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Continuous training, the best answer:
Retrenching staff will have negative impact - EFC DG
Continuous staff training is the best answer for
companies during recession. This will enhance productivity and when
the recession ends they will pick up and make the right balance,
Director General, Employers Federation of Ceylon (EFC) Ravi Peiris
told Daily News Business.
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AFD credit facilities for private sector too
The French Development Agency (AFD) has decided
to provide credit facilities to the private sector as well. The AFD
in Sri Lanka has funded several government sector projects for over
12 years.
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Thirty-six percent growth in deposits, 32 percent
growth in advances:
SANASA Development Bank surpasses Rs. 300 m pre tax profit in
2008
SANASA Development Bank had performed well in
the year ending December 31, 2008 registering a pre tax profit of Rs.
303 million compared to Rs. 161 million last year, a growth of 88
percent.
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