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Not many pluses; Sri Lanka.
- Article from:
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The Economist (US)
- Article date:
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August 16, 2008
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Copyright informationCOPYRIGHT 2008 Economist Newspaper Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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A brutal military campaign threatens Sri Lanka's exporters
AT A lingerie factory in Pannala, in Sri Lanka's Western Province, lines of women in red work-coats, red headscarves and face-masks are stitching knickers. These garments, bound for British high streets, represent one of Sri Lanka's strengths: an innovative garment industry, which accounts for 67% of total industrial output and the equivalent of 10% of GDP. The factory's owner, MAS Holdings, Sri Lanka's biggest garment-maker, employs 45,000 Sri Lankans, and had revenues of $700m last year.
Seen from here, Sri Lanka's big weakness--the 25-year war between the Liberation Tigers of Tamil Eelam (LTTE) and the ...
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