April 26, 2023
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7min
      – Ranil Vitarana, CEO, Twinery – Innovations by MAS Launch of ‘Lable>’, the world’s first manufacturer of adaptive clothing for persons with disabilities Wednesday, April 26, 2023, Colombo, Sri Lanka: In a move to break the barriers that prevent persons with disabilities better integrate into society, Twinery – Innovations by MAS – […]

March 27, 2023
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5min
      27 March 2022: The London College of Fashion (LCF), University of the Arts London (UAL) students recently presented their groundbreaking use of blockchain technology in a handloom craft showcase in collaboration with Selyn, Sri Lanka’s pioneer in fair trade handloom manufacture. The launch event, held at the exclusive SOOK 42 South Molton […]

February 27, 2023
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6min
      27th February 2023, Colombo:  Norfund, the Norwegian government’s investment fund, with a mission to support sustainably driven business operations in developing countries, recently signed a USD 14 million financing agreement with Hela Apparel Holdings PLC to bolster the development of its manufacturing operations in East Africa. NDB Investment Bank Limited acted as the […]

February 16, 2023
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6min
      16th February 2023: The Better Work Sri Lanka programme of the International Labour Organization (ILO) and the International Finance Corporation (IFC) recently concluded a three-month series of Master Trainer workshops on Occupational Safety and Health (OSH) in the apparel sector, where participants were trained on facilitation skills and techniques, communication skills, and […]

February 15, 2023
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6min
      Belgium’s Queen Mathilde Marie Christine visited a Garment Factory in Naraynganj on Monday February 2023 to witness the progress of Bangladesh’s RMG industry in social, environmental and economic fronts and its contribution to women empowerment and their welfare. The Belgium’s Queen is now on a three-day visit to Bangladesh in her capacity as the United […]

February 15, 2023
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5min
      14th February 2023, Colombo: Hela Apparel Holdings PLC navigated an exceptionally challenging global operating environment during the third quarter of FY 2022/23. While the Group’s quarterly revenue of Rs. 21.8 Bn represented a 44.8% increase compared to the same period of the previous year, this primarily reflected the impact of the rupee’s […]


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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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