Lankapage Logo Recent Top Stories
Go Home Home Serving the Sri Lankan community globally since 2000
go to

Leading News from Sri Lanka::

* Sri Lanka earns record US$ 4.3 billion from apparel exports in 2013
Fri, Jan 31, 2014, 02:32 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 31, Colombo: Sri Lanka has earned a record US$ 4.3 billion from the apparel exports in 2013 compared to the US$ 3.8 billion in 2012 according to the acting Chairman of the Joint Apparel Association Forum (JAAF) Noel Priyatilleke.

Speaking at the JAFF 10th Annual General Meeting on Wednesday, Priyatilleke said the successful public-private partnerships as well as conducive regulations by the Government made the 2013 historical year for the apparel industry.

However, the challenge is not only to sustain the momentum but also to grow, the acting Chairman said adding that the Government expects Sri Lankan apparel, tea and rubber to fetch a turnover of US$ 10 billion by 2016 and to be among the top 10 apparel export countries of the world by 2020.

Priyatilleke noted that the time has come to explore all possible avenues to reach this target.

"I do believe that Sri Lankan apparel can achieve it, because of the visionary leadership given by the stalwarts of our industry coupled with the business friendly environment created by our Government. Let us get together to perform this task," he said.

He said the introduction of Gazette notification by the government directing all Shipping Service Providers to ensure that a Bill of Lading clearly indicates whether the consignment is freight collect or freight pre-paid on a request made by the association was a great achievement.

The acting Chairman said the apparel industry is confident that with all these reforms and trade facilitation measures, they should be able to reach the target of US$ 6 billion in 2020.

ColomboPage - Recent 10 Stories
UK steps up reconciliation and human rights support for Sri Lanka
-- [16 minutes ago]
Indian Army Chief to discuss upgrading Sri Lanka's defense equipment during visit
-- [8 hours ago]
CID records statement from Minister Rajitha Senaratne on Avant Garde Chairman's claims
-- [8 hours ago]
Sri Lanka's power authority earns over Rs. 38 million through raids on power pirates
-- [8 hours ago]
Sri Lanka to introduce a new Education Act in January
-- [9 hours ago]
Sri Lanka seeks to enhance the existing cooperation with Singapore - new envoy
-- [9 hours ago]
Sri Lanka Foreign Minister signs agreement for creation of Commonwealth Trade Finance Fund for Small States
Bribery Commission files case against former minister Johnston Fernando
No-confidence motion against Sri Lanka's Finance Minister handed over to parliament
Sri Lanka's tri forces ready to assist police to maintain law and order

Copyright © 2000, 2014 by (LLC) :
The news and other contents on ColomboPage are copyrighted property of, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.