Sri Lanka’s Koggala EPZ earns USD122 Mn in 2017
Mar 14, 2018 (LBO) - The Board of Investment's (BoI) Koggala Export Processing Zone (KgEPZ) contributed US 122 million dollars worth of exports earnings in …
Apparel
Colombo Fashion Week Brings Together Other Creative Industries
Celebrates Expression through Collaborations Celebrating other creative industries and their expression through fashion has been one of the focus' of HSBC …
Sri Lanka GDP down to 3.3-pct in Q3
Dec 16, 2017 (LBO) - Sri Lanka's Gross Domestic Product growth rate for the third quarter of 2017 has been estimated as 3.3 percent, slower than 4.6 percent …
Sri Lanka to make health care certificate for textiles compulsory
Dec 13, 2017 (LBO) – Sri Lanka’s cabinet nod has been received to make it compulsory to obtain a health care certificate for textile and garment products. …
Brandix named Sri Lanka’s Exporter of the Year for 5th successive year
Sept 15, 2017 (LBO) - The Brandix Group has topped Sri Lanka’s ranking of exporters for the fifth consecutive year in 2016 to be declared the country’s …
Hirdaramani Puthukudiyruppu factory achieves LEED platinum status
Aug 02, 2017 (LBO) - The Hirdaramani group's facility in Puthukudiyruppu has been awarded LEED Platinum certification established by the US Green Building …
Swim Week Colombo promotes green conscious fashion
Swim Week Colombo, presented by Olu tropical water, which concluded its 3rd edition with a new position of Green Conscious and Earth Sensitive set the tone for …
Amanté launches Spring/Summer 17 collection – PIC’s
(PRESS RELEASE) - Leading intimate apparel label amanté invites every woman to tap into the wanderer within, as it brings its Spring/Summer 2017 collection to …
Sri Lankan artist exhibition inspired by fashion to open CFW
Mar 10, 2017 (LBO) - Under the theme 'Celebrate Colombo,' Colombo Fashion Week (CFW) will include a new initiative called 'Art Connect' which will exemplify …
Teejay ends Q3 with revenue growth of 33-pct despite challenges
Press Release: The Teejay Group which recently consolidated its operations in Sri Lanka and the region under the single brand ‘Teejay,’ announced a strong …
South Asia Textiles embarks on USD3mn expansion
Nov 01, 2016 (LBO) - Textile manufacturer South Asia Textiles says it will extend its one billion rupee expansion program with a three million dollar …
EU team to visit Sri Lanka next week on GSP+ application
Oct 28, 2016 (LBO) - A four member delegation from the European Parliament will visit Sri Lanka next week to look at the groundwork laid for a successful GSP+ …
Textured Jersey executives meet investment funds in U.S.
Sept 19, 2016 (LBO) - Textured Jersey Lanka PLC executives Moiz Rehmanjee and Rodney Arland were in the U.S. last week to meet global investment funds, as part …
Sri Lanka’s Hela Clothing joins IFC’s trade supplier finance program
Aug 10, 2016 (LBO) - IFC, a member of the World Bank Group, has partnered with leading local apparel manufacturer Hela Clothing (Pvt) Limited to boost trade …
Textured Jersey Lanka net up 93-pct to Rs399 mln in quarter
Press Release: The TJL Group (TJ) has reported eight straight quarters of strong quarterly profit growth. The Q1 2016/17 performance has proved to be the …
Textured Jersey profit up 63 pct, eyes growth from acquisitions
July 26, 2016 (LBO) - Textured Jersey, a leading knitted fabric company, said profits after tax grew by 63 percent to reach 2.2 billion rupees in the year to …
Sri Lanka’s progress on commitments important for GSP+, euro 210 mn grants: EU
July 20, 2016 (LBO) – European Union has drawn the attention of Sri Lankan officials to the importance of continued positive progress in fulfilling Sri …
Brexit won’t have major impact on Sri Lankan apparel: Colombo Chamber
July 08, 2016 (LBO) – Sri Lanka needs to develop a strong local economy that is not vulnerable to changes caused by international incidents, president of …
In Pictures: Swim Week 2017 highlights new designs and Colombo port
Day 1 of Swim Week Colombo kicked off on Friday showcasing designs by Sri Lankan and international designers at the ECT Terminal of the Colombo Port. The …
Sri Lanka’s Royal Turf Club unveils plans for next racing season
June 23, 2016 (LBO) - Sri Lanka's Royal Turf Club (RTC) has several plans to popularize horse racing and the next racing season in Nuwara Eliya, with a …