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Sunday, 20 February 2011

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Exports grew 3.4 percent despite EU’s GSP+ withdrawal:

Garment exports net $3,359.3 m in 2010

The Sri Lankan Garment industry has again shown its resilience and competitiveness in the international markets under adverse external conditions even without any preferential treatment or concessions. Export figures for 2010 released recently show a marginal growth in export to the main EU and US markets.

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World Cup - tremendous tourism gain

The tourism industry of Sri Lanka will gain tremendously with the ICC cricket World Cup 2011 industrialists said. Sri Lanka is co host to this biggest sporting event. The exposure given by the international media, the large numbers of cricket enthusiasts visiting Sri Lanka during the matches as well as the stadiums that matches are to be played have created a massive advantage to the industry, they said.

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Private sector should woo Sri Lankan expats

There are over one million Sri Lankan expatriates and of this over 100,000 are professionals who are very strong in their communities and are willing to support Sri Lanka, but there is no mechanism for these people to return and support the country said immigration specialist and lawyer Susantha Katugampala.

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