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Sri Lanka’s SME Business sentiment remains pessimistic in June

Business sentiment among  Sri Lanka’s small and medium-sized enterprises (SMEs) remained pessimistic with an overall score of 36.3 out of 100, ‘SME pulse’ survey conducted by Sri [email protected] SME pulse computes…

United States Provides $75 million to NDB Bank to Strengthen Sri Lankan Small and Medium Businesses

The United States is providing a welcome boost to Small and Medium Enterprises (SME) in Sri Lanka struggling with the impact of the pandemic.  The U.S. International Development Finance Corporation…

Sri [email protected], with U.S. Support, Hosts Exponential Growth Webinar

Sri [email protected], with support from the United States, hosted a public webinar featuring Paul D. Roberts, an expert in methods for companies and entrepreneurs to leverage evolving technologies such as artificial…

Sri Lanka’s Banking Sector’s MSME Lending Portfolio Among Weakest in Asia-Pacific

Despite much hype, Sri Lanka’s banking sector’s to Micro, Small and Medium-sized Enterprises (MSMEs) lending portofolio is one of the poorest in the Asia-Pacific region in terms of loan disbursements…

Cracking the Code of Financial Inclusion in Sri Lanka

By Savani Jayasooriya The refreshing taste of thambili, otherwise known as king coconut, is a preferred beverage for many Sri Lankans. Roadside stalls laden with thambili, like one owned by…

United States kick-off $20M Project to Support Small Businesses and empower Female Participation in Sri Lanka’s Labor Force

The United States launched a new Rs3.6 billion ($ 19.5  million) initiative to help small businesses and economically empower Sri Lankan women. The Private Sector Development Project, which is funded through…