Mon, 04 Jul 2022 Today's Paper

MAS Holdings chief says crisis of this magnitude not seen in lifetime

28 March 2020 12:08 am - 1     - {{hitsCtrl.values.hits}}

A A A

MAS Holdings Chairman Mahesh Amalean in a Twitter message yesterday stressed the seriousness of the COVID-19 crisis and its impact on Sri Lanka’s as well as the global economy.
“In my lifetime, I have never experienced a crisis of this magnitude that has impacted the lives of so many people around the world and is disrupting the world’s economy. “We must stand together as organizations, countries and a global community that is facing a common crisis,” his Twitter message read.


“We, as individuals have a responsibility to stay calm, remain patient and support the government and healthcare professionals on the front lines. We owe them all a debt of gratitude for their courage and service,” it added.


MAS Holdings is one the top three apparel exporters in the country.


Sri Lanka’s apparel sector is hardly hit by the COVID-19 crisis, firstly with issues in connection to procuring raw materials from China and now with cancellation of orders by European and American buyers.


Bulk of Sri Lankan garment exports goes to the USA and European Union countries. 


 Apparels are Sri Lanka’s biggest merchandise export and generated export revenue of US$ 5.3 billion in 2019, up 5.1 percent from a year ago.

 

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  Comments - 1

Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.

  • sujith samantha Thursday, 30 April 2020 08:53 AM

    Well Said !


Add comment

Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

Reply To:

Name - Reply Comment




Order Gifts to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Vegetables, Grocery, Flowers, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,News, Courier/Delivery, Food Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka.

 

Sell your vehicle & house fast with hitad.lk only cost is Rs.400, Advertise in Hitad.lk for free to sell your mobile phone. Want to sell your Pet, Advertise for Free in hitad.lk Search for Houses in Sri Lanka and find the best place through Hitad.lk find your best tuition place. Find the best partner for you, visit hitad.lk Find anything at any time hitad.lk.