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Friday November 13th, 2026
Apparel

Sri Lanka's Teejay Lanka expands to Egypt

New entity in Egypt to engage in manufacturing fabric, manufacturing services and trading activities,

November 20, 2024 1 min read

Sri Lanka and Indonesia to jointly apply for UK tariff preference scheme

For their apparel exports to better benefit from the United Kingdom's tariff scheme for developing countries

October 29, 2024 2 min read

Apparel forum congratulates Sri Lanka's new President

JAAF said it looked forward to working closely with the new President and government to ensure apparel sector success

September 23, 2024 2 min read

Sri Lanka business visas crisis hurting recovery: exporter body

JAAF said business visitors are essential to the nation’s economic recovery,

September 9, 2024 2 min read
ADB team visits MAS Holdings' Fabric Park in Sri Lanka

“Partnerships with leading private sector companies like MAS are essential to driving sustainable growth and resilienc...

Sri Lanka apparel sector faces mass-unemployment, firms run out of cash

Many of Sri Lanka's apparel firms have run out of working capital and credit lines to pay salaries in April and mass une...

Mahadiya Hamza
April 21, 2020 6 min read

Sri Lanka apparel exports to lose US$1.5bn as Coronavirus cripple buyers

Sri Lanka’s apparel industry is expecting to lose 1.5 billion US dollars’ worth of revenue between March to June as ...

Mahadiya Hamza
March 31, 2020 4 min read

Sri Lanka apparel firms face uphill battle to make Coronavirus masks, million safety suites

Sri Lanka's apparel sector has turned their factories to make mask and protective equipment for frontline workers who ar...

Mahadiya Hamza
March 29, 2020 2 min read

Colombo Fashion Week in eco-friendly drive, riding Sri Lanka's status as production hub

Sri Lanka has an opportunity to combine both design and manufacture of apparel to serve customers with eco-friendly prod...

Mahadiya Hamza
March 9, 2020 3 min read

Sri Lanka apparel exporters see orders slashed as Coronavirus spread to markets in Europe

Apparel exporters in Sri Lanka, already battered by disruptions of raw materials from China which may trigger factory cl...

Mahadiya Hamza
March 3, 2020 3 min read

Sri Lanka exporters buckle-up for Coronavirus hit on China supply chain

Export industries in Sri Lanka which depend on inputs from China are looking for alternative source markets as a Coronav...

Mahadiya Hamza
February 18, 2020 4 min read

Paypal gap holds back Sri Lanka's online fashion aspirations

Sri Lanka's apparel firms that have built brands and would like to sell online are constrained by the lack of Paypal or ...

Mahadiya Hamza
February 17, 2020 3 min read

Sri Lanka's Star Garments achieves carbon neutrality

Star Garments group, owned by the US-based Komar is now CarbonNeutral certified for its entire portfolio of 14 factories...

Tania Madies
January 25, 2020 3 min read

Sri Lanka apparel exports to slowdown till April after record 2019

Sri Lanka's garment exports are expected to drop till April 2020 due to poor conditions in key markets after growing 5.1...

January 22, 2020 2 min read

Sri Lanka apparel exports up 2.8-pct in Nov with investments in production

Sri Lanka's apparel exports grew 2.8 percent to 459 million US dollars from a year earlier in November 2019 due to an in...

Mahadiya Hamza
January 13, 2020 2 min read
Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 332.3603 330.8514
UK Pound 440.9424 438.3450
Euro 368.4879 371.0168
Yen 2.0805 2.0916
Aus Dollar 227.4342 231.1659
Source: Central Bank/Indicative
Latest Last
Indian Rupee 3.5474 3.4202
Korean Won 0.2492 0.2479
Oman Rial 863.2287 859.3320
Saudi Riyal 88.5586 88.0955
UAE Dirham 90.4874 90.0766
Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
CSE All Share 22,157.40 +0.56%
Turnover Rs 2975.05 million 1193.67 million
Source: CSE
Latest Last
3-m bill 7.61 7.84
6-m bill 7.91 8.26
12-m bill 8.23 8.3
3-yr bond 9.24 9.25
5-yr bond 9.82 9.56
8-yr bond 10.50 10.48
Source: Central Bank/Indicative
today yesterday
Overnight Money 7.70 7.69
Gilt Repo 7.74 7.72
I-m SLIBOR - -
Source: Central Bank/Indicative

Avirate fashion of Sri Lanka to continue global expansions in tie-up with Expolanka

Avirate, a Sri Lanka-based fashion label, said it will continue global expansions after signing a supply chain improveme...

January 8, 2020 2 min read

Sri Lanka’s McLarens Holdings eyes automobile component manufacture

Sri Lanka's McLarens Holdings, a shipping sector player that has started an advanced engineering and productivity enhanc...

Tania Madies
December 18, 2019 2 min read

Singapore's Zilingo acquires Sri Lanka's nCinga for US$15.5mn

Zilingo, a Singapore-based fashion platform, has acquired Sri Lanka's nCinga Innovations for 15.5 million US dollars in ...

December 17, 2019 2 min read

HSBC, IUCN to study on sustainability in Sri Lanka apparel sector

HSBC Sri Lanka, in partnership with the International Union for Conservation of Nature (IUCN), have begun a study to pla...

December 4, 2019 2 min read

Sri Lanka plans fabric processing zone in East, targets China

Sri Lanka's apparel industry is planning a fabric processing park in Eravur, Batticaloa in the East of the island, to dr...

Tania Madies
December 4, 2019 2 min read

Sri Lanka Hirdaramani deploys cost cutting start-up software in apparel group factories

Sri Lanka's Hirdaramani apparel conglomerate is deploying new quality management software developed by a group IT start-...

November 20, 2019 2 min read

Sri Lanka's Hirdaramani, Bangladesh apparel firms on HSBC Serai tech platform

Sri Lanka's Hirdaramani group and several Bangladesh apparel firms are among early adopters of a supply chain matching s...

November 19, 2019 2 min read

Sri Lanka recycling 30-pct of waste plastic, producing apparel, exports

Sri Lanka is re-cycling 30 percent of its waster plastic including waste washing up on its shores, into fabric and brush...

Mahadiya Hamza
November 12, 2019 2 min read

Omega Line in US$24mn Sri Lanka lingerie factory expansion

Italy's Calzedonia group has over 4,600 shops in 42 countries in Europe,

October 22, 2019 1 min read

Brandix wins Sri Lanka exporter of the year award

Colombo-based Brandix, an apparel group which has expanded overseas into two continents and employs around 60,000 people...

September 23, 2019 1 min read
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