Notable
Carnage will design, develop, and supply specialised apparel for multiple disciplines, including competition kits,
Reflects continued volatility in global demand
“This move allows them to further develop and expand the fabric production side within the Methliya facility itself.�...
Lower revenue, higher admin cost drag net profit
The infrastructure will support regional distribution needs across Asia, Africa, and Europe.
European Union supports development of net-zero roadmap for Sri Lanka’s textile and apparel sector
Program on boosting the international visibility of textile products such as handloom and batik.
“The month of August reflects the volatility in global markets, with pressure on exports to the EU and UK,” JAAF sai...
“Partnerships with leading private sector companies like MAS are essential to driving sustainable growth and resilienc...
"Liberalised rules of origin will provide a strong impetus to Sri Lanka’s apparel industry"
We see this as an opportunity to expand trade, strengthen industry competitiveness
The programme comes at a time when global buyers are increasingly prioritising traceability and ethical sourcing,
Sri Lanka's export sector is facing risks due to Trump tariff
And different percentages have been set as the expectations
ITC, GTEX host environmental compliance workshop in Colombo
| Latest | Last | |
|---|---|---|
| US Dollar | 332.3603 | 330.8514 |
| UK Pound | 440.9424 | 438.3450 |
| Euro | 368.4879 | 371.0168 |
| Yen | 2.0805 | 2.0916 |
| Aus Dollar | 227.4342 | 231.1659 |
| Latest | Last | |
|---|---|---|
| Indian Rupee | 3.5474 | 3.4202 |
| Korean Won | 0.2492 | 0.2479 |
| Oman Rial | 863.2287 | 859.3320 |
| Saudi Riyal | 88.5586 | 88.0955 |
| UAE Dirham | 90.4874 | 90.0766 |
| pts | % | |
|---|---|---|
| S&P SL20 | 6,365.57 | +0.26% |
| CSE All Share | 22,157.40 | +0.56% |
| Turnover Rs | 2975.05 million | 1193.67 million |
| Latest | Last | |
|---|---|---|
| 3-m bill | 7.61 | 7.84 |
| 6-m bill | 7.91 | 8.26 |
| 12-m bill | 8.23 | 8.3 |
| 3-yr bond | 9.24 | 9.25 |
| 5-yr bond | 9.82 | 9.56 |
| 8-yr bond | 10.50 | 10.48 |
| today | yesterday | |
|---|---|---|
| Overnight Money | 7.70 | 7.69 |
| Gilt Repo | 7.74 | 7.72 |
| I-m SLIBOR | - | - |
Loss of trade concession could hit Sri Lanka's economy adversely.
We respectfully urge both governments to consider the long-term sustenance of Sri Lanka’s apparel industry
If not we have requested facilities to increase exports by 500 million dollars
“With tariffs coming into effect almost immediately, the impact will be swift and severe.
Apparel is the island's largest export, and the US is its biggest market.
Earnings 10.3-pct below 2019 levels
Key sessions focused on designing for circularity, enhancing reverse logistics for reuse and recycling
Barriers could mean that as a result of the Act, large companies eventually benefit at the cost of smaller companies
Partnership with Solidaridad critical step in enabling Sri Lankan industries to adapt to changing global trade norms
It is in Sri Lanka’s best interest to comply with the agreed-upon conventions and retain the GSP+ status
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