SRI LANKA UPDATE | 10 January 2025 – 16 January 2025
The Economy Employee remittances reach four-year high at USD 6.6 billionIn 2024, remittances from Sri Lankan expatriate workers reached their highest levels since2020, contributing significantly to the recovery of the […]
SRI LANKA UPDATE | 13 DECEMBER TO 19 DECEMBER 2024
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 […]
SRI LANKA UPDATE | 29 NOVEMBER TO 05 DECEMBER 2024
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 […]
SRI LANKA UPDATE | 15 NOVEMBER TO 21 NOVEMBER 2024
💰 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 […]
SRI LANKA UPDATE | 08 NOVEMBER TO 14 NOVEMBER 2024
💰 The Economy📰 Tourism and remittance inflows surge by 23.4 percent in Sri LankaSri Lanka’s cumulative foreign inflows from tourism earnings and remittances have risen by 23.4percent to USD 7.97 […]
SRI LANKA UPDATE | 01 NOVEMBER TO 07 NOVEMBER 2024
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 […]
SRI LANKA UPDATE | 17 OCTOBER TO 24 OCTOBER 2024
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 […]
SRI LANKA UPDATE | 11 OCTOBER TO 16 OCTOBER 2024
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 […]
SRI LANKA UPDATE | 04 OCTOBER TO 10 OCTOBER 2024
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 […]
SL’s apparel exports surpass $3 bn with double-digit growth in August

September 24, 2024 By: Isuru Parakrama September 24, Colombo (LNW): Sri Lanka’s apparel sector recorded a significant milestone in August, crossing the US$ 3 billion mark in export earnings for the year, […]