The industry supplies low-cost clothing to the United States, and is a crucial part of the Asian countries’ economies.
Trump tariff shock stings Bangladesh, Sri Lanka garment giants, may help India
Bangladeshi garment exporter Shahidullah Azim woke up on Thursday to the shock of U.S. President Donald Trump slapping a 37% tariff on his country’s exports, endangering an apparel hub already reeling from domestic political upheaval.
Sri Lanka appoints experts from finance, law, and insurance to Commission
The appointments were made by President Anura Kumara Dissanayake. The Insurance Regulatory Commission of Sri Lanka (IRCSL) has appointed R.C. Kotte Hewa, G.A.S. Jayaratna, and D.W.S. Waidyarathne as …
Association of Professional Bankers Sri Lanka announces 2025/26 Committee
Sri Lanka has announced its committee for the 2025/26 term at its recent Annual General Meeting held at The Kingsbury Colombo. ..
New Sri Lanka standardized PPAs not bankable: renewable industry
Sri Lanka is proposing new Standardized Power Purchase Agreements (SPPA) for renewable plants below 10 MegaWatts have features which makes it impossible to get financing from banks, an industry …
Sri Lanka President’s Fund to provide financial help for students affected by elephants
ECONOMYNEXT – Sri Lanka’s Presidential Fund has decided to provide financial assistance to continue the education of children from families affected by daily incidents of elephant intrusions into …
PM visits France to attend high-level conference at UNESCO
The Prime Minister of Sri Lanka Dr. Harini Amarasuriya is on an official visit to Paris, France to participate in the high-level segment of the International Expert Conference on ’An Integrated and …
Prime Minister of Sri Lanka Visits France to Attend High-Level Conference at UNESCO
The Prime Minister of Sri Lanka Dr. Harini Amarasuriya is on an official visit to Paris, France to participate in the high-level segment of …
Melco says 20-year gaming licence in Sri Lanka, to pay US$16.8mln fee
Hong Kong-listed Melco International Development Ltd, the parent of casino firm Melco Resorts & Entertainment Ltd, says its licence to run a gaming venue in Sri Lanka is valid for a “term of 20 years …
Bangladesh, Pakistan, and Sri Lanka sign deal to strengthen capital markets.
The Dhaka Stock Exchange (DSE), Pakistan Stock Exchange (PSX), and Colombo Stock Exchange (CSE) have signed a tripartite memorandum of understanding (MoU) to enhance cooperation among the three …