The retail sector in Sri Lanka is set for rapid development. Shopping is becoming increasingly convenient as modern outlets become more numerous, new malls are being built and an increasing number of global brands are arriving in the country. Meanwhile, the growing tourism industry is bringing not only money but also the culture of shopping....
Sri Lanka has a long history of developing economic zones, including export processing zones (EPZs), industrial parks (IPs), industrial estates, and special economic zones (SEZs). These areas are considered vital for attracting investment and building industry. Sri Lanka currently has 10 EPZs and two IPs throughout the country. They offer a...
Industry in Sri Lanka has developed over the years by taking the high road. In part driven by necessity, the country has tended to avoid low-margin, high-volume production in favour of value addition and customisation. The result has been solid demand for its goods and a strong international reputation. Meanwhile, investment in infrastructure has improved the operating environment, reforms are...
As the government continues its expansive reform agenda with Vision 2025, Sri Lanka’s economy is expected to record moderate improvements in 2018.
With a track record of employment creation outside the capital and strong export figures, textile manufacturing has long been a significant part of the national economy. A combination of competitive labour costs, well-trained human resources and proximity to European markets has made Tunisia a preferred destination for clothing manufacturers....
A combination of political instability, falling consumer confidence and a currency devaluation has translated into inconsistent performance for Tunisia’s retail sector in recent years. However, despite the difficulties, the formalisation of distribution networks, and the increase in global brands and food franchises continues to expand modern...
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