The International Trade Centre (ITC), has introduced FiT, a business advisory service, to serve as a catalyst for small- and medium-scale enterprises (SMEs) in Sri Lanka to increase competitiveness in local and international parameters.
Seylan Bank has reduced its lending rates ranging from 0.5% to 1% per annum with effect from 1 November.
In recent months, Lanka Orix Factors have experienced a slight shift in their client base as they take on more medium sized clients than ever before.
Lanka Orix Factors have this month been able to offer their clients the facility to view their sales ledgers on line with a system which they are marketing under the name of CTS.
There has been a sharp increase in the money market rates in Sri Lanka during the last month and a half which has seen a rise from a stable average of 15% per annum to 17%.