November 11, 2022
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8min9
      10th November 2022: The Joint Apparel Association Forum (JAAF) has urged the Government to urgently expedite negotiations on Free Trade Agreements (FTAs) to enhance the industry’s resilience and global competitiveness amid rising fears of a global economic recession. Elaborating on its rationale, the Association noted that FTAs have become an integral part […]

September 26, 2022

4min4
        ● Better Work aims at strengthening resilience of the industry ● An opportunity to partner with local and international stakeholders 26th September 2022: The apex body of the apparel industry, the Joint Apparel Association Forum (JAAF) pledged absolute support to the ILO’s Better Work initiative demonstrating the industry’s deep commitment to […]

May 9, 2022
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5min4
        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 […]

December 16, 2021

5min4
      Sri Lanka’s apparel industry expressed confidence in reaching its target of $8 billion in export earnings by 2025, by implementing the concerted initiatives put in place by the sector, in collaboration with the authorities. These views were expressed at the ‘Sri Lanka Economic Summit 2021’, the flagship event of the Ceylon Chamber […]

December 9, 2021

4min22
  Sri Lanka’s apparel industry has risen to the challenges posed by the pandemic and the sector can contribute further to the country’s economy, provided that all stakeholders collaborate to address critical constraints, apparel exporters point out. These views were expressed at the recent 39th Annual General Meeting (AGM) of the Sri Lanka Apparel Exporters […]

November 30, 2021

12min7
    By Shirendra Lawrence The emergence of apparel and textiles as a significant contributor to Sri Lanka’s economy began post-Independence in 1948 when a few pioneering industrialists saw opportunities in its domestic market. Following the liberalization of the economy in the late 70’s, the industry ventured into exports, bringing in much needed foreign exchange, […]


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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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