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Published on Dec 11, 2020

S&P downgrades Sri Lanka on debt servicing risks

(Adds detail, context) LONDON/BENGALURU Dec 11 (Reuters) - Rating agency S&P slashed Sri Lanka’s credit rating to “CCC+/C” on Friday, citing concerns that risks to the island nation’s debt servicing capacity have risen as the COVID-19 pandemic …

Source: Reuters - Neutral
Published on Dec 9, 2020

Sri Lanka Economic Summit 2020: Positive outlook on post-COVID-19 economic recovery

Top economists and business leaders discussed the outlook for the global and local economy during the first session of the Sri Lanka Economic Summit 2020 organised by The Ceylon Chamber of Commerce (CCC). Mr Eric Robertsen – Global Head, Research and Chief …

Source: Lanka Business Online - Uncategorized
Published on Dec 6, 2020

Sri Lanka participation at China International Import Expo reaps results - Daily FT

The Sri Lanka Pavilion at the Third China International Import Expo (CIIE) held in Shanghai from 5-10 November attracted many business persons particularly in the food sector. Sri Lanka Embassy in China and Consulate General in Shanghai in coordination …

Source: Shanghai News.net - Neutral
Published on Feb 6, 2021

Plantation workers stage harthal demanding 1,000 rupees in wages

* Plantation workers stage harthal demanding 1,000 rupees in wages Fri, Feb 5, 2021, 12:33 pm SL Time, ColomboPage News Desk, Sri Lanka. Feb 05, Colombo: Plantation workers in the central hills have launched a hartal throughout the plantation sector, to …

Source: Lanka Page - Neutral
Published on Feb 21, 2021

One-Step Recycling And Inline Spinning Of PET Waste Into High-End Fibers

REMSCHEID, Germany — February 18, 2021 — German company BB Engineering combines its VacuFil process with the directly-connected VarioFil spinning system, hence creating a one-step process for recycling and inline spinning of post-consumer and post- …

Source: Textile World - Neutral
Published on Nov 30, 2020

8 dead in pandemic unrest at Sri Lanka prison

Nov. 30, 2020Updated: Nov. 30, 2020 6:25 a.m. COLOMBO, Sri Lanka (AP) — Inmates unhappy about the coronavirus threat at an overcrowded prison near Sri Lanka's capital have clashed with guards who opened fire, leaving eight prisoners dead and 59 others …

Source: Seattle Post-Intelligencer - Washington State - Neutral
Published on Nov 28, 2020

Sri Lanka willing to meet its debt obligations, says govt after Fitch downgrades country's ratings

By PTI COLOMBO: Sri Lanka remains willing and able to meet all its debt obligations as it has done in the past, the government said on Saturday, a day after Fitch downgraded the country's sovereign credit rating to "CCC". Fitch Ratings said …

Source: The New Indian Express - Neutral
Published on Nov 27, 2020

Fitch downgrades Sri Lanka as default fears loom

Ratings agency Fitch downgraded Sri Lanka's sovereign debt to "CCC" on Friday, warning that the country was at increasing risk of missing debt payments due to the coronavirus pandemic. Heavily reliant on tourism and garment exports for …

Source: Economic Times - Uncategorized
Published on Nov 27, 2020

Sri Lanka explores investment opportunities in Bac Ninh

He made the statement at a meeting held in Bac Ninhprovince on November 27 with a delegation from the Embassy of Sri Lanka in Vietnam led by Ambassador Prasanna Gamage. The Vice Chairman of Bac Ninh provincial People’s Committee informed the guests about …

Source: Nhan Dan - Gov't Propaganda
Published on Nov 27, 2020

Sri Lankans in Ethiopian war zone successfully evacuated

The Sri Lanka Embassy in Ethiopia has successfully facilitated the evacuation of 38 Sri Lankan nationals from the war zone in Tigray region in the northern part of Ethiopia. The evacuation was carried out in consultation with the Foreign Ministry of Sri …

