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From resilience to revival in Sri Lanka

From Resilience to Revival – Rebuilding Bigger, Better, Faster, More - Adaderana Biz English

By The Joint Apparel Association Forum On March 20th 2023, the International Monetary Fund’s (IMF) Executive Board approved a four-year Extended Fund Facility (EFF) arrangement for Sri Lanka amounting to USD 2.9 billion. This was post the agreements with China and India – Sri Lanka’s biggest lenders for additional financial assistance and the first steps.

Sri Lanka is ideal destination for Prym Intimates

Germany s Prym Intimates: SL apparel s strategic value outshines current economic challenges - Adaderana Biz English

International apparel firms are doubling down on their investments in Sri Lanka and are expanding their production capacities, sending positive signals even in the midst of a historic economic meltdown. An internationally reputed producer of accessories for the global lingerie industry – Prym Group is a company with a rich legacy of close to 500.

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