Stay updated with breaking news from Generalised System. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Global economic shocks that decimated apparel demand prompted factories to lay off workers in an industry that accounted for half of Lanka’s export revenue in 2022, said a report by The South China Morning Post yesterday. The report said: Sri Lanka’s garment sector made up almost half its export revenue last year, after remaining resilient […]
'The rand hitting a record low versus the dollar clearly highlights that investors have lost confidence in domestic policy makers in SA and are fearful that the US will impose sanctions,' said Lee Hardman.
Resilient to many of the negative effects of the war in Ukraine, Kosovo’s economy grew in 2022 and is expected to continue to grow through 2023 as exports increase and household consumption stays strong. By many metrics, Kosovo is one of the less developed economies in emerging Europe. The poorest region of Yugoslavia, Kosovo suffered […]
The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) yesterday again urged the European Union (EU) to extend the transition period of the Generalised System of Preference (GSP) from the current three years to six years.
The two leaders discussed matters of mutual interest