Business

Aviyana Named Main Sponsor of Sri Lanka Trade Fair Dubai 2024

Aviyana, Sri Lanka’s premier 7-star hotel, has officially signed on as the main sponsor for the highly anticipated Sri Lanka Trade Fair Dubai 2024. The event, scheduled for November 2 and 3, 2024, at the Crown Plaza in Dubai, aims to strengthen business ties between Sri Lankan exporters and Gulf buyers by showcasing the country’s

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Industry Analysis

Sri Lanka’s Apparel Sector Surpasses $3 Billion in Earnings Amid Growth

Sri Lanka’s apparel sector has surpassed the $3 billion mark in earnings, demonstrating impressive growth with a 22% year-on-year increase in August. According to provisional data released by Sri Lanka Customs, the sector’s export earnings for August reached $485.62 million. Exports to all markets have shown positive growth, with the United States seeing a notable

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Business

Sri Lanka’s June Merchandise Exports Rise 2.58% to Over USD 1 Billion

Sri Lanka’s merchandise export performance for June 2024 reached USD 1,031.2 million, marking a 2.58% increase compared to June 2023, according to provisional data from Sri Lanka Customs. This rise is attributed to higher earnings from exports of apparel and textiles, tea, rubber-based products, coconut-based products, food and beverages, and spices and concentrates. Compared to

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