Source: Adaderana - Neutral
Published on Nov 25, 2020

Sri Lankan shares end higher as consumer staples surge

By Reuters Staff Nov 25 (Reuters) - Sri Lanka’s main stock index closed higher on Wednesday, driven by a surge in consumer staple companies, ahead of the country’s monetary policy review on Thursday. ** The CSE All Share Index ended 0.89% higher at 6,141. …

Source: Reuters - Neutral
Published on Jan 7, 2021

World Bank flags pandemic risks for Bangladesh’s exports, remittances

For Bangladesh, the global lender flagged risks in exports and remittances in its updated Global Economic Prospects report published on Tuesday. Growth outcomes in China, the European Union, and the United States, for instance, have a direct impact on …

Source: BD News 24 - Neutral
Published on Jan 7, 2021

Textile Auxiliaries Market Size to Surpass US$ 9.96 bn by 2027

OTTAWA, Jan. 06, 2021 (GLOBE NEWSWIRE) -- Precedence Research, Recently Published Report on “Textile Auxiliaries Market Size, Share By Product (Dyeing & Printing Agents, Pretreatment Agents, and Finishing Agents), By Application (Technical Textiles, …

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Published on Oct 29, 2020

Chinese investment is not in the best interests of the people of Sri Lanka - Pompeo

* Chinese investment is not in the best interests of the people of Sri Lanka - Pompeo Wed, Oct 28, 2020, 11:16 pm SL Time, ColomboPage News Desk, Sri Lanka.Oct 28, Colombo: US Secretary Michael R. Pompeo, who was in Sri Lanka as part of his South Asian …

Source: Lanka Page - Neutral
Published on Nov 1, 2020

Afghanistan and Sri Lanka celebrate 62 years of growing diplomatic relations

* Afghanistan and Sri Lanka celebrate 62 years of growing diplomatic relations Sun, Nov 1, 2020, 08:37 pm SL Time, ColomboPage News Desk, Sri Lanka.Nov 01, Colombo: The 62nd anniversary of the establishment of Afghanistan-Sri Lanka diplomatic relations was …

Source: Lanka Page - Neutral
Published on Dec 16, 2020

All garment factory employees to undergo systematic PCR or Antigen Tests - NOCPCO Task Force

* All garment factory employees to undergo systematic PCR or Antigen Tests - NOCPCO Task Force Wed, Dec 16, 2020, 11:56 pm SL Time, ColomboPage News Desk, Sri Lanka. Dec 16, Colombo: All garment factory employees will be systematically subjected to PCR or …

Source: Lanka Page - Neutral
Published on Nov 17, 2020

A Pillar Of Sri Lanka's Economy, Garment Workers Ostracized After A COVID Outbreak At A Factory

Colombo, SRI LANKA — On October 4 this year, a 39-year-old woman from the Brandix garment factory in Minuwangoda tested positive for COVID-19. By October 13, Brandix, which makes garments for global brands such as Victoria’s Secret, Gap and Marks & …

Source: HuffPost - Left-wing
Published on Sep 30, 2020

Sri Lankan shares edge lower as energy, industrial stocks weigh

By Reuters Staff Sept 30 (Reuters) - Sri Lanka shares fell for a second straight session on Wednesday as industrial and energy stocks declined, although the index booked its best monthly gain in eight years. ** The benchmark stock index ended down 0.2% at …

Source: Reuters - Neutral
Published on Nov 15, 2020

IFC & Australian Government help create and retain Jobs for 12,000 women in Sri Lanka

Nov 15, 2020 (LBO) – A two-year partnership, known as SheWorks Sri Lanka, has led to a 12 percent increase in the number of women employed by 15 of the country’s leading companies, equating to over 12,000 more women in the workforce. Initiated by Women in …

Source: Lanka Business Online - Uncategorized

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Published on February 18, 2021 - 08:00 GMT

Technical Textiles Market Size to Hit USD 195.36 Billion by 2026; Owing to Durable and Lightweight Nature of Textile ...

Pune, India, Feb. 18, 2021 (GLOBE NEWSWIRE) -- According to Fortune Business Insights™, the global technical textiles market size is projected to reach USD 195.36 Billion by 2026 attributed to the increasing number of applications including construction …

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Published on February 15, 2021 - 14:06 GMT

Nanocellulose Market Size to Reach USD 1,053.09 Million by 2027; Increasing Utilization in the Textile Industry to Aid ...

