report in DSaily FT, Oct 23, 2023Sri Lanka’s main export engine, apparel, saw its shipments plunge further in September worsening the sector’s status quo. Apparel exports in September were down sharply by 26% to $ 332 million whilst performance in the first nine months was down by 20.5% to $ 3.4 billion. “September was a bad month. The industry was hoping to see some signs of slight recovery but that may now be October at…
Posts tagged as “plunge”
Reuters in Dawn, August 18th, 2023THE International Committee of the Red Cross (ICRC) is likely to end the financial running of 25 Afghan hospitals by the end of August due to funding constraints, a spokesperson said, amid growing concerns over a plunge in aid to Afghanistan. “Although we continue to engage with government ministries, donors, and organisations to find alternative sustainable support mechanisms for the hospital sector, the phase-out of the Hospital Programme is expected…