July 7, 2022
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8min
        July 2022, Colombo Sri Lanka, Hela Apparel Holdings successfully concluded its first P.A.C.E. graduation at its manufacturing facility in Egypt on the 28th of June 2022, making the company the first apparel manufacturer to implement the globally-recognised employee empowerment initiative in the country. The ceremony certified 28 Egyptian team members as […]

May 18, 2022
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4min
        South Asia Textiles (SAT), a fully-owned subsidiary Hayleys Fabric PLC, also joined its parent company in committing to the Science-Based Targets initiatives (SBTi) for reducing Greenhouse Gas (GHG) emissions and limiting global warming to1.5°C. Hayleys Fabric is a pioneering fabric manufacturer in the Country. The Hayleys Fabric Group is the largest manufacturer […]

May 17, 2022
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4min
      Certification for quantification and reporting of greenhouse gas emissions across the group COLOMBO, Sri Lanka:  Marking a key milestone in its sustainability journey, Hela Apparel Holdings has been awarded the prestigious ISO 14064-1:2018 certification by The Sustainable Future Group (SFG). The ISO 14064-1:2018 certification was awarded to Hela in recognition of the […]

May 16, 2022
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3min
          Carrying forward the thrill and excitement of cricket, Moose Clothing Company, Sri Lanka’s youthful and trendy clothing brand will continue to support Sri Lanka Cricket as the Official Overseas Team Sponsor of the National Cricket team at the upcoming Test series of Sri Lanka’s tour of Bangladesh in May 2022. […]

May 9, 2022
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5min
        Environmental, social, and governance (ESG) and sustainability continue to rise to the fore for all businesses, with a more dominant position required from certain sectors such as the apparel Industry. This growing focus on ESG comes from a variety of stakeholders that include retail fashion stores, buyers and buying offices who […]


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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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