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As of 1998, the Sri Lanka apparel industry employed about 300,000 people in 800 factories. Sri Lanka nationals are primary owners of 85% of the small-to-mid-sized factories, while larger operations are typically joint ventures or foreign-owned. [10] The end of Sri Lanka's civil war in 2009
A linen handkerchief with drawn thread work around the edges Linen cloth recovered from Qumran Cave 1 near the Dead Sea Flax stem, fiber, yarn and woven and knitted linen textiles. Linen (/ ˈ l ɪ n ə n /) is a textile made from the fibers of the flax plant. Linen is very strong and absorbent and dries faster than cotton. Because of these ...
The company was listed on the Colombo Stock Exchange in 2003. A fraud incident which was dubbed the biggest in a listed company in Sri Lanka rocked the company in 2011. The company adopted its current name, Hayleys Fabric in 2015. Hayleys Fabric acquired South Asia Textiles Ltd for LKR3.9 billion from Ambeon Holdings in 2021.
Economic history of Sri Lanka (3 C, 10 P) ... Industry in Sri Lanka (11 C, 5 P) ... Pages in category "Economy of Sri Lanka"
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LMD 100 ranks listed companies in Sri Lanka by revenue annually. [10] Amari Wijewardene is the company's chairperson and a member of the Wijewardene family . Wijewardene's appointment as the Sri Lankan High Commissioner to the United Kingdom in 2016 by her cousin, then prime minister Ranil Wickremesinghe was criticised as nepotism. [ 11 ]
Teejay Lanka PLC formerly known as Textured Jersey Lanka is a knitted fabric manufacturer in Sri Lanka [2] and is one of the constituents of the S&P Sri Lanka 20 Index of the Colombo Stock Exchange. The company is a supplier to the brands such as Nike , PVH , L Brands , Marks & Spencer , Decathlon , Lidl , and Calzedonia .