GIS - 12 December, 2017: Government has taken note of the performance of the Export-Oriented Enterprises Sector for the period January to September 2017, as compared to the same period in 2016.
Increase had been recorded in the value of exports of textiles (Yarns and Fabrics), fish and fish preparations, medical devices, and watches and clocks. Growth had been recorded in exports to Spain, the Netherlands, Germany, and South Africa.
The Speed-to-Market Scheme, that was put in place to give a boost to the textile and apparel export to European countries, and enhance product delivery, has been extended to medical devices, jewellery, fruits, flowers, chilled fish, articles of leather, footwear, watches, and fabric plush toys.
Moreover, since September 2017, the Exchange Rate Support Scheme has been introduced to provide a buffer to export-oriented enterprises exporting in US dollar against downward fluctuation of the currency.
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