Global recession deepens, spreads
The global economic crisis is deepening and spreading to all the
nooks and corners of the world. The crisis has hit cinnamon, tea,
rubber and apparel industry in Sri Lanka and last week.
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Apparel sector targets US$ 5 bln - JAAF Chairman
Retention of the GSP Plus benefit and sustaining existing businesses
are major challenges this year for the apparel industry, Chairman,
Joint Apparel Forum Association (JAAF) Ajith Dias said.
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Sampath Bank moves into North and East
Sampath Bank will open seven branches in the North and East in the
near future to cater to the banking needs of the people in the newly
cleared areas.
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