October 5, 2023
Brandix.jpg

3min
      In recognition of exceptional leadership towards sustainability in the Sri Lankan construction industry, Brandix received Platinum honours under the ‘Leadership towards Sustainability Award’ at the CIOB Green Awards 2023 held recently. The Ceylon Institute of Builders (CIOB) is the premier professional organization of building and construction professionals in Sri Lanka. The CIOB […]

October 5, 2023
MVTM-3_11zon-LBN.jpg

4min
      MAS Matrix, the diversified flat-knit apparel manufacturing facility under MAS Holdings, announced the launch of its latest product platform, ‘MVTM.’ In a leap forward for flat knit products, the technology and product capability of the MVTM range, is poised to revolutionize athleisure wear. Crafted for the modern, fast-paced lifestyle, the collection offers […]

October 3, 2023
Pallak-Seth-2-LBN.jpg

9min
      Envisages Sri Lankan operation to double in size by 2026 to $200M Expresses confidence in Sri Lanka’s ability to deliver amidst economic headwinds Recognizes Sri Lanka’s workforce and innovative sustainable manufacturing processes as key strengths   Earlier this year, global fashion infrastructure platform PDS Limited announced the unveiling of a centralized cutting […]

October 2, 2023
Image-1-LBN.jpg

10min
      In an era where environmental sustainability is transitioning from choice to necessity, MAS Fabric Park (MFP) stands out as a revolutionary force in Sri Lanka’s apparel industry. Nestled in the tranquil environs of Thulhiriya in the Kegalle District in Sri Lanka, this 165-acre privately owned apparel-intensive free trade zone is not just […]

September 19, 2023
Image-4-LBN.jpg

6min
      18th September 2023: The newly appointed Chairman of the Fabric Apparel Accessory Manufacturers Association (FAAMA), Sahan Rajapakse, highlighted the importance of strengthening vertical integration and import substitution of textiles as the way forward for the industry. Speaking at the 16th Annual General Meeting of the Association, the Chairman of FAAMA noted that […]

September 18, 2023
Future-Lab-LBN.jpg

8min
      The journey towards ‘green jeans’ and sustainable fashion has made significant strides worldwide, and at its heart is Hirdaramani Apparel, a pioneer and trailblazer in Sri Lanka’s apparel industry. Since joining the Ellen MacArthur Foundation’s ‘The Jeans Redesign’ project in 2019, the Company’s continued commitment to sustainably manufactured jeans has been focused, […]

September 12, 2023
Yohan-Lawrence-JAAF.jpg

12min
      Just as economic reforms must take the long-term view, so should policy for the apparel industry By Yohan Lawrence – Secretary General, Joint Apparel Association Forum In The State of Fashion Report 2023, global consulting company McKinsey, estimates that the fashion industry will grow at two speeds: between 5 and 10 per […]


About us

Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




Follow Us


Newsletter