SRI LANKA UPDATE | 29 SEPTEMBER – 05 OCTOBER 2023
SRI LANKA UPDATE | 29 SEPTEMBER – 05 OCTOBER 2023 The Economy: Government awaits favourable response from International Monetary Fund (IMF) for second tranche of Extended Fund Facility (EFF) this […]
SRI LANKA UPDATE | 22 – 28 SEPTEMBER 2023
SRI LANKA UPDATE | 22 – 28 SEPTEMBER 2023 The Economy: The International Monetary Fund (IMF) states Sri Lanka showing tentative signs of stabilisation – Although Sri Lanka is exhibiting […]
SRI LANKA UPDATE | 17 – 23 NOVEMBER 2023
SRI LANKA UPDATE | 17 – 23 NOVEMBER 2023 The Economy: The second reading of Budget 2024 passed in Parliament – Parliament approved the Appropriations Bill for the fiscal year […]
SRI LANKA UPDATE | 15 – 21 SEPTEMBER 2023
SRI LANKA UPDATE | 15 – 21 SEPTEMBER 2023 The Economy: Sri Lanka & World Bank (WB) discuss economic reforms and potential collaborations – A Sri Lankan team headed by […]
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 […]
Indian Textile Association to host sustainability event in Jan ’24
INSIGHTS The Textile Association (India), Mumbai unit, has announced that it is organising an international conference titled ‘Sustainability and Circularity—The New Challenges for The Textile Value Chain’ on Wednesday, January […]
Bangladesh RMG exports to US dip 23.33% in Jan-Sep, India’s dip 21.91%
INSIGHTS Bangladesh’s apparel exports to the United States fell by 23.33 per cent year on year (YoY) to $5.78 billion in the first three quarters this year amid slow demand […]
Ethical Fashion Trade Groups Push Bangladesh Prime Minister on Minimum Wage
By 16 November 2023 Organisations representing more than 2,500 international brands, retailers and suppliers said the country’s new minimum wage for garment workers is too low to basic needs. Ethical […]
82% of US shoppers to buy online in 2023: Survey
INSIGHTS The number of consumers in the US planning to do at least some of their holiday shopping online rose to 82 per cent in 2023, as per a survey. […]
Apparel Buyers’ Association (SLASA) emphasizes regaining status of being ‘competitive, reliable and in a safe pair of hands’
August 2023 – Colombo, Sri Lanka – The Sri Lanka Apparel Sourcing Association (SLASA) held a sundown meeting with the objective of moving beyond immediate challenges facing the apparel industry […]