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Tremendous growth in Northern banking sector :
Access to credit, key to development - CB Governor
Central Bank Governor, Ajith Nivard Cabraal said that access to
credit is a key factor for development. Banks should be set up in
the Northern province as soon as possible and credit provided to the
public to continue their regular activities. There is tremendous
growth in the banking sector and the interest shown by the banks to
set up branches in the Northern province is also commendable.
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Uncertainties remain:
Asia-Pacific leads global recovery - UN
While the Asia-Pacific region is leading the global economic
recovery, with the growth rate in 2010 forecast at 6.3 percent the
highest in the world, considerable uncertainties remain about the
extent and durability of the recovery, said a key United Nations
report.
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Tri-hull fishing boats to be exported:
Cey-Nor boats to step up fish production
The fish harvest can be improved by introducing quality products for
the industry Cey-Nor Foundation Ltd., Chairman, Diyanath Rohan
Jayasinghe told Daily News Business. He said that Cey-Nor Foundation
Ltd., is in the process of producing quality products such as nylon
fishing nets and particularly fibre-glass boats to make the industry
more vibrant and increase production.
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