Local News
Central Bank Imposes Stricter Loan-to-Value Limits on Vehicle Financing.
May 25, 2026 at 6:01 AM
The Central Bank of Sri Lanka has tightened Loan-to-Value (LTV) ratios for vehicle financing, effective May 25, 2026, to mitigate systemic financial risks and manage rapid credit expansion.
Technology
Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion.
April 30, 2026 at 8:07 PM
Rivian has reduced its Department of Energy loan from $6.6 billion to $4.5 billion while expanding the capacity of its Georgia manufacturing plant by 50% to accommodate R2 SUV and robotaxi production.






