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Tuesday July 27th, 2021
Apparel

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...

2 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 ...

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...

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 ...

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

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

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

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

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

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

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...

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

2 min read

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...

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

2 min read

Morning Briefing Gain clarity on the biggest stories of the day with our daily newsletter, Morning Briefing
Latest Last
US Dollar 199.9076 199.9329
UK Pound 276.2723 274.9377
Euro 235.9309 235.4310
Aus Dollar 147.3719 147.0407
Yen 1.8140 1.8116
Source: Central Bank/Indicative
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pts %
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Turnover Rs million. 4,600,535,430.20 4,600,535
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3-m bill 5.14 5.13
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Source: Central Bank/Indicative
today yesterday
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Source: Central Bank/Indicative

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 ...

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...

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

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-...

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...

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

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,

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...

1 min read

Sri Lanka’s Odel lobbying for lower import duties, to lure tourists

Sri Lankan retailer Odel is lobbying the government to reduce import duties and help make the island an attractive shopp...

2 min read

1

Tariffs push some US firms to exit China for Sri Lanka, Bangladesh

As fresh US tariffs on Chinese imports kick in, Illinois-based phone accessories manufacturer Ben Buttolph has been urge...

4 min read