Hutch cliQ now on 4G
Hutch Telecommunications, Sri Lanka’s preferred choice for mobile broadband services has enhanced its popular cliQ app enabling all its 078 & 072 subscribers to enjoy unlimited Internet experience on its…
Verité Research launches first phase of a new public finance platform
Verité Research has launched the first phase of publicfinance.lk, an online platform that will eventually be a one-stop-shop for all public finance related information in Sri Lanka. The beta version…
ETI had not followed proper procedures from the start: Inquiring Committee
The inquiring committee appointed to investigate alleged irregularities in the ETI Investments met with President Gotabaya Rajapaksa at the Presidential Secretariat today (June 11). The Committee informed the President that…
The Finance Houses Association of Sri Lanka condemns the murder of Three Wheel Association Chairman Late Sunil Jayawardena
The Finance Houses Association of Sri Lanka (FHA) in its capacity as the apex association of 41 Registered licensed Finance companies of Sri Lanka, deeply condemns the alleged murder of…
Fitch Ratings: Pace of Coronavirus-Related Downgrades Easing for APAC Corps
Fitch Ratings has downgraded the ratings of 28 corporates in Asia Pacific (APAC), and made negative revisions to the rating outlook or watch for a further 32 corporates, driven by…
CB to increase refinance facility to 150 mn to assist COVID-19 affected SMEs
The cabinet of ministers approved a proposal presented by President Gotabaya Rajapaksa to increase the refinancing facility of the Central Bank as part of assisting the economic recovery of small…
IFC provides $50 million support to Sri Lanka’s Commercial Bank to boost SMEs
IFC, a member of the World Bank Group, is providing a $50 million loan to Commercial Bank of Ceylon (ComBank), Sri Lanka’s largest private bank, to help small and medium…
Technical Assistance grant of Euro 11 mn from the Government of Germany
An agreement was signed by the Government of Sri Lanka with the Government of Germany today to obtain a technical assistance grant of Euro 11 million to implement the following…
‘HATCHX’ SRI LANKA’S FIRST VIRTUAL FINTECH ACCELERATOR
Despite the volatile condition in the country and the world due to the pandemic, Sri Lanka’s first fintech accelerator program launched virtually on April 23rd 2020. This is also the…