Sri Lanka to host power, renewable energy expo in June
May 12, 2010 (LBO) - Sri Lanka will play host to more than 50 firms in power generation, transmission, and renewable energy at an exhibition in June targeted …
Apparel
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Sri Lanka Brandix opens apparel export hub in India
May 04, 2010 (LBO) - Sri Lankan apparel exporter Brandix has opened a 1,000-acre 'Apparel Park' in India to serve as a hub for manufacturers and suppliers in …
Sri Lanka police arrest counterfeiters, says clothing brand
May 03, 2010 (LBO) - Sri Lankan police have arrested several people for intellectual property rights violation after a raid on a factory making fake designs of …
Sri Lanka to get Courtaulds clothing plant
Apr 29, 2010 (LBO) - Courtaulds Clothing has signed an agreement with Sri Lanka's Board of Investment to set up a plant to manufacture knitted fabric for the …
Sri Lanka apparel exporter cuts chemical use, costs
Apr 26, 2010 (LBO) - Brandix, one of Sri Lanka's top apparel exporters, said it aims to cut chemical use by about a quarter and reduce costs through a deal …
Sri Lanka apparel exporter gets ready for carbon footprint rules
Apr 02, 2010 (LBO) - Sri Lankan apparel exporter Brandix said it is investing more to cut energy costs and carbon emissions and comply with anticipated laws in …
Sri Lanka gets more garment factories
Feb 19, 2010 (LBO) – The Board of Investment, Sri Lanka’s investment promotion agency, said it has given approval for investors, including a Hong …
Sri Lanka Kuruwita Textiles profits up on cost cutting
Feb 19, 2010 (LBO) – Sri Lanka's Kuruwita Textile Mills said tight cost control helped generate a net profit of 81.7 million rupees in the December …
Sri Lanka apparel costs seen rising with loss of EU access
Feb 16, 2010 (LBO) – Sri Lankan exporters of apparel, the island’s main industrial export, said the withdrawal of European Union trade benefits …
Sri Lanka rural businesswomen helped by Gap
Feb 10, 2010 (LBO) – Sri Lankan women entrepreneurs in two rural districts are getting soft loans and technical help under a program support by an …
Sri Lanka fabric firm hit by lower prices, smaller orders
Feb 01, 2010 (LBO) – Sri Lankan fabric manufacturer Hayleys MGT Knitting Mills said December quarter profit fell sharply owing to lower prices and loss …
Sri Lanka to get solar power plant from Korea
Jan 20, 2010 (LBO) - Sri Lanka is getting a 500 kiloWatt solar power plant from Korea which will be built in Hambantota in the south of the island and used to …
Sri Lanka Brandix says price cuts helped apparel sales
Dec 30, 2009 (LBO) – Sri Lanka’s Brandix group, which supplies top Western fashion brands, said price cuts had helped increase apparel sales …
Sri Lanka MGT Knitting ‘BBB+(lka)’ rating confirmed, outlook negative
Nov 30, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed Hayleys MGT Knitting Mills' (HMGT) National Long-term rating at 'BBB+(lka)' and lowered the …
Sri Lanka MAS lingerie brand Amante to break even next year
Nov 29, 2009 (LBO) - A Sri Lanka launch may be on the cards within the next two years for MAS lingerie brand Amante, as the venture breaks even next year, led …
Sri Lanka apparel sector needs GSP plus: workers
Nov 12, 2009 (LBO) - Claims that alternative markets can be found if Sri Lanka loses European Union trade concessions are a 'joke' and if human rights are …
Sri Lanka state utility to buy 50MW of wind power
Oct 08, 2009 (LBO) - Sri Lanka's state-run power utility has given the nod for 50 MegaWatts of wind power to be developed by five parties in the north-western …
Sri Lanka power IPO hits Rs28 on opening day
Oct 08, 2009 (LBO) - Sri Lanka's Hemas Power hit a high of 28 rupees when it began trading Thursday, but ended at 24 rupees, 20 percent up on its issue price …
Sri Lanka Hayleys ups stake in fabric unit
Sept 24, 2009 (LBO) - Sri Lanka's Hayleys group said it has increased control of its fabric manufacturing unit, Hayleys-MGT Knitting Mills, after a mandatory …
Sri Lanka apparel exporter goes east
Sept 02, 2009 (LBO) - A big Sri Lankan apparel exporter has set up a new factory in the east after it was cleared of Tamil Tiger rebels, saying its main baby …