Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

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
Sri Lankan Navy Commander to leave for India tomorrow on an official visit
-- [25 minutes ago]
Sri Lanka's Northern Province CM's visit to India not yet decided
-- [46 minutes ago]
Sri Lanka's Sabaragamuwa University to re-open on Monday
-- [1 hour and 10 minutes ago]
Buddhist monk who abducted a 9-year-old boy in Sri Lanka remanded
-- [1 hour and 37 minutes ago]
Sri Lanka 2015 Budget highlights
UN recognizes post war progress in Sri Lanka, works with government to resolve reconciliation issues
Former Power and Energy Minister of Sri Lanka clears himself of Rs. 1.5 billion fraud in coal purchase
New secretary to Sri Lanka Sports Ministry assumes duties
Commonwealth Secretary-General to visit Sri Lanka tomorrow
Murali Harmony Cup 2014to launch on 29 October in Sri Lanka's North

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, 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 LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.