Business

Brandix Expands Apparel Technology Legacy with Fusion Apparel

Fusion Apparel Ltd. has signed an agreement with the Board of Investment (BOI) to invest $1.06 million initially, marking the start of a.

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Finance

Hela Apparel Holdings Reports 36.5% Revenue Growth in Q2 FY25

Hela Apparel Holdings PLC has reported a remarkable financial turnaround for the second quarter ending 30 September 2024, marking the return to operating.

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Economics

Sri Lanka’s Export Economy Faces Challenges, IPS Calls for Diversification and Policy Reforms

According to the Institute of Policy Studies (IPS), Sri Lanka’s export economy remains heavily reliant on apparel, with goods and services exports accounting.

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Business

Sri Lanka’s Hela Apparel Raises Rs 1.5 Billion Through Rights Issue

Hela Apparel Holdings Plc, a leading apparel manufacturer in Sri Lanka, has successfully raised Rs 1.5 billion through a rights issue, according to.

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Tourism

Sri Lanka Business Visa Crisis Threatens Economic Recovery: JAAF Urges Immediate Action

The ongoing crisis in Sri Lanka’s business visa issuance is jeopardizing the nation’s economic recovery, as foreign buyers, suppliers, and technical experts struggle.

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Business

JAAF Urges Government to Address Business Visa Issues Promptly

The Joint Apparel Association Forum (JAAF) has called on the Sri Lankan government to urgently address the challenges surrounding the issuance of short-term.

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Industry Analysis

Sri Lanka Launches GTEX2 with Swiss SECO to Boost Apparel Industry

The Export Development Board (EDB) has formed a strategic partnership with Switzerland’s State Secretariat for Economic Affairs (SECO) to implement the second phase.

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