Apparel

The pandemic was unprecedented, and everyone made mistakes. As COVID-19 variants turn milder and some semblance of normalcy returns, a quick lookback.

As trade wars rage, a new mega-treaty comes into play and some uncertainties keep rankling Sri Lanka’s GSP+ status from the EU. A look at how the country’s apparel industry is working it out.

With the forex crisis in Sri Lanka keeping the country on tenterhooks, the importance of the apparel manufacturing sector becomes paramount. Also, it has to earn more and spend less.

The apparel industry of Sri Lanka has recovered considerably from the COVID-19 shocks. But now, it has to wade through a debt crisis.