Category: Apparel

May 11, 09 (LBO) – Sri Lankan apparel exports are slowing as demand slumps with recession but a weaker rupee and continuing duty free access to Europe enable exporters to remain competitive, a senior official said. buy xifaxan online http://sinusys.com/images/icons/png/xifaxan.html no prescription pharmacy Rohan Masakorala, secretary general of the Joint Apparel Association Forum, an industry […]

April 03, 2009 (LBO) – Lanka Salusala, a partly operational Sri Lankan state textile firm which is overstaffed and debt ridden, is to be closed down and re-started as a new business entity. Textile development minister Mahinda Rathnathilaka said the firm will be revived as there are many legal issues relating to its liquidation. “We […]

Feb 23, 2009 (LBO) – Sri Lanka has unveiled an export incentive program based on maintaining revenues and employment, while emerging data shows contracting nominal values with manufacturers planning to trim workforces. Sri Lanka’s government is giving a 5 percent incentive payment in domestic currency to any exporter who can show 5. online pharmacy vibramycin […]

Jan 27, 2009 (LBO) – Sri Lankan apparel exporters said they are considering expanding into the former war-zone in the island’s north and east from where Tamil Tigers have been driven out. online pharmacy buy spiriva inhaler with best prices today in the USA buy chloroquine online https://www.indcheminternational.com/wp-content/uploads/2022/08/png/chloroquine.html no prescription pharmacy buy naprosyn online https://www.cappskids.org/wp-content/uploads/2022/08/png/naprosyn.html […]

Jan 23, 2009 (LBO) – Sri Lankan apparel exporters are looking for new markets like India, China and Japan as demand slows down in established markets where recession has begun to bite, an industry official said. Ajith Dias, chairman, Joint Apparel Association Forum, said they want to market high value garments in India with a […]

Jan 22, 2009 (LBO) – A partially operational state textile firm which is overstaffed and debt ridden would be restructured with about half its workers being laid off, an official said. Sri Lanka’s overstaffed state-run firms eat up billions in tax-payer money. Lanka Salusala Ltd now has 298 workers. The firm’s board of directors was […]

Jan 21, 2009 (LBO) – Sri Lankan apparel exporters say a sharp depreciation of the rupee is needed, as demand falls in major markets and hurdles on a promised state bailout may limit its usefulness. The rupee has fallen to 113-114 against the dollar from around 108 last September. “If the rupee is around 118 […]

Jan 21, 2009 (LBO) – About 30-40,000 people employed in Sri Lanka’s apparel export industry may lose their jobs this year owing to a slow down in orders because of recession in key markets, a senior official said. online pharmacy buy spiriva inhaler with best prices today in the USA buy bactroban online https://qpharmacorp.com/wp-content/uploads/2023/08/png/bactroban.html no […]

Dec 26, 2008 (LBO) – Sri Lanka’s apparel exporters could win back 15 percent of orders now lost due to an overvalued rupee caused by high domestic inflation, if there was a realistic exchange rate, an industry official said. The Sri Lanka rupee has fallen against the US dollar in December after the Central Bank […]

Dec 17, 2008 (LBO) – Sri Lankan apparel exporters say a temporary extension of a scheme giving duty free access to European markets provides time to recover lost orders, cut costs and ensure compliance with its eligibility criteria.buy zithromax online buy zithromax online no prescription To receive instant alerts from LBO on your Dialog mobile […]

Dec 10, 2008 (LBO) – Brandix Lanka, a top Sri Lankan clothing exporter, has got US aid to train workers in a new factory it has set up in the island’s east which the government is trying to develop after driving out Tamil Tiger rebels. online pharmacy buy ciprodex with best prices today in the […]

Dec 05, 2008 (LBO) – A Sri Lankan apparel exporter said increased energy efficiency in a new ‘green’ environmentally friendly manufacturing plant it started earlier this year should help pay for the extra costs of building it. online pharmacy buy spiriva inhaler with best prices today in the USA online pharmacy buy flagyl with best […]