Apparel

Sri Lanka ex-Tiger combatants in apparel jobs: report

May 30, 2010 (LBO) - Sri Lanka's Tri-Star Apparel Exporters group has recruited a batch of ex-Tamil Tiger combatants to work at its garment factories and has …

Sri Lanka to host power, renewable energy expo in June

May 12, 2010 (LBO) - Sri Lanka will play host to more than 50 firms in power generation, transmission, and renewable energy at an exhibition in June targeted …

Sri Lanka Brandix opens apparel export hub in India

May 04, 2010 (LBO) - Sri Lankan apparel exporter Brandix has opened a 1,000-acre 'Apparel Park' in India to serve as a hub for manufacturers and suppliers in …

Sri Lanka police arrest counterfeiters, says clothing brand

May 03, 2010 (LBO) - Sri Lankan police have arrested several people for intellectual property rights violation after a raid on a factory making fake designs of …

Sri Lanka to get Courtaulds clothing plant

Apr 29, 2010 (LBO) - Courtaulds Clothing has signed an agreement with Sri Lanka's Board of Investment to set up a plant to manufacture knitted fabric for the …

Sri Lanka apparel exporter cuts chemical use, costs

Apr 26, 2010 (LBO) - Brandix, one of Sri Lanka's top apparel exporters, said it aims to cut chemical use by about a quarter and reduce costs through a deal …

Sri Lanka apparel exporter gets ready for carbon footprint rules

Apr 02, 2010 (LBO) - Sri Lankan apparel exporter Brandix said it is investing more to cut energy costs and carbon emissions and comply with anticipated laws in …

Sri Lanka gets more garment factories

Feb 19, 2010 (LBO) – The Board of Investment, Sri Lanka’s investment promotion agency, said it has given approval for investors, including a Hong …

Sri Lanka Kuruwita Textiles profits up on cost cutting

Feb 19, 2010 (LBO) – Sri Lanka's Kuruwita Textile Mills said tight cost control helped generate a net profit of 81.7 million rupees in the December …

Sri Lanka apparel costs seen rising with loss of EU access

Feb 16, 2010 (LBO) – Sri Lankan exporters of apparel, the island’s main industrial export, said the withdrawal of European Union trade benefits …

Sri Lanka rural businesswomen helped by Gap

Feb 10, 2010 (LBO) – Sri Lankan women entrepreneurs in two rural districts are getting soft loans and technical help under a program support by an …

Sri Lanka fabric firm hit by lower prices, smaller orders

Feb 01, 2010 (LBO) – Sri Lankan fabric manufacturer Hayleys MGT Knitting Mills said December quarter profit fell sharply owing to lower prices and loss …

Sri Lanka to get solar power plant from Korea

Jan 20, 2010 (LBO) - Sri Lanka is getting a 500 kiloWatt solar power plant from Korea which will be built in Hambantota in the south of the island and used to …

Sri Lanka Brandix says price cuts helped apparel sales

Dec 30, 2009 (LBO) – Sri Lanka’s Brandix group, which supplies top Western fashion brands, said price cuts had helped increase apparel sales …

Sri Lanka MGT Knitting ‘BBB+(lka)’ rating confirmed, outlook negative

Nov 30, 2009 (LBO) - Fitch Ratings Lanka said it has confirmed Hayleys MGT Knitting Mills' (HMGT) National Long-term rating at 'BBB+(lka)' and lowered the …

Sri Lanka MAS lingerie brand Amante to break even next year

Nov 29, 2009 (LBO) - A Sri Lanka launch may be on the cards within the next two years for MAS lingerie brand Amante, as the venture breaks even next year, led …

Sri Lanka apparel sector needs GSP plus: workers

Nov 12, 2009 (LBO) - Claims that alternative markets can be found if Sri Lanka loses European Union trade concessions are a 'joke' and if human rights are …

Sri Lanka power IPO hits Rs28 on opening day

Oct 08, 2009 (LBO) - Sri Lanka's Hemas Power hit a high of 28 rupees when it began trading Thursday, but ended at 24 rupees, 20 percent up on its issue price …

Sri Lanka state utility to buy 50MW of wind power

Oct 08, 2009 (LBO) - Sri Lanka's state-run power utility has given the nod for 50 MegaWatts of wind power to be developed by five parties in the north-western …

Sri Lanka Hayleys ups stake in fabric unit

Sept 24, 2009 (LBO) - Sri Lanka's Hayleys group said it has increased control of its fabric manufacturing unit, Hayleys-MGT Knitting Mills, after a mandatory …