Search Results for: Sri Lankan
10 results out of 397 results found for 'Sri Lankan'.
BUSINESSES VOICE CONCERNS ABOUT TOBACCO CRACKDOWN IN JAKARTA, BUT IMPACT UNCLEAR
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. …
INDIA-GULF TRADE FEARS OVER PROPHET MOHAMMED ROW REFLECT LONG-TERM DIPLOMATIC CONCERNS FOR INDIAN EXPORTERS
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 FACES REVENUE LOSSES THROUGH FINANCIAL CRISIS
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 FACES REVENUE LOSSES THROUGH FINANCIAL CRISIS
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 HALAL FOOD SECTOR INNOVATES TO SURVIVE DURING WORSENING ECONOMIC CRISIS
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 CLOTHING SECTOR PROTECTS ITSELF FROM NATIONAL CRISIS – BUT FOR HOW LONG?
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.…
RUSSIAN INVASION WILL CAUSE LASTING DAMAGE TO UKRAINE AND RUSSIA’S KNITTING INDUSTRY, SAY EXPERTS
RUSSIA’s invasion of Ukraine will damage European Union (EU)-Russia trade in clothing including knitwear, but Russia will continue to make woolen clothes, say experts. Meanwhile, the war launched by Russian President Vladimir Putin is devastating Ukraine’s knitwear production and retail sector.…
COUNTRY PROFILE: VIETNAM
The Vietnamese apparel sector is a great success story, but to maintain its strong position, the country will have to build backward linkages, while mitigating some deep-rooted cost and labour challenges. Data from the World Trade Organisation (WTO) shows that from the 1990s, the country’s garment industry has risen from a low base to overtaking Bangladesh’s exports’ sales in 2020, with USD29 billion overseas sales revenues, ranking second worldwide.…
SUSTAINABILITY ACCOUNTING STANDARDS – IMPACT ON TEXTILES INDUSTRY
INTRODUCTION
ACCOUNTING used to be restricted to financially measurable matters of profit and loss; expenditure and revenue; taxes and subsidies; investment and liabilities. But the mathematical and statistical skills underpinning a solid set of books and filed accounts are today increasingly being used to measure the environmental and social sustainability of a product, input, production process and supply chain.…
THE OUTSOURCING/NEARSOURCING/RESHORING STRUGGLE WITHIN THE PROTECTIVE AND PERFORMANCE TEXTILE SEGMENTS
INTRODUCTION
The Covid-19 pandemic has sparked a reassessment of the model of relying on one or two outsourcing locations. It has demonstrated that when there is a major disruption caused by an emergency as serious as a pandemic, shipping and industrial processing can be disrupted.…