Pune, India, Feb. 15, 2021 (GLOBE NEWSWIRE) -- The global nanocellulose market size is anticipated to showcase potential growth owing to the increasing concerns regarding the sustainability from the packaging industry, observes Fortune Business Insights™ …

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Published on February 11, 2021 - 13:15 GMT

Textile Fabrics Market Size to Surpass USD 398.81 Billion by 2025 at 5.67% CAGR | Soaring Demand from Medical Sector to ...

Pune, India, Feb. 11, 2021 (GLOBE NEWSWIRE) -- Global Textile Fabrics Market Overview: Market Research Future (MRFR) studied the Global Textile Fabrics Market 2020 along the review period between 2015 and 2024. By 2025, the global textile fabrics market …

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Published on February 24, 2021 - 14:16 GMT

APPLIED SILVER INC PARTNERS WITH CROWN LINEN TO BRING GROUNDBREAKING ANTIMICROBIAL TECHNOLOGY TO SO. FLORIDA HOSPITALITY

SilvaClean Turns Textiles Into Active Germ Killers, Creating New Standard of Cleanliness for Hotels HAYWARD, CALIFORNIA, UNITED STATES OF AMERICA, February 24, 2021 /⁨EINPresswire.com⁩/ -- Applied Silver Inc. (www.appliedsilver.com) announced …

Distribution channels: Healthcare & Pharmaceuticals Industry, Technology ...

Published on February 18, 2021 - 14:00 GMT

BusyCo., Launches Pocket-Sized Showers for Busy Women: 100% Zero-Waste Individually Packaged Products

Made in the USA from residual cotton textile scraps, BusyCo. wants to help redefine women’s routines for the betterment of all. NEW YORK, NEW YORK, USA, February 18, 2021 /⁨EINPresswire.com⁩/ -- Launched this year, BusyCo. (Busy) is bringing real …

Distribution channels: Beauty & Hair Care, Consumer Goods ...
Published on February 10, 2021 - 21:42 GMT

CLIVE DANIEL HOME TO OFFER LUXURY ITALIAN FORTUNY LINE

Naples’ largest Interior design firm and high-end furniture retailer has added the exclusive Italian luxury brand Fortuny legendary textiles and furnishings NAPLES, FL, UNITED STATES, February 10, 2021 /⁨EINPresswire.com⁩/ -- Naples’ largest …

Distribution channels: Beauty & Hair Care, Building & Construction Industry ...
Published on February 7, 2021 - 16:47 GMT

PennAsia Launches 7Plus Coin Blockchain To Accelerate Medical Industry Supply Chain

Textile Leader Establishes Cryptocurrency Transactions in Response to Medical Textile Supply Chain Bottleneck BANGKOK, THAILAND, February 7, 2021 /⁨EINPresswire.com⁩/ -- Penn Asia, one of the Yeh Group Family of companies, today announced that it …

Distribution channels: Banking, Finance & Investment Industry, Business & Economy ...
Published on March 2, 2021 - 14:59 GMT

AirVape USA - The vaporizer company, that is leading the way toward a sustainable future

AirVape is a market-leading vaporizer company, that gained its reputation by raising the standards with its unique design, technology, and performance. LOS ANGELES, CALIFORNIA, UNITED STATES, March 2, 2021 /⁨EINPresswire.com⁩/ -- AirVape USA is a …

Distribution channels: Electronics Industry, Environment ...

