Apparel sector grows
Major players take closed factories :
The apparel industry will continue its growth
momentum and is expected to end the year by recording a growth of
four percent. The industry is really booming except for a few
hiccups, Sri Lanka Garment Buying Offices Association President J D
R Sylvester said.
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Tea production picking up
Sri Lanka has recorded a tea crop of 21.6
million kilograms (Mkgs) in February. This is around 1.8 mkgs lower
than the corresponding period last year. A crop of 42.6 mkgs has
been harvested during January and February, which is 9.3 mkgs lower
than the crop attained during the corresponding period of 2010 Lanka
Commodity Brokers Limited said.
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International award for First Guardian
First Guardian Equities won the CQE Century
International Quality ERA Award in the Gold Category at a ceremony
in Geneva recently. These awards are organized by Business
Initiative Directions (BID) and were held at the International
Quality Convention in Geneva at the spectacular Intercontinental
Geneve Ballroom, across from the United Nations European
Headquarters.
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