An end to drought conditions caused by the El Niño weather pattern is spurring growth in the Philippines’ industrial sector, with increased output in food manufacturing.
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New legislation could boost investment and growth in Oman’s mining sector, although gaps in infrastructure could inhibit expansion in the short to medium term.
Articles & Analysis | Retail becomes one of Sri Lanka's fastest-growing sectors from The Report: Sri Lanka 2016
Despite a significantly smaller consumer base than in neighbouring India, the retail sector in Sri Lanka has recorded formidable growth in recent years. This is the result of strong macroeconomic fundamentals, rising incomes, high levels of household expenditure and shifting consumer trends. Retail space in shopping malls is in critically...
Articles & Analysis | A focus on niche products and apparel manufacturing exports in Sri Lanka from The Report: Sri Lanka 2016
An apex industry and the largest foreign exchange earner, Sri Lanka’s apparel manufacturing sector stands as one of the country’s greatest strengths. A focus on quality and value addition over volume and cheap production has seen the industry record years of growth in exports and revenues, particularly in the lingerie, swimwear and sportswear...
Articles & Analysis | Despite a decline of raw materials, rubber remains a strong driver of Sri Lankan industry from The Report: Sri Lanka 2016
Sri Lankan rubber has grown from humble roots as a small colonial export to the second most important plantation crop and one of the most successful value-added industries. One of the top rubber producing nations globally, Sri Lanka is also the world leader in solid tyre exports, while other niche products hold a sizable portion of the global...
Articles & Analysis | Investment incentives and pro-business policies bolster prospects of Sri Lankan industry from The Report: Sri Lanka 2016
Buoyed by its powerhouse apparel, tea, coconut, rubber and gemstone segments, Sri Lanka’s industrial sector has recorded significant expansion in export volumes and earnings in recent years. Although rubber and tea have been impacted by falling global commodities prices and volatility in key export markets, rising demand for value-added...