February 27, 2023
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6min
      27th February 2023, Colombo:  Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the […]

February 16, 2023
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6min
      16th February 2023: The Better Work Sri Lanka programme of the International Labour Organization (ILO) and the International Finance Corporation (IFC) recently concluded a three-month series of Master Trainer workshops on Occupational Safety and Health (OSH) in the apparel sector, where participants were trained on facilitation skills and techniques, communication skills, and […]

February 15, 2023
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6min
      Belgium’s Queen Mathilde Marie Christine visited a Garment Factory in Naraynganj on Monday February 2023 to witness the progress of Bangladesh’s RMG industry in social, environmental and economic fronts and its contribution to women empowerment and their welfare. The Belgium’s Queen is now on a three-day visit to Bangladesh in her capacity as the United […]

February 15, 2023
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5min
      14th February 2023, Colombo: Hela Apparel Holdings PLC navigated an exceptionally challenging global operating environment during the third quarter of FY 2022/23. While the Group’s quarterly revenue of Rs. 21.8 Bn represented a 44.8% increase compared to the same period of the previous year, this primarily reflected the impact of the rupee’s […]

February 10, 2023
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4min
      André van Ommeren, Director – International Development, Netherlands Enterprise Agency of Ministry of Foreign Affairs, paid a call on BGMEA President Faruque Hassan at The Bangladesh Garment Manufacturers and Exporters Association (BGMEA) Complex in Uttara, Dhaka on 07 February 2023 Tuesday. Charge D’Affaires at the Netherlands Embassy in Bangladesh Thijs Woudstra, Chair of BGMEA Standing Committee on […]

February 7, 2023
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7min
      Amalean: JAAF’s credibility enabled ease of doing business in an unprecedented socio-economic fabric 06th Feb 2023: The Joint Apparel Association Forum (JAAF), the apex body that guides Sri Lanka apparel towards its ultimate goal of being the world’s number one apparel sourcing destination, held its 19th Annual General Meeting recently, re-appointing industry […]

February 6, 2023
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4min
      Ambassadors of Different Countries Visited two Garment Factories Mithela Textile Industries Limited And Fakir Fashion Limited in Narayanganj to witness the progress of Bangladesh’s RMG industry on January 2023 Saturday Recently. After their visit they praised the impressive achievements made by the garment industry of Bangladesh, especially its world-class production facilities, environment-friendly manufacturing […]


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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.




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