Sri Lanka to revive handloom craft
Aug 03, 2011 (LBO) – Sri Lanka plans to revive its handloom textile industry in the war-torn north-east with a project modelled on the Rwandan Peace …
Apparel
Sri Lanka Finco exits apparel firm
Aug 01, 2011 (LBO) – Sri Lanka’s Finco group has sold a controlling stake in listed Orient Garments to PC House Holdings, an unlisted firm and its …
Sri Lanka Brandix gets latest energy management standard
July 20, 2011 (LBO) – Sri Lankan apparel exporter Brandix has got latest global energy management certification less than a month after its release which …
Sri Lanka Textured Jersey IPO oversubscribed by three times
July 18, 2011 (LBO) – Sri Lankan fabric supplier Textured Jersey Lanka’s initial public offer of 80 million shares to raise 1.2 billion rupees drew …
Sri Lanka apparel maker to invest US14mn in Bangladesh unit
July 16, 2011 (LBO) – Sri Lanka’s Brandix apparel group, will invest 14 million US dollars in a garment manufacturing unit in Bangladesh’s …
Sri Lanka Finco cuts stake in newly listed apparel firm
June 30, 2011 (LBO) – Sri Lanka’s Finco group has reduced its stake in Orient Garments, a newly-listed apparel subsidiary, when it began trading …
Sri Lanka apparel exports recovery faster than expected: exporter
June 27, 2011 (LBO) – Sri Lanka is seeing a surge in demand for apparels abroad which may allow the sector to meet industry targets earlier than planned, …
Sri Lanka apparel firm to trade from June 29
June 28, 2011 (LBO) – Orient Garments, Sri Lanka’s firm apparel manufacture to be listed on the Colombo Stock Exchange will be offered for trading …
Sri Lanka apparel exports recovery faster than expected: exporter
June 28, 2011 (LBO) – Sri Lanka is seeing a surge in demand for apparels abroad which may allow the sector to meet industry targets earlier than planned, …
Sri Lanka consolidating knit fabric niche
June 27, 2011 (LBO) – Sri Lanka is fast becoming a niche producer of knitwear with the with finished products exports growing faster than those with …
Sri Lanka seen luring back apparel buyers
June 27, 2011 (LBO) – Sri Lanka has begun luring back foreign apparel buyers who shifted to other Asian producers following the global economic crisis …
Sri Lanka Orient Garments 11-month net up 9.7-pct to Rs96.7mn
June 23, 2011 (LBO) – Orient Garments that is to list on Colombo Stock Exchange’s second board made a net profit of 96.7 million rupees in the 11 …
Sri Lanka textile firm to raise Rs1.2bn in July IPO
June 20, 2011 (LBO) – Textured Jersey Lanka, a Hong Kong Sri Lanka joint venture textile firm said it is raising 1.2 billion rupees in an initial public …
Sri Lanka Textured Jersey to expand fabric production
June 20, 2011 (LBO) – Sri Lankan fabric supplier Textured Jersey Lanka plans to use funds raised through a private placement and a forthcoming public …
Sri Lanka to see first garment factory listing
June 07, 2011 (LBO) – Orient Garments Limited, a unit of Sri Lanka’s Finco group of companies will be listed on Colombo Stock Exchange’s …
Sri Lanka Kuruwita Textile slips back into the red
June 06, 2011 (LBO) – Sri Lanka’s Kuruwita Textile Mills slipped back into the red in the financial year to March 2011 with sales also down and a …
Sri Lanka fabric maker makes US$7mn annual loss
May 12, 2011 (LBO) – Sri Lankan fabric maker Hayleys MGT Knitting Mills made a loss of seven million US dollars in the financial year ended March 2011 …
Bangladesh mulls clothes factories in jails
DHAKA, May 11, 2011 (AFP) – Bangladesh’s prison authorities on Wednesday announced plans to set up garment factories in the country’s …
Sri Lanka made ‘carbon neutral’ bra goes on sale: report
Apr 13, 2011 (LBO) – The world’s first ‘carbon neutral’ bra, made at an eco-friendly factory Sri Lanka that uses hydro electricity, is …
Sri Lanka lingerie brand sees strong sales in India
Apr 08, 2011 (LBO) – Sri Lankan apparel exporter MAS Holdings has said sales of its Amante lingerie brand are growing strongly in India and that it hopes …