Exports Archives

November 6, 2023

Sampath Bank PLC is delighted to announce the renewal of its partnership with the National Chamber of Exporters (NCE). This strategic partnership underscores Sampath Bank’s commitment to bolstering the growth of Sri Lankan exports on the global stage and builds upon the Memorandum of Understanding (MoU) signed between the NCE and Sampath […]

October 13, 2023

For generations, tea has been intricately woven into the socio-economic fabric of Sri Lanka. In 2022, Sri Lanka’s tea exports earned a record Rs. 411 billion according to the Sri Lanka Tea Board. While large-scale company-owned and managed plantations have historically dominated tea production, today over 400,000 tea smallholders island-wide contribute significantly, […]

September 21, 2023

The DCTS mirrors rules of origin restrictions that existed under the EU GSP + concessions The scheme offers extended cumulation which is an opportunity for Sri Lanka to increase utilisation of the scheme and help boost exports to the UK 21st September 2023: Exceptional circumstances need extraordinary solutions that help navigate unprecedented […]

September 12, 2022

● Apparel industry proves resilient in the face of adversity ● Total apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import […]

June 15, 2022

Industry body, JAAF encourages manufacturers to adopt special welfare schemes Cost of living allowances for employees effected by companies Dry rations and meals provided to employees and their families 13th June 2022: In an effort to reduce the burden of the ongoing economic crisis and help workers cope with the rising cost […]

February 23, 2022

This will enable an increased contribution by smallholder farmers to national agricultural production and exports BLANTYRE, Malawi, February 22, 2022/APO Group/ — First Capital Bank latest partner to join Team Europe Kulima Access to Finance agriculture financing initiative in Malawi; New agricultural financing to transform access to long-term finance; Impact strengthened […]

January 13, 2022

Despite having faced down another tumultuous year, the Sri Lankan apparel industry has shown remarkable resilience in 2021, and we believe the advances we have made over the past year have put the entire sector in a much stronger position to weather the escalating challenges of 2022. A review of the […]

May 16, 2020

Mr. Basil Rajapaksa, Special Representative of the President and Head of the Presidential Task Force on Economic Revival and Poverty Eradication, symbolically handed over the first batch of face masks from a production of 200 million face masks for export by Brandix, to U.S. Ambassador to Sri Lanka and Maldives Alaina B. Teplitz. The handover took […]

Sampath Bank Renews Partnership with National Chamber of Exporters, Reinforcing Commitment to Sri Lankan Exports

Seylan Bank continues to empower Tea Smallholders to cultivate success

JAAF calls for further strengthening of the DCTS through extended cumulation

“There is opportunity in crisis” – JAAF Secretary General

Apparel industry addresses impact of crisis on their workers

European Investment Bank (EIB) and First Capital Bank partner to provide EUR 12. 5 million investment boost for smallholder farmers and agricultural companies and cooperative across Malawi backed by European Union (EU) support

A new vision to help Sri Lankan apparel rise to the challenges of 2022

200 million face masks order to boost Apparel industry; Brandix exports first consignment to US