Spot sales totaling $30592 (Rs 04 Million), $3.82 Mn investment inquiries and a strong attendance are among the outcomes at the EDBโs sixth intโl Footwear and Leather Fair in Colombo. The sixth edition of Footwear and Leather Fair that began on 07 February at BMICH, came to a closemore
Sri Lankaโs booming footwear and leather sector has demonstrated the highest exports surge in recent history while the industry players lauded praise on the government for the support given to them. โOur footwear and leather exports have shown a strong growth trend. In 2012, exports from this sector stoodmore
As 2013 apparel revenues topped $ 4.3 Bn, the worldโs largest industrial sewing machine manufacturer is stepping up its presence in Sri Lanka -and opened its second South Asian training facility in Colombo on 06 February. โThe garment industry in Sri Lanka is a very important contributor to Lankaโsmore
Tunisia, the prominent North African investment hub and gateway to three strategic global markets with current talks for an FTA with USA, has opened its renowned investment forum to Sri Lanka for the first time. โI am privileged to invite Sri Lanka to our next Carthage Investment Forum sessionmore
The Sri Lankan footwear and leather industry is growing at a steady pace-and has developed into a sector catering to international markets. โForthcoming 6th International Footwear & Leather Fair is a three day event and will move our producers, who now show 45% value addition, to international buyersโ saidmore
Buoyed by its latest exports turnaround, Sri Lanka is now marshalling its FTAs to directly catapault into major global regions-and for the first time, FTAs have become an FDI driver. โYou will be eligible for even more free trade when we begin our FTA with yet another G20 economy inmore
The biggest trade, tourism and investment exposition in history continues to draw increasing numbers of participants-including one from Canada as of 30ย October. โAs of now 660 Lankan and international exhibitors have confirmed for โReflection of Sri Lankaโ event. Also more than 800 expected buyers we have nowโ said an enthusiasticmore
Sri Lankaโs exports, which suffered a YoY decline of 7% in 2012, returned with a bang in 2013 posting a 6.2% surge! โI and EDB thank our exporters for their commitment for this strong performanceโ said an upbeat Rishad Bathiudeen, (Minister of Industry and Commerce) on 22 January. Ministermore
In an unprecedented development, and for the first time, Sri Lankaโs institutional biz know-how is sought for at international levels. โYour strong Ease of Doing Business Index ranking has set an example for other SAARC Countries. I think we can learn from you of this process. We would likemore
In a new breakthrough after a year from the first ever successful Hong Kong-Sri Lanka biz MoU in 2013, some Hong Kong based manufacturers are now looking to move factories to Sri Lanka-and a high powered biz delegation from HK is now scheduled for April. โThe first ever businessmore
Leader of All Ceylon Makkal Congress