New leadership at SLCGE pledges policy advocacy to strengthen SME apparel exports

TheSri Lanka Chamber of Garment Exporters (SLCGE)held its28th Annual General Meeting (AGM) in Colombo, marking a significant leadership transition and signalling a renewed policy-driven focus on enhancing the competitiveness of Sri Lanka’s small and medium-scale apparel exporters. A key highlight of the AGM was the conclusion of Mr. Bandula Fernando’s distinguished 13-year tenure as President […]

Sri Lanka’s apparel exports grow 5.4-pct in Dec 2025; full-year exports top USD5Bn

Sri Lanka’s exports of apparel and made-up textile articles (HS Chapters 61, 62 and 63) rose to US$447.21 million in December 2025, up 5.43% from US$424.18 million in December 2024, according to industry export statistics. Growth was recorded across the three main destination markets. Exports to the USA increased 6.49% year-on-year to US$178.29 million (from […]

MAS Holdings launches ‘Plan for Change 2030’,towards more sustainable apparel industry

South Asia’s largest apparel-tech conglomerate, MAS Holdings, launched its Plan for Change 2030 at a special event held at Cinnamon Life, Colombo on 09 October 2025. The launch marks an important new chapter in the company’s sustainability journey, outlining an ambitious roadmap to reshape the future of apparel through measurable commitments across Product, Lives, and […]

JAAF stresses need for proven VAT refund system to safeguard export stability post-SVAT

The Joint Apparel Association Forum (JAAF) today reaffirmed its commitment to working with government authorities as Sri Lanka prepares to remove the Simplified Value Added Tax (SVAT) scheme on 1st October. While emphasising that the removal of SVAT is now inevitable, JAAF noted that the industry has been in continuous dialogue with policymakers on the […]

Free Trade Zone Manufacturers Association Rules Out Additional MFN Levies, Says 20-Pct Tariff Stands Alone

Dhammika Fernando, Chairman of the Free Trade Zone Manufacturers Association (FTZMA), emphasized that the new 20% U.S. tariff on Sri Lankan imports is a standalone rate and will not be added on top of existing Most-Favored-Nation (MFN) duties. “A 12% to 16% average MFN rate applied on Sri Lankan apparel earlier,” Fernando explained. “Some people […]

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