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'Shake off the shock to the system, rethink the SME ecosystem' – The Island - Vimarsana News

'Shake off the shock to the system, rethink the SME ecosystem' – The Island

Agility, adaptability and resilience have been hallmarks of the apparel industry SMEs. It’s time to build that up further By Rantha Tissera Treasurer, Sri Lanka Chamber of Garment Exporters and Managing Director of Estilo Apparel In Sri Lanka, small business is a very big deal. The numbers tell the story. The Department of Census and […]

Source: island.lk
Strengthening Sri Lanka's apparel SME reliance is good for everyone - Adaderana Biz English - Vimarsana News

Strengthening Sri Lanka's apparel SME reliance is good for everyone - Adaderana Biz English

By The Joint Apparel Association Forum (JAAF) Micro, small and medium enterprises (MSMEs) are the backbone of any economy, and that is certainly true for Sri Lanka. MSMEs make up more than 90% of all non-agricultural business establishments in the country and generate 52% of GDP. They also account for 47% of all employment in...