Banking sector booms
Industry better capitalized now:
The banking sector in Sri Lanka will grow in line
with the economic growth of the country. The planned growth numbers
for the country has given impetus to the industry to be optimistic
and maintain vibrancy to take it to the next level, Union Bank
Director/ Consultant Anil Amarasuriya told the Daily News Business.
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Hotels ready for winter season
Industry targeting 600,000 tourists this year:
Hoteliers expect tremendous growth in tourist
arrivals during this winter season. They expect high earnings for
this season. Speaking to the Daily News Business Colombo City
Hotelier’s Association (CCHA) Vice President Amal Goonetilleke said
the tourism industry has shown a 50 percent growth and is one of the
fastest growing industries in the country.
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Credit info, data help enhance lending
The Credit Bureau data plays a critical role
when consumers have multiple credit facilities with different
lenders. As the Credit Bureau database matures and its Value Added
Products and Services (VAPS) could open up the scope for lenders to
use the bureau’s data more efficiently to evaluate new applications,
Dun and Bradstreet South Asia Middle East Chief Operating Officer V.
Narasimhan said.
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