Sri Lanka: 50+ garment factories threaten temporary closure
Author: Ravi Ladduwahetty, Daily News, Published on: 9 March 2020
"Coronavirus takes heavy toll on apparel industry", 2 March 2020
The Coronavirus threat in China has further dealt a crippling blow on Sri Lanka’s apparel industry with 50 factories or more being threatened with temporary closure.
We are going through what would be a major crisis which should be resent for the next three months as nearly 50% of our members are threatening closure, at least temporarily due to the uncertainty prevailing over the supplies of raw materials to factories from China, Chairman of the Sri Lanka Apparel Exporters’ Association Rehan Lakhani [said]...