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Wednesday, 4 November 2009

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Innovative products to attract potential customers

Reduction in interest rates spurs healthy competition - Snr Economic Advisor

The reduction in interest rates by state banks has created healthy competition among the private sector local and foreign banks. The private sector banks need to introduce innovative products to attract potential customers, Senior Economic Advisor, Director Financial Services Cluster, Dr. Ranjith Bandara told Daily News Business.

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BOI investment opportunities ‘impressive’L:

Bright prospects for aerospace business in Sri Lanka - Investor

The investment opportunities offered by the Board of Investment (BOI) is impressive and the support for investors from banks is encouraging. The capabilities of Sri Lankan engineers are commendable and the workforce is loyal and competent and this is one of the main reasons to invest in Sri Lanka.

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Hand Protection sector :

Dipped Products posts strong 1H performance

Dipped Products PLC (DPL), the Hayleys Group’s globally-significant rubber glove business, has reported a turnover of Rs. 5.3 billion and a pre-tax profit of Rs 166 million for the six months ending September 30, 2009, a period characterized by a strong performance by its Hand Protection sector and losses from the Group’s Plantation business.

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A customer makes a transaction at a bank. Picture by Saliya Rupasinghe



 
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