Business
Job market outlook for apparel sector remains neutral
Hiring jumps in food and beverages sector anticipating upcoming festival demand
According to the latest Purchasing Managers’ Index of the Central Bank, employment in the manufacture of textile and wearing apparel sector remained in the neutral threshold during the month of February 2021.
However, employment expanded at a higher rate in February compared to January, particularly in the manufacture of food & beverages sector, in-line with increase
in production, the report indicated.
The report further states: “Manufacturing PMI sustained its expansion in February 2021 recording an index value of 59.4, owing to the expansion in production and new orders. Further, stock of purchases and employment as well as suppliers’ delivery time remained expanded supporting to sustain the overall manufacturing sector PMI at an elevated level.”
“Production sub-index increased during the month, especially in the manufacture of food and beverages sector, anticipating the upcoming festival demand while new orders
recorded a high index value. Further, the manufacture of textile and wearing apparel sector also recorded healthy index values with regard to new orders and production.”
“Although Production expanded at a higher pace, the stock of purchases expanded at a slower rate mainly due to the piled-up stocks during the previous month, owing to anticipated supply disruptions due to Chinese New Year holidays.”
“Further, the suppliers’ delivery time sub-index lengthened at a slower pace
during the month. Expectations for manufacturing activities in the next three months
remained at improved levels with the expectation for the normalisation of economic activities within the country as well as in major export markets.”
“Services PMI increased to 56.5 in February 2021 indicating a further improvement in
the services sector. This increase was underpinned by the expansions observed in new
businesses, business activities and expectations for activity. New businesses increased in February 2021, particularly with the improvements observed in financial services, other personal services and real estate activities sub-sectors.”
“Business activities in the services sector increased in February 2021 for the third consecutive month. Transportation and financial services sub-sectors recorded an improvement during the month with the normalisation of economic activities. Further, the business activities in education sub-sector expanded in February 2021 due to
new intakes of students to higher education institutes after G.C.E. Advanced Level examination. Moreover, other personal services and real estate activities sub-
sectors also experienced an increase in business activities in February 2021,” the report said.
Business
Private taxi operators at BIA call for speedy rental relief as tourist arrivals dwindle
Private taxi operators at Bandaranaike International Airport are calling for urgent rental relief, stating that they are struggling to sustain operations after paying nearly Rs. 19 million in monthly rental fees amid a sharp decline in tourist arrivals during the off-season.
The operators said tourist arrivals have dropped by nearly 80%, severely affecting their income and making it difficult to continue meeting high operational costs.
“Only a small number of tourists are now arriving at the airport, and a majority of them are being taken by metered taxi operators, who pay only around Rs. 700 per ride as fees to Airport and Aviation Services, an operator said.
According to the operators, the six long-standing private taxi service providers at the airport each pay monthly rentals ranging from approximately Rs. 2.9 million to Rs. 4 million. In addition, they are required to maintain a minimum a fleet of six vehicles along with dedicated airport staff.
“What we are requesting is a temporary reduction in monthly rental payments for around three to four months until tourist arrivals improve and the industry returns to normal, they said.
The operators noted that they have been operating at the airport for more than two decades, providing transport services to both local and international travelers, while metered taxi services entered the airport transport sector only about two years ago.
They also alleged that metered taxi operators have been granted more favourable operating conditions and questioned the process through which those operators were allowed to operate at the airport.
Operators argue that the present financial burden has become unsustainable, given the sharp drop in business volumes and what they describe as an uneven competitive environment within the airport transport system.
“What we are requesting is a 50% reduction in monthly rental fees for a period of at least three months, they said.
They also raised concerns about the quality and condition of some vehicles operated by metered taxi providers.
“Passengers are often unaware of the condition of some of these vehicles until they enter them, which can compromise safety standards, one operator claimed.
In contrast, the private airport taxi operators say they maintain newer vehicles and employ experienced, professionally trained drivers to ensure higher standards of passenger safety and service quality.
The operators warned that failure to address the issue could have wider economic and social consequences. The six service providers collectively employ around 250 staff, and continued financial pressure may lead to job losses and a reduction in organised airport transport services.
By Hiran H Senewiratne
Business
Refurbished AAC Call Box declared open
The operation of Automobile Association of Ceylon(AAC) Call Boxes, in the past had provided yeoman service to many motorists including during the era of British planters. AAC services for members are a motoring security when they travel.
The Call Box in Nuwara Eliya was recently refurbished to provide a better and improved service to the Members in the area and the touring public. Now from this Call Box the motorists could get Road Side Assistance, Valuation Reports, Technical Advice and also issuance of International Driving Permits.

The refurbished Call Box at Nuwara Eliya was declared open by Dhammika Attygalle, President of the Association in the presence of S V Ganesh – Vice President, several Executive Committee members, Puthrasigamani, Life Member of the Association, Eng. C S Samarasekera of RDA- Nuwara Eliya, Devapriya Hettiarachchi, Secretary (AAC) and Eng. C L Liyanasuriya – Chief Engineer(AAC).
The services from the Nuwara Eliya Call Box are available from 8.00am to 5.00pm.
Call Technical Officer Sampath Madagama on 0767315696.
Business
Ceylon Chamber of Commerce to host Sri Lanka Climate Summit 2026
From Risk to Opportunity: Mainstreaming Climate Action into Sri Lanka’s Growth Story
As climate rules tighten globally and investor expectations shift from commitment to compliance, climate action is now directly tied to trade, competitiveness, and access to finance. Against this backdrop, The Ceylon Chamber of Commerce will host the second edition of the Sri Lanka Climate Summit on 9 June 2026 at the Taj Samudra Hotel, convening policymakers, industry leaders, financiers, and technical experts to focus on pathways for integrating climate action into Sri Lanka’s growth story.
Held as a biennial platform, the Summit returns this year under the theme “From Risk to Opportunity: Mainstreaming Climate Action into Sri Lanka’s Growth Story.” While the inaugural edition in 2024 focused on building awareness and advocacy, the 2026 Summit shifts the conversation toward implementation, technical readiness, and compliance as climate-related obligations begin to directly influence access to markets, finance, and investment.
Rather than treating sustainability as a standalone agenda, this year’s discussions will explore how climate considerations are becoming embedded across core areas of business and economic decision-making, from infrastructure and trade to finance, governance, digitalisation, agriculture, and supply chains.
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