Sri Lanka was once a thriving economy, known for textiles, tourism, and one of the largest tire industries in the world. Today, it’s in economic ruin—inflation has soared to 60%, foreign reserves have ...

MYGroup said it expects this month to begin small-scale production of recycled plastic products under an initiative that is ...

In parallel, MYGroup plans to establish a materials recycling hub focused on tackling the scourge of ocean plastic around Sri Lanka's coastlines. For the textiles elements of the initiative ...

Sri Lanka’s apparel industry is about to embark on an exciting new chapter. As the first woman to take the helm of the Sri ...

In January this year, the Joint Apparel Association Forum (JAAF) revealed Sri Lanka’s apparel exports grew nearly 5% reaching ...

Opposition MP Ravi Karunanayake raised concerns in Parliament on Tuesday (18) about the potential impact of US President Donald Trump’s trade policies on Sri Lanka’s key export sectors, such as ...

When combined with direct exports of textiles, Sri Lanka's overall export value surpassed the $5bn mark, with JAAF suggesting it showcases the country's resilience in the face of both local and ...

UN Resident Coordinator Marc-André Franche emphasized that Sri Lanka’s ongoing path of economic recovery and reforms need a ...