SRI LANKA UPDATE | 23 February 2024 – 29 February 2024
JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) Central Bank shifts focus to medium-term inflation strategy The Economy The Central Bank announced a strategic shift in focus on inflation from near-term […]
SRI LANKA UPDATE | 19 January 2024 – 25 January 2024
JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) The Economy Central Bank of Sri Lanka (CBSL) keeps policy rates steady to tame inflation CBSL decides to maintain interest rates from 9 […]
Exports to all traditional mkts but UK tumble
UK saves situation with 13pc growth in H2 MONIRA MUNNI | January 22, 2024 Apparel shipments to the UK showed an exception with a double-digit growth amid a downturn in […]
Red Sea disruption sees apparel shippers switch to air.
By Alex Lennane | 19/01/2024 https://theloadstar.com/high-fashion-red-sea-disruption-sees-apparel-shippers-switch-to-air/ It has begun. Forwarders are finally seeing air cargo demand rise as shippers look to avoid the disruption in the Red Sea – with garment makers leading […]
SRI LANKA UPDATE | 12 – 18 January 2024
JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) The Economy President discusses effective progress of debt restructuring at Business Roundtable in Switzerland President Ranil Wickremesinghe highlighted Sri Lanka’s economic recovery during […]
Marks & Spencer initiate digital transformation of clothing operations
by Apparel Resources News-Desk 16-January-2024 | Apparel retailer Marks & Spencer has embarked on a digital transformation journey by teaming up with o9 Solutions, a software platform provider. The collaboration aims to […]
SRI LANKA UPDATE | 05 January 2024 – 11 January 2024
JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) The Economy Sri Lanka’s economy to expand by 1.7 per cent in 2024, 2.4 per cent in 2025: World Bank Sri Lanka’s economy […]
Apparel sector eyes US $ 1bn exports to India in next few years
DailyMirror – By SHABIYA ALI AHLAM Sri Lanka’s apparel sector has no major hopes for export earnings reaching the US$6 billion level this year; however, it is striving to bag a bigger […]
SRI LANKA UPDATE | 30 SEPTEMBER – 6 OCTOBER 2022
SRI LANKA UPDATE | 07 February 2025 – 13 February 2025
JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 International Monetary Fund (IMF) to approve Sri Lanka’s third reviewThe Executive Board of the IMF is scheduled to convene in […]
Circular No : 79 /2025/ JAN / JAAF :Event Flyer Circulation – Invitation to “The Netherlands: The Gateway to Europe” Event – A Key Briefing for Exporters
Circular No : 80/2025/Feb/ JAAF – International Women Day
Sri Lanka Eyes $6B in Apparel Exports
By: Asia Business Outlook Team | Friday, 24 January 2025 Sri Lanka’s garment export earnings increased 5% in 2024 despite declining prices, although they were still 10.3% less than the […]
Govt. assures support to uplift apparel industry workforce with vocational training
29 Jan 2025 By Nuzla Rizkiya The government has reaffirmed its support to uplift apparel sector workforce by pledging to collaborate with industry leaders and align vocational training programmes with […]
U.S. Ambassador Chung Highlights Sri Lanka’s Apparel Industry Potential at SLAEA AGM
January, 29, 2025 U.S. Ambassador to Sri Lanka Julie Chung addressed the Sri Lanka Apparel Exporters Association (SLAEA) Annual General Meeting, emphasizing the pivotal role of the country’s apparel sector […]
Sri Lanka Apparel achieves 5-pct export growth in 2024, Eyes in-country verticality to enable growth
Author LBO Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly 5%, according to the Joint Apparel Association Forum (JAAF). Adding the […]
SRI LANKA UPDATE | 31 January 2025 – 06 February 2025
💰 The Economy📰 Sri Lanka’s tourism sector surges to new heights in 2025Sri Lanka’s tourism sector has recorded an impressive start to 2025, with 252,761 visitors arrivingin January. This record […]
SRI LANKA UPDATE | 24 January 2025 – 30 January 2025
💰 The Economy📰 Central Bank of Sri Lanka (CBSL) maintains Overnight Policy Rate (OPR) at current levelThe Monetary Policy Board of CBSL has decided to maintain the Overnight Policy Rate […]
SRI LANKA UPDATE | 17 January 2025 – 23 January 2025
The EconomyManufacturing and Services sectors strengthen in December 2024Sri Lanka’s manufacturing and services sectors improved in December 2024, according to theCentral Bank’s Purchasing Managers’ Index (PMI). The Manufacturing PMI rose […]