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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…

Sri Lanka’s mobile internet speeds yet to rebound to pre-pandemic levels

Sri Lanka’s mobile internet speeds are yet to rebound to pre-pandemic levels while, while Fixed Broadband speeds improved in March surpassing the pre-pandemic levels, according to Ookla’s latest Speedtest Global…

The government to call proposals to build a multi-storied car park in Otter Club premises

The government has decided to build multi-storied car parks with housing and office units in the recently acquired Otter Aquatic Club premises and three other locations in Colombo City, the…

Hutch is among the world’s top 30 “most improved” mobile operators

Sri Lanka’s Hutchison Telecommunications (Hutch) among the world’s top 30 “most improved” mobile operators in terms of Upload Speed Experience and fourth generation (4G) availability, according to a report by…