News & Events
Aug 12
Hirdaramani’s Mihila factory in Agalawatta wins World Textile Award

The Hirdaramani Group’s Mihila factory in Agalawatta recently won a prestigious World Textile Award in the ‘Garment Maker of the Year 2014’ category.

Aug 12
Govt., exporters strike deal to secure GSP Plus
  • Harsha says Sri Lanka to get GSP Plus early next year
  • Exporters agree to meet condition of increased employee salaries, EPF and ETF
  • Sri Lankans exporting to EU to benefit by 12%
  • No fresh conditions imposed on Sri Lanka
Aug 10
Sri Lanka is witnessing ‘greener development’

Country with natural green cover is moving towards imbibing ‘green’ in the construction sector says Gagan Singh, Chairperson – Jones Lang LaSalle Sri Lanka.

Aug 05
Gearing up for the march towards $ 50 b exports

Reporting by Charumini de Silva and pix by upul abayasekara

Sri Lanka should look at simple, clear, predictable policies while opening up and exploiting the international market in the march towards $ 50 billion exports, Lee Kuan Yew School of Public Policy, National University of Singapore, Associate Professor Dr. Razeen Sally said.

Aug 04
Swimwear identified as strongest growth category in global fashion

CFW Swim first amongst Fashion Weeks in Asia

In the last decade, swimwear has been identified as one of the categories in the global fashion industry, with high potential for growth. The rising popularity of beach culture and water sports, ease of travel to beach destinations and the increasing attention to health and fitness in the era of social media, have all fuelled this growth. This has taken swimwear from its summer-essential status and made it a year-round must-have in every wardrobe.

Jul 27
MAS unveils world’s first chemical leasing project for waste water treatment

MAS breaks new ground with the world’s first chemical leasing project for waste water treatment; UNIDO applauds it as a great start for Sri Lanka and a giant leap in rethinking chemical management by responsible business brands

As part of a long-term commitment to environmental sustainability, MAS unveiled its latest sustainability innovation with the signing of the world’s first chemical leasing agreement on waste water treatment.

Jul 25
South Asia Textile Industries Lanka restores clinic for 10th anniversary

South Asia Textile Industries Lanka, a leading Weft Knit fabric manufacturer for global brands such as Victoria’s Secret, Marks and Spencer, NEXT, Adidas, Columbia Sportswear, PVH/Calvin Klein, Tesco F&F and many more, recently commemorated its 10th anniversary with a number of celebratory activities for its 950 employees, as well as a Corporate Social Responsibility (CSR) initiative by staff that saw the refurbishment of the nearby government dispensary in Pugoda.

Jul 22
CFW aims to make Sri Lanka swimwear capital via Asia’s first ever show

By Shehana Dain
Colombo Fashion Week (CFW) aims to position Sri Lanka as the capital for swimwear in the region with what it claimed as Asia’s first ever dedicated show in August.

Jul 16
Renewal of US GSP: What it offers Sri Lankan exporters

By Suwendrani Jayaratne and Dharshani Premaratne
President Obama signed the ‘Trade Preferences Extension Act of 2015’on 29 June authorising the renewal of the US GSP scheme, almost two years after it expired. The scheme, instituted in 1974 and renewed periodically is designed to promote trade in developing countries. It provides exporters of 122 countries duty free access to the US market for selected products.

Jul 11
Exports to US on steady rise: Rishad
  • Says US is world’s leading consumer of Lankan exports
  • Thanking the US Govt. for GSP: Rishad
  • YoY exports to US up by 8%, 59% since ’10
  • 2014 exports to US at $ 2.7 b

Sri Lanka’s exports to US are surging on hectic phase and June’s renewed US GSP facility has boosted Sri Lanka’s export development efforts.

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