February 21, 2023
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8min
      JAAF is perplexed by PUCSL overlooking the industry’s submissions and cautions. Current tariff increase based on speculative increasing demand, despite trends showcasing reduced demand 20th February 2023: The Public Utilities Commission (PUCSL) granted approval to a 66% electricity tariff hike effective 15th February 2023, resulting in exponential increases in costs in the […]

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 […]

January 19, 2023
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14min
      ●     Market-friendly legislation should not be withdrawn under any circumstances unless the ministry wishes to make Sri Lankan exports non-competitive and increase the cost of living solely based on the urging of a few service providers supported by them ●     Withdrawal of Gazette Notification No 2041/10 dated 17th October 2017 will result […]

November 17, 2022
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4min
        ● JAAF & IFC to empower industry with tools to address bullying and harassment in workplace ● Apparel industry committed to uplifting employee working conditions The International Finance Corporation’s (IFC) Respectful Workplaces Programme aims to enhance business value by addressing gender-based violence and harassment including customer and client aggression, workplace bullying […]

November 11, 2022
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8min
      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
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4min
        ● 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 […]

September 12, 2022
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47min
        ●        Apparel industry proves resilient in the face of adversity ●        Total apparel exports in July 2022 ($ 522.14 million) – 22.4% increase YoY As Sri Lanka struggles with the ongoing economic crisis, the country’s trade balance recorded a surplus last July. While this surplus reflects the continued decline in import […]


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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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