JAAF Archives - Page 3 of 6 - Lanka Business News

September 13, 2023

12th September 2023: The Joint Apparel Association Forum (JAAF) welcomes the recent cabinet approval for the deferment of the Simplified Value-Added Tax (SVAT) scheme, set to now take effect from April 1st, 2025. JAAF is particularly appreciative of the decision to ensure that a “strong tax repaying mechanism” is in place before […]

July 6, 2023

JAAF commends revisions made to off-peak industrial electricity tariffs 9% industrial tariff welcomed; JAAF hopes for higher reductions 6th July 2023: The Joint Apparel Association Forum (JAAF) welcomes the recent revisions made to electricity tariff for the July – December period by the Public Utilities Commission (PUCSL). JAAF specifically welcomes the […]

June 23, 2023

JAAF confounded by the CEB and PUCSL for constantly overlooking industry submissions and cautions on electricity tariff hikes CEB fails to extend industrial electricity tariff reductions to Sri Lanka’s largest forex earner 23rd June 23: Electricity tariff revisions proposed by the Ceylon Electricity Board (CEB) for the period July to December 2023 […]

June 12, 2023

Questions timing, given current climate of decline in exports Abolishing of SVAT is revenue neutral to the Government Urges Government to shield sector from needless internal shocks 9th June 2023: The Joint Apparel Association Forum (JAAF) expresses its deep concern and disappointment on the recent decision to end the long and well-functioning […]

June 9, 2023

Questions the timing, given the current climate of decline in exports. Abolishing of SVAT is revenue neutral to the Government. Urges Govt to shield the sector from needless internal shocks. 9th June 2023: The Joint Apparel Association Forum (JAAF) hereby expresses its deep concern and disappointment regarding the recent decision to end […]

April 6, 2023

JAAF is a key partner to the Responsible Fashion Summit that aims to define Sri Lanka apparel as an industry that prioritizes sustainable practices for a greener future The forum is a significant opportunity to showcase the industry’s designs, innovation, sustainability and circularity. 5th April 2023: ‘Journey Towards Zero Waste’ was […]

April 3, 2023

On Thursday (30th March 2023), a group of individuals launched a vicious and heinous attack on the Managing Director and a security official of an apparel factory in Halpe, Katana. The Joint Apparel Association Forum (JAAF) vehemently condemns this cowardly attack and calls for an impartial investigation and swift legal action from […]

March 31, 2023

Chairman of JAAF stresses need to create environment to facilitate ease of doing business Reiterates confidence placed in Sri Lanka’s apparel sector to deliver Emphasises that industry will have to be relevant to be competitive amidst a volatile economy Calls for an increase in Sri Lanka’s ease of doing business 31st March […]

March 17, 2023

Believes assurances received by China, India and Paris Club creditors are signs of attaining stability Commends progress made by Sri Lankan authorities in securing financing assurances March 16, 2023: The Joint Apparel Association Forum (JAAF) welcomes the progress made by the Sri Lankan authorities in securing financing assurances from China, India and […]

February 21, 2023

JAAF is perplexed by PUCSL overlooking the industry’s submissions and cautions. Current tariff increase based on speculative increasing demand, despite trends showcasing reduced demand 20th February 2023: The Public Utilities Commission (PUCSL) granted approval to a 66% electricity tariff hike effective 15th February 2023, resulting in exponential increases in costs in the […]

JAAF welcomes the Government’s decision to defer removal of SVAT

JAAF welcomes PUCSL’s recent revisions to electricity tariffs

JAAF dismayed by zero revisions made to industrial electricity tariff rates

JAAF says Government decision to terminate SVAT detrimental to apparel exporters

JAAF says Govt Decision to terminate SVAT detrimental to apparel exporters

JAAF reinforces commitment to ‘Journey Towards Zero Waste’ at Responsible Fashion Summit

The Joint Apparel Association Forum decry assault at a factory in Katana, and demand swift legal action

Enabling competitiveness is critical to ensuring an export-led economy: JAAF Chairman Sharad Amalean

JAAF Welcomes Progress in Securing IMF Fund Facility

JAAF Denounces PUCSL-Approved 66% Electricity Tariff Hike