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DateLine Thursday, 22 January 2009

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News: Make Lanka terrorism free...        Political: UNP could submit fresh No-Confidence Motion - Speaker ...       Business: Lanka’s apparel industry targets $ 5 billion by 2010 ...        Sports: Sri Lanka levels ODI series ...

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Lanka’s apparel industry targets $ 5 billion by 2010

Sri Lanka’s apparel industry has targeted USD five billion by 2010 and beyond with aggressive growth in the industry despite the current global crisis.

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Loadstar maintains strong position in replacement tyre market - Chairman

The classic responses that companies can make are cutting down on inventories, reducing expenditure in areas such as power consumption, waste capital expenditure and staff, slash bank borrowings and reducing the workforce,

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Capital Reach diverts 15.45% stake

Capital Reach Holdings has divested 15.45 per cent of its stake in its subsidiary company Capital Reach Leasing Limited (CRLL). The company will go for initial trading from today following the listing of the company in the Colombo Stock Exchange (CSE).

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Sri Lanka’s apparel industry has targeted USD five billion by 2010 and beyond with aggressive growth in the industry despite the current global crisis. The apparel industry in Sri Lanka recorded USD 3.2 billion in export earnings in 2007 and was the largest contributor to the national economy which was 10 per cent of the GDP.Here some foreign buyers at a recent apparel exhibition in Colombo. - Pic by Saliya Rupasinghe



 
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