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Wednesday September 29th, 2021

Sri Lanka apparel firms build care centres, 50-pct of workers vaccinated with two doses

Apparel sector had helped build 11 Covid-10 care centres where 4,500 beds are available for workers

6 min read

Sri Lanka apparel exporters boost supply chain transparency, lifts ethical branding

The industry association has revamped its website and logo recently

6 min read

Sri Lanka's Teejay Lanka profits Rs310mn as Powell Bubble drives cotton

Strong order book, rising raw material costs

6 min read

Sri Lanka Olympic team dressed by LOVI in sarongs and sarees

The collection to represent unity

6 min read

Sri Lanka vaccinates 30-pct of apparel workers, 50-pct targeted by July

Hopes vaccinate the entire workforce before the end of 2021.

Kenya unit of Sri Lanka's Hela Clothing switches to PPE, provides work in pandemic

Hela Clothing creates over 2,000 jobs in Kenya during the pandemic

Sri Lanka apparel sector ready to pay for worker Coronavirus vaccines

Sri Lanka's apparel exporters are ready to bear the cost of vaccinating 350,000 workers if the government could help sou...

2 min read

Sri Lanka plantations firms propose wage model

Sri Lanka's Regional Plantations Companies have proposed a wage model which they say allows daily wage f 1,105 rupees in...

2 min read

Sri Lanka Femtech advances by MAS wins global recognition

Sri Lanka's MAS group said it had been recognized for advancements in female centric technology (FemTech) that improved ...

Mahadiya Hamza

4 min read


Sri Lanka fashion and design show to go virtual in 2021

Sri Lanka Design Festival, an annual event showcases fashion, design technology, knowledge sharing, art and creativity w...

2 min read


Brandix workers probably got Covid from a foreign source - Minister

Sri Lanka’s Minister tasked with dealing with the Covid 19 pandemic Dr Sudharshini Fernandopulle believes that staff a...

2 min read

Sri Lanka's Hirdramani group detects Covid-19 in Eheliyagoda factory

Sri Lanka's Hirdramani group said six employees at a factory in Eheliyagoda have tested positive for Covid-19, other sta...

2 min read

Sri Lanka's Hirdramani group says one Covid-19 staffer positive in a factory

Sri Lanka's Hirdramani group says it is contact tracing and conducting more tests after a staffer was confirmed with Cor...

1 min read

Sri Lanka Coronavirus cluster tops 2000, KEPZ factories reach 170 Covid-19 cases

Sri Lanka's expanding Minuwangoda Coronavirus cluster reached 2014 on October 16 with 115 cases confirmed during the day...

2 min read

Covid second wave must be blamed on government not Apparel-Maker – Opposition MP

The Opposition is saying the government is trying to blame Brandix for the second wave of Covid 19 infections while the ...

Imesh Ranasinghe

3 min read

South Asia’s Garment export sector needs regional outlook, new markets

COVID -19 or not, South Asia’s readymade garment sector needs to strengthen its regional ties and explore new markets ...

Kshama Ranawana

7 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 200.0335 200.0000
UK Pound 274.0359 273.3300
Euro 233.8592 234.3800
Aus Dollar 145.6500 145.6500
Yen 1.8006 1.8077
Source: Central Bank/Indicative
Latest Last
Indian Rupee 2.7096 2.7093
Korea Won 0.1693 0.1701
Oman Rial 519.5743 519.4873
Saudi Riyal 53.3280 53.3205
UAE Dirham 54.4583 54.4492
Source: Central Bank/Indicative
pts %
S&P SL20 3,416.12 2.04%
CSE All Share 9,269.65 3.69%
Turnover Rs million. 2,191,558,044.10 6,774,922
Source: CSE
Latest Last
3-m bill 6.03 5.91
6-m bill 6.06 5.95
12-m bill 6.15 6.02
5-yr bond 9.09 8.90
8-yr bond 9.50 9.26
Source: Central Bank/Indicative
today yesterday
Overnight Money 5.11 5.11
Gilt Repo 5.14 5.14
I-m SLIBOR - -
Source: Central Bank/Indicative

Tens of thousands in the Katunayake FTZ can catch Covid – Workers' Bodies

A Collective of Workers Organisations representing Garment Factory staff is warning that around 50,000 employees in fact...

2 min read

Sri Lanka apparel industry congratulates government; says facing worst time in 40 years

Sri Lanka's Joint Apparel Association forum has congratulated President Gotabaya Rajapaksa and Prime Minister Mahinda Ra...

3 min read

Sri Lanka's Teejay expects supply chain shake-up, lower cotton prices to help

Sri Lanka's Teejay Lanka Plc, a weft-knit fabric maker for foundation garments which shifted to mask cloth during a Coro...

2 min read

Sri Lanka should sell more to Asia in a post-COVID 19 scenario – Pathfinder Foundation

The Pathfinder Foundation, a think tank advising the government, wants Sri Lanka to sell more to Asia which it calls the...

3 min read

President warns Bankers he will remove those who do not follow government guidelines and “fall in ...

President Gotabaya Rajapaksa is saying that the government is facing criticism that the banking system has not passed do...

2 min read

Sri Lanka import controls, Covid-19 cargo logjam hit apparel exporters

Sri Lanka's apparel exporters are facing difficulties in obtaining essential items for manufacturing due to import contr...

Mahadiya Hamza

5 min read

Standard Chartered Sri Lanka finances MAS group to make Covid-19 face masks for US

Standard Chartered Sri Lanka said it had provided an 11 million US dollar credit from a concessionary Covid-19 facility ...

2 min read

Sri Lanka apparel exporters get some orders as Coronavirus lockdowns ease in the West

Orders are beginning to trickle into Sri Lanka's apparel export firms as Coronavirus lockdowns are eased in the West and...

Mahadiya Hamza

3 min read

Sri Lanka starts shipping 200mn face mask made by Brandix to the United States

Sri Lanka's Brandix, a top apparel group said it had started shipping 200 million face masks to made at its factories to...

3 min read

Brandix apparel plants in Sri Lanka, India making PPE in Covid-19 battle

Sri Lanka's Brandix, an apparel group with operations in India and Bangladesh is turning its factories into making perso...

2 min read

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