August 22, 2022
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5min
      ● JAAF pledges support to “Resilient Sri Lanka”, a new industry forum to strengthen Sri Lankan manufacturing ● The apparel industry to navigate supply chain disruptions through innovation and collaboration with the tech industry ● UK start up Kavida launches AI platform to build supply chain resilience across the manufacturing sector 22nd […]

August 18, 2022
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17min
        ●        Finalized off-peak and daytime industrial electricity tariff rates are exponentially high and detrimental to the apparel industry ●        Reassessing the newly revised tariff rates is essential for companies within the sector to plan and budget better  17th August 2022: With the Public Utilities Commission (PUCSL) granting permission to the Ceylon […]

August 15, 2022
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4min
          ● ETI and AAFA have extended their support to the apparel industry. ● JAAF welcomes this move as it complements and enhances worker welfare measures already taken by the industry. ● Demonstrates international brands commitment to Sri Lanka as a long term sustainable partner 14 August, 2022: As Sri Lanka […]

July 20, 2022
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9min
        With the aim of supporting the local fashion industry further progress in improving their ESG performance in their supply chains and their operations, given the growing focus of stakeholders and consumers who expect an emphasis on sustainability and social responsibility from their fashion brands, PricewaterhouseCoopers (PwC), collaborated with the Export Development Board […]

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 […]

March 8, 2022
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4min
  Demonstrates resilience with monthly tally of US$ 488 million, eclipsing pre-pandemic figures 2nd March 2022: Sri Lanka’s apparel exports in January 2022 achieved the highest level for that month in the last five years. This performance demonstrates the industry’s underlying strength as it bounced back from the sustained shocks from the impact of the […]


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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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