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Published on March 2, 2021 - 11:25 GMT

MODE ESTAH – JOURNÉE PORTES OUVERTES DIGITALE

Mode Estah, école de Mode et de Stylisme à Paris, vous invite à sa JOURNÉE PORTES OUVERTES DIGITALE! PARIS, FRANCE, March 2, 2021 /⁨EINPresswire.com⁩/ -- Vous êtes passionné par la Mode, vous souhaitez devenir Styliste, Directeur Artistique, …

Distribution channels: Textiles & Fabric Industry ...
Published on March 2, 2021 - 22:00 GMT

The Children’s Place to Webcast Review of Fourth Quarter and Full Year 2020 Financial Results

SECAUCUS, N.J., March 02, 2021 (GLOBE NEWSWIRE) -- The Children’s Place, Inc. (Nasdaq: PLCE) today announced that, in conjunction with the release of its fourth quarter and full year 2020 financial results, you are invited to listen to the Company’s …

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Published on March 2, 2021 - 21:05 GMT

URBN Reports Q4 Results

PHILADELPHIA, March 02, 2021 (GLOBE NEWSWIRE) -- Urban Outfitters, Inc. (NASDAQ:URBN), a leading lifestyle products and services company which operates a portfolio of global consumer brands comprised of the Anthropologie, BHLDN, Free People, FP Movement, …

Distribution channels: Business & Economy, Textiles & Fabric Industry ...
Published on March 2, 2021 - 12:30 GMT

Abercrombie & Fitch Co. Reports Fourth Quarter and Full Year Results

Delivers fourth quarter net income per diluted share of $1.27 and $1.50 on a GAAP and non-GAAP basis, respectively, fueled by record digital sales, gross profit rate expansion and tight expense controls Ends fiscal 2020 with a significantly transformed …

Distribution channels: Business & Economy, Textiles & Fabric Industry ...
Published on March 1, 2021 - 13:30 GMT

Hollister Teams Up with the D’Amelio Sisters and All Your Favorite TikTok Stars To Surprise High School Students For ...

Charli D’Amelio, Dixie D’Amelio, Rebecca Black, Teenager Therapy, and other TikTok stars will surprise high schoolers with virtual pop-up sessions to help disrupt the stigma around mental health Teen retailer will grant $1M across 20 organizations …

Distribution channels: Culture, Society & Lifestyle, Textiles & Fabric Industry ...
Published on March 1, 2021 - 12:58 GMT

ADM Endeavors, Inc. (OTCQB: ADMQ) Announces Important New Texas Contracts; “Positive Significant Impact on Future Sales”

Dallas, TX, March 01, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ) announced today that the city of Arlington (home of the Dallas Cowboys and the Texas Rangers) has chosen to piggyback onto an original Tarrant County, …

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Published on February 28, 2021 - 23:19 GMT

APSCA ANNOUNCES DISCIPLINARY ACTION AGAINST A MEMBER FIRM

APSCA revokes Membership of Leverage Limited WASHINGTON, DC, UNITED STATES, February 28, 2021 /⁨EINPresswire.com⁩/ -- The Association of Professional Social Compliance Auditors (APSCA) announced today that it has revoked the membership of …

Distribution channels: Consumer Goods, Human Rights ...
Published on February 28, 2021 - 23:12 GMT

Why Vegan Claims Must Be Audited to be Certified

Vegan claims without physical audits lack integrity, as you cannot hold the supply chain and manufacturing processes accountable with just a paperwork review. PALM BEACH, FLORIDA, UNITED STATES, February 28, 2021 /⁨EINPresswire.com⁩/ -- Vegan …

Distribution channels: Beauty & Hair Care, Conferences & Trade Fairs ...
Published on February 27, 2021 - 18:03 GMT

The Biggest Standout Designer From New York Fashion Week 2021

American Design House, PRSVR is the standout Designer Brand at New York Fashion Week - especially during Black History Month. LOS ANGELES, CA, USA, February 27, 2021 /⁨EINPresswire.com⁩/ -- On a blistery cold rooftop in the fashion capital of the …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on February 26, 2021 - 11:00 GMT

Governments and Corporations are Responsible for the Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 26, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

Distribution channels: Amusement, Gaming & Casino, Automotive Industry ...
Published on February 26, 2021 - 08:10 GMT

Fresh Folds Laundromat Opens Top-of-the-Line Laundromat in Tacoma

Tacoma, WA - Taking a new spin on laundromats, Fresh Folds Laundry proudly opens in the Tacoma area with ultra high-tech coinless machines. TACOMA, WASHINGTON, UNITED STATES, February 26, 2021 /⁨EINPresswire.com⁩/ -- Tacoma, WA - Taking a new spin …

