Growth in loan repayments in 2009:
Banking industry performs well
Hundred new branch openings in North, East:
Despite the global economic downturn the banking
industry has performed outstandingly last year. The Central Bank has
pursued strict regulation on the banking sector during the global
economic meltdown. As a result there was not much impact on the
banking sector of the country.
Rent-a-car industry geared to cater to boom
Local industry generates US$ 20 to 30 million:
The growth momentum expected in the tourist
sector would be an impetus for the rent-a-car industry development.
The peaceful environment has created growth opportunities for the
rent-a-car industry and with the realization of true potential in
the tourist sector the industry will blossom in the near future,
President of the Rent-A-Car Association Kishan Perera told Daily
SLIIT to enrol South Asian students
Student enrolment increased last year:
The Sri Lanka Institute of Information
Technology (SLIIT) has planned to enrol students from India,
Bangladesh and Maldives. Initially the students will be from the
region according to proximity and then SLIIT will cater countries
such as Pakistan and the Middle East in the next phase, Sri Lanka
Institute of Information Technology (SLIIT), President/CEO, Prof.
Lalith B. Gamage told the Daily News Business.