Sri Lanka’s apparel sector is back on track to achieve its export target of US$ 6 billion for 2022, after the power and energy crisis which hindered its production was solved by allowing it to buy fuel directly
Earnings from tourism have crossed the US$ 500 million mark in the first quarter according to the latest Central Bank data.
Sri Lankan Holidays has launched a new website in partnership with GoQuo, a Malaysian online travel retail platform provider, to reach the global market.
The Board of Investment (BOI) is setting up a Textile Park in Punnakuda, Batticaloa with the intention of manufacturing textile raw materials within Sri Lanka, thereby saving US$ 500 million in import expenditure.
The average price of a kilogramme of tea auctioned at the Colombo Tea Auction on 26-27 April 2022 surpassed Rs. 1,500 for the first time in its 127-year history.