Country Hub Update: Sri Lanka

April 28, 2020

Sri Lanka is now in its sixth week of lock down/curfew.  The number of patients has increased to 580 with just over 200 of those patients being tested positive in the last four days. The cause for concern within this statistic is that 180 of those who have tested positive in the last few days are personnel from the Navy who have been assisting on the front line with the quarantine effort. All cases so far are restricted to one camp although there is concern that that it has spread in the barracks.

The Stock Market remains closed and business sentiment remains low, however there have been encouraging signs in the apparel sector which is starting to get a stream of PPE orders. However this is a lower yielding product than what they have been producing thus far.

Younus Hamza, CWEIC Country Director, Sri Lanka