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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.

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Local News
Central Bank Implements Stricter Loan-to-Value Caps for Vehicles and Gold Credit
Image Source : adaderana.lk

Central Bank Implements Stricter Loan-to-Value Caps for Vehicles and Gold Credit.

May 25, 2026 at 4:58 AM
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Automotive
The Vanishing Budget Vehicle: Why Finding an Affordable Car in the U.S. Is Becoming a Struggle
Image Source : epa.gov

The Vanishing Budget Vehicle: Why Finding an Affordable Car in the U.S. Is Becoming a Struggle.

May 12, 2026 at 11:09 AM
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Education
Creative Cost-Cutting: How One Student Conquered Debt by Living in a Van
Image Source : spectrumnews1.com

Creative Cost-Cutting: How One Student Conquered Debt by Living in a Van.

May 7, 2026 at 4:03 PM
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Technology•
May 4, 2026 at 8:24 AM

Autonomous Vehicle Industry Enters Era of Consolidation as Capital Flows to Top Players.

The autonomous vehicle sector is witnessing a record-breaking year for venture capital, but funding is highly concentrated among a few dominant firms like Waymo, signaling a shift toward industry maturation and consolidation.

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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.

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Rivian Adjusts Strategic Plans: Debt Financing Reduced Amidst Georgia Plant Expansion
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
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Automotive
The Resurgence of the Sedan: Why Foreign Brands are Winning the Affordability War
Image Source : cnbc.com

The Resurgence of the Sedan: Why Foreign Brands are Winning the Affordability War.

April 16, 2026 at 11:41 AM
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Education
Millions of Student Loan Borrowers Face Financial Strain Following SAVE Plan Termination
Image Source : studentloanplanner.com

Millions of Student Loan Borrowers Face Financial Strain Following SAVE Plan Termination.

April 5, 2026 at 11:07 AM
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Central Provincial Council Puts Luxury Fleet Under the Hammer
Image Source : island.lk
Local News•
April 2, 2026 at 12:06 AM

Central Provincial Council Puts Luxury Fleet Under the Hammer.

The Central Provincial Council has initiated an auction for 32 government-owned vehicles, including high-end SUVs previously used by provincial ministers, fetching bids over Rs. 40 million.

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