Apparel Archives - Page 23 of 33 - Lanka Business News

June 8, 2020

Despite the announcement made by the government, the apparel industry is yet to receive the concessionary loan from the banks under the emergency Covid refinance scheme towards payment of the employees’ basic wage for the months of April to June industry sources have now revealed. The industry had made a request to the government to […]

June 3, 2020

Standard Chartered announced today that MAS Intimates (Pvt) Ltd., a division of MAS Holdings, became the first company in South Asia to complete a drawdown under the Bank’s USD1 billion COVID-19 financing commitment. The Bank extended a USD11 million loan to Sri Lanka-based MAS Intimates to facilitate the purchase of raw materials for the production […]

May 26, 2020

Hayleys Group subsidiary and pioneering textile manufacturer Hayleys Fabric PLC, bagged the Bronze Award for the Best Integrated Report Design at the Asia Sustainability Reporting Awards (ASRA) 2019 in Singapore. Hosted virtually due to the ongoing COVID-19 pandemic, the Swedish Ambassador to Singapore, Niclas Kvarnström was Guest of Honour at the event which was attended […]

May 25, 2020

MAZE, the Sri Lankan designed and made sock brand recently launched a competition called Design Your MAZE, which allowed you to create your ideal design for a sock. The competition which was kicked off on the 8th of April 2020 was a tremendous success, with over 300 entries coming from close to 150 designers from […]

May 16, 2020

Mr. Basil Rajapaksa, Special Representative of the President and Head of the Presidential Task Force on Economic Revival and Poverty Eradication, symbolically handed over the first batch of face masks from a production of 200 million face masks for export by Brandix, to U.S. Ambassador to Sri Lanka and Maldives Alaina B. Teplitz. The handover took […]

May 16, 2020

Top textile manufacturer Teejay Lanka PLC has ended 2019-20 on an encouragingly strong note, despite its projected fourth quarter profit growth being eroded by production shutdowns at all plants in conformity with the lockdowns in Sri Lanka and India necessitated by the COVID-19 pandemic. Sri Lanka’s only multinational textile producer has reported profit before tax […]

April 10, 2020

Statement by JAAF Chairman Mr. A. Sukumaran on The Impact on Sri Lanka’s Apparel Industry Due to the Prevalence of Covid-19 As the novel coronavirus (Covid-19) pandemic continues to spread across the globe, people around the world find their daily lives and means for subsistence affected in numerous ways. The impact of this phenomenon on the […]

April 4, 2020

With the country facing many challenges during these unprecedented times as the novel coronavirus (COVID-19) continues to expand, Omega Line Group which operates under the flagship of Italy-based Calzedonia S.p.A has stepped in to donate 400,000 safety masks to frontline healthcare workers in the fight against the infectious disease. This contribution comes as a part […]

March 25, 2020

At a time when calamity strikes us, when every one of us in the whole wide world (www) are caught off guard how many of us – citizens, would have some kind of financial support to meet this sort of unexpected crisis situation. Something drastic like this has to strike us to realize its true […]

March 22, 2020

H One (Pvt) Ltd. -Sri Lanka’s leading full-service digital solutions provider, and IT arm of textile powerhouse Hirdaramani- has announced the launch of the newest module of the Res.Q product suite; an end-to-end program that sets out to optimise the operations of Sri Lanka’s booming apparel manufacturing industry. At an event to launch the transformative […]

Statement by JAAF on the payment of special allowance by the government to employees in the apparel sector

Standard Chartered Sri Lanka supports MAS Intimates’ combat against COVID-19

Hayleys Fabric bags Bronze at Asia Sustainability Reporting Awards 2019

Vote your favourite designs in #DesignYourMaze Competition

200 million face masks order to boost Apparel industry; Brandix exports first consignment to US

Teejay ends 2019-20 with net profit up 28% despite COVID-19 impacted 4th quarter

The Impact on Sri Lanka’s Apparel Industry Due to the Prevalence of Covid-19

Omega Line Group to donate 400,000 protective wear to battle COVID-19

Apparel sector leads in mass scale insurance for employees and their families

Hirdaramani’s H One launches all-encompassing digital factory-floor solution, Res.Q 2020