to strengthen trusted partnerships and unlock investment opportunities
The Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) with the support of the German Embassy in Colombo will host Sri Lankan-German Business Forum 2026 from May 27 to 29, 2026, …