October 31, 2024
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4min0
Teejay Group, Sri Lanka’s first multinational textile manufacturer, recorded a Profit after Tax of LKR 0.9 Bn for the first half of the financial year ending 30th September 2024. The Group Revenue reached a notable LKR 32.7 billion, recording an 11% increase compared to the first half of the previous year. Gross Profit of the […]

July 9, 2024
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2min6
The premier international textile sourcing platform in South Asia returns to Colombo for its 10th edition! A must-attend event, this sourcing and trading expo enables the Sri Lankan RMG industry to source a vast array of natural & manmade textiles, trims, accessories, dyes, chemicals and software solutions by connecting with 200+ suppliers from 15+ countries […]

June 13, 2024
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3min5
Ashok Garments Private Limited, a leading manufacturer and exporter of superior industrial uniforms, has been recognised with the BWIO Excellence Award in the Garment/Textile Industry (Large – Platinum category) at Business World International Awards 2023. The award was received by Ashok Garments Founder and Chairperson, Mrs. Ashoka Gunawardena at the award ceremony held at Taj […]

December 12, 2023
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11min0
      In Sri Lanka’s textile sector, a deep-rooted tradition in natural dyeing spans centuries and is intertwined with the nation’s rich textile heritage. The country’s abundant biodiversity has yielded a diverse range of botanical resources, providing a wealth of natural pigments essential to the garment industry. From vivid shades sourced from turmeric, indigo, […]

December 6, 2023
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11min1
      In Sri Lanka’s textile sector, a deep-rooted tradition in natural dyeing spans centuries and is intertwined with the nation’s rich textile heritage. The country’s abundant biodiversity has yielded a diverse range of botanical resources, providing a wealth of natural pigments essential to the garment industry. From vivid shades sourced from turmeric, indigo, […]

October 23, 2023

6min0
      Sri Lanka’s first multinational textile manufacturer Teejay Lanka PLC has expanded its collaboration with academia by entering into a partnership with the University of Sri Jayewardenepura (USJ), the country’s second oldest university. A five-year Memorandum of Understanding formalised by the two organisations paves the way for creating mutually beneficial opportunities for collaboration […]


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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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