April 3, 2025
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3min27
Sri Lanka’s apparel industry has expressed its concern over the Reciprocal Tariff policy announced by the U.S regime earlier today. The new tariffs proposed could significantly disrupt the country’s largest export sector and put thousands of jobs at risk. Following an announcement by U.S. President Donald Trump on April 2, a 10% baseline tariff on […]

February 4, 2025
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5min24
The Sri Lanka Apparel Exporters Association (SLAEA) held its 42nd Annual General Meeting, reaffirming its commitment to driving the industry forward amid evolving global challenges. Rajitha Jayasuriya officially assumed the role of Chairperson, pledging to strengthen Sri Lanka’s position as a trusted, ethical, and innovative apparel sourcing destination.     The other incoming office bearers […]

January 22, 2025
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4min22
The Joint Apparel Association Forum (JAAF), the apex body representing Sri Lanka’s apparel industry, welcomes the launch of the Clean Sri Lanka programme, spearheaded by H. E. President, Anura Kumara Dissanayake, and the government. With sustainability as a core principle, the Sri Lankan apparel sector is uniquely positioned to complement this nationwide movement for environmental, […]

November 4, 2024
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4min11
“The job of the government is to protect both the employer and employee”- Noel Priyathilaka The Sri Lankan apparel sector has faced many challenges in recent years. Beyond the well-documented local challenges, the industry has also had to grapple with challenges originating from afar such as Covid-19 and the resultant economic uncertainties in the subsequent […]

October 23, 2024
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4min36
Hela Apparel Holdings PLC, the publicly-listed fashion conglomerate headquartered in Sri Lanka, recently announced an exclusive long-term partnership with Authentic Brands Group to design, manufacture, and sell Reebok-branded outerwear across the UK and Europe. This collaboration marks a significant milestone in expanding the Hela Group’s offering to the fashion industry by fusing its design, manufacturing […]

December 7, 2023
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4min20
      6th December 2023: The apex body of the apparel sector, The Joint Apparel Association Forum (JAAF), applauds the unprecedented achievements by apparel companies at the 25th Presidential Export Awards. Exhibiting excellence across multiple categories, the industry secured an impressive collection of 31 awards, reaffirming its dedication to innovation, sustainabilityand expanding market horizons. […]

November 3, 2023

5min4
      2nd November 2023: The Joint Apparel Association Forum (JAAF), in collaboration with GS1Lanka, recently organized a workshop aimed at introducing Sri Lanka’s apparel industry to the globally recognized GS1 standards. The workshop emphasised the adoption of GS1 Digital Link, cutting-edge technology and a standard for the exchange of product data, currently undergoing […]

August 7, 2023
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11min2
      World’s leading apparel certification body commends Sri Lanka’s apparel industry for embracing social compliance and sustainability amidst global challenges Given the economic challenges faced by Sri Lanka and the implementation of new EU sustainability laws, companies are realizing the importance of streamlined compliance processes. Certification processes including Worldwide Responsible Accreditation Production (WRAP) […]

June 20, 2023
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6min17
      10 apparel factories belonging to Vogue Tex, Orit Apparels and Hela Clothing hosted the pilot project 106 women in the apparel sector trained in essential technical and soft skills necessary for their progression and success in leadership roles Over 70% of participants experienced promotions from machine operators to supervisory and executive-level positions […]


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.




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