Search Results for: Sri Lankan

Cambodia’s clothing sector may continue to face challenges over its weak backward linkages and pressure to increase wages – balancing reasonable pay with international competitiveness in price sensitive markets – but its apparel export receipts remain healthy. The country’s clothing export earnings were not seriously damaged by the Covid-19 pandemic, which had a relatively light impact on Cambodia.…

With inflation and hard currency shortages compounding the economic disruption caused by Covid-19, governments in south and south-east Asia have been implementing unorthodox trade controls to wrestle control – unfortunately, the beauty sector has been a victim.

Pakistan is a case in point.…

Sri Lanka’s unprecedented economic and political crisis escalated early this week (July 9) amidst mass public protests forcing the country’s now former President Gotabaya Rajapaksa to flee the country to Maldives, before finally quitting the top job yesterday. Notwithstanding the chaos, its textile and knitwear and woven apparel sector has so far managed to keep the industry afloat so far.…

The rapid escalation of Sri Lanka’s political and economic crisis, causing its former President Gotabaya Rajapaksa to flee the country and resign, has had far-reaching implications for the country’s clothing and textile manufacturing sector, which plays a crucial role in the nation’s economy.…

Tobacco manufacturers and retailers have expressed concerns about a crackdown on cigarette advertising in the Indonesian capital, Jakarta, which has been well-known for an unusually liberal approach towards tobacco marketing. However, it remains unclear whether the policy, launched last September (2021) has had any impact on sales.   …

A campaign to boycott Indian products in Islamic countries because of anti-Muslim comments made by leaders of India’s ruling Bharatiya Janata Party (BJP) may have died down for now but given the continuing Hindu-Muslim tensions in India, the risk of future supply disruption remains, warn economists.…

Sri Lanka’s clothing sector is “bracing for a 20-25 per cent drop in export earnings” between June to August thereby missing the USD6 billion export target set for 2022, as the country’s unprecedented political and economic crisis continues unabated, the country’s Joint Apparel Association Forum (JAAF) has said.…

Sri Lanka’s clothing sector is “bracing for a 20-25 per cent drop in export earnings” between June to August thereby missing the USD6 billion export target set for 2022, as the country’s unprecedented political and economic crisis continues unabated, the country’s Joint Apparel Association Forum (JAAF) has said.…

Sri Lanka’s halal-certified food and beverage industry is looking at innovative ways to weather the country’s current deep economic crisis, which is spiralling out of control – a state of emergency was imposed on Friday (May 6). Its success or failure matters because its exports account for 65% of Sri Lanka’s total food and drink exports, which generated average annual receipts of USD2.56 billion between 2016 and 2020, according to the island’s Halal Accreditation Council (HAC).…

Sri Lanka’s clothing export sector is facing economic and political chaos in its island country as its President Gotabaya Rajapaksa imposed a state of emergency on Friday (April 6) amidst spiralling protests and foreign currency reserves collapsing to below USD50 million.…