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Local News

Sri Lanka’s Collateral-Free Loan Scheme: Key Details for SME Entrepreneurs.

May 12, 2026 at 5:03 AM

Deputy Minister Chathuranga Abeysinghe clarifies the government's collateral-free loan program for SMEs, highlighting that no political influence is needed and eligibility depends on business viability.

9 sources

Sri Lanka’s Collateral-Free Loan Scheme: Key Details for SME Entrepreneurs

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Economy

Sri Lankan Savers Face Financial Squeeze Amid Declining Interest Rates.

As Sri Lanka's lending rates decline due to improved banking liquidity, fixed-income earners and retirees face reduced interest income, creating a widening economic divide.

April 27, 2026 at 1:30 AM

7 sources

Finance

Image Source : lankabusinessnews.com

Seylan Bank Launches Interest-Free Salary Advance Scheme for Professionals.

April 24, 2026 at 3:13 AM

15 sources

Education

Private Lenders Capitalize as Federal Student Loan Reforms Reshape Graduate Funding.

The elimination of the federal Grad PLUS loan program has prompted private lenders like College Ave to offer new financing options, creating potential risks for students who lose federal protections.

April 23, 2026 at 4:22 PM

10 sources

The Hidden Risks of Private Student Loans: A Growing Crisis for Borrowers

Image Source : cnbc.com

United States•

April 19, 2026 at 9:12 AM

The Hidden Risks of Private Student Loans: A Growing Crisis for Borrowers.

Samantha Ferguson's struggle with $137,000 in private student debt serves as a cautionary tale as more federal borrowers may turn to private lenders following upcoming policy shifts.

17 sources

Economy

Colombia’s Government Launches Relief Measures Following Sharp Interest Rate Hike.

April 8, 2026 at 3:21 AM

The Colombian government has introduced subsidies and low-interest loans to offset the economic impact of the central bank's recent 100-basis-point interest rate increase, which the Finance Minister labeled as 'outrageous.'