Notable
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...
For 2025, total exports increased 5.42 percent to 5,019.20 million dollars
“In a data-driven world, traceability and social compliance will decide who wins and who falls behind,” Yohan Lawren...
Hela Apparel Holdings Plc to buy 99,000 shares in Mauritius incorporated company called Hela Brands Limited.
Sourced Sri Lanka – Textile and Apparel Roadshow, first UK export promotion program for Sri Lankan garments
Focus Brands will form the basis for the organisation’s new brand licensing division
Sri Lanka's Hela Apparel Holdings was downgraded by Fitch Ratings to 'BB+(lka)'; Outlook Negative.
Several investors have expressed interest
A security officer as well as the Omani national had been injured.
The facility has the capacity to produce 1.5 million bra cup pairs per month
NDB Investment Bank Limited was the financial advisor.
Five markets are showing potential including Canada, India, China, Australia, and Japan.
Colder winters expected in Western markets due to the energy crisis
| 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 | - | - |
New tax hikes will be effective from December 1
Decline in export orders could slowdown Sri Lanka's economic recovery
GSP+ is an annual trade concession worth over 500 million US dollars
India's Jay Jay Mills already has factories employing 9,500 workers
"It will also simplify some season tariffs, meaning additional and simpler access for Sri Lanka's exports to the UK."
FTZMA said the high tariffs which are driving up cost of production would make Sri Lankan products highly uncompetitive
Customers are sending questionaries to exporters on a daily basis inquiring about the country's situation.
Sri Lanka’s ongoing crisis situation is affecting the apparel industry, with many overseas brands having already moved...
fuel shortages are affecting our ability to transport our goods and provide staff transport
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