💰 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 […]
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
💰 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
by Apparel Resources News-Desk 15-March-2025 | 3 mins read Coats Group, a manufacturer of thread, is about to surpass the tipping point where 50 per cent of its goods will be made from
Author Ashanthi RatnasinghamPosted on March 7, 2025 | Apparel, Companies, Featured MAS Holdings, South Asia’s largest apparel manufacturer, marked a significant milestone in its global expansion by breaking ground for its first facility in the state
By Sunimalee Dias View(s): 3574 With the US imposing new tariffs on a number of different countries it would have a beneficial impact on states like Sri Lanka as buyers are
Eyes in-country verticality to enable future growth. Yohan Lawrence, Secretary-General of JAAF. Sri Lanka’s export earnings from apparel in 2024 reached USD 4.7 billion, recording a year-on-year growth of nearly
The EconomySri Lanka records 5.5 percent Gross Domestic Product (GDP) growth in Q3 2024Sri Lanka’s GDP increased by 5.5 percent in Q3 of 2024, marking a significant improvementcompared to the
The EconomySri Lanka export earnings reach USD 10.68 billion with a 7.7 percent growthAccording to the Weekly Economic Indicators report from the Central Bank of Sri Lanka(CBSL), export earnings have
💰 The Economy📰 Asian Development Bank (ADB) approves USD 200 million policy-based loan for Sri LankaThe ADB approved a policy-based loan of USD 200 million on November 19, aimed at
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