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Friday November 13th, 2026
Apparel

Tax hikes could force Sri Lanka exporters shift to other countries - exporters

New tax hikes will be effective from December 1

November 26, 2022 3 min read

Looming global recession threatens dollar earning of Sri Lanka's top exports

Decline in export orders could slowdown Sri Lanka's economic recovery

November 23, 2022 2 min read

Sri Lanka's progress on GSP+ commitments: top EU officials says report due soon

GSP+ is an annual trade concession worth over 500 million US dollars

October 3, 2022 3 min read

Sri Lanka textile factory by Jay Jay Mills in Eravur zone

India's Jay Jay Mills already has factories employing 9,500 workers

September 16, 2022 2 min read
Sri Lanka asks India to raise FTA apparel export quota to 50mn pcs after Trump tariff

If not we have requested facilities to increase exports by 500 million dollars

Impact on Trump taxes 'swift and severe', thousands of jobs at risk: apparel body

“With tariffs coming into effect almost immediately, the impact will be swift and severe.

Floods cause June quarter loss at Sri Lanka’s Hayleys Fabric

ECONOMYNEXT – Floods which disrupted production caused Sri Lanka’s Hayleys Fabric to make a loss of Rs25 m...

August 2, 2017 1 min read

Hirdramani factory in Sri Lanka's north gets top green stamp

Sri Lanka's Hirdramani group said its new factory in Puthukudiyruppu, in the north of the island, has got a top green st...

August 1, 2017 1 min read

Sri Lanka's Teejay Lanka net down 40-pct on cotton spike; GSP+ to help growth

Sri Lanka-based Teejay Lanka Plc, an export fabric maker reported profits of 493 million rupees for the March 2017 quart...

May 17, 2017 2 min read

US market helps Sri Lankan fabric maker weather EU downturn

Sri Lankan fabric manufacturer Textured Jersey Lanka (TJL) has said its well diversified business with big clients in th...

July 28, 2016 2 min read

M&S clothing sales slump, says too early to quantify Brexit impact

British retailer Marks & Spencer on Thursday reported a worse than expected fall in quarterly underlying sales in its cl...

July 7, 2016 1 min read

Uniqlo suspends most Bangladesh travel as attack rattles garment industry

TOKYO, July 4 (Reuters) - Japan's Fast Retailing Co , owner of the Uniqlo casual-wear brand, will suspend all but critic...

July 4, 2016 2 min read

Sri Lanka Textured Jersey net up 62-pct in March

ECONOMYNEXT - Profits at Textured Jersey Plc, a Sri Lanka-based fabric group, rose 62 percent to Rs824 million in the Ma...

May 18, 2016 1 min read

South Asia clothing industry can employ millions more women, boost growth - World Bank

MUMBAI, April 28 (Thomson Reuters Foundation) - South Asia's clothing and textiles industry can create millions of jobs ...

April 30, 2016 3 min read

Sri Lanka should cut import tariffs to increase apparel exports: World Bank

ECONOMYNEXT – Sri Lanka can increase exports of apparel, its main industrial export, by reducing import tariffs a...

April 26, 2016 2 min read

Strike at Sri Lanka Brandix apparel factory in India

ECONOMYNEXT – Workers at Brandix India, a subsidiary of one of Sri Lanka’s top apparel exporters, Brandix ...

April 21, 2016 1 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
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Source: Central Bank/Indicative
pts %
S&P SL20 6,365.57 +0.26%
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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
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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
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Source: Central Bank/Indicative

Workers at India unit Sri Lanka apparel maker strike for higher wages

ECONOMYNEXT - Workers at Brandix India Apparel City, run by Sri Lanka's Brandix apparel group are on strike demanding hi...

April 20, 2016 1 min read

Textured Jersey Lanka December net up 79-pct

ECONOMYNEXT – Fabric maker Textured Jersey Lanka said net profit rose 79 percent to 672 million rupees in the Dec...

February 3, 2016 1 min read

British firm opens packaging plant in Sri Lanka

ECONOMYNEXT – British packaging firm Wilkins Group UK, which supplies Marks & Spencer, has opened a new 40,000 sq...

November 26, 2015 2 min read

Sri Lanka Textured Jersey Sept net up 66-pct

ECONOMYNEXT – Sri Lankan fabric maker Textured Jersey Lanka PLC said September 2015 quarter net profit rose 66 pe...

October 29, 2015 2 min read

Sri Lanka apparel industry eyes value adding hub position

ECONOMYNEXT – Sri Lanka’s apparel industry is looking at becoming the hub for South Asia, buying semi-fini...

Rohan Gunasekera
September 23, 2015 1 min read

Sri Lanka’s Hayleys unit says new fabric types draw top brands

ECONOMYNEXT – Sri Lanka’s Hayleys Fabric says new types of fabrics it has begun developing at its own â�...

August 3, 2015 2 min read

Sri Lanka to subsidize six apparel factories in north

ECONOMYNEXT - Sri Lankan tax payers will subsidize six apparel factories in and around former zones in the north, in a b...

August 1, 2015 1 min read

Sri Lanka’s Hayleys Fabric June net up sharply

ECONOMYNEXT - Hayleys Fabric said June 2015 quarter net profit shot up 653 percent to 35 million rupees from a year ago ...

July 30, 2015 1 min read

Sri Lanka aiming to be top swimwear hub

ECONOMYNEXT - Sri Lanka is aiming to be the top spot for swimwear in the world with key international brands already sou...

July 21, 2015 3 min read

Textured Jersey Lanka to buy Indian fabric maker for US$15mn

COLOMBO (EconomyNext) – Sri Lanka's Textured Jersey Lanka (TJL) said it will acquire an Indian knit fabric manufa...

June 29, 2015 2 min read