February 11, 2021

4min1
MAS Holdings was honored for its efforts towards a national initiative to reduce plastic waste at the recently concluded Inaugural Annual Awards Ceremony organized by Eco-Spindles (Private) Limited. The award recognizes MAS KREEDA’s innovative incorporation of fabric produced by yarn sourced from recycled PET bottles by the local recycled-yarn vendor, to manufacture KREEDA’s trademark high-end […]

February 8, 2021

6min8
Aims to double polyester yarn production by 2022 2,300 tonnes of waste plastic bottles recycled in 2019/20 Targeting export demand for recycled polyester fabric Pioneering Sri Lankan plastic bottle recycler and manufacturer of polyester yarn and monofilaments, Eco-Spindles (Pvt.) Ltd commenced Phase 2 of its expansion strategy to add 20,000 sq.ft of production space at […]

February 8, 2021
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3min6
Popular menswear brand, Crocodile, was awarded at the SLIM Digi Awards 2.0, earning for itself a seat among the country’s most successful brands, all recognised for the effective implementation of their digital campaigns. The highly-anticipated annual awards ceremony, held on 21 January 2021, highlighted digital excellence in the marketing arena. Among many contenders for the […]

January 28, 2021

4min1
Marks the second consecutive year in being recognized. Colombo, 27 January 2021: ‘Bug Friday’, the fashionable response to Black Friday carried out by leading fashion retail brand Fashion Bug, won Silver at the SLIM Digis 2.0 held recently, under the Retail (Fashion/ Consumer Electronics) Online & Offline category. Fashion Bug along with Omnicom Media Group […]

January 27, 2021

3min0
Colombo, Sri Lanka – January 2021 – ​Co-Founder, Spring & Summ​er – Mrs. ​​Shyamalie Wijegunawardena was recently recognised at the 10th Edition of the “Top 50 Professional & Career Women Awards for Sri Lanka and Maldives 2020”, as the recipient of the Outstanding Woman Entrepreneur (Large) Award on January 26, 2021 at the Shangri-La Hotel, […]

January 18, 2021

4min1
Colombo, Monday 18 January 2021. Stripes & Checks, acclaimed as Sri Lanka’s most prestigious start up with a desire to provide an expression of each person’s unique sense of style, recently opened its flagship store at No 202, Havelock Road, Colombo 05. The expansive 1500 sq ft showroom is designed to welcome its enthusiastic customers all […]

January 7, 2021
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6min3
Placed among top 28 winners of Annual Clarivate Award Wednesday, 6th January 2021, COLOMBO; Twinery, Innovations by MAS, was a recipient of the South and South East Asia Innovation Awards held recently. The awards are organised annually by Clarivate Plc (formerly Thompson Reuters) one of the global leaders in the Intellectual property and innovation fraternity. […]


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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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