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The Investor Sentiment - Equity and investments forum for Sri Lankans

The Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSEThe Lankan Investor Forum - A more respectable and reasonable place for members to discuss matters regarding the CSE

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» CCS.N0000 ( Ceylon Cold Stores)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Mar 20, 2024 11:31 am by Hawk Eye

» Sri Lanka plans to allow tourists from August, no mandatory quarantine
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Sep 13, 2023 12:16 pm by lauryfriese

» When Will It Be Safe To Invest In The Stock Market Again?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Apr 19, 2023 6:41 am by කිත්සිරි ද සිල්වා

» Dividend Announcements
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Apr 12, 2023 5:41 pm by කිත්සිරි ද සිල්වා

» MAINTENANCE NOTICE / නඩත්තු දැනුම්දීම
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyThu Apr 06, 2023 3:18 pm by කිත්සිරි ද සිල්වා

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 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Apr 02, 2023 7:28 am by කිත්සිරි ද සිල්වා

» SEYB.N0000 (Seylan Bank PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyThu Mar 30, 2023 9:25 am by yellow knife

» Here's what blind prophet Baba Vanga predicted for 2016 and beyond: It's not good
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyThu Mar 30, 2023 9:25 am by HaeroMaero

» The Korean Way !
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» In the Meantime Within Our Shores!
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» What is Known as Dementia?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Mar 24, 2023 10:09 am by කිත්සිරි ද සිල්වා

» SRI LANKA TELECOM PLC (SLTL.N0000)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyMon Mar 20, 2023 5:18 pm by කිත්සිරි ද සිල්වා

» THE LANKA HOSPITALS CORPORATION PLC (LHCL.N0000)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyMon Mar 20, 2023 5:10 pm by කිත්සිරි ද සිල්වා

» Equinox ( වසන්ත විෂුවය ) !
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyMon Mar 20, 2023 4:28 pm by කිත්සිරි ද සිල්වා

» COMB.N0000 (Commercial Bank of Ceylon PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 19, 2023 4:11 pm by කිත්සිරි ද සිල්වා

» REXP.N0000 (Richard Pieris Exports PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 19, 2023 4:02 pm by කිත්සිරි ද සිල්වා

» RICH.N0000 (Richard Pieris and Company PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 19, 2023 3:53 pm by කිත්සිරි ද සිල්වා

» Do You Have Computer Vision Syndrome?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySat Mar 18, 2023 7:36 am by කිත්සිරි ද සිල්වා

» LAXAPANA BATTERIES PLC (LITE.N0000)
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» What a Bank Run ?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Mar 15, 2023 5:33 pm by කිත්සිරි ද සිල්වා

» 104 Technical trading experiments by HUNTER
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Mar 15, 2023 4:27 pm by katesmith1304

» GLAS.N0000 (Piramal Glass Ceylon PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Mar 15, 2023 7:45 am by කිත්සිරි ද සිල්වා

» Cboe Volatility Index
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyTue Mar 14, 2023 5:32 pm by කිත්සිරි ද සිල්වා

» AHPL.N0000
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 12, 2023 4:46 pm by කිත්සිරි ද සිල්වා

» TJL.N0000 (Tee Jey Lanka PLC.)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 12, 2023 4:43 pm by කිත්සිරි ද සිල්වා

» CTBL.N0000 ( CEYLON TEA BROKERS PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 12, 2023 4:41 pm by කිත්සිරි ද සිල්වා

» COMMERCIAL DEVELOPMENT COMPANY PLC (COMD. N.0000))
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Mar 10, 2023 4:43 pm by yellow knife

» Bitcoin and Cryptocurrency
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Mar 10, 2023 1:47 pm by කිත්සිරි ද සිල්වා

» CSD.N0000 (Seylan Developments PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Mar 10, 2023 10:38 am by yellow knife

» PLC.N0000 (People's Leasing and Finance PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyThu Mar 09, 2023 8:02 am by කිත්සිරි ද සිල්වා

» Bakery Products ?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Mar 08, 2023 5:30 pm by කිත්සිරි ද සිල්වා

» NTB.N0000 (Nations Trust Bank PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Mar 05, 2023 7:24 am by කිත්සිරි ද සිල්වා

» Going South
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 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySat Feb 25, 2023 5:12 pm by කිත්සිරි ද සිල්වා

» අපි තමයි හොඳටම කරේ !
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyTue Feb 14, 2023 3:54 pm by ruwan326

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» SAMP.N0000 (Sampath Bank PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyWed Nov 30, 2022 8:24 am by කිත්සිරි ද සිල්වා

» APLA.N0000 (ACL Plastics PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Nov 18, 2022 7:49 am by කිත්සිරි ද සිල්වා

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» Banks, Finance & Insurance Sector Chart
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyTue Nov 15, 2022 5:26 pm by කිත්සිරි ද සිල්වා

» VPEL.N0000 (Vallibel Power Erathna PLC)
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySun Nov 13, 2022 12:15 pm by කිත්සිරි ද සිල්වා

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 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySat Nov 05, 2022 8:44 am by කිත්සිරි ද සිල්වා

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 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptySat Nov 05, 2022 8:42 am by කිත්සිරි ද සිල්වා

» Capital Trust Broker in difficulty?
 Sri Lanka should cut import tariffs to increase apparel exports: World Bank EmptyFri Oct 21, 2022 5:25 pm by කිත්සිරි ද සිල්වා

» IS PIRATING INTELLECTUAL PROPERTY A BOON OR BANE?
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» What Industry Would You Choose to Focus?
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» Should I Stick Around, or Should I Follow Others' Lead?
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» DV-2024 Program: Online Registration
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    Sri Lanka should cut import tariffs to increase apparel exports: World Bank

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    Rana
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     Sri Lanka should cut import tariffs to increase apparel exports: World Bank Empty Sri Lanka should cut import tariffs to increase apparel exports: World Bank

    Post by Rana Tue Apr 26, 2016 4:59 pm

    ECONOMYNEXT – Sri Lanka can increase exports of apparel, its main industrial export, by reducing import tariffs and getting into more trade deals that would widen market access, according to a new World Bank report.

    The country should also promote industrial relocation and attract more female workers to relieve its labor shortages, it said.

    “As China gradually scales back its apparel manufacturing, Sri Lanka stands to gain market share,” said the report, Stitches to Riches: Apparel Employment, Trade and Economic Development, launched in Colombo Tuesday.

    However, it is not able to increase market share as quickly as some Southeast Asian countries, the report noted.

    “Comparisons reveal that its apparel prices are higher than competitors, but Sri Lanka produces more sophisticated products, though there is room for improvement on lead times and product range and availability.”

    The World Bank suggested Sri Lanka increase integration with South Asia and reduce tariffs for the import of manmade fibers, which accounts for 50 percent of Sri Lanka’s industry inputs, while encouraging domestic growth.

    The island could enter into more trade agreements to help diversify export destinations for existing products, such as active wear and intimate apparel, it said.

    The report also recommends Sri Lanka expand into new products such as formal wear and high-end outerwear that require higher skills, and position as a regional apparel and textile trade hub taking advantage of its infrastructure advantage.

    It needs to also attract foreign investment through adopting clear investment policies, which currently remains at only 2 percent of GDP.
    (Colombo/April 26 2016)

      Current date/time is Thu Jun 20, 2024 12:01 pm