February 27, 2023

6min1
      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 15, 2023
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5min1
      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 […]

November 9, 2022
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5min1
      November 2022, Colombo: Brandix Corporate Campus (BCC), a subsidiary of Brandix Lanka Limited, recently announced the launch of its flagship Advanced Diploma in Fashion, Apparel & Textiles. Adding to its growing list of pioneering clothing technology courses offered to those interested in becoming professionals in the apparel industry, this new Advanced Diploma […]

November 9, 2022
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5min1
      November 2022, Colombo: Brandix Apparel Ltd. is gearing up to host its much-anticipated Sustainability Summit for 2022. Held for the second consecutive year, Brandix intends to focus this year’s iteration on discussions encompassing varied aspects of Environmental, Social and Governance (ESG) through this virtual summit. Taking place on Tuesday 22nd of November […]


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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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