The Economy📰 The Asian Development Bank (ADB) remains optimistic on Sri Lanka’s reform initiativesADB Country Director Takafumi Kadono expressed optimism about the continuity of the reformsin Sri Lanka but warned […]

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Sri Lanka’s Balance of Payments (BOP) surplus records USD 2,185 million amid ongoing deflationary policiesThe Central Bank of Sri Lanka

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Sri Lanka records 15.2 percent growth in expatriate remittances for September 2024In September 2024, Sri Lanka recorded a 15.2 percent

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Fitch Ratings provides positive update on Sri Lanka’s debt restructuring progressFitch Ratings stated that Sri Lanka’s commitment to the IMF

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) The EconomyThe Sri Lanka Rupee strengthens as USD selling rate dips below LKR 300The selling rate of the US dollar has dropped below

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Sri Lanka Gross Domestic Product (GDP) surges by 4.7-percent in second quarter of 2024Sri Lanka’s GDP grew 4.7 percent in

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Expatriate workers remitted USD 577.5 million in AugustThe Sri Lanka Bureau of Foreign Employment reported an 11percent increase in remittances

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Trade deficit widens in July amidst surge in importsSri Lanka’s trade deficit widened by USD 237 million to USD 604

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Total export earnings for July exceeds USD 1 billionSri Lanka’s merchandise export earnings exceeded USD 1 billion in July, whilst

JOINT APPAREL ASSOCIATION FORUM SRI LANKA (JAAFSL) 💰 The Economy📰 Sri Lanka’s economy boosted by USD 566.8 million in July remittancesIn July 2024, Sri Lanka received USD 566.8 million in