The renovated Talpe Railway Station, officially opened on 2 January 2026, marks the completion of the first station under Sri Lanka’s Dream Destination Programme.
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Sri Lankan exporters are preparing for new EU sustainability and traceability requirements, including the Digital Product Passport (DPP), which will require QR‑based product data disclosure by 2027.
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Sri Lankan apparel exporters are actively pursuing stronger value‑chain integration with India, seeking quota‑free access and deeper collaboration as regional competition intensifies.
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Sri Lanka has formally indicated its intention to re‑apply for EU GSP+, with stricter future assessments expected to focus on practical implementation of labour, governance, and environmental standards.
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The Sri Lankan Government has intensified efforts to secure new FTAs and PTAs to improve market access for apparel exports, particularly in Asia, Africa, and emerging markets.
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Apparel exports declined modestly in January 2026, reflecting uneven global demand conditions.
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Sri Lanka’s apparel and textile exports crossed the USD 5 billion mark in 2025, recording year‑on‑year growth of over 5% despite global demand volatility.
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JAAF urges the government to delay the removal of the SVAT system until VAT refund mechanisms are fully ready. A smooth transition is vital to support Sri Lanka’s apparel exporters.
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Coats International Global CEO Rajiv Sharma says he is confident that Sri Lanka’s apparel industry will rebound and the economy will bounce back. “It’s actually happening as we speak, despite the last three months of unrest and confusion,” he said.
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Coats Global CEO Rajiv Sharma with the team in Sri Lanka during his recent visit to the country Coats Global CEO Rajiv Sharma was in Sri Lanka recently, on a flying visit which covered a tour of the Coats plant in Horana and the local…
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