Distribution channels: Business & Economy, Consumer Goods ...
Published on February 26, 2021 - 00:51 GMT

RollsPack - Award Winning Packaging Company brings Returnable Mailer Bag to the Australian market for 2021

A remarkable 96% of customers won't shop with you again - if they can't return a product easily PORT MELBOURNE, VICTORIA, AUSTRALIA, February 26, 2021 /⁨EINPresswire.com⁩/ -- RollsPack (Australia's favourite wholesale and retail …

Distribution channels: Consumer Goods, Food & Beverage Industry ...
Published on February 25, 2021 - 18:08 GMT

Governments and Corporations are Responsible for the Life and Death of Small Business

No More Excuses: Small Business Needs Support, Not Lockdowns and Unfair Restrictions TORONTO, ONTARIO, CANADA, February 25, 2021 /⁨EINPresswire.com⁩/ -- How many small businesses throughout Canada have struggled and closed while many large …

Distribution channels: Automotive Industry, Aviation & Aerospace Industry ...
Published on February 25, 2021 - 17:53 GMT

Wayrates Brings Loads of Attractive End of Winter Offers for New Customers

Online retail store Wayrates will soon start its End of Winter sale. The owners of the store have adopted a new pricing strategy to attract new customers. HONG KONG, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Wayrates.com, a reputable online …

Distribution channels: Business & Economy, Companies ...
Published on February 25, 2021 - 17:51 GMT

Shoessee Slashed down Shipping Fee on Purchases Made By US Customers

To make their products equally popular within the US mainland, Shoessee brought a somewhat exciting offer for buyers ordering products from inside the US. HONG KONG, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Shoessee, an online shopping …

Distribution channels: Business & Economy, Companies ...
Published on February 25, 2021 - 17:46 GMT

Ninacloak Announces Pre-Spring Sale After Setting Afloat V-Day Offers

For women who like to mix and match, the pre-spring sale is the perfect time to purchase different styles and colors of clothing. HONG KONG, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- As one of the most affordable online fashion stores known …

Distribution channels: Consumer Goods, Retail ...
Published on February 25, 2021 - 17:43 GMT

Berrylook Adds Unique Shift And A-Line Dresses In The V-Day Collection

The company’s V-day specials feature an eclectic collection of dresses priced nominally, to facilitate easy purchase for all. HONG KONG, CHINA, February 25, 2021 /⁨EINPresswire.com⁩/ -- Berrylook, one of the most reputed shopping destinations for …

Distribution channels: Business & Economy, Consumer Goods ...
Published on February 25, 2021 - 15:22 GMT

Oregon Bill to End Mink Farming, Compensate State’s Few Remaining Producers

Oregon state Sen. Floyd Prozanski introduced a bill this session to phase out mink farming in the state by the end of the year. SALEM, OREGON, UNITED STATES, February 25, 2021 /⁨EINPresswire.com⁩/ -- SALEM, Ore.— Oregon state Sen. Floyd Prozanski …

Distribution channels: Agriculture, Farming & Forestry Industry, Consumer Goods ...
Published on February 25, 2021 - 17:07 GMT

ADM Endeavors, Inc. (OTCQB: ADMQ) Names Vice President of Sales for Central Texas Region Including Austin and San ...

Fort Worth, TX, Feb. 25, 2021 (GLOBE NEWSWIRE) -- via NewMediaWire -- ADM Endeavors, Inc. (OTCQB: ADMQ) is pleased to announce that David Kirk has been named Vice President of Sales in the Company’s office in Austin, Texas. Mr. Kirk is a native Texan and …

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Published on February 25, 2021 - 13:30 GMT

Abercrombie & Fitch Co. Commits to Renewable Energy in Its Global Home Office and Distribution Centers

NEW ALBANY, Ohio, Feb. 25, 2021 (GLOBE NEWSWIRE) -- Abercrombie & Fitch Co. (NYSE: ANF), a leading, global specialty retailer of apparel and accessories, today announced its commitment to source all electricity used at its New Albany, OH Global Home …

Distribution channels: Companies, Media, Advertising & PR ...