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Sri Lanka floods expected to cost at least $1.5 billion

2016-05-23 12:03:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: The cost of Sri Lanka's landslides and floods will be between $1.5 billion and $2 billion at the minimum, the government said on Monday, as the Indian Ocean island struggles to recover from its worst natural disaster since the 2004 Asia tsunami. The official death toll has risen to 92 but 109 people are feared to have been buried in landslides. Days of torrential rain forced more than 350,000 people from their homes, though many were returning on Monday. Finance Minister Ravi Karunanayake...

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US looks to boost trade with Sri Lanka

2016-05-03 16:03:00| Daily apparel & textile news and comment - from just-style.com

The US and Sri Lanka last week adopted a joint action plan to boost bilateral trade and investment between the two countries over the next five years - including strengthening worker rights and promoting ethical and environmentally sustainable manufacturing, especially in Sri Lanka's ready-made garment sector.

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Sri Lanka Telecom to launch OTT entertainment platform

2016-04-21 04:00:04| Digital TV News

Sri Lanka Telecom (SLT) has announced that the company is to offer an OTT entertainment streaming service. SLT has partnered with Hungama Digital Media Entertainment and Evoke International for the launch.

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Sri Lanka Braces for Extreme Heat

2016-04-07 07:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Inter Press Service: Sri Lanka is facing the heat from a scorching sun for the past one month. In recent times, the country has imposed power cuts after almost a decade. The main reason was the stoppage at a coal power plant, but engineers at the Ceylon Electricity Board (CEB) admit that the islands hydro-power generation capacity is at such a critical low that without additional coal, diesel and renewable generation, the countrys full demand for power cannot be met. In the south of the country, sea water has been...

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U.S. Apparel Import Prices in 2015: China vs. India, Indonesia, Vietnam, Bangladesh, Sri Lanka, Pakistan, Mexico and Honduras

2016-02-25 21:07:34| EmergingTextiles.com

Unit prices of US apparel imports have slightly fallen overall in 2015, with however significant differences depending on origins and product categories, reflecting the great divide between the world of synthetic fibers (China, Vietnam, Indonesia) and the group of cotton apparel suppliers (South Asia). Our series of statistical tables offer a comprehensive comparison of unit values per origin and product category. The report also includes a detailed comparison of Chinese price trends vs other origins, through a series of indexes. Our full table is available for